A muti-lamellar emulsion containing a pseudoceramide, N-Ethanol-2-myristyl/ palmityl-3-oxostearmide/arachidamide(PC-9) has been prepared and its efficacy evaluation has been investigated. In order to prepare a muti-lamellar emulsion, first, the gram ratios of PC-9, fatty acid and cholesterol on the phase diagram to be capable of forming their lamellar liquid crystal structures were determined and secondly, the multi-lamellar emulsion was preprared using glyceryl monostearate and polyoxyethylene glyceryl monosteartate as emulsifers together with above mentioned pseudo-stratum corneum lipid components. Besides natural oils such as olive oil had a tendency to build up the multi-lamellar emulsion. And according as the amount of oil increased in the emulsion, it was observed that the optical anisotropy of “Maltese Cross” which was a typical configuration of multi-lamella mesophase texture diminished. In the dried state of the multi-lamella emulsion, it was examined to transform its emulsion phase into a lamella liquid crystal one. And finally, when the emulsion was applied into a human skin, it was investigated that it had effectiveness in reducing transepidermal water loss (TEWL) of the skin.