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Kb Star REIT Co (XKRX:432320) PB Ratio : 1.07 (As of Jun. 17, 2024)


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What is Kb Star REIT Co PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-17), Kb Star REIT Co's share price is ₩4385.00. Kb Star REIT Co's Book Value per Share for the quarter that ended in Oct. 2023 was ₩4,095.96. Hence, Kb Star REIT Co's PB Ratio of today is 1.07.

The historical rank and industry rank for Kb Star REIT Co's PB Ratio or its related term are showing as below:

XKRX:432320' s PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 0.99   Max: 1.11
Current: 1.07

During the past 2 years, Kb Star REIT Co's highest PB Ratio was 1.11. The lowest was 0.86. And the median was 0.99.

XKRX:432320's PB Ratio is ranked worse than
75.32% of 855 companies
in the REITs industry
Industry Median: 0.81 vs XKRX:432320: 1.07

During the past 12 months, Kb Star REIT Co's average Book Value Per Share Growth Rate was 58762.20% per year.

Back to Basics: PB Ratio


Kb Star REIT Co PB Ratio Historical Data

The historical data trend for Kb Star REIT Co's 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.

Kb Star REIT Co PB Ratio Chart

Kb Star REIT Co Annual Data
Trend Jun22 Jan23
PB Ratio
- 0.91

Kb Star REIT Co Quarterly Data
Sep22 Dec22 Apr23 Oct23
PB Ratio - 0.89 0.87 0.84

Competitive Comparison of Kb Star REIT Co's PB Ratio

For the REIT - Office subindustry, Kb Star REIT Co's PB Ratio, along with its competitors' market caps and 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 Star REIT Co's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Kb Star REIT Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kb Star REIT Co's PB Ratio falls into.



Kb Star REIT Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Kb Star REIT Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2023)
=4385.00/4095.959
=1.07

* 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.

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

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


Kb Star REIT Co  (XKRX:432320) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


Kb Star REIT Co PB Ratio Related Terms

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Kb Star REIT Co (XKRX:432320) Business Description

Traded in Other Exchanges
N/A
Address
10, Gukjegeumyung-ro, 40th Floor, 41th Floor, Three IFC, Yeongdeungpo-gu, Seoul, KOR, 07326
Kb Star REIT Co Ltd is a publicly traded REITs operating on a going concern basis with base assets including the Galaxy Tower in Belgium and Samsung's Europe HQ in the UK.

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