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KB Financial Group (KB Financial Group) Cyclically Adjusted PS Ratio : 1.97 (As of Jun. 03, 2024)


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What is KB Financial Group Cyclically Adjusted PS Ratio?

As of today (2024-06-03), KB Financial Group's current share price is $57.55. KB Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $29.22. KB Financial Group's Cyclically Adjusted PS Ratio for today is 1.97.

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

KB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.42   Max: 2.18
Current: 2.04

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.

KB's Cyclically Adjusted PS Ratio is ranked better than
60.76% of 1185 companies
in the Banks industry
Industry Median: 2.38 vs KB: 2.04

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 $10.112. 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 $29.22 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
=57.55/29.22
=1.97

* 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)
=10.112/118.8477*118.8477
=10.112

Current CPI (Mar. 2024) = 118.8477.

KB Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.290 99.353 7.524
201409 6.131 99.608 7.315
201412 5.418 99.098 6.498
201503 5.601 99.720 6.675
201506 6.058 100.050 7.196
201509 5.243 100.110 6.224
201512 5.211 100.220 6.180
201603 5.471 100.560 6.466
201606 5.653 100.790 6.666
201609 4.643 101.460 5.439
201612 5.950 101.560 6.963
201703 5.455 102.850 6.303
201706 5.734 102.610 6.641
201709 6.539 103.490 7.509
201712 7.848 102.990 9.056
201803 7.454 104.100 8.510
201806 7.449 104.130 8.502
201809 7.022 105.650 7.899
201812 6.549 104.350 7.459
201903 7.501 104.490 8.532
201906 7.301 104.880 8.273
201909 7.210 105.200 8.145
201912 6.725 105.120 7.603
202003 7.358 105.540 8.286
202006 7.890 104.870 8.942
202009 7.998 106.200 8.951
202012 9.418 105.765 10.583
202103 9.785 107.357 10.832
202106 9.235 107.579 10.202
202109 9.340 108.759 10.206
202112 8.827 109.676 9.565
202203 8.556 111.806 9.095
202206 7.820 114.083 8.147
202209 6.382 114.831 6.605
202212 10.726 115.200 11.066
202303 9.731 116.550 9.923
202306 9.783 117.140 9.926
202309 8.404 119.111 8.385
202312 12.110 118.848 12.110
202403 10.112 118.848 10.112

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  (NYSE: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 (KB Financial Group) 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.

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