KB Financial Group (KB Financial Group) Price-to-Tangible-Book

: 0.47 (As of Today)

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As of today (2024-04-23), KB Financial Group's share price is $50.83. KB Financial Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $107.61. Hence, KB Financial Group's Price to Tangible Book Ratio of today is 0.47.

The historical rank and industry rank for KB Financial Group's Price-to-Tangible-Book or its related term are showing as below:

KB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.34 Med: 0.52 Max: 0.81
Current: 0.49

During the past 13 years, KB Financial Group's highest Price to Tangible Book Ratio was 0.81. The lowest was 0.34. And the median was 0.52.

KB's Price-to-Tangible-Book is ranked better than
83.82% of 1440 companies
in the Banks industry
Industry Median: 0.92 vs KB: 0.49

A closely related ratio is called PB Ratio. As of today, KB Financial Group's share price is $50.83. KB Financial Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was $111.51. Hence, KB Financial Group's P/B Ratio of today is 0.46.

KB Financial Group Price-to-Tangible-Book Historical Data

The historical data trend for KB Financial Group's Price-to-Tangible-Book 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 Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

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0.57

0.53

0.43

0.48

0.43

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
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.37	0.43	0.35	0.34	0.38

Competitive Comparison

For the Banks - Regional subindustry, KB Financial Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, KB Financial Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where KB Financial Group's Price-to-Tangible-Book falls into.

KB Financial Group Price-to-Tangible-Book Calculation

KB Financial Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	50.83	/	107.613
	=	0.47

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

KB Financial Group Price-to-Tangible-Book Related Terms

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

KB Financial Group (KB Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KB Financial Group Inc (NYSE:KB) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

105560:Korea KBIA:Germany KB:Argentina

Address

26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul, KOR, 07331

Website

https://www.kbfg.com

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.