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KB Financial Group (FRA:KBIA) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is KB Financial Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


KB Financial Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KB Financial Group's Cyclically Adjusted Price-to-FCF 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.

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KB Financial Group Cyclically Adjusted Price-to-FCF Chart

KB Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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KB Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of KB Financial Group's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, KB Financial Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


KB Financial Group's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, KB Financial Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where KB Financial Group's Cyclically Adjusted Price-to-FCF falls into.



KB Financial Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

KB Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, KB Financial Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0/118.8477*118.8477
=0.000

Current CPI (Mar. 2024) = 118.8477.

KB Financial Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 99.353 0.000
201409 0.000 99.608 0.000
201412 0.000 99.098 0.000
201503 -5.041 99.720 -6.008
201506 4.956 100.050 5.887
201509 2.100 100.110 2.493
201512 1.573 100.220 1.865
201603 -0.851 100.560 -1.006
201606 5.571 100.790 6.569
201609 0.000 101.460 0.000
201612 0.000 101.560 0.000
201703 0.000 102.850 0.000
201706 0.000 102.610 0.000
201709 0.000 103.490 0.000
201712 0.000 102.990 0.000
201803 -12.327 104.100 -14.073
201806 -4.968 104.130 -5.670
201809 -2.256 105.650 -2.538
201812 1.308 104.350 1.490
201903 11.645 104.490 13.245
201906 5.945 104.880 6.737
201909 0.255 105.200 0.288
201912 -1.322 105.120 -1.495
202003 -1.328 105.540 -1.495
202006 -17.239 104.870 -19.537
202009 1.048 106.200 1.173
202012 0.580 105.765 0.652
202103 -7.059 107.357 -7.815
202106 -1.353 107.579 -1.495
202109 2.521 108.759 2.755
202112 1.156 109.676 1.253
202203 -5.866 111.806 -6.235
202206 -1.104 114.083 -1.150
202209 -0.747 114.831 -0.773
202212 16.456 115.200 16.977
202303 -4.235 116.550 -4.319
202306 9.091 117.140 9.224
202309 0.000 119.111 0.000
202312 0.000 118.848 0.000
202403 0.000 118.848 0.000

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


KB Financial Group  (FRA:KBIA) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


KB Financial Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of KB Financial Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


KB Financial Group (FRA:KBIA) Business Description

Industry
Traded in Other Exchanges
Address
26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul, KOR, 07331
KB Financial is the parent company of KB Kookmin Bank, Korea's largest commercial bank, with a 12.8% share of loans as of 2022. Its predecessor banks were established in the 1960s as government policy banks and privatized in the 1990s. Its credit card subsidiary KB Kookmin Card is the number-three player behind Shinhan Card and Samsung Card. KB has in recent years expanded its nonbank business by buying LIG Insurance and Hyundai Securities, making KB a top-five player in nonlife insurance and in securities, and most recently by buying Prudential Life Insurance Korea. It also has KB Capital, which provides leasing and installment finance.

KB Financial Group (FRA:KBIA) Headlines

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