Is Evergy, Inc. overvalued or undervalued?

As of 8 May 2025, the valuation grade for Evergy, Inc. has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 18, a Price to Book Value of 1.51, and an EV to EBITDA of 11.09.
In comparison to its peers, Evergy's P/E ratio is slightly higher than Vistra Corp., which has a P/E of 17.23, but lower than Ameren Corp., which stands at 21.78. The PEG ratio for Evergy is 1.05, indicating a reasonable growth expectation relative to its earnings. Notably, Evergy has outperformed the S&P 500 over the past year with a return of 30.02% compared to the S&P's 10.26%, reinforcing its fair valuation status.