Latest Ratios: P/E Ratio 11.4x · EV/EBITDA 6.6x · ROE 9.7%. (1999–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $40.4B | $32.9B | $21.8B | $16.3B | $15.4B | $18.4B | $15.6B | $16.3B | $16.7B | $23.5B | $13.6B |
| Enterprise Value | $40.4B | $32.9B | $110.00T | $106.27T | $120.32T | $107.64T | $79.99T | $64.68T | $64.26T | $54.11T | $45.08T |
| P/E Ratio → | 11.42 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| P/S Ratio | 1.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| P/B Ratio | 1.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| P/FCF | 16.87 | 0.01 | 0.01 | 0.00 | 0.00 | — | — | 0.00 | — | — | 0.02 |
| P/OCF | 14.65 | 0.01 | 0.01 | 0.00 | 0.00 | — | — | 0.00 | — | — | 0.01 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.00 | 2.91 | 2.92 | 4.69 | 5.13 | 4.04 | 3.47 | 3.71 | 3.57 | 3.69 |
| EV / EBITDA | 6.56 | 0.00 | 13.92 | 15.21 | 19.18 | 15.19 | 13.72 | 11.74 | 13.05 | 11.54 | 15.45 |
| EV / EBIT | 7.26 | 0.00 | 15.75 | 17.36 | 22.30 | 17.70 | 16.73 | 14.27 | 14.94 | 13.07 | 17.15 |
| EV / FCF | — | 0.01 | 32.42 | 31.00 | 28.22 | — | — | 7.65 | — | — | 73.16 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 49.1% | 49.1% | 47.8% | 44.8% | 56.8% | 75.4% | 70.7% | 67.2% | 68.2% | 72.1% | 65.9% |
| Operating Margin | 16.8% | 16.8% | 18.5% | 16.8% | 21.0% | 29.0% | 24.1% | 24.3% | 24.8% | 27.3% | 21.5% |
| Net Profit Margin | 11.5% | 11.5% | 13.4% | 12.6% | 16.0% | 21.0% | 17.5% | 17.7% | 17.7% | 21.9% | 17.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.7% | 9.7% | 8.6% | 8.2% | 8.0% | 9.5% | 8.4% | 8.8% | 8.8% | 10.1% | 7.1% |
| ROA | — | — | 0.7% | 0.7% | 0.6% | 0.7% | 0.6% | 0.7% | 0.7% | 0.8% | 0.6% |
| ROIC | 4.9% | 4.9% | 2.6% | 2.3% | 2.0% | 2.7% | 2.6% | 2.8% | 2.8% | 3.0% | 2.2% |
| ROCE | — | — | 2.4% | 2.2% | 2.1% | 2.4% | 2.2% | 2.5% | 2.7% | 3.2% | 2.6% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 2.35 | 2.34 | 2.84 | 2.82 | 2.46 | 2.21 | 2.40 | 2.21 | 2.05 |
| Debt / EBITDA | — | — | 17.82 | 19.62 | 24.35 | 19.65 | 18.30 | 15.73 | 17.40 | 16.02 | 22.00 |
| Net Debt / Equity | — | 0.00 | 1.84 | 1.81 | 2.24 | 2.18 | 1.84 | 1.65 | 1.80 | 1.59 | 1.44 |
| Net Debt / EBITDA | — | 0.00 | 13.92 | 15.21 | 19.18 | 15.18 | 13.72 | 11.74 | 13.04 | 11.53 | 15.44 |
| Debt / FCF | — | 0.00 | 32.41 | 30.99 | 28.22 | — | — | 7.64 | — | — | 73.14 |
| Interest Coverage | 0.65 | 0.65 | 0.40 | 0.36 | 0.58 | 1.53 | 1.00 | 0.83 | 0.89 | 1.13 | 0.73 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | — | 0.30 | 0.30 | 0.27 | 0.23 | 0.28 | 0.23 | 0.09 | 0.10 | 0.09 |
| Quick Ratio | — | — | 0.30 | 0.30 | 0.27 | 0.23 | 0.28 | 0.23 | 0.09 | 0.10 | 0.09 |
| Cash Ratio | — | — | 0.07 | 0.07 | 0.08 | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Asset Turnover | — | — | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.03 | 0.03 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Payout Ratio | 22.3% | 22.3% | 29.3% | 25.1% | 35.0% | 22.3% | 25.5% | 23.1% | 25.0% | 15.0% | 17.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.8% | 17767.3% | 22363.8% | 27113.9% | 26122.6% | 23589.7% | 22046.4% | 20277.1% | 18284.6% | 14112.1% | 15752.3% |
| FCF Yield | 5.9% | 11164.0% | 15555.8% | 21068.3% | 27640.6% | — | — | 51889.9% | — | — | 4528.1% |
| Buyback Yield | 2.4% | 100.0% | 100.0% | 100.0% | 0.0% | 0.0% | 0.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Total Shareholder Yield | 4.4% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Shares Outstanding | — | $382M | $383M | $393M | $399M | $399M | $395M | $394M | $399M | $401M | $386M |
Real estate credit exposure
As reported in recent financial filings, KB trades at a P/B ratio of 0.94, which suggests that the market continues to apply a significant discount to the bank's tangible book value despite management's recent commitments to enhanced capital return programs under the domestic Value-Up initiative.
