ESLOF (Essilorluxottica) Cyclically Adjusted PB Ratio: 2.16 (As of Jul. 05, 2026) — 40% Below Median


ESLOF Essilorluxottica ESLOF
82 GF Score
Price $197.64
GF Value $270.05
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Essilorluxottica Cyclically Adjusted PB Ratio?

Essilorluxottica ESLOF +2.05% 82 Cyclically Adjusted PB Ratio is 2.16 as of Jul. 05, 2026, which is 40% below its 10-year median of 3.63. GuruFocus rates ESLOF with a GF Score™ of 82/100 and a GF Value™ of $270.05 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 525 Medical Devices & Instruments companies, Essilorluxottica ranks worse than 57.52% on this metric.

As of today (2026-07-05), Essilorluxottica's current share price is $197.6399. Essilorluxottica's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $91.42. Essilorluxottica's Cyclically Adjusted PB Ratio for today is 2.16.

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

ESLOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.18   Med: 3.63   Max: 7.5
Current: 2.23

During the past 13 years, Essilorluxottica's highest Cyclically Adjusted PB Ratio was 7.50. The lowest was 2.18. And the median was 3.63.

ESLOF's Cyclically Adjusted PB Ratio is ranked worse than
57.52% of 525 companies
in the Medical Devices & Instruments industry
Industry Median: 1.8 vs ESLOF: 2.23

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.

Essilorluxottica's adjusted book value per share data of for the fiscal year that ended in Dec25 was $98.313. 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 $91.42 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Essilorluxottica  (OTCPK:ESLOF) 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.


Essilorluxottica Cyclically Adjusted PB Ratio Related Terms


Essilorluxottica Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Essilorluxottica'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.

Essilorluxottica Cyclically Adjusted PB Ratio Chart

Essilorluxottica 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 3.97 3.00 2.80 3.29 3.49

Essilorluxottica Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.80 0.00 3.29 0.00 3.49

ESLOF vs ISRG, BDX, MDLN: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, Essilorluxottica'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.


Essilorluxottica Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Essilorluxottica's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ESLOF
82GF Score
Essilorluxottica ESLOF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Essilorluxottica 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=197.6399/91.42
=2.16

* 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.

Essilorluxottica's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Essilorluxottica's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=98.313/120.9000*120.9000
=98.313

Current CPI (Dec25) = 120.9000.

Essilorluxottica Annual Data

Book Value per Share CPI Adj_Book
201612 32.903 100.650 39.523
201712 31.561 101.850 37.464
201812 87.925 103.470 102.736
201912 88.517 104.980 101.940
202012 89.826 104.960 103.468
202112 89.830 107.850 100.700
202212 89.096 114.160 94.356
202312 92.248 118.390 94.204
202412 92.572 119.950 93.305
202512 98.313 120.900 98.313

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 2.16 mean?
Essilorluxottica (ESLOF) has a Cyclically Adjusted PB Ratio of 2.16 as of Jul. 05, 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 Essilorluxottica and its competitors. This is 40% below median its historical median of 3.63. Over the past decade, Essilorluxottica's Cyclically Adjusted PB Ratio has ranged from 2.18 to 7.50. According to the industry distribution chart, Essilorluxottica ranks #302 out of 525 companies in the Medical Devices & Instruments industry, placing it in the top 57.5%.
Is Essilorluxottica's Cyclically Adjusted PB Ratio too high?
Essilorluxottica's current Cyclically Adjusted PB Ratio of 2.16 is 40% below median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 7.50. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.80. Essilorluxottica's value of 2.16 is 20% above this industry median. Based on the distribution chart, Essilorluxottica ranks #302 out of 525 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Essilorluxottica has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Essilorluxottica's Cyclically Adjusted PB Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Essilorluxottica ranks #302 out of 525 companies for Cyclically Adjusted PB Ratio. This places Essilorluxottica in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.80. Essilorluxottica's value of 2.16 is 20% above this benchmark. Historically, Essilorluxottica's own Cyclically Adjusted PB Ratio has ranged from 2.18 to 7.50 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 1.80, Essilorluxottica 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.80, based on 525 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. Essilorluxottica's current Cyclically Adjusted PB Ratio of 2.16 is 20% 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 Essilorluxottica and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essilorluxottica's current Cyclically Adjusted PB Ratio is 2.16, which is 40% below median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essilorluxottica stock overvalued right now?
Based on GuruFocus' analysis, Essilorluxottica (ESLOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $270.05, compared to a current price of $197.64 — trading 26.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.16, which is 40% below median its 10-year median of 3.63 and 20% above the Medical Devices & Instruments industry median of 1.80. Essilorluxottica's overall GF Score™ is 82/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Essilorluxottica (ESLOF), the current Cyclically Adjusted PB Ratio is 2.16 as of Jul. 05, 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 Essilorluxottica (ESLOF) Overvalued in 2026?

Based on GuruFocus' analysis, Essilorluxottica stock appears to be undervalued. The current stock price of $197.64 is trading 26.8% below its estimated GF Value™ of $270.05. GuruFocus considers Essilorluxottica to be Modestly Undervalued.

Key valuation signals for ESLOF:

  • Cyclically Adjusted PB Ratio: 2.16 (40% below median its 10-year median of 3.63)
  • GF Value™: $270.05 vs. price of $197.64 (26.8% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 20% above the Medical Devices & Instruments median (#302 of 525)

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


Essilorluxottica Business Description

Address 147, Rue de Paris, Charenton-Le-Pont, Paris, FRA, 94220
EssilorLuxottica is a combination of the leading manufacturer of premium frames and sunglasses and the leading manufacturer of optical lenses. Both companies are significantly larger than the next biggest competitor and command over 15% of the fragmented global eyewear market. The company has a broad geographical presence, with around 37% of sales in Europe, 45% in North America, and the rest in Asia and Latin America.
82GF Score

Get the complete analysis for ESLOF

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

$197.64
Price
$270.05
GF Value