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Korea Electric Power (STU:KOP) Cyclically Adjusted PB Ratio : 0.18 (As of Jun. 16, 2024)


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What is Korea Electric Power Cyclically Adjusted PB Ratio?

As of today (2024-06-16), Korea Electric Power's current share price is €6.60. Korea Electric Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €37.07. Korea Electric Power's Cyclically Adjusted PB Ratio for today is 0.18.

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

STU:KOP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.32   Max: 0.75
Current: 0.18

During the past years, Korea Electric Power's highest Cyclically Adjusted PB Ratio was 0.75. The lowest was 0.15. And the median was 0.32.

STU:KOP's Cyclically Adjusted PB Ratio is ranked better than
96.06% of 457 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs STU:KOP: 0.18

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 adjusted book value per share data for the three months ended in Mar. 2024 was €19.749. 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 €37.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Korea Electric Power Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Korea Electric Power'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.

* Premium members only.

Korea Electric Power Cyclically Adjusted PB Ratio Chart

Korea Electric Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.27 0.21 0.20 0.17

Korea Electric Power Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.16 0.19 0.16 0.17 0.21

Competitive Comparison of Korea Electric Power's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



Korea Electric Power 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.

Korea Electric Power's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.60/37.07
=0.18

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Korea Electric Power's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=19.749/118.8477*118.8477
=19.749

Current CPI (Mar. 2024) = 118.8477.

Korea Electric Power Quarterly Data

Book Value per Share CPI Adj_Book
201406 29.324 99.353 35.078
201409 31.479 99.608 37.559
201412 30.706 99.098 36.826
201503 35.145 99.720 41.886
201506 34.807 100.050 41.347
201509 38.150 100.110 45.291
201512 40.722 100.220 48.291
201603 39.489 100.560 46.670
201606 40.654 100.790 47.938
201609 44.458 101.460 52.077
201612 44.763 101.560 52.383
201703 45.676 102.850 52.781
201706 43.846 102.610 50.784
201709 42.202 103.490 48.465
201712 43.565 102.990 50.273
201803 41.870 104.100 47.802
201806 42.629 104.130 48.654
201809 42.098 105.650 47.357
201812 42.540 104.350 48.450
201903 41.988 104.490 47.757
201906 40.178 104.880 45.529
201909 40.646 105.200 45.919
201912 40.277 105.120 45.537
202003 39.021 105.540 43.941
202006 38.703 104.870 43.862
202009 38.621 106.200 43.220
202012 40.561 105.765 45.578
202103 39.837 107.357 44.101
202106 39.298 107.579 43.415
202109 38.002 108.759 41.527
202112 37.135 109.676 40.240
202203 33.705 111.806 35.828
202206 31.043 114.083 32.340
202209 27.403 114.831 28.361
202212 23.045 115.200 23.775
202303 19.784 116.550 20.174
202306 18.688 117.140 18.960
202309 19.032 119.111 18.990
202312 19.627 118.848 19.627
202403 19.749 118.848 19.749

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.


Korea Electric Power  (STU:KOP) 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.


Korea Electric Power Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Korea Electric Power's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Korea Electric Power (STU:KOP) Business Description

Traded in Other Exchanges
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. Most of the energy produced by the company comes from its nuclear and coal-fired assets. Korea Electric Power generates revenue primarily through the Transmission and distribution segment.