ELAN (TSE:6099) Cyclically Adjusted Book per Share: 円136.35 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6099 ELAN Corp TSE:6099
92 GF Score
Price 円750.00
GF Value 円955.54
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is ELAN Cyclically Adjusted Book per Share?

ELAN TSE:6099 -0.53% 92 Cyclically Adjusted Book per Share is 円136.35 as of Jun. 2026. GuruFocus rates TSE:6099 with a GF Score™ of 92/100 and a GF Value™ of 円955.54 (Modestly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

ELAN's adjusted book value per share for the three months ended in Jun. 2026 was 円253.768. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円136.35 for the trailing ten years ended in Jun. 2026.

During the past 12 months, ELAN's average Cyclically Adjusted Book Growth Rate was 18.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-09-01), ELAN's current stock price is 円750.00. ELAN's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円136.35. ELAN's Cyclically Adjusted PB Ratio of today is 5.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ELAN was 10.54. The lowest was 5.30. And the median was 6.97.


ELAN  (TSE:6099) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

ELAN's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=750.00/136.35
=5.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ELAN was 10.54. The lowest was 5.30. And the median was 6.97.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


ELAN Cyclically Adjusted Book per Share Related Terms


ELAN Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for ELAN's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ELAN Cyclically Adjusted Book per Share Chart

ELAN Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 106.01 125.85

ELAN Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 115.26 120.01 125.85 130.27 136.35

TSE:6099 vs HCA, THC, EHC: Cyclically Adjusted Book per Share Comparison

For the Medical Care Facilities subindustry, ELAN's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ELAN Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, ELAN's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ELAN's Cyclically Adjusted PB Ratio falls into.


TSE:6099
92GF Score
ELAN Corp TSE:6099
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ELAN Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, ELAN's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=253.768/113.6000*113.6000
=253.768

Current CPI (Jun. 2026) = 113.6000.

ELAN Quarterly Data

Book Value per Share CPI Adj_Book
201609 47.061 98.000 54.552
201612 49.213 98.400 56.815
201703 50.871 98.100 58.909
201706 53.039 98.500 61.170
201709 55.255 98.800 63.532
201712 58.480 99.400 66.834
201803 60.283 99.200 69.034
201806 63.400 99.200 72.603
201809 66.839 99.900 76.005
201812 70.342 99.700 80.149
201903 71.859 99.700 81.877
201906 75.791 99.800 86.271
201909 78.980 100.100 89.632
201912 82.857 100.500 93.657
202003 83.858 100.300 94.978
202006 89.180 99.900 101.410
202009 95.432 99.900 108.519
202012 102.051 99.300 116.747
202103 103.590 99.900 117.796
202106 107.697 99.500 122.959
202109 116.449 100.100 132.154
202112 123.782 100.100 140.476
202203 125.143 101.100 140.616
202206 134.412 101.800 149.992
202209 144.126 103.100 158.804
202212 148.686 104.100 162.255
202303 148.856 104.400 161.974
202306 158.226 105.200 170.860
202309 168.672 106.200 180.425
202312 178.865 106.800 190.253
202403 178.403 107.200 189.054
202406 188.704 108.200 198.122
202409 196.485 108.900 204.965
202412 206.769 110.700 212.186
202503 204.623 111.100 209.227
202506 212.673 111.700 216.291
202509 223.899 112.000 227.098
202512 238.799 113.000 240.067
202603 240.038 112.700 241.955
202606 253.768 113.600 253.768

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of 円136.35 mean?
ELAN (TSE:6099) has a Cyclically Adjusted Book per Share of 円136.35 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on ELAN and its competitors.
Is ELAN's Cyclically Adjusted Book per Share too high?
ELAN's current Cyclically Adjusted Book per Share is 円136.35. Overall, ELAN has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ELAN's Cyclically Adjusted Book per Share compare to HCA and THC?
ELAN's Cyclically Adjusted Book per Share of 円136.35 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Healthcare Providers & Services company?
A good Cyclically Adjusted Book per Share depends on the Healthcare Providers & Services industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on ELAN and its competitors. ELAN's current Cyclically Adjusted Book per Share is 円136.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELAN stock overvalued right now?
Based on GuruFocus' analysis, ELAN (TSE:6099) is currently considered Modestly Undervalued. The stock's GF Value™ is 円955.54, compared to a current price of 円750.00 — trading 21.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円136.35. ELAN's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For ELAN (TSE:6099), the current Cyclically Adjusted Book per Share is 円136.35 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ELAN (TSE:6099) Overvalued in 2026?

Based on GuruFocus' analysis, ELAN stock appears to be undervalued. The current stock price of 円750.00 is trading 21.5% below its estimated GF Value™ of 円955.54. GuruFocus considers ELAN to be Modestly Undervalued.

Key valuation signals for TSE:6099:

  • Cyclically Adjusted Book per Share: 円136.35
  • GF Value™: 円955.54 vs. price of 円750.00 (21.5% below fair value)
  • GF Score™: 92/100 with 3 warning signs

No single metric tells the full story. See the TSE:6099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ELAN Business Description

Address 15-12 Degawa-cho, Nagano Prefecture, Matsumoto, JPN, 390-0826
ELAN Corp operates in the medical industry. The company provides the CS (Care Support) Set service, which combines the rental of clothing and towels, laundry services, and the provision of daily living goods. The service is offered to individuals in hospitals and nursing care facilities, including nursing homes and other care facilities. The CS Set allows users to access clothing, towels, and daily necessities through a combined rental and supply service.
92GF Score

Get the complete analysis for TSE:6099

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円750.00
Price
円955.54
GF Value