Eli Lilly and Co (BSP:LILY34) Cyclically Adjusted PB Ratio: 81.48 (As of Aug. 08, 2026) — 339% Above Median

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BSP:LILY34 Eli Lilly and Co BSP:LILY34
94 GF Score
Price R$202.08
GF Value R$255.73
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Eli Lilly and Co Cyclically Adjusted PB Ratio?

Eli Lilly and Co BSP:LILY34 -0.49% 94 Cyclically Adjusted PB Ratio is 81.48 as of Aug. 08, 2026, which is 339% above its 10-year median of 18.55. GuruFocus rates BSP:LILY34 with a GF Score™ of 94/100 and a GF Value™ of R$255.73 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 736 Drug Manufacturers companies, Eli Lilly and Co ranks worse than 99.32% on this metric.

As of today (2026-08-08), Eli Lilly and Co's current share price is R$202.08. Eli Lilly and Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$2.48. Eli Lilly and Co's Cyclically Adjusted PB Ratio for today is 81.48.

The historical rank and industry rank for Eli Lilly and Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:LILY34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.24   Med: 18.55   Max: 87.86
Current: 82.38

During the past years, Eli Lilly and Co's highest Cyclically Adjusted PB Ratio was 87.86. The lowest was 5.24. And the median was 18.55.

BSP:LILY34's Cyclically Adjusted PB Ratio is ranked worse than
99.32% of 736 companies
in the Drug Manufacturers industry
Industry Median: 1.75 vs BSP:LILY34: 82.38

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.

Eli Lilly and Co's adjusted book value per share data for the three months ended in Jun. 2026 was R$6.491. 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 R$2.48 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eli Lilly and Co  (BSP:LILY34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Eli Lilly and Co Cyclically Adjusted PB Ratio Related Terms


Eli Lilly and Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eli Lilly and Co's Cyclically Adjusted PB Ratio 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.

Eli Lilly and Co Cyclically Adjusted PB Ratio Chart

Eli Lilly and Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.03 28.80 46.93 63.07 82.04

Eli Lilly and Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 62.08 59.43 82.04 66.90 83.33

BSP:LILY34 vs JNJ, ABBV, MRK: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - General subindustry, Eli Lilly and Co'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.


Eli Lilly and Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Eli Lilly and Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eli Lilly and Co's Cyclically Adjusted PB Ratio falls into.


BSP:LILY34
94GF Score
Eli Lilly and Co BSP:LILY34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eli Lilly and Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Eli Lilly and Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=202.08/2.48
=81.48

* 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.

Eli Lilly and Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Eli Lilly and Co'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)
=6.491/333.9520*333.9520
=6.491

Current CPI (Jun. 2026) = 333.9520.

Eli Lilly and Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.531 241.428 2.118
201612 1.423 241.432 1.968
201703 1.326 243.801 1.816
201706 1.407 244.955 1.918
201709 1.412 246.819 1.910
201712 1.157 246.524 1.567
201803 1.453 249.554 1.944
201806 1.352 251.989 1.792
201809 1.678 252.439 2.220
201812 1.204 251.233 1.600
201903 0.327 254.202 0.430
201906 0.370 256.143 0.482
201909 0.484 256.759 0.630
201912 0.372 256.974 0.483
202003 0.524 258.115 0.678
202006 0.740 257.797 0.959
202009 0.908 260.280 1.165
202012 1.011 260.474 1.296
202103 1.351 264.877 1.703
202106 1.129 271.696 1.388
202109 1.427 274.310 1.737
202112 1.775 278.802 2.126
202203 1.628 287.504 1.891
202206 1.513 296.311 1.705
202209 1.852 296.808 2.084
202212 1.960 296.797 2.205
202303 2.047 301.836 2.265
202306 1.886 305.109 2.064
202309 1.946 307.789 2.111
202312 1.956 306.746 2.129
202403 2.362 312.332 2.526
202406 2.704 314.175 2.874
202409 2.921 315.301 3.094
202412 3.234 315.605 3.422
202503 3.371 319.799 3.520
202506 3.767 322.561 3.900
202509 4.748 324.800 4.882
202512 5.393 324.054 5.558
202603 6.087 330.213 6.156
202606 6.491 333.952 6.491

