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KB Financial Group (BUE:KB) Cyclically Adjusted PS Ratio : 2.18 (As of Jun. 19, 2024)


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What is KB Financial Group Cyclically Adjusted PS Ratio?

As of today (2024-06-19), KB Financial Group's current share price is ARS36389.00. KB Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS16,710.70. KB Financial Group's Cyclically Adjusted PS Ratio for today is 2.18.

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

BUE:KB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.42   Max: 2.18
Current: 1.98

During the past years, KB Financial Group's highest Cyclically Adjusted PS Ratio was 2.18. The lowest was 0.90. And the median was 1.42.

BUE:KB's Cyclically Adjusted PS Ratio is ranked better than
61.04% of 1196 companies
in the Banks industry
Industry Median: 2.325 vs BUE:KB: 1.98

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

KB Financial Group's adjusted revenue per share data for the three months ended in Mar. 2024 was ARS17,038.276. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ARS16,710.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KB Financial Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for KB Financial Group's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

KB Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 1.43 1.70 1.39 1.41

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
Cyclically Adjusted PS 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 1.32 1.30 1.46 1.41 1.78

Competitive Comparison of KB Financial Group's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, KB Financial Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Banks Industry

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

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



KB Financial Group Cyclically Adjusted PS Ratio Calculation

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

KB Financial Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36389.00/16710.7
=2.18

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=17038.276/118.8477*118.8477
=17,038.276

Current CPI (Mar. 2024) = 118.8477.

KB Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 102.217 99.353 122.274
201409 103.226 99.608 123.165
201412 92.656 99.098 111.122
201503 98.805 99.720 117.757
201506 110.087 100.050 130.770
201509 98.598 100.110 117.053
201512 134.891 100.220 159.963
201603 159.795 100.560 188.855
201606 158.043 100.790 186.358
201609 138.504 101.460 162.240
201612 188.652 101.560 220.765
201703 168.185 102.850 194.345
201706 189.088 102.610 219.011
201709 229.175 103.490 263.184
201712 299.711 102.990 345.858
201803 300.380 104.100 342.934
201806 371.579 104.130 424.098
201809 516.781 105.650 581.337
201812 493.849 104.350 562.461
201903 586.452 104.490 667.035
201906 652.408 104.880 739.294
201909 806.450 105.200 911.072
201912 803.967 105.120 908.958
202003 913.352 105.540 1,028.518
202006 1,080.349 104.870 1,224.344
202009 1,187.607 106.200 1,329.043
202012 1,532.882 105.765 1,722.487
202103 1,762.857 107.357 1,951.537
202106 1,749.655 107.579 1,932.935
202109 1,826.552 108.759 1,995.983
202112 1,782.829 109.676 1,931.912
202203 1,837.303 111.806 1,953.022
202206 1,881.951 114.083 1,960.555
202209 1,773.698 114.831 1,835.736
202212 3,596.303 115.200 3,710.170
202303 3,844.605 116.550 3,920.412
202306 4,695.873 117.140 4,764.335
202309 5,882.226 119.111 5,869.213
202312 8,743.206 118.848 8,743.206
202403 17,038.276 118.848 17,038.276

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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  (BUE:KB) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


KB Financial Group Cyclically Adjusted PS Ratio Related Terms

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


KB Financial Group (BUE:KB) 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.