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KB Financial Group (KB Financial Group) PB Ratio : 0.45 (As of Apr. 25, 2024)


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What is KB Financial Group PB Ratio?

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 (2024-04-25), KB Financial Group's share price is $50.00. KB Financial Group's Book Value per Share for the quarter that ended in Sep. 2023 was $111.51. Hence, KB Financial Group's PB Ratio of today is 0.45.

The historical rank and industry rank for KB Financial Group's PB Ratio or its related term are showing as below:

KB' s PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.49   Max: 0.79
Current: 0.47

During the past 13 years, KB Financial Group's highest PB Ratio was 0.79. The lowest was 0.31. And the median was 0.49.

KB's PB Ratio is ranked better than
83.89% of 1459 companies
in the Banks industry
Industry Median: 0.85 vs KB: 0.47

During the past 12 months, KB Financial Group's average Book Value Per Share Growth Rate was 21.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of KB Financial Group was 50.30% per year. The lowest was -0.60% per year. And the median was 7.90% per year.

Back to Basics: PB Ratio


KB Financial Group PB Ratio Historical Data

The historical data trend for KB Financial Group'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.

* Premium members only.

KB Financial Group PB Ratio Chart

KB Financial Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.49 0.40 0.45 0.40

KB Financial Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.34 0.40 0.33 0.33 0.37

Competitive Comparison of KB Financial Group's PB Ratio

For the Banks - Regional subindustry, KB Financial Group'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.


KB Financial Group's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, KB Financial Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where KB Financial Group's PB Ratio falls into.



KB Financial Group 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.

KB Financial Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=50.00/111.507
=0.45

* 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.


KB Financial Group  (NYSE:KB) 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.


KB Financial Group PB Ratio Related Terms

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


KB Financial Group (KB Financial Group) Business Description

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.