Evergy (BSP:E1VR34) Cyclically Adjusted PB Ratio: 1.89 (As of Aug. 23, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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BSP:E1VR34 Evergy Inc BSP:E1VR34
87 GF Score
Price R$217.92
GF Value R$181.38
! 12 Warning Signs
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What is Evergy Cyclically Adjusted PB Ratio?

Evergy BSP:E1VR34 87 Cyclically Adjusted PB Ratio is 1.89 as of Aug. 23, 2026, which is 1% below its 10-year median of 1.91. GuruFocus rates BSP:E1VR34 with a GF Score™ of 87/100 and a GF Value™ of R$181.38. The stock has 12 warning signs investors should review. Among 426 Utilities - Regulated companies, Evergy ranks worse than 60.33% on this metric.

As of today (2026-08-23), Evergy's current share price is R$217.92. Evergy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$115.28. Evergy's Cyclically Adjusted PB Ratio for today is 1.89.

The historical rank and industry rank for Evergy's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:E1VR34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 1.91   Max: 2.54
Current: 1.77

During the past years, Evergy's highest Cyclically Adjusted PB Ratio was 2.54. The lowest was 1.22. And the median was 1.91.

BSP:E1VR34's Cyclically Adjusted PB Ratio is ranked worse than
60.33% of 426 companies
in the Utilities - Regulated industry
Industry Median: 1.55 vs BSP:E1VR34: 1.77

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.

Evergy's adjusted book value per share data for the three months ended in Jun. 2026 was R$113.600. 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 R$115.28 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evergy  (BSP:E1VR34) 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.


Evergy Cyclically Adjusted PB Ratio Related Terms


Evergy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Evergy'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.

Evergy Cyclically Adjusted PB Ratio Chart

Evergy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 1.68 1.31 1.47 1.65

Evergy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.59 1.73 1.65 1.82 1.89

BSP:E1VR34 vs LNT, CMS, PPL: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Evergy'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.


Evergy Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


BSP:E1VR34
87GF Score
Evergy Inc BSP:E1VR34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evergy 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.

Evergy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=217.92/115.28
=1.89

* 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.

Evergy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Evergy's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=113.6/333.9520*333.9520
=113.600

Current CPI (Jun. 2026) = 333.9520.

Evergy Quarterly Data

Book Value per Share CPI Adj_Book
201609 43.618 241.428 60.334
201612 45.013 241.432 62.263
201703 41.897 243.801 57.389
201706 44.360 244.955 60.477
201709 43.308 246.819 58.597
201712 45.312 246.524 61.382
201803 45.067 249.554 60.308
201806 75.910 251.989 100.601
201809 82.927 252.439 109.704
201812 76.262 251.233 101.371
201903 73.907 254.202 97.094
201906 72.729 256.143 94.822
201909 77.900 256.759 101.320
201912 77.619 256.974 100.870
202003 91.902 258.115 118.904
202006 97.761 257.797 126.640
202009 104.772 260.280 134.428
202012 99.038 260.474 126.976
202103 109.307 264.877 137.812
202106 98.532 271.696 121.109
202109 107.258 274.310 130.579
202112 113.991 278.802 136.540
202203 100.157 287.504 116.338
202206 102.347 296.311 115.348
202209 109.758 296.808 123.494
202212 108.357 296.797 121.922
202303 107.596 301.836 119.044
202306 100.738 305.109 110.261
202309 104.797 307.789 113.705
202312 103.050 306.746 112.190
202403 104.385 312.332 111.611
202406 113.641 314.175 120.795
202409 120.703 315.301 127.843
202412 132.043 315.605 139.719
202503 124.262 319.799 129.761
202506 119.985 322.561 124.222
202509 119.853 324.800 123.230
202512 121.089 324.054 124.788
202603 115.212 330.213 116.517
202606 113.600 333.952 113.600

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.

What does a Cyclically Adjusted PB Ratio of 1.89 mean?
Evergy (BSP:E1VR34) has a Cyclically Adjusted PB Ratio of 1.89 as of Aug. 23, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Evergy and its competitors. This is near median its historical median of 1.91. Over the past decade, Evergy's Cyclically Adjusted PB Ratio has ranged from 1.22 to 2.54. According to the industry distribution chart, Evergy ranks #257 out of 426 companies in the Utilities - Regulated industry, placing it in the top 60.3%.
Is Evergy's Cyclically Adjusted PB Ratio too high?
Evergy's current Cyclically Adjusted PB Ratio of 1.89 is near median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 2.54. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.55. Evergy's value of 1.89 is 21.9% above this industry median. Based on the distribution chart, Evergy ranks #257 out of 426 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Evergy has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Evergy's Cyclically Adjusted PB Ratio compare to LNT and CMS?
According to the Utilities - Regulated industry distribution chart, Evergy ranks #257 out of 426 companies for Cyclically Adjusted PB Ratio. This places Evergy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.55. Evergy's value of 1.89 is 21.9% above this benchmark. Historically, Evergy's own Cyclically Adjusted PB Ratio has ranged from 1.22 to 2.54 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.55, Evergy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.55, based on 426 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Evergy's current Cyclically Adjusted PB Ratio of 1.89 is 21.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Evergy and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergy's current Cyclically Adjusted PB Ratio is 1.89, which is near median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergy stock overvalued right now?
Evergy (BSP:E1VR34) has a current Cyclically Adjusted PB Ratio of 1.89. The stock's GF Value™ is R$181.38, compared to a current price of R$217.92 — trading 20.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.89, which is near median its 10-year median of 1.91 and 21.9% above the Utilities - Regulated industry median of 1.55. Evergy's overall GF Score™ is 87/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Evergy (BSP:E1VR34), the current Cyclically Adjusted PB Ratio is 1.89 as of Aug. 23, 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 Evergy (BSP:E1VR34) Overvalued in 2026?

Based on GuruFocus' analysis, Evergy stock appears to be overvalued. The current stock price of R$217.92 is trading 20.1% above its estimated GF Value™ of R$181.38.

Key valuation signals for BSP:E1VR34:

  • Cyclically Adjusted PB Ratio: 1.89 (near median its 10-year median of 1.91)
  • GF Value™: R$181.38 vs. price of R$217.92 (20.1% above fair value)
  • GF Score™: 87/100 with 12 warning signs
  • Industry Position: 21.9% above the Utilities - Regulated median (#257 of 426)

No single metric tells the full story. See the BSP:E1VR34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evergy Business Description

Address 1200 Main Street, Kansas City, MO, USA, 64105
Evergy is a regulated electric utility serving eastern Kansas and western Missouri. Major operating subsidiaries include Evergy Metro, Evergy Kansas Central, Evergy Missouri West, and Evergy Transmission. The utility has a combined rate base of more than $20 billion, about half in Kansas and the rest split between Missouri and interstate transmission. Evergy is one of the largest wind energy suppliers in the US.
87GF Score

Get the complete analysis for BSP:E1VR34

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

R$217.92
Price
R$181.38
GF Value