KEP (Korea Electric Power) PB Ratio: 0.46 (As of Jun. 25, 2026) — 44% Above Median


KEP Korea Electric Power Corp KEP
68 GF Score
Price $12.15
GF Value $8.12
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Korea Electric Power PB Ratio?

Korea Electric Power KEP +1.17% 68 PB Ratio is 0.46 as of Jun. 25, 2026, which is 44% above its 10-year median of 0.32. GuruFocus rates KEP with a GF Score™ of 68/100 and a GF Value™ of $8.12 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 502 Utilities - Regulated companies, Korea Electric Power ranks better than 88.25% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-25), Korea Electric Power's share price is $12.15. Korea Electric Power's Book Value per Share for the quarter that ended in Mar. 2026 was $26.26. Hence, Korea Electric Power's PB Ratio of today is 0.46.

Good Sign:

Korea Electric Power Corp stock PB Ratio (=0.47) is close to 1-year low of 0.47.

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

KEP' s PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.32   Max: 0.84
Current: 0.47

During the past 13 years, Korea Electric Power's highest PB Ratio was 0.84. The lowest was 0.16. And the median was 0.32.

KEP's PB Ratio is ranked better than
88.25% of 502 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs KEP: 0.47

During the past 12 months, Korea Electric Power's average Book Value Per Share Growth Rate was 19.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Korea Electric Power was 11.50% per year. The lowest was -19.70% per year. And the median was 1.30% per year.

Back to Basics: PB Ratio


Korea Electric Power  (NYSE:KEP) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Korea Electric Power PB Ratio Related Terms


Korea Electric Power PB Ratio Historical Data

* Premium members only.

The historical data trend for Korea Electric Power's 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.

Korea Electric Power PB Ratio Chart

Korea Electric Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.35 0.34 0.32 0.64

Korea Electric Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.33 0.59 0.50 0.64 0.54

KEP vs NEE, SO, DUK: PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Korea Electric Power's PB Ratio, along with its competitors' market caps and 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 PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Korea Electric Power's PB Ratio distribution charts can be found below:

* The bar in red indicates where Korea Electric Power's PB Ratio falls into.


KEP
68GF Score
Korea Electric Power Corp KEP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Korea Electric Power PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Korea Electric Power's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=12.15/26.263
=0.46

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.46 mean?
Korea Electric Power (KEP) has a PB Ratio of 0.46 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Korea Electric Power and its competitors. This is 44% above median its historical median of 0.32. Over the past decade, Korea Electric Power's PB Ratio has ranged from 0.16 to 0.84. According to the industry distribution chart, Korea Electric Power ranks #59 out of 502 companies in the Utilities - Regulated industry, placing it in the top 11.8%.
Is Korea Electric Power's PB Ratio too high?
Korea Electric Power's current PB Ratio of 0.46 is 44% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.84. The Utilities - Regulated industry median PB Ratio is 1.43. Korea Electric Power's value of 0.46 is 67.8% below this industry median. Based on the distribution chart, Korea Electric Power ranks #59 out of 502 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Korea Electric Power has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Korea Electric Power's PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Korea Electric Power ranks #59 out of 502 companies for PB Ratio. This places Korea Electric Power in the top 12% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.43. Korea Electric Power's value of 0.46 is 67.8% below this benchmark. Historically, Korea Electric Power's own PB Ratio has ranged from 0.16 to 0.84 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 1.43, Korea Electric Power has consistently been below 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 PB Ratio for an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.43, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Korea Electric Power's current PB Ratio of 0.46 is 67.8% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Korea Electric Power and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korea Electric Power's current PB Ratio is 0.46, which is 44% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korea Electric Power stock overvalued right now?
Based on GuruFocus' analysis, Korea Electric Power (KEP) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.12, compared to a current price of $12.15 — trading 49.6% above its estimated fair value. The current PB Ratio is 0.46, which is 44% above median its 10-year median of 0.32 and 67.8% below the Utilities - Regulated industry median of 1.43. Korea Electric Power's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Korea Electric Power (KEP), the current PB Ratio is 0.46 as of Jun. 25, 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 Korea Electric Power (KEP) Overvalued in 2026?

Based on GuruFocus' analysis, Korea Electric Power stock appears to be overvalued. The current stock price of $12.15 is trading 49.6% above its estimated GF Value™ of $8.12. GuruFocus considers Korea Electric Power to be Significantly Overvalued.

Key valuation signals for KEP:

  • PB Ratio: 0.46 (44% above median its 10-year median of 0.32)
  • GF Value™: $8.12 vs. price of $12.15 (49.6% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 67.8% below the Utilities - Regulated median (#59 of 502)

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


Korea Electric Power Business Description

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. The majority of the energy produced by the company comes from its nuclear and coal-fired assets. Korea Electric Power generates revenue through the Transmission and distribution segment. Geographically, it derives maximum revenue from Domestic operations.
68GF Score

Get the complete analysis for KEP

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

$12.15
Price
$8.12
GF Value