ELEEF (Element Fleet Management) Cyclically Adjusted PB Ratio: 3.18 (As of Jul. 30, 2026) — 54% Above Median

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ELEEF Element Fleet Management Corp ELEEF
71 GF Score
Price $22.28
GF Value $18.70
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Element Fleet Management Cyclically Adjusted PB Ratio?

Element Fleet Management ELEEF -2.15% 71 Cyclically Adjusted PB Ratio is 3.18 as of Jul. 30, 2026, which is 54% above its 10-year median of 2.07. GuruFocus rates ELEEF with a GF Score™ of 71/100 and a GF Value™ of $18.70 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 728 Business Services companies, Element Fleet Management ranks worse than 76.37% on this metric.

As of today (2026-07-30), Element Fleet Management's current share price is $22.28. Element Fleet Management's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $7.01. Element Fleet Management's Cyclically Adjusted PB Ratio for today is 3.18.

The historical rank and industry rank for Element Fleet Management's Cyclically Adjusted PB Ratio or its related term are showing as below:

ELEEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 2.07   Max: 3.78
Current: 3.27

During the past years, Element Fleet Management's highest Cyclically Adjusted PB Ratio was 3.78. The lowest was 1.22. And the median was 2.07.

ELEEF's Cyclically Adjusted PB Ratio is ranked worse than
76.37% of 728 companies
in the Business Services industry
Industry Median: 1.56 vs ELEEF: 3.27

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.

Element Fleet Management's adjusted book value per share data for the three months ended in Mar. 2026 was $6.791. 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 $7.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Element Fleet Management  (OTCPK:ELEEF) 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.


Element Fleet Management Cyclically Adjusted PB Ratio Related Terms


Element Fleet Management Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Element Fleet Management'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.

Element Fleet Management Cyclically Adjusted PB Ratio Chart

Element Fleet Management 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 1.46 1.92 2.14 2.87 3.67

Element Fleet Management Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.81 3.36 3.60 3.67 3.09

ELEEF vs URI, SUNB, AER: Cyclically Adjusted PB Ratio Comparison

For the Rental & Leasing Services subindustry, Element Fleet Management'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.


Element Fleet Management Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Element Fleet Management's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ELEEF
71GF Score
Element Fleet Management Corp ELEEF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Element Fleet Management 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.

Element Fleet Management's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.28/7.01
=3.18

* 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.

Element Fleet Management's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Element Fleet Management's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.791/132.2623*132.2623
=6.791

Current CPI (Mar. 2026) = 132.2623.

Element Fleet Management Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.808 102.002 12.718
201609 6.534 101.765 8.492
201612 6.626 101.449 8.639
201703 6.644 102.634 8.562
201706 6.607 103.029 8.482
201709 6.588 103.345 8.431
201712 6.397 103.345 8.187
201803 6.356 105.004 8.006
201806 6.388 105.557 8.004
201809 5.634 105.636 7.054
201812 5.585 105.399 7.008
201903 5.648 106.979 6.983
201906 5.705 107.690 7.007
201909 5.742 107.611 7.057
201912 5.493 107.769 6.741
202003 5.265 107.927 6.452
202006 5.347 108.401 6.524
202009 5.481 108.164 6.702
202012 5.829 108.559 7.102
202103 5.799 110.298 6.954
202106 5.808 111.720 6.876
202109 5.674 112.905 6.647
202112 5.691 113.774 6.616
202203 5.928 117.646 6.665
202206 6.000 120.806 6.569
202209 5.979 120.648 6.555
202212 6.225 120.964 6.806
202303 6.595 122.702 7.109
202306 6.884 124.203 7.331
202309 6.794 125.230 7.175
202312 7.099 125.072 7.507
202403 7.105 126.258 7.443
202406 6.977 127.522 7.236
202409 6.874 127.285 7.143
202412 6.859 127.364 7.123
202503 6.762 129.181 6.923
202506 6.913 129.892 7.039
202509 7.062 130.287 7.169
202512 6.813 130.366 6.912
202603 6.791 132.262 6.791

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 3.18 mean?
Element Fleet Management (ELEEF) has a Cyclically Adjusted PB Ratio of 3.18 as of Jul. 30, 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 Element Fleet Management and its competitors. This is 54% above median its historical median of 2.07. Over the past decade, Element Fleet Management's Cyclically Adjusted PB Ratio has ranged from 1.22 to 3.78. According to the industry distribution chart, Element Fleet Management ranks #556 out of 728 companies in the Business Services industry, placing it in the top 76.4%.
Is Element Fleet Management's Cyclically Adjusted PB Ratio too high?
Element Fleet Management's current Cyclically Adjusted PB Ratio of 3.18 is 54% above median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 3.78. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Element Fleet Management's value of 3.18 is 103.8% above this industry median. Based on the distribution chart, Element Fleet Management ranks #556 out of 728 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Element Fleet Management has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Element Fleet Management's Cyclically Adjusted PB Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, Element Fleet Management ranks #556 out of 728 companies for Cyclically Adjusted PB Ratio. This places Element Fleet Management in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Element Fleet Management's value of 3.18 is 103.8% above this benchmark. Historically, Element Fleet Management's own Cyclically Adjusted PB Ratio has ranged from 1.22 to 3.78 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 1.56, Element Fleet Management 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 728 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. Element Fleet Management's current Cyclically Adjusted PB Ratio of 3.18 is 103.8% 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 Element Fleet Management and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Element Fleet Management's current Cyclically Adjusted PB Ratio is 3.18, which is 54% above median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Element Fleet Management stock overvalued right now?
Based on GuruFocus' analysis, Element Fleet Management (ELEEF) is currently considered Modestly Overvalued. The stock's GF Value™ is $18.70, compared to a current price of $22.28 — trading 19.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.18, which is 54% above median its 10-year median of 2.07 and 103.8% above the Business Services industry median of 1.56. Element Fleet Management's overall GF Score™ is 71/100 with 7 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 Element Fleet Management (ELEEF), the current Cyclically Adjusted PB Ratio is 3.18 as of Jul. 30, 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 Element Fleet Management (ELEEF) Overvalued in 2026?

Based on GuruFocus' analysis, Element Fleet Management stock appears to be overvalued. The current stock price of $22.28 is trading 19.1% above its estimated GF Value™ of $18.70. GuruFocus considers Element Fleet Management to be Modestly Overvalued.

Key valuation signals for ELEEF:

  • Cyclically Adjusted PB Ratio: 3.18 (54% above median its 10-year median of 2.07)
  • GF Value™: $18.70 vs. price of $22.28 (19.1% above fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 103.8% above the Business Services median (#556 of 728)

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


Element Fleet Management Business Description

Other Exchanges EFN:Canada
Address 161 Bay Street, Suite 3600, Toronto, ON, CAN, M5J 2S1
Element Fleet Management Corp is a fleet management company, providing services and financing for commercial vehicle and equipment fleets. Their services include vehicle acquisition, maintenance, route optimization, risk management, and remarketing, as well as advising on decarbonization efforts, integration of electric vehicles, and managing the complexity of gradual fleet electrification.
71GF Score

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

$22.28
Price
$18.70
GF Value