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KB (KB Financial Group) Cyclically Adjusted Book per Share : $80.84 (As of Dec. 2024)


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What is KB Financial Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

KB Financial Group's adjusted book value per share for the three months ended in Dec. 2024 was $107.603. 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 $80.84 for the trailing ten years ended in Dec. 2024.

During the past 12 months, KB Financial Group's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of KB Financial Group was 10.30% per year. The lowest was 5.10% per year. And the median was 6.80% per year.

As of today (2025-05-11), KB Financial Group's current stock price is $66.02. KB Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $80.84. KB Financial Group's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KB Financial Group was 0.97. The lowest was 0.40. And the median was 0.61.


KB Financial Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for KB Financial Group's Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share Chart

KB Financial Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.91 74.80 78.77 83.19 80.84

KB Financial Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Book per Share 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 83.19 83.66 81.69 88.40 80.84

Competitive Comparison of KB Financial Group's Cyclically Adjusted Book per Share

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


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

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

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


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KB Financial Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, KB Financial Group's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=107.603/121.1352*121.1352
=107.603

Current CPI (Dec. 2024) = 121.1352.

KB Financial Group Quarterly Data

Book Value per Share CPI Adj_Book
201503 64.491 99.721 78.340
201506 65.095 100.051 78.813
201509 62.009 100.111 75.032
201512 63.451 100.220 76.692
201603 63.967 100.561 77.054
201606 66.771 100.791 80.249
201609 71.885 101.461 85.824
201612 65.785 101.561 78.464
201703 69.665 102.851 82.050
201706 72.630 102.611 85.742
201709 74.312 103.491 86.982
201712 78.772 102.991 92.650
201803 79.312 104.101 92.290
201806 79.764 104.130 92.790
201809 80.189 105.651 91.942
201812 80.419 104.351 93.354
201903 80.592 104.491 93.429
201906 81.322 104.881 93.925
201909 82.006 105.200 94.428
201912 84.189 105.121 97.014
202003 80.531 105.354 92.594
202006 84.132 105.112 96.957
202009 89.874 106.198 102.516
202012 99.828 105.765 114.335
202103 98.028 107.357 110.609
202106 102.480 107.579 115.394
202109 102.805 108.759 114.503
202112 105.212 109.676 116.204
202203 99.350 111.848 107.599
202206 94.617 114.072 100.475
202209 87.793 114.715 92.706
202212 104.209 115.179 109.598
202303 108.717 116.507 113.035
202306 111.684 117.182 115.452
202309 111.507 118.964 113.542
202312 114.779 118.837 116.999
202403 112.094 120.123 113.038
202406 109.273 120.007 110.300
202409 115.444 120.861 115.706
202412 107.603 121.135 107.603

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


KB Financial Group  (NYSE:KB) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

KB Financial Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=66.02/80.84
=0.82

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KB Financial Group was 0.97. The lowest was 0.40. And the median was 0.61.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


KB Financial Group Cyclically Adjusted Book per Share Related Terms

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


KB Financial Group Business Description

Industry
Address
26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul, KOR, 07331
KB Financial Group Inc is a financial holding company in Korea. The company operations include Kookmin Bank, one of the commercial banks in Korea. The company's subsidiaries collectively engage in a broad range of businesses, including commercial banking, credit cards, asset management, non-life and life insurance, capital markets activities, and international banking and finance. The company's segment includes the Banking business, Securities business, Non-life Insurance business, Credit card business, and life Insurance business. The Group generates the majority of its revenue from the Banking business.