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Korea Electric Power (BUE:KEP) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Korea Electric Power Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Korea Electric Power Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Korea Electric Power'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.

* Premium members only.

Korea Electric Power Cyclically Adjusted PB Ratio Chart

Korea Electric Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.27 0.21 0.20 0.17

Korea Electric Power Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.16 0.19 0.16 0.17 -

Competitive Comparison of Korea Electric Power's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Korea Electric Power'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.


Korea Electric Power's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Korea Electric Power's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Korea Electric Power 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.

Korea Electric Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Korea Electric Power's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0/118.8477*118.8477
=0.000

Current CPI (Mar. 2024) = 118.8477.

Korea Electric Power Quarterly Data

Book Value per Share CPI Adj_Book
201406 323.724 99.353 387.244
201409 341.524 99.608 407.491
201412 323.761 99.098 388.285
201503 335.462 99.720 399.808
201506 354.968 100.050 421.660
201509 402.577 100.110 477.928
201512 574.152 100.220 680.869
201603 642.209 100.560 759.000
201606 638.580 100.790 752.989
201609 744.293 101.460 871.846
201612 748.529 101.560 875.945
201703 753.148 102.850 870.296
201706 812.288 102.610 940.830
201709 881.444 103.490 1,012.248
201712 984.455 102.990 1,136.035
201803 1,040.254 104.100 1,187.625
201806 1,242.008 104.130 1,417.553
201809 1,807.659 105.650 2,033.470
201812 1,824.765 104.350 2,078.286
201903 1,854.580 104.490 2,109.413
201906 2,028.388 104.880 2,298.524
201909 2,503.477 105.200 2,828.256
201912 2,674.972 105.120 3,024.299
202003 2,676.229 105.540 3,013.679
202006 2,983.755 104.870 3,381.448
202009 3,377.178 106.200 3,779.377
202012 4,015.649 105.765 4,512.351
202103 4,271.992 107.357 4,729.226
202106 4,485.202 107.579 4,955.037
202109 4,371.617 108.759 4,777.128
202112 4,237.533 109.676 4,591.882
202203 3,985.632 111.806 4,236.660
202206 3,948.666 114.083 4,113.590
202209 3,770.011 114.831 3,901.873
202212 4,092.759 115.200 4,222.345
202303 4,184.583 116.550 4,267.094
202306 4,859.310 117.140 4,930.155
202309 7,107.964 119.111 7,092.240
202312 7,726.557 118.848 7,726.557
202403 0.000 118.848 0.000

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.


Korea Electric Power  (BUE:KEP) 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.


Korea Electric Power Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Korea Electric Power's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Korea Electric Power (BUE:KEP) Business Description

Traded in Other Exchanges
Address
55 Jeollyeok-ro, Jeollanam-do, Naju-si, KOR, 58322
Korea Electric Power Corp is an electric utility company in which the government of South Korea holds a controlling stake. The firm operates in the following segments: Transmission and distribution, Electric power generation (Nuclear), Electric power generation (Non-Nuclear), Plant maintenance & engineering service, and Others. Most of the energy produced by the company comes from its nuclear and coal-fired assets. Korea Electric Power generates revenue primarily through the Transmission and distribution segment.