Eli Lilly and Co (XSWX:LLY) Cyclically Adjusted PB Ratio: 88.91 (As of Jul. 06, 2026) — 382% Above Median


XSWX:LLY Eli Lilly and Co XSWX:LLY
100 GF Score
Price CHF970.00
GF Value CHF1,127.02
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Eli Lilly and Co Cyclically Adjusted PB Ratio?

Eli Lilly and Co XSWX:LLY 100 Cyclically Adjusted PB Ratio is 88.91 as of Jul. 06, 2026, which is 382% above its 10-year median of 18.46. GuruFocus rates XSWX:LLY with a GF Score™ of 100/100 and a GF Value™ of CHF1,127.02 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 759 Drug Manufacturers companies, Eli Lilly and Co ranks worse than 99.34% on this metric.

As of today (2026-07-06), Eli Lilly and Co's current share price is CHF970.00. Eli Lilly and Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CHF10.91. Eli Lilly and Co's Cyclically Adjusted PB Ratio for today is 88.91.

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

XSWX:LLY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.24   Med: 18.46   Max: 88.29
Current: 88.29

During the past years, Eli Lilly and Co's highest Cyclically Adjusted PB Ratio was 88.29. The lowest was 5.24. And the median was 18.46.

XSWX:LLY's Cyclically Adjusted PB Ratio is ranked worse than
99.34% of 759 companies
in the Drug Manufacturers industry
Industry Median: 1.85 vs XSWX:LLY: 88.29

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.

Eli Lilly and Co's adjusted book value per share data for the three months ended in Mar. 2026 was CHF27.490. 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 CHF10.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eli Lilly and Co  (XSWX:LLY) 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.


Eli Lilly and Co Cyclically Adjusted PB Ratio Related Terms


Eli Lilly and Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eli Lilly and Co'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.

Eli Lilly and Co Cyclically Adjusted PB Ratio Chart

Eli Lilly and Co 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 22.03 28.80 46.93 63.07 82.04

Eli Lilly and Co 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 66.68 62.08 59.43 82.04 66.90

XSWX:LLY vs JNJ, ABBV, MRK: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - General subindustry, Eli Lilly and Co'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.


Eli Lilly and Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

* The bar in red indicates where Eli Lilly and Co's Cyclically Adjusted PB Ratio falls into.


XSWX:LLY
100GF Score
Eli Lilly and Co XSWX:LLY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eli Lilly and Co 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.

Eli Lilly and Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=970.00/10.91
=88.91

* 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.

Eli Lilly and Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Eli Lilly and Co'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)
=27.49/330.2130*330.2130
=27.490

Current CPI (Mar. 2026) = 330.2130.

Eli Lilly and Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.856 241.018 17.614
201609 13.743 241.428 18.797
201612 12.971 241.432 17.741
201703 12.735 243.801 17.249
201706 12.399 244.955 16.715
201709 13.016 246.819 17.414
201712 10.401 246.524 13.932
201803 12.603 249.554 16.676
201806 10.652 251.989 13.959
201809 11.863 252.439 15.518
201812 9.223 251.233 12.122
201903 2.556 254.202 3.320
201906 2.844 256.143 3.666
201909 3.490 256.759 4.488
201912 2.675 256.974 3.437
202003 3.086 258.115 3.948
202006 4.071 257.797 5.215
202009 4.617 260.280 5.858
202012 5.239 260.474 6.642
202103 6.685 264.877 8.334
202106 6.116 271.696 7.433
202109 7.483 274.310 9.008
202112 8.672 278.802 10.271
202203 9.123 287.504 10.478
202206 8.725 296.311 9.723
202209 10.315 296.808 11.476
202212 10.442 296.797 11.618
202303 10.910 301.836 11.936
202306 10.494 305.109 11.357
202309 10.633 307.789 11.408
202312 10.358 306.746 11.150
202403 12.644 312.332 13.368
202406 13.462 314.175 14.149
202409 13.407 315.301 14.041
202412 14.178 315.605 14.834
202503 15.517 319.799 16.022
202506 16.569 322.561 16.962
202509 21.144 324.800 21.496
202512 23.632 324.054 24.081
202603 27.490 330.213 27.490

