EVR (Evercore) Cyclically Adjusted PB Ratio: 8.46 (As of Aug. 20, 2026) — 44% Above Median

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EVR Evercore Inc EVR
83 GF Score
Price $286.88
GF Value $383.33
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Evercore Cyclically Adjusted PB Ratio?

Evercore EVR -3.85% 83 Cyclically Adjusted PB Ratio is 8.46 as of Aug. 20, 2026, which is 44% above its 10-year median of 5.88. GuruFocus rates EVR with a GF Score™ of 83/100 and a GF Value™ of $383.33 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 582 Capital Markets companies, Evercore ranks worse than 93.81% on this metric.

As of today (2026-08-20), Evercore's current share price is $286.88. Evercore's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $33.91. Evercore's Cyclically Adjusted PB Ratio for today is 8.46.

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

EVR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.26   Med: 5.88   Max: 12.1
Current: 8.8

During the past years, Evercore's highest Cyclically Adjusted PB Ratio was 12.10. The lowest was 2.26. And the median was 5.88.

EVR's Cyclically Adjusted PB Ratio is ranked worse than
93.81% of 582 companies
in the Capital Markets industry
Industry Median: 1.295 vs EVR: 8.80

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.

Evercore's adjusted book value per share data for the three months ended in Jun. 2026 was $48.331. 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 $33.91 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evercore  (NYSE:EVR) 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.


Evercore Cyclically Adjusted PB Ratio Related Terms


Evercore Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Evercore'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.

Evercore Cyclically Adjusted PB Ratio Chart

Evercore 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 7.09 4.91 6.85 9.96 10.86

Evercore 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 9.13 11.06 10.86 9.13 10.07

EVR vs IREN, JEF, HUT: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Evercore'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.


Evercore Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Evercore's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


EVR
83GF Score
Evercore Inc EVR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Evercore 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=286.88/33.91
=8.46

* 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.

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

For example, Evercore'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)
=48.331/333.9520*333.9520
=48.331

Current CPI (Jun. 2026) = 333.9520.

Evercore Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.682 241.428 16.159
201612 13.455 241.432 18.611
201703 13.596 243.801 18.623
201706 11.690 244.955 15.937
201709 12.322 246.819 16.672
201712 13.911 246.524 18.844
201803 13.427 249.554 17.968
201806 15.234 251.989 20.189
201809 16.381 252.439 21.670
201812 19.073 251.233 25.353
201903 18.695 254.202 24.560
201906 18.520 256.143 24.146
201909 19.390 256.759 25.219
201912 22.200 256.974 28.850
202003 20.145 258.115 26.064
202006 22.189 257.797 28.744
202009 23.911 260.280 30.679
202012 30.207 260.474 38.728
202103 28.425 264.877 35.838
202106 28.893 271.696 35.513
202109 31.255 274.310 38.051
202112 34.836 278.802 41.727
202203 34.757 287.504 40.372
202206 34.508 296.311 38.892
202209 36.352 296.808 40.901
202212 40.076 296.797 45.093
202303 35.883 301.836 39.701
202306 37.102 305.109 40.609
202309 38.575 307.789 41.854
202312 41.747 306.746 45.450
202403 37.513 312.332 40.110
202406 39.551 314.175 42.041
202409 40.922 315.301 43.343
202412 44.801 315.605 47.405
202503 38.973 319.799 40.698
202506 42.884 322.561 44.398
202509 46.928 324.800 48.250
202512 52.737 324.054 54.348
202603 46.076 330.213 46.598
202606 48.331 333.952 48.331

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 8.46 mean?
Evercore (EVR) has a Cyclically Adjusted PB Ratio of 8.46 as of Aug. 20, 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 Evercore and its competitors. This is 44% above median its historical median of 5.88. Over the past decade, Evercore's Cyclically Adjusted PB Ratio has ranged from 2.26 to 12.10. According to the industry distribution chart, Evercore ranks #546 out of 582 companies in the Capital Markets industry, placing it in the top 93.8%.
Is Evercore's Cyclically Adjusted PB Ratio too high?
Evercore's current Cyclically Adjusted PB Ratio of 8.46 is 44% above median its 10-year median of 5.88. Over the past 10 years, this metric has ranged from a low of 2.26 to a high of 12.10. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.30. Evercore's value of 8.46 is 553.3% above this industry median. Based on the distribution chart, Evercore ranks #546 out of 582 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Evercore has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evercore's Cyclically Adjusted PB Ratio compare to IREN and JEF?
According to the Capital Markets industry distribution chart, Evercore ranks #546 out of 582 companies for Cyclically Adjusted PB Ratio. This places Evercore in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.30. Evercore's value of 8.46 is 553.3% above this benchmark. Historically, Evercore's own Cyclically Adjusted PB Ratio has ranged from 2.26 to 12.10 over the past decade. While the company's 10-year median is 5.88 vs. the industry median of 1.30, Evercore 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.30, based on 582 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. Evercore's current Cyclically Adjusted PB Ratio of 8.46 is 553.3% 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 Evercore and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evercore's current Cyclically Adjusted PB Ratio is 8.46, which is 44% above median its own 10-year median of 5.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evercore stock overvalued right now?
Based on GuruFocus' analysis, Evercore (EVR) is currently considered Modestly Undervalued. The stock's GF Value™ is $383.33, compared to a current price of $286.88 — trading 25.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.46, which is 44% above median its 10-year median of 5.88 and 553.3% above the Capital Markets industry median of 1.30. Evercore's overall GF Score™ is 83/100 with 1 warning sign 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 Evercore (EVR), the current Cyclically Adjusted PB Ratio is 8.46 as of Aug. 20, 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 Evercore (EVR) Overvalued in 2026?

Based on GuruFocus' analysis, Evercore stock appears to be undervalued. The current stock price of $286.88 is trading 25.2% below its estimated GF Value™ of $383.33. GuruFocus considers Evercore to be Modestly Undervalued.

Key valuation signals for EVR:

  • Cyclically Adjusted PB Ratio: 8.46 (44% above median its 10-year median of 5.88)
  • GF Value™: $383.33 vs. price of $286.88 (25.2% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 553.3% above the Capital Markets median (#546 of 582)

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


Evercore Business Description

Other Exchanges EVR:MexicoQGJ:Germany
Address 55 East 52nd Street, New York, NY, USA, 10055
Evercore is a leading independent investment banking advisory firm that generates most of its revenue through merger and acquisition and restructuring advisory services, with much smaller capital raising, equities trading, and investment management businesses. Founded in 1995, it has built a reputation for advising on some of the world's largest and most complex transactions. Evercore operates globally, with a strong presence in the US and Europe, serving corporations, financial sponsors, and government clients. Its business model emphasizes high-touch, conflict-free advice rather than balance sheet lending, allowing it to compete with larger bulge-bracket banks.
83GF Score

Get the complete analysis for EVR

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

$286.88
Price
$383.33
GF Value