EOLS (Evolus) Cyclically Adjusted PB Ratio: 10.59 (As of Aug. 15, 2026) — 23% Above Median

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EOLS Evolus Inc EOLS
73 GF Score
Price $8.16
GF Value $13.32
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Evolus Cyclically Adjusted PB Ratio?

Evolus EOLS +1.68% 73 Cyclically Adjusted PB Ratio is 10.59 as of Aug. 15, 2026, which is 23% above its 10-year median of 8.58. GuruFocus rates EOLS with a GF Score™ of 73/100 and a GF Value™ of $13.32 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 716 Drug Manufacturers companies, Evolus ranks worse than 94.27% on this metric.

As of today (2026-08-15), Evolus's current share price is $8.158. Evolus's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.77. Evolus's Cyclically Adjusted PB Ratio for today is 10.59.

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

EOLS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.44   Med: 8.58   Max: 10.63
Current: 10.63

During the past years, Evolus's highest Cyclically Adjusted PB Ratio was 10.63. The lowest was 7.44. And the median was 8.58.

EOLS's Cyclically Adjusted PB Ratio is ranked worse than
94.27% of 716 companies
in the Drug Manufacturers industry
Industry Median: 1.76 vs EOLS: 10.63

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.

Evolus's adjusted book value per share data for the three months ended in Jun. 2026 was $-0.468. 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 $0.77 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evolus  (NAS:EOLS) 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.


Evolus Cyclically Adjusted PB Ratio Related Terms


Evolus Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Evolus'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.

Evolus Cyclically Adjusted PB Ratio Chart

Evolus 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 0.00 0.00 0.00 0.00 0.00

Evolus 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 0.00 0.00 0.00 0.00 9.04

EOLS vs EBS, ELTP, AKBA: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Evolus'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.


Evolus Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


EOLS
73GF Score
Evolus Inc EOLS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evolus 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.

Evolus's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.158/0.77
=10.59

* 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.

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

For example, Evolus'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)
=-0.468/333.9520*333.9520
=-0.468

Current CPI (Jun. 2026) = 333.9520.

Evolus Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.509 236.525 0.719
201612 -0.301 241.432 -0.416
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 -0.660 246.819 -0.893
201712 -3.202 246.524 -4.338
201803 2.199 249.554 2.943
201806 1.602 251.989 2.123
201809 3.482 252.439 4.606
201812 3.094 251.233 4.113
201903 2.762 254.202 3.629
201906 1.503 256.143 1.960
201909 0.621 256.759 0.808
201912 2.367 256.974 3.076
202003 1.856 258.115 2.401
202006 1.292 257.797 1.674
202009 1.040 260.280 1.334
202012 -2.162 260.474 -2.772
202103 0.532 264.877 0.671
202106 1.952 271.696 2.399
202109 1.753 274.310 2.134
202112 1.473 278.802 1.764
202203 1.200 287.504 1.394
202206 0.836 296.311 0.942
202209 0.520 296.808 0.585
202212 0.329 296.797 0.370
202303 0.122 301.836 0.135
202306 -0.122 305.109 -0.134
202309 -0.339 307.789 -0.368
202312 -0.358 306.746 -0.390
202403 0.296 312.332 0.316
202406 0.306 314.175 0.325
202409 0.093 315.301 0.099
202412 0.087 315.605 0.092
202503 -0.102 319.799 -0.107
202506 -0.289 322.561 -0.299
202509 -0.444 324.800 -0.457
202512 -0.355 324.054 -0.366
202603 -0.437 330.213 -0.442
202606 -0.468 333.952 -0.468

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 10.59 mean?
Evolus (EOLS) has a Cyclically Adjusted PB Ratio of 10.59 as of Aug. 15, 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 Evolus and its competitors. This is 23% above median its historical median of 8.58. Over the past decade, Evolus' Cyclically Adjusted PB Ratio has ranged from 7.44 to 10.63. According to the industry distribution chart, Evolus ranks #675 out of 716 companies in the Drug Manufacturers industry, placing it in the top 94.3%.
Is Evolus' Cyclically Adjusted PB Ratio too high?
Evolus' current Cyclically Adjusted PB Ratio of 10.59 is 23% above median its 10-year median of 8.58. Over the past 10 years, this metric has ranged from a low of 7.44 to a high of 10.63. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.76. Evolus' value of 10.59 is 501.7% above this industry median. Based on the distribution chart, Evolus ranks #675 out of 716 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Evolus has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Evolus' Cyclically Adjusted PB Ratio compare to EBS and ELTP?
According to the Drug Manufacturers industry distribution chart, Evolus ranks #675 out of 716 companies for Cyclically Adjusted PB Ratio. This places Evolus in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.76. Evolus' value of 10.59 is 501.7% above this benchmark. Historically, Evolus' own Cyclically Adjusted PB Ratio has ranged from 7.44 to 10.63 over the past decade. While the company's 10-year median is 8.58 vs. the industry median of 1.76, Evolus 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 1.76, based on 716 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. Evolus's current Cyclically Adjusted PB Ratio of 10.59 is 501.7% 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 Evolus and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolus's current Cyclically Adjusted PB Ratio is 10.59, which is 23% above median its own 10-year median of 8.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolus stock overvalued right now?
Based on GuruFocus' analysis, Evolus (EOLS) is currently considered Possible Value Trap. The stock's GF Value™ is $13.32, compared to a current price of $8.16 — trading 38.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.59, which is 23% above median its 10-year median of 8.58 and 501.7% above the Drug Manufacturers industry median of 1.76. Evolus' overall GF Score™ is 73/100 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 Evolus (EOLS), the current Cyclically Adjusted PB Ratio is 10.59 as of Aug. 15, 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 Evolus (EOLS) Overvalued in 2026?

Based on GuruFocus' analysis, Evolus stock appears to be undervalued. The current stock price of $8.16 is trading 38.8% below its estimated GF Value™ of $13.32. GuruFocus considers Evolus to be Possible Value Trap.

Key valuation signals for EOLS:

  • Cyclically Adjusted PB Ratio: 10.59 (23% above median its 10-year median of 8.58)
  • GF Value™: $13.32 vs. price of $8.16 (38.8% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 501.7% above the Drug Manufacturers median (#675 of 716)

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


Evolus Business Description

Other Exchanges EVL:Germany
Address 520 Newport Center Drive, Suite 1200, Newport Beach, CA, USA, 92660
Evolus Inc is a performance beauty company offering medical aesthetic products in the cash-pay aesthetic market. The company's commercially available products represent two product categories within medical aesthetics: injectable neurotoxins and injectable hyaluronic acid (HA) gels. Its commercial products are: Jeuveau, a proprietary 900-kilodalton, purified botulinum toxin type A formulation indicated for the temporary improvement in the appearance of moderate to severe frown lines, in adults; and Evolysse, a collection of injectable HA gels that utilizes first-generation cold technology. The line includes several products, including mid face, nasolabial folds, lips, and eyes. Geographically, the company currently has operations in the United States, Canada, Europe, and Australia.
73GF Score

Get the complete analysis for EOLS

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

$8.16
Price
$13.32
GF Value