GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KB Financial Group Inc (MEX:KB) » Definitions » Cyclically Adjusted Revenue per Share

KB Financial Group (MEX:KB) Cyclically Adjusted Revenue per Share : MXN401.73 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is KB Financial Group Cyclically Adjusted Revenue 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 Revenue per Share and 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 for the three months ended in Mar. 2024 was MXN167.817. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN401.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KB Financial Group's average Cyclically Adjusted Revenue Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.50% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of KB Financial Group was 7.90% per year. The lowest was -5.90% per year. And the median was -1.10% per year.

As of today (2024-06-23), KB Financial Group's current stock price is MXN715.82. KB Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN401.73. KB Financial Group's Cyclically Adjusted PS Ratio of today is 1.78.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of KB Financial Group was 2.18. The lowest was 0.90. And the median was 1.42.


KB Financial Group Cyclically Adjusted Revenue per Share Historical Data

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

KB Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 485.19 596.52 531.13 625.45 506.14

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 Revenue 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 654.80 667.65 593.17 506.14 401.73

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

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 Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

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)
=167.817/118.8477*118.8477
=167.817

Current CPI (Mar. 2024) = 118.8477.

KB Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 81.582 99.353 97.590
201409 82.315 99.608 98.214
201412 79.913 99.098 95.839
201503 85.393 99.720 101.773
201506 95.047 100.050 112.905
201509 88.601 100.110 105.185
201512 89.602 100.220 106.256
201603 94.176 100.560 111.303
201606 104.536 100.790 123.265
201609 89.767 101.460 105.151
201612 122.676 101.560 143.558
201703 102.703 102.850 118.678
201706 103.649 102.610 120.051
201709 118.671 103.490 136.282
201712 154.129 102.990 177.861
201803 135.421 104.100 154.606
201806 146.378 104.130 167.067
201809 131.340 105.650 147.747
201812 128.587 104.350 146.452
201903 145.511 104.490 165.505
201906 140.245 104.880 158.923
201909 142.339 105.200 160.805
201912 126.835 105.120 143.398
202003 172.519 105.540 194.272
202006 182.126 104.870 206.401
202009 176.693 106.200 197.736
202012 187.344 105.765 210.517
202103 200.014 107.357 221.422
202106 183.831 107.579 203.088
202109 192.051 108.759 209.866
202112 181.072 109.676 196.214
202203 170.354 111.806 181.083
202206 157.322 114.083 163.893
202209 128.384 114.831 132.874
202212 209.107 115.200 215.728
202303 175.396 116.550 178.854
202306 167.720 117.140 170.165
202309 146.395 119.111 146.071
202312 205.553 118.848 205.553
202403 167.817 118.848 167.817

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


KB Financial Group  (MEX:KB) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=715.82/401.73
=1.78

* 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 PS Ratio of KB Financial Group was 2.18. The lowest was 0.90. And the median was 1.42.


Be Aware

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


KB Financial Group Cyclically Adjusted Revenue per Share Related Terms

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


KB Financial Group (MEX:KB) Business Description

Industry
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.