GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Korean Air Lines Co Ltd (XKRX:003490) » Definitions » Cyclically Adjusted PB Ratio

Korean Air Lines Co (XKRX:003490) Cyclically Adjusted PB Ratio : 0.96 (As of Jun. 04, 2025)


View and export this data going back to 1966. Start your Free Trial

What is Korean Air Lines Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Korean Air Lines Co's current share price is ₩22800.00. Korean Air Lines Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩23,786.31. Korean Air Lines Co's Cyclically Adjusted PB Ratio for today is 0.96.

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

XKRX:003490' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.9   Max: 1.47
Current: 0.95

During the past years, Korean Air Lines Co's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.39. And the median was 0.90.

XKRX:003490's Cyclically Adjusted PB Ratio is ranked better than
61.23% of 717 companies
in the Transportation industry
Industry Median: 1.25 vs XKRX:003490: 0.95

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.

Korean Air Lines Co's adjusted book value per share data for the three months ended in Mar. 2025 was ₩28,371.631. 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 ₩23,786.31 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Korean Air Lines Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Korean Air Lines Co'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.

Korean Air Lines Co Cyclically Adjusted PB Ratio Chart

Korean Air Lines Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 1.27 0.98 1.02 0.96

Korean Air Lines Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.92 1.00 0.96 0.96 0.90

Competitive Comparison of Korean Air Lines Co's Cyclically Adjusted PB Ratio

For the Airlines subindustry, Korean Air Lines Co'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.


Korean Air Lines Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Korean Air Lines Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Korean Air Lines Co's Cyclically Adjusted PB Ratio falls into.


;
;

Korean Air Lines Co 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.

Korean Air Lines Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22800.00/23786.31
=0.96

* 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.

Korean Air Lines Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Korean Air Lines Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=28371.631/122.5900*122.5900
=28,371.631

Current CPI (Mar. 2025) = 122.5900.

Korean Air Lines Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 21,270.260 100.051 26,061.998
201509 16,830.822 100.111 20,610.069
201512 20,840.768 100.220 25,492.512
201603 19,153.876 100.561 23,349.768
201606 16,980.549 100.791 20,653.151
201609 19,633.983 101.461 23,722.664
201612 15,358.977 101.561 18,539.119
201703 19,250.968 102.851 22,945.672
201706 0.000 102.611 0.000
201709 20,666.977 103.491 24,481.133
201712 25,723.383 102.991 30,618.555
201803 24,908.870 104.101 29,332.900
201806 22,898.705 104.130 26,958.073
201809 24,647.751 105.651 28,599.654
201812 21,536.091 104.351 25,300.352
201903 20,062.758 104.491 23,537.873
201906 18,569.126 104.881 21,704.516
201909 18,006.880 105.200 20,983.433
201912 18,815.021 105.121 21,941.637
202003 13,541.615 105.354 15,757.004
202006 17,593.623 105.112 20,519.126
202009 14,459.499 106.198 16,691.432
202012 14,616.328 105.765 16,941.416
202103 18,485.695 107.357 21,108.611
202106 18,231.712 107.579 20,775.745
202109 17,987.468 108.759 20,274.917
202112 19,340.014 109.676 21,617.160
202203 20,849.723 111.848 22,852.152
202206 20,753.453 114.072 22,303.099
202209 21,719.341 114.715 23,210.278
202212 24,337.618 115.179 25,903.536
202303 24,159.298 116.507 25,420.603
202306 25,110.218 117.182 26,269.043
202309 26,246.199 118.964 27,046.269
202312 25,777.541 118.837 26,591.601
202403 26,108.044 120.123 26,644.188
202406 27,106.190 120.007 27,689.547
202409 27,766.874 120.861 28,164.052
202412 28,341.321 121.135 28,681.692
202503 28,371.631 122.590 28,371.631

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.


Korean Air Lines Co  (XKRX:003490) 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.


Korean Air Lines Co Cyclically Adjusted PB Ratio Related Terms

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


Korean Air Lines Co Business Description

Traded in Other Exchanges
Address
260 Haneul-gil, Gangseo-gu, Seoul, KOR
Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.

Korean Air Lines Co Headlines

No Headlines