Evergy (FRA:3E7) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:3E7 Evergy Inc FRA:3E7
85 GF Score
Price €72.00
GF Value €57.75
Valuation Modestly Overvalued
! 13 Warning Signs
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What is Evergy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Evergy  (FRA:3E7) 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

FRA:3E7 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.


FRA:3E7
85GF Score
Evergy Inc FRA:3E7
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 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)
=37.52/333.9520*333.9520
=37.520

Current CPI (Jun. 2026) = 333.9520.

Evergy Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.893 241.428 33.050
201612 25.446 241.432 35.197
201703 25.051 243.801 34.314
201706 23.961 244.955 32.667
201709 23.199 246.819 31.389
201712 23.241 246.524 31.483
201803 22.293 249.554 29.832
201806 34.462 251.989 45.671
201809 34.594 252.439 45.764
201812 34.524 251.233 45.891
201903 34.060 254.202 44.746
201906 33.387 256.143 43.529
201909 34.341 256.759 44.665
201912 34.039 256.974 44.236
202003 34.043 258.115 44.045
202006 33.464 257.797 43.349
202009 32.945 260.280 42.270
202012 31.648 260.474 40.576
202103 32.588 264.877 41.086
202106 32.527 271.696 39.980
202109 34.540 274.310 42.050
202112 35.679 278.802 42.737
202203 36.550 287.504 42.455
202206 38.362 296.311 43.235
202209 42.282 296.808 47.573
202212 39.001 296.797 43.883
202303 38.588 301.836 42.694
202306 38.314 305.109 41.936
202309 39.766 307.789 43.146
202312 38.572 306.746 41.993
202403 38.569 312.332 41.239
202406 39.202 314.175 41.670
202409 39.277 315.301 41.600
202412 41.338 315.605 43.741
202503 39.924 319.799 41.691
202506 37.516 322.561 38.841
202509 38.081 324.800 39.154
202512 37.909 324.054 39.067
202603 38.113 330.213 38.545
202606 37.520 333.952 37.520

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.

Is Evergy (FRA:3E7) Overvalued in 2026?

Based on GuruFocus' analysis, Evergy stock appears to be overvalued. The current stock price of €72.00 is trading 24.7% above its estimated GF Value™ of €57.75. GuruFocus considers Evergy to be Modestly Overvalued.

Key valuation signals for FRA:3E7:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €57.75 vs. price of €72.00 (24.7% above fair value)
  • GF Score™: 85/100 with 13 warning signs

No single metric tells the full story. See the FRA:3E7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evergy Business Description

Other Exchanges EVRG:USA1EVRG:Italy
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.
85GF Score

Get the complete analysis for FRA:3E7

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

€72.00
Price
€57.75
GF Value