Korea Electric Power (BUE:KEP) Cyclically Adjusted Book per Share: ARS52,182.09 (As of Mar. 2026)

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BUE:KEP Korea Electric Power Corp BUE:KEP
51 GF Score
Price ARS18,280.00
GF Value ARS12,253.19
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Korea Electric Power Cyclically Adjusted Book per Share?

Korea Electric Power BUE:KEP -5.68% 51 Cyclically Adjusted Book per Share is ARS52,182.09 as of Mar. 2026. GuruFocus rates BUE:KEP with a GF Score™ of 51/100 and a GF Value™ of ARS12,253.19 (Significantly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Korea Electric Power's adjusted book value per share for the three months ended in Mar. 2026 was ARS36,722.231. 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 ARS52,182.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Korea Electric Power's average Cyclically Adjusted Book Growth Rate was -2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Korea Electric Power was 5.30% per year. The lowest was -1.50% per year. And the median was 3.10% per year.

As of today (2026-07-14), Korea Electric Power's current stock price is ARS18280.00. Korea Electric Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ARS52,182.09. Korea Electric Power's Cyclically Adjusted PB Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Korea Electric Power was 0.72. The lowest was 0.15. And the median was 0.25.


Korea Electric Power  (BUE:KEP) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Korea Electric Power's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18280.00/52182.09
=0.35

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Korea Electric Power was 0.72. The lowest was 0.15. And the median was 0.25.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Korea Electric Power Cyclically Adjusted Book per Share Related Terms


Korea Electric Power Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Korea Electric Power's Cyclically Adjusted Book per Share 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.

Korea Electric Power Cyclically Adjusted Book per Share Chart

Korea Electric Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,694.79 12,599.01 40,226.61 43,196.39 56,405.81

Korea Electric Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 47,897.99 46,614.14 57,965.71 56,405.81 52,182.09

BUE:KEP vs NEE, SO, DUK: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


BUE:KEP
51GF Score
Korea Electric Power Corp BUE:KEP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Korea Electric Power Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Korea Electric Power'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)
=36722.231/125.2360*125.2360
=36,722.231

Current CPI (Mar. 2026) = 125.2360.

Korea Electric Power Quarterly Data

Book Value per Share CPI Adj_Book
201606 638.581 100.791 793.459
201609 744.294 101.461 918.700
201612 748.530 101.561 923.018
201703 753.149 102.851 917.072
201706 812.289 102.611 991.390
201709 881.445 103.491 1,066.655
201712 984.457 102.991 1,197.092
201803 1,040.256 104.101 1,251.455
201806 1,242.010 104.130 1,493.747
201809 1,807.662 105.651 2,142.767
201812 1,824.768 104.351 2,189.987
201903 1,854.583 104.491 2,222.783
201906 2,028.391 104.881 2,422.058
201909 2,503.480 105.200 2,980.275
201912 2,674.976 105.121 3,186.826
202003 2,676.233 105.354 3,181.275
202006 2,983.760 105.112 3,555.016
202009 3,377.183 106.198 3,982.622
202012 4,015.655 105.765 4,754.906
202103 4,271.999 107.357 4,983.439
202106 4,485.209 107.579 5,221.388
202109 4,371.624 108.759 5,033.916
202112 4,237.540 109.676 4,838.712
202203 3,985.638 111.848 4,462.712
202206 3,948.673 114.072 4,335.110
202209 3,770.016 114.715 4,115.769
202212 4,092.766 115.179 4,450.123
202303 4,184.590 116.507 4,498.095
202306 4,859.317 117.182 5,193.297
202309 7,107.975 118.964 7,482.746
202312 7,726.569 118.837 8,142.614
202403 18,085.293 120.123 18,855.057
202406 18,621.461 120.007 19,432.795
202409 21,272.580 120.861 22,042.581
202412 21,805.091 121.135 22,543.261
202503 23,887.542 122.590 24,403.134
202506 28,812.252 122.611 29,429.074
202509 35,350.379 123.402 35,875.843
202512 37,162.620 123.939 37,551.429
202603 36,722.231 125.236 36,722.231

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ARS52,182.09 mean?
Korea Electric Power (BUE:KEP) has a Cyclically Adjusted Book per Share of ARS52,182.09 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Korea Electric Power and its competitors.
Is Korea Electric Power's Cyclically Adjusted Book per Share too high?
Korea Electric Power's current Cyclically Adjusted Book per Share is ARS52,182.09. Overall, Korea Electric Power has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Korea Electric Power's Cyclically Adjusted Book per Share compare to NEE and SO?
Korea Electric Power's Cyclically Adjusted Book per Share of ARS52,182.09 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Korea Electric Power and its competitors. Korea Electric Power's current Cyclically Adjusted Book per Share is ARS52,182.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korea Electric Power stock overvalued right now?
Based on GuruFocus' analysis, Korea Electric Power (BUE:KEP) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS12,253.19, compared to a current price of ARS18,280.00 — trading 49.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is ARS52,182.09. Korea Electric Power's overall GF Score™ is 51/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Korea Electric Power (BUE:KEP), the current Cyclically Adjusted Book per Share is ARS52,182.09 as of Mar. 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 Korea Electric Power (BUE:KEP) Overvalued in 2026?

Based on GuruFocus' analysis, Korea Electric Power stock appears to be overvalued. The current stock price of ARS18,280.00 is trading 49.2% above its estimated GF Value™ of ARS12,253.19. GuruFocus considers Korea Electric Power to be Significantly Overvalued.

Key valuation signals for BUE:KEP:

  • Cyclically Adjusted Book per Share: ARS52,182.09
  • GF Value™: ARS12,253.19 vs. price of ARS18,280.00 (49.2% above fair value)
  • GF Score™: 51/100 with 3 warning signs

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


Korea Electric Power Business Description

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. The majority of the energy produced by the company comes from its nuclear and coal-fired assets. Korea Electric Power generates revenue through the Transmission and distribution segment. Geographically, it derives maximum revenue from Domestic operations.
51GF Score

Get the complete analysis for BUE:KEP

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

ARS18,280.00
Price
ARS12,253.19
GF Value