Evergy (MEX:EVRG) Cyclically Adjusted PB Ratio: (As of Aug. 06, 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.

MEX:EVRG Evergy Inc MEX:EVRG
84 GF Score
Price MXN1,423.85
GF Value MXN1,118.37
! 14 Warning Signs
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What is Evergy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Evergy  (MEX:EVRG) 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 0.00

MEX:EVRG 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.


MEX:EVRG
84GF Score
Evergy Inc MEX:EVRG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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)
=754.254/333.9520*333.9520
=754.254

Current CPI (Jun. 2026) = 333.9520.

Evergy Quarterly Data

Book Value per Share CPI Adj_Book
201609 518.495 241.428 717.201
201612 553.390 241.432 765.457
201703 504.472 243.801 691.012
201706 486.655 244.955 663.466
201709 501.805 246.819 678.954
201712 540.157 246.524 731.720
201803 499.392 249.554 668.284
201806 791.085 251.989 1,048.397
201809 755.051 252.439 998.858
201812 771.185 251.233 1,025.099
201903 746.554 254.202 980.768
201906 724.668 256.143 944.802
201909 746.646 256.759 971.120
201912 713.313 256.974 926.990
202003 882.039 258.115 1,141.192
202006 869.839 257.797 1,126.795
202009 857.230 260.280 1,099.868
202012 765.857 260.474 981.900
202103 793.008 264.877 999.810
202106 780.107 271.696 958.860
202109 835.551 274.310 1,017.221
202112 827.037 278.802 990.634
202203 801.474 287.504 930.957
202206 815.826 296.311 919.462
202209 842.083 296.808 947.465
202212 805.478 296.797 906.313
202303 744.695 301.836 823.932
202306 711.641 305.109 778.915
202309 739.244 307.789 802.082
202312 713.988 306.746 777.313
202403 695.771 312.332 743.933
202406 773.068 314.175 821.732
202409 858.350 315.301 909.124
202412 902.752 315.605 955.231
202503 882.988 319.799 922.065
202506 814.753 322.561 843.525
202509 819.919 324.800 843.022
202512 799.267 324.054 823.680
202603 794.547 330.213 803.544
202606 754.254 333.952 754.254

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 (MEX:EVRG) Overvalued in 2026?

Based on GuruFocus' analysis, Evergy stock appears to be overvalued. The current stock price of MXN1,423.85 is trading 27.3% above its estimated GF Value™ of MXN1,118.37.

Key valuation signals for MEX:EVRG:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN1,118.37 vs. price of MXN1,423.85 (27.3% above fair value)
  • GF Score™: 84/100 with 14 warning signs

No single metric tells the full story. See the MEX:EVRG 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.
84GF Score

Get the complete analysis for MEX:EVRG

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

MXN1,423.85
Price
MXN1,118.37
GF Value