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Evergy (BSP:E1VR34) Cyclically Adjusted PB Ratio : 1.39 (As of May. 28, 2024)


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What is Evergy Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Evergy's current share price is R$134.93. Evergy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$97.01. Evergy's Cyclically Adjusted PB Ratio for today is 1.39.

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

BSP:E1VR34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 1.91   Max: 2.54
Current: 1.31

During the past years, Evergy's highest Cyclically Adjusted PB Ratio was 2.54. The lowest was 1.22. And the median was 1.91.

BSP:E1VR34's Cyclically Adjusted PB Ratio is ranked better than
53.9% of 449 companies
in the Utilities - Regulated industry
Industry Median: 1.42 vs BSP:E1VR34: 1.31

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. 2024 was R$104.385. 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 R$97.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evergy Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Evergy Cyclically Adjusted PB Ratio Chart

Evergy 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 2.27 1.82 2.02 1.68 1.31

Evergy 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 1.60 1.50 1.28 1.31 1.31

Competitive Comparison of Evergy's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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
=134.93/97.01
=1.39

* 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. 2024 is calculated as:

For example, Evergy'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)
=104.385/131.7762*131.7762
=104.385

Current CPI (Mar. 2024) = 131.7762.

Evergy Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.990 100.560 35.369
201409 29.210 100.428 38.328
201412 33.051 99.070 43.962
201503 39.311 99.621 52.000
201506 39.391 100.684 51.555
201509 50.607 100.392 66.428
201512 50.197 99.792 66.285
201603 47.931 100.470 62.866
201606 44.639 101.688 57.847
201609 43.618 101.861 56.428
201612 45.013 101.863 58.232
201703 41.897 102.862 53.674
201706 44.360 103.349 56.562
201709 43.308 104.136 54.803
201712 45.312 104.011 57.408
201803 45.067 105.290 56.404
201806 75.910 106.317 94.088
201809 82.927 106.507 102.602
201812 76.262 105.998 94.809
201903 73.907 107.251 90.808
201906 72.729 108.070 88.683
201909 77.900 108.329 94.761
201912 77.619 108.420 94.340
202003 91.902 108.902 111.206
202006 97.761 108.767 118.442
202009 104.772 109.815 125.725
202012 99.038 109.897 118.756
202103 109.307 111.754 128.890
202106 98.532 114.631 113.269
202109 107.258 115.734 122.125
202112 113.991 117.630 127.700
202203 100.157 121.301 108.806
202206 102.347 125.017 107.881
202209 109.758 125.227 115.499
202212 108.357 125.222 114.029
202303 107.596 127.348 111.338
202306 100.738 128.729 103.123
202309 104.797 129.860 106.344
202312 103.050 129.419 104.927
202403 104.385 131.776 104.385

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.


Evergy  (BSP:E1VR34) 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

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


Evergy (BSP:E1VR34) Business Description

Traded in Other Exchanges
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 Co. The utility has a combined rate base of approximately $19 billion, about half in Kansas and the rest split between Missouri and federal jurisdiction. Evergy is one of the largest wind energy suppliers in the U.S.

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