Korea Electric Power (HAM:KOP) Cyclically Adjusted Book per Share: €29.68 (As of Mar. 2026)


HAM:KOP Korea Electric Power Corp HAM:KOP
75 GF Score
Price €10.90
GF Value €6.87
! 3 Warning Signs
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What is Korea Electric Power Cyclically Adjusted Book per Share?

Korea Electric Power HAM:KOP +2.83% 75 Cyclically Adjusted Book per Share is €29.68 as of Mar. 2026. GuruFocus rates HAM:KOP with a GF Score™ of 75/100 and a GF Value™ of €6.87. 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 €22.718. 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 €29.68 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 (2026-07-04), Korea Electric Power's current stock price is €10.90. Korea Electric Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €29.68. Korea Electric Power's Cyclically Adjusted PB Ratio of today is 0.37.

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  (HAM:KOP) 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
=10.90/29.68
=0.37

* 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 0.00 0.00 0.00 0.00 31.31

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 0.00 0.00 0.00 31.31 29.68

HAM:KOP 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.


HAM:KOP
75GF Score
Korea Electric Power Corp HAM:KOP
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)
=22.718/125.2360*125.2360
=22.718

Current CPI (Mar. 2026) = 125.2360.

Korea Electric Power Quarterly Data

Book Value per Share CPI Adj_Book
201606 40.654 100.791 50.514
201609 44.458 101.461 54.876
201612 44.763 101.561 55.198
201703 45.676 102.851 55.617
201706 43.846 102.611 53.514
201709 42.202 103.491 51.070
201712 43.565 102.991 52.975
201803 41.870 104.101 50.371
201806 42.629 104.130 51.269
201809 42.098 105.651 49.902
201812 42.540 104.351 51.054
201903 41.988 104.491 50.324
201906 40.178 104.881 47.976
201909 40.646 105.200 48.387
201912 40.277 105.121 47.984
202003 39.021 105.354 46.385
202006 38.703 105.112 46.113
202009 38.621 106.198 45.545
202012 40.561 105.765 48.028
202103 39.837 107.357 46.471
202106 39.298 107.579 45.748
202109 38.002 108.759 43.759
202112 37.135 109.676 42.403
202203 33.705 111.848 37.739
202206 31.043 114.072 34.081
202209 27.404 114.715 29.917
202212 23.045 115.179 25.057
202303 19.784 116.507 21.266
202306 18.688 117.182 19.972
202309 19.032 118.964 20.035
202312 19.627 118.837 20.684
202403 19.749 120.123 20.590
202406 19.318 120.007 20.160
202409 20.165 120.861 20.895
202412 20.618 121.135 21.316
202503 20.727 122.590 21.174
202506 21.041 122.611 21.491
202509 22.178 123.402 22.508
202512 21.865 123.939 22.094
202603 22.718 125.236 22.718

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 €29.68 mean?
Korea Electric Power (HAM:KOP) has a Cyclically Adjusted Book per Share of €29.68 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 €29.68. Overall, Korea Electric Power has a GF Score™ of 75/100, 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 €29.68 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 €29.68. 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?
Korea Electric Power (HAM:KOP) has a current Cyclically Adjusted Book per Share of €29.68. The stock's GF Value™ is €6.87, compared to a current price of €10.90 — trading 58.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is €29.68. Korea Electric Power's overall GF Score™ is 75/100 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 (HAM:KOP), the current Cyclically Adjusted Book per Share is €29.68 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 (HAM:KOP) Overvalued in 2026?

Based on GuruFocus' analysis, Korea Electric Power stock appears to be overvalued. The current stock price of €10.90 is trading 58.7% above its estimated GF Value™ of €6.87.

Key valuation signals for HAM:KOP:

  • Cyclically Adjusted Book per Share: €29.68
  • GF Value™: €6.87 vs. price of €10.90 (58.7% above fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the HAM:KOP 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.
75GF Score

Get the complete analysis for HAM:KOP

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

€10.90
Price
€6.87
GF Value