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 88.91 mean?
Eli Lilly and Co (XSWX:LLY) has a Cyclically Adjusted PB Ratio of 88.91 as of Jul. 06, 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 Eli Lilly and Co and its competitors. This is 382% above median its historical median of 18.46. Over the past decade, Eli Lilly and Co's Cyclically Adjusted PB Ratio has ranged from 5.24 to 88.29. According to the industry distribution chart, Eli Lilly and Co ranks #754 out of 759 companies in the Drug Manufacturers industry, placing it in the top 99.3%.
Is Eli Lilly and Co's Cyclically Adjusted PB Ratio too high?
Eli Lilly and Co's current Cyclically Adjusted PB Ratio of 88.91 is 382% above median its 10-year median of 18.46. Over the past 10 years, this metric has ranged from a low of 5.24 to a high of 88.29. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.85. Eli Lilly and Co's value of 88.91 is 4705.9% above this industry median. Based on the distribution chart, Eli Lilly and Co ranks #754 out of 759 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Eli Lilly and Co has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eli Lilly and Co's Cyclically Adjusted PB Ratio compare to JNJ and ABBV?
According to the Drug Manufacturers industry distribution chart, Eli Lilly and Co ranks #754 out of 759 companies for Cyclically Adjusted PB Ratio. This places Eli Lilly and Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.85. Eli Lilly and Co's value of 88.91 is 4705.9% above this benchmark. Historically, Eli Lilly and Co's own Cyclically Adjusted PB Ratio has ranged from 5.24 to 88.29 over the past decade. While the company's 10-year median is 18.46 vs. the industry median of 1.85, Eli Lilly and Co 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 1.85, based on 759 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. Eli Lilly and Co's current Cyclically Adjusted PB Ratio of 88.91 is 4705.9% 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 Eli Lilly and Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eli Lilly and Co's current Cyclically Adjusted PB Ratio is 88.91, which is 382% above median its own 10-year median of 18.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eli Lilly and Co stock overvalued right now?
Based on GuruFocus' analysis, Eli Lilly and Co (XSWX:LLY) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF1,127.02, compared to a current price of CHF970.00 — trading 13.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 88.91, which is 382% above median its 10-year median of 18.46 and 4705.9% above the Drug Manufacturers industry median of 1.85. Eli Lilly and Co's overall GF Score™ is 100/100 with 6 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 Eli Lilly and Co (XSWX:LLY), the current Cyclically Adjusted PB Ratio is 88.91 as of Jul. 06, 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 Eli Lilly and Co (XSWX:LLY) Overvalued in 2026?

Based on GuruFocus' analysis, Eli Lilly and Co stock appears to be undervalued. The current stock price of CHF970.00 is trading 13.9% below its estimated GF Value™ of CHF1,127.02. GuruFocus considers Eli Lilly and Co to be Modestly Undervalued.

Key valuation signals for XSWX:LLY:

  • Cyclically Adjusted PB Ratio: 88.91 (382% above median its 10-year median of 18.46)
  • GF Value™: CHF1,127.02 vs. price of CHF970.00 (13.9% below fair value)
  • GF Score™: 100/100 with 6 warning signs
  • Industry Position: 4705.9% above the Drug Manufacturers median (#754 of 759)

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


Eli Lilly and Co Business Description

Address Lilly Corporate Center, Indianapolis, IN, USA, 46285
Eli Lilly is a drug firm with a focus on neuroscience, cardiometabolic, cancer, and immunology. Lilly's key products include Verzenio and Jaypirca for cancer; Mounjaro, Zepbound, Foundayo, Jardiance, Trulicity, Humalog, and Humulin for cardiometabolic; and Taltz and Olumiant for immunology.
100GF Score

Get the complete analysis for XSWX:LLY

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

CHF970.00
Price
CHF1,127.02
GF Value