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

What does a Cyclically Adjusted PB Ratio of 81.48 mean?
Eli Lilly and Co (BSP:LILY34) has a Cyclically Adjusted PB Ratio of 81.48 as of Aug. 08, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Eli Lilly and Co and its competitors. This is 339% above median its historical median of 18.55. Over the past decade, Eli Lilly and Co's Cyclically Adjusted PB Ratio has ranged from 5.24 to 87.86. According to the industry distribution chart, Eli Lilly and Co ranks #731 out of 736 companies in the Drug Manufacturers industry, placing it in the top 99.3%.
Is Eli Lilly and Co's Cyclically Adjusted PB Ratio too high?
Eli Lilly and Co's current Cyclically Adjusted PB Ratio of 81.48 is 339% above median its 10-year median of 18.55. Over the past 10 years, this metric has ranged from a low of 5.24 to a high of 87.86. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.75. Eli Lilly and Co's value of 81.48 is 4556% above this industry median. Based on the distribution chart, Eli Lilly and Co ranks #731 out of 736 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Eli Lilly and Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eli Lilly and Co's Cyclically Adjusted PB Ratio compare to JNJ and ABBV?
According to the Drug Manufacturers industry distribution chart, Eli Lilly and Co ranks #731 out of 736 companies for Cyclically Adjusted PB Ratio. This places Eli Lilly and Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.75. Eli Lilly and Co's value of 81.48 is 4556% above this benchmark. Historically, Eli Lilly and Co's own Cyclically Adjusted PB Ratio has ranged from 5.24 to 87.86 over the past decade. While the company's 10-year median is 18.55 vs. the industry median of 1.75, Eli Lilly and Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.75, based on 736 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eli Lilly and Co's current Cyclically Adjusted PB Ratio of 81.48 is 4556% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Eli Lilly and Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eli Lilly and Co's current Cyclically Adjusted PB Ratio is 81.48, which is 339% above median its own 10-year median of 18.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eli Lilly and Co stock overvalued right now?
Based on GuruFocus' analysis, Eli Lilly and Co (BSP:LILY34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$255.73, compared to a current price of R$202.08 — trading 21% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 81.48, which is 339% above median its 10-year median of 18.55 and 4556% above the Drug Manufacturers industry median of 1.75. Eli Lilly and Co's overall GF Score™ is 94/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Eli Lilly and Co (BSP:LILY34), the current Cyclically Adjusted PB Ratio is 81.48 as of Aug. 08, 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 Eli Lilly and Co (BSP:LILY34) Overvalued in 2026?

Based on GuruFocus' analysis, Eli Lilly and Co stock appears to be undervalued. The current stock price of R$202.08 is trading 21% below its estimated GF Value™ of R$255.73. GuruFocus considers Eli Lilly and Co to be Modestly Undervalued.

Key valuation signals for BSP:LILY34:

  • Cyclically Adjusted PB Ratio: 81.48 (339% above median its 10-year median of 18.55)
  • GF Value™: R$255.73 vs. price of R$202.08 (21% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 4556% above the Drug Manufacturers median (#731 of 736)

No single metric tells the full story. See the BSP:LILY34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eli Lilly and Co Business Description

Address Lilly Corporate Center, Indianapolis, IN, USA, 46285
Eli Lilly is a drug firm with a focus on neuroscience, cardiometabolic, cancer, and immunology. Lilly's key products include Verzenio and Jaypirca for cancer; Mounjaro, Zepbound, Foundayo, Jardiance, Trulicity, Humalog, and Humulin for cardiometabolic; and Taltz and Olumiant for immunology.
94GF Score

Get the complete analysis for BSP:LILY34

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

R$202.08
Price
R$255.73
GF Value