Eli Lilly and Co (FRA:LLY) Shiller PE Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:LLY Eli Lilly and Co FRA:LLY
96 GF Score
Price €1,002.20
GF Value €1,338.61
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Eli Lilly and Co Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eli Lilly and Co  (FRA:LLY) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Eli Lilly and Co Shiller PE Ratio Related Terms


Eli Lilly and Co Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Eli Lilly and Co's Shiller PE 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 Shiller PE Ratio Chart

Eli Lilly and Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.42 88.79 128.73 147.54 132.02

Eli Lilly and Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 111.45 101.80 132.71 102.92 126.66

FRA:LLY vs JNJ, ABBV, MRK: Shiller PE Ratio Comparison

For the Drug Manufacturers - General subindustry, Eli Lilly and Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Drug Manufacturers Industry

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

* The bar in red indicates where Eli Lilly and Co's Shiller PE Ratio falls into.


FRA:LLY
96GF Score
Eli Lilly and Co FRA:LLY
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eli Lilly and Co Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Eli Lilly and Co's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Eli Lilly and Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6.8279/333.9520*333.9520
=6.828

Current CPI (Jun. 2026) = 333.9520.

Eli Lilly and Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.654 241.428 0.905
201612 0.650 241.432 0.899
201703 -0.094 243.801 -0.128
201706 0.863 244.955 1.177
201709 0.452 246.819 0.611
201712 -1.279 246.524 -1.733
201803 0.905 249.554 1.211
201806 -0.185 251.989 -0.245
201809 0.916 252.439 1.212
201812 0.930 251.233 1.236
201903 0.502 254.202 0.660
201906 1.282 256.143 1.671
201909 1.228 256.759 1.597
201912 1.477 256.974 1.919
202003 1.450 258.115 1.876
202006 1.408 257.797 1.823
202009 1.135 260.280 1.456
202012 1.946 260.474 2.494
202103 1.233 264.877 1.555
202106 1.268 271.696 1.558
202109 1.034 274.310 1.259
202112 1.660 278.802 1.989
202203 1.871 287.504 2.174
202206 0.990 296.311 1.116
202209 1.595 296.808 1.794
202212 2.001 296.797 2.251
202303 1.388 301.836 1.535
202306 1.795 305.109 1.964
202309 -0.059 307.789 -0.064
202312 2.145 306.746 2.335
202403 2.287 312.332 2.445
202406 3.048 314.175 3.240
202409 0.976 315.301 1.034
202412 4.363 315.605 4.617
202503 2.911 319.799 3.040
202506 5.551 322.561 5.747
202509 5.315 324.800 5.465
202512 6.035 324.054 6.219
202603 7.056 330.213 7.136
202606 6.828 333.952 6.828

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Is Eli Lilly and Co (FRA:LLY) Overvalued in 2026?

Based on GuruFocus' analysis, Eli Lilly and Co stock appears to be undervalued. The current stock price of €1,002.20 is trading 25.1% below its estimated GF Value™ of €1,338.61. GuruFocus considers Eli Lilly and Co to be Modestly Undervalued.

Key valuation signals for FRA:LLY:

  • Shiller PE Ratio:
  • GF Value™: €1,338.61 vs. price of €1,002.20 (25.1% below fair value)
  • GF Score™: 96/100 with 2 warning signs

No single metric tells the full story. See the FRA: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.
96GF Score

Get the complete analysis for FRA:LLY

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

€1,002.20
Price
€1,338.61
GF Value