ELAN (TSE:6099) Cyclically Adjusted PB Ratio: 5.51 (As of Aug. 15, 2026) — 21% Below Median

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TSE:6099 ELAN Corp TSE:6099
92 GF Score
Price 円751.00
GF Value 円951.85
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is ELAN Cyclically Adjusted PB Ratio?

ELAN TSE:6099 -1.31% 92 Cyclically Adjusted PB Ratio is 5.51 as of Aug. 15, 2026, which is 21% below its 10-year median of 6.98. GuruFocus rates TSE:6099 with a GF Score™ of 92/100 and a GF Value™ of 円951.85 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 348 Healthcare Providers & Services companies, ELAN ranks worse than 86.21% on this metric.

As of today (2026-08-15), ELAN's current share price is 円751.00. ELAN's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円136.35. ELAN's Cyclically Adjusted PB Ratio for today is 5.51.

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

TSE:6099' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.3   Med: 6.98   Max: 10.54
Current: 5.51

During the past years, ELAN's highest Cyclically Adjusted PB Ratio was 10.54. The lowest was 5.30. And the median was 6.98.

TSE:6099's Cyclically Adjusted PB Ratio is ranked worse than
86.21% of 348 companies
in the Healthcare Providers & Services industry
Industry Median: 1.89 vs TSE:6099: 5.51

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.

ELAN's adjusted book value per share data for the three months ended in Jun. 2026 was 円253.768. 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 円136.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ELAN  (TSE:6099) 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.


ELAN Cyclically Adjusted PB Ratio Related Terms


ELAN Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ELAN'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.

ELAN Cyclically Adjusted PB Ratio Chart

ELAN 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 6.96 5.74

ELAN 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 6.74 6.57 5.74 5.53 5.46

TSE:6099 vs HCA, THC, DVA: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, ELAN'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.


ELAN Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, ELAN's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6099
92GF Score
ELAN Corp TSE:6099
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ELAN 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=751.00/136.35
=5.51

* 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.

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

For example, ELAN'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)
=253.768/113.6000*113.6000
=253.768

Current CPI (Jun. 2026) = 113.6000.

ELAN Quarterly Data

Book Value per Share CPI Adj_Book
201609 47.061 98.000 54.552
201612 49.213 98.400 56.815
201703 50.871 98.100 58.909
201706 53.039 98.500 61.170
201709 55.255 98.800 63.532
201712 58.480 99.400 66.834
201803 60.283 99.200 69.034
201806 63.400 99.200 72.603
201809 66.839 99.900 76.005
201812 70.342 99.700 80.149
201903 71.859 99.700 81.877
201906 75.791 99.800 86.271
201909 78.980 100.100 89.632
201912 82.857 100.500 93.657
202003 83.858 100.300 94.978
202006 89.180 99.900 101.410
202009 95.432 99.900 108.519
202012 102.051 99.300 116.747
202103 103.590 99.900 117.796
202106 107.697 99.500 122.959
202109 116.449 100.100 132.154
202112 123.782 100.100 140.476
202203 125.143 101.100 140.616
202206 134.412 101.800 149.992
202209 144.126 103.100 158.804
202212 148.686 104.100 162.255
202303 148.856 104.400 161.974
202306 158.226 105.200 170.860
202309 168.672 106.200 180.425
202312 178.865 106.800 190.253
202403 178.403 107.200 189.054
202406 188.704 108.200 198.122
202409 196.485 108.900 204.965
202412 206.769 110.700 212.186
202503 204.623 111.100 209.227
202506 212.673 111.700 216.291
202509 223.899 112.000 227.098
202512 238.799 113.000 240.067
202603 240.038 112.700 241.955
202606 253.768 113.600 253.768

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 5.51 mean?
ELAN (TSE:6099) has a Cyclically Adjusted PB Ratio of 5.51 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 ELAN and its competitors. This is 21% below median its historical median of 6.98. Over the past decade, ELAN's Cyclically Adjusted PB Ratio has ranged from 5.30 to 10.54. According to the industry distribution chart, ELAN ranks #300 out of 348 companies in the Healthcare Providers & Services industry, placing it in the top 86.2%.
Is ELAN's Cyclically Adjusted PB Ratio too high?
ELAN's current Cyclically Adjusted PB Ratio of 5.51 is 21% below median its 10-year median of 6.98. Over the past 10 years, this metric has ranged from a low of 5.30 to a high of 10.54. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.89. ELAN's value of 5.51 is 191.5% above this industry median. Based on the distribution chart, ELAN ranks #300 out of 348 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, ELAN has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ELAN's Cyclically Adjusted PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, ELAN ranks #300 out of 348 companies for Cyclically Adjusted PB Ratio. This places ELAN in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.89. ELAN's value of 5.51 is 191.5% above this benchmark. Historically, ELAN's own Cyclically Adjusted PB Ratio has ranged from 5.30 to 10.54 over the past decade. While the company's 10-year median is 6.98 vs. the industry median of 1.89, ELAN 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.89, based on 348 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. ELAN's current Cyclically Adjusted PB Ratio of 5.51 is 191.5% 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 ELAN and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ELAN's current Cyclically Adjusted PB Ratio is 5.51, which is 21% below median its own 10-year median of 6.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELAN stock overvalued right now?
Based on GuruFocus' analysis, ELAN (TSE:6099) is currently considered Modestly Undervalued. The stock's GF Value™ is 円951.85, compared to a current price of 円751.00 — trading 21.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.51, which is 21% below median its 10-year median of 6.98 and 191.5% above the Healthcare Providers & Services industry median of 1.89. ELAN's overall GF Score™ is 92/100 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 ELAN (TSE:6099), the current Cyclically Adjusted PB Ratio is 5.51 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 ELAN (TSE:6099) Overvalued in 2026?

Based on GuruFocus' analysis, ELAN stock appears to be undervalued. The current stock price of 円751.00 is trading 21.1% below its estimated GF Value™ of 円951.85. GuruFocus considers ELAN to be Modestly Undervalued.

Key valuation signals for TSE:6099:

  • Cyclically Adjusted PB Ratio: 5.51 (21% below median its 10-year median of 6.98)
  • GF Value™: 円951.85 vs. price of 円751.00 (21.1% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 191.5% above the Healthcare Providers & Services median (#300 of 348)

No single metric tells the full story. See the TSE:6099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ELAN Business Description

Address 15-12 Degawa-cho, Nagano Prefecture, Matsumoto, JPN, 390-0826
ELAN Corp operates in the medical industry. The company provides the CS (Care Support) Set service, which combines the rental of clothing and towels, laundry services, and the provision of daily living goods. The service is offered to individuals in hospitals and nursing care facilities, including nursing homes and other care facilities. The CS Set allows users to access clothing, towels, and daily necessities through a combined rental and supply service.
92GF Score

Get the complete analysis for TSE:6099

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

円751.00
Price
円951.85
GF Value