Evergy (MEX:EVRG) Cyclically Adjusted PB Ratio: 1.82 (As of Jul. 23, 2026) — Near Median

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MEX:EVRG Evergy Inc MEX:EVRG
84 GF Score
Price MXN1,423.85
GF Value MXN1,071.51
! 14 Warning Signs
View Full Analysis

What is Evergy Cyclically Adjusted PB Ratio?

Evergy MEX:EVRG 84 Cyclically Adjusted PB Ratio is 1.82 as of Jul. 23, 2026, which is 5% below its 10-year median of 1.92. GuruFocus rates MEX:EVRG with a GF Score™ of 84/100 and a GF Value™ of MXN1,071.51. The stock has 14 warning signs investors should review. Among 440 Utilities - Regulated companies, Evergy ranks worse than 63.86% on this metric.

As of today (2026-07-23), Evergy's current share price is MXN1423.85. Evergy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN782.14. Evergy's Cyclically Adjusted PB Ratio for today is 1.82.

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

MEX:EVRG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 1.92   Max: 2.54
Current: 1.92

During the past years, Evergy's highest Cyclically Adjusted PB Ratio was 2.54. The lowest was 1.22. And the median was 1.92.

MEX:EVRG's Cyclically Adjusted PB Ratio is ranked worse than
63.86% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.535 vs MEX:EVRG: 1.92

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 Mar. 2026 was MXN794.547. 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 MXN782.14 for the trailing ten years ended in Mar. 2026.

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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.61 1.59 1.73 1.65 1.82

MEX:EVRG vs LNT, CMS, PNW: 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.
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
=1423.85/782.14
=1.82

* 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 Mar. 2026 is calculated as:

For example, Evergy'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)
=794.547/330.2130*330.2130
=794.547

Current CPI (Mar. 2026) = 330.2130.

Evergy Quarterly Data

Book Value per Share CPI Adj_Book
201606 482.289 241.018 660.773
201609 518.495 241.428 709.171
201612 553.390 241.432 756.886
201703 504.472 243.801 683.275
201706 486.655 244.955 656.038
201709 501.805 246.819 671.352
201712 540.157 246.524 723.527
201803 499.392 249.554 660.802
201806 791.085 251.989 1,036.659
201809 755.051 252.439 987.675
201812 771.185 251.233 1,013.622
201903 746.554 254.202 969.787
201906 724.668 256.143 934.223
201909 746.646 256.759 960.248
201912 713.313 256.974 916.611
202003 882.039 258.115 1,128.415
202006 869.839 257.797 1,114.180
202009 857.230 260.280 1,087.554
202012 765.857 260.474 970.907
202103 793.008 264.877 988.616
202106 780.107 271.696 948.124
202109 835.551 274.310 1,005.832
202112 827.037 278.802 979.542
202203 801.474 287.504 920.534
202206 815.826 296.311 909.168
202209 842.083 296.808 936.857
202212 805.478 296.797 896.166
202303 744.695 301.836 814.707
202306 711.641 305.109 770.194
202309 739.244 307.789 793.102
202312 713.988 306.746 768.610
202403 695.771 312.332 735.604
202406 773.068 314.175 812.532
202409 858.350 315.301 898.945
202412 902.752 315.605 944.537
202503 882.988 319.799 911.742
202506 814.753 322.561 834.081
202509 819.919 324.800 833.583
202512 799.267 324.054 814.458
202603 794.547 330.213 794.547

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 1.82 mean?
Evergy (MEX:EVRG) has a Cyclically Adjusted PB Ratio of 1.82 as of Jul. 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 1.92. 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 #281 out of 440 companies in the Utilities - Regulated industry, placing it in the top 63.9%.
Is Evergy's Cyclically Adjusted PB Ratio too high?
Evergy's current Cyclically Adjusted PB Ratio of 1.82 is near median its 10-year median of 1.92. 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 1.54. Evergy's value of 1.82 is 18.6% above this industry median. Based on the distribution chart, Evergy ranks #281 out of 440 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Evergy has a GF Score™ of 84/100, 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 #281 out of 440 companies for Cyclically Adjusted PB Ratio. This places Evergy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Evergy's value of 1.82 is 18.6% 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 1.92 vs. the industry median of 1.54, 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 1.54, based on 440 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 1.82 is 18.6% 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 1.54 — 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 1.82, which is near median its own 10-year median of 1.92. 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 (MEX:EVRG) has a current Cyclically Adjusted PB Ratio of 1.82. The stock's GF Value™ is MXN1,071.51, compared to a current price of MXN1,423.85 — trading 32.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.82, which is near median its 10-year median of 1.92 and 18.6% above the Utilities - Regulated industry median of 1.54. Evergy's overall GF Score™ is 84/100 with 14 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 (MEX:EVRG), the current Cyclically Adjusted PB Ratio is 1.82 as of Jul. 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 (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 32.9% above its estimated GF Value™ of MXN1,071.51.

Key valuation signals for MEX:EVRG:

  • Cyclically Adjusted PB Ratio: 1.82 (near median its 10-year median of 1.92)
  • GF Value™: MXN1,071.51 vs. price of MXN1,423.85 (32.9% above fair value)
  • GF Score™: 84/100 with 14 warning signs
  • Industry Position: 18.6% above the Utilities - Regulated median (#281 of 440)

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
MXN1,071.51
GF Value