P/E ratio for KB Financial Group (KB)
P/E ratio as of April 2024 (TTM): 6.23
According to KB Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.23246. At the end of 2022 the company had a P/E ratio of 5.09.
P/E ratio history for KB Financial Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.09 | 6.21% |
| 2021 | 4.79 | -8.75% |
| 2020 | 5.25 | -7.84% |
| 2019 | 5.70 | -4.37% |
| 2018 | 5.96 | -24.77% |
| 2017 | 7.92 | 9.5% |
| 2016 | 7.23 | -0.56% |
| 2015 | 7.27 | -23.05% |
| 2014 | 9.45 | -29% |
| 2013 | 13.3 | 53.15% |
| 2012 | 8.69 | 64.86% |
| 2011 | 5.27 | -95.86% |
| 2010 | 127 | |
| 2007 | 3.37 | -60.38% |
| 2006 | 8.51 | -9.28% |
| 2005 | 9.38 | -26.42% |
| 2004 | 12.8 | -187.25% |
| 2003 | -14.6 | -227.23% |
| 2002 | 11.5 | 6.88% |
| 2001 | 10.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of New York Mellon BK | 13.5 | 116.23% | 🇺🇸 USA |
 Woori Financial Group WF | 3.46 | -44.53% | 🇰🇷 S. Korea |
 Shinhan Financial Group
SHG | 5.34 | -14.34% | 🇰🇷 S. Korea |
 Mizuho Financial Group
MFG | 10.8 | 73.02% | 🇯🇵 Japan |
 ICICI Bank IBN | 18.8 | 201.31% | 🇮🇳 India |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.