The current valuation multiple implies that investors remain skeptical regarding the bank's ability to consistently generate a return on tangible equity that exceeds its cost of capital. This persistent discount suggests that the market views KB as a commodity balance sheet rather than a premium financial franchise, likely reflecting concerns over regulatory intervention and the long-term profitability of its legacy branch-heavy model.
Based on the provided quarterly data, KB's ROE has fluctuated between 0.4% and 3.4% over the last ten quarters, indicating that the bank's profitability is highly sensitive to non-operating items and reactive provisioning rather than stable, core earnings generation from its diversified business segments.
The DuPont decomposition suggests that profitability is currently constrained by high efficiency ratios and the impact of one-off losses, such as those related to ELS compensation. Investors should monitor whether the bank can stabilize its non-interest income contribution to offset the structural headwinds currently facing its net interest margin.
According to the company's reported figures, the efficiency ratio has exhibited significant volatility, ranging from 23.5% to 40.3%, which highlights the operational challenges of maintaining a massive physical branch network while simultaneously attempting to scale a digital-first banking strategy in a competitive domestic market.
The stagnation of the NIM at 0.4% suggests that KB faces structural difficulty in expanding its interest spread, likely due to competitive deposit pricing and regulatory pressure. The lack of consistent operating leverage indicates that cost control remains a primary hurdle for management in achieving sustainable margin expansion.
As indicated by the bank's reported financial statements, KB has maintained a stable equity-to-assets ratio of approximately 0.08, demonstrating a disciplined approach to capital management that supports its ongoing commitment to shareholder returns despite the inherent volatility in its underlying asset quality and credit risk profile.
This capital buffer appears adequate to meet regulatory requirements, providing the necessary flexibility for the bank to continue its share buyback and dividend programs. However, the reliance on market-linked assets within the balance sheet warrants further investigation into how potential market shocks might impact the bank's CET1 ratio and overall capital adequacy.
Based on the provided financial data, the P/E ratio is the most commonly misapplied metric for KB, as it fails to account for the extreme volatility in earnings caused by periodic, large-scale credit loss provisions and one-off non-operating charges that distort the bank's true operational performance.
Investors should prioritize P/TBV over P/E when evaluating KB, as the latter is frequently skewed by management's reactive provisioning cycles. Relying on P/E obscures the bank's underlying capital generation capacity and fails to capture the structural value inherent in its dominant retail deposit franchise.
Includes 30+ ratios · 27 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying KB stock.
KB Financial Group Inc.'s current P/E ratio is 11.4x. The historical average is 0.0x. This places it at the 100th percentile of its historical range.
KB Financial Group Inc.'s current EV/EBITDA is 6.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.3x.
KB Financial Group Inc.'s return on equity (ROE) is 9.7%. The historical average is 10.9%.
Based on historical data, KB Financial Group Inc. is trading at a P/E of 11.4x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
KB Financial Group Inc.'s current dividend yield is 1.95% with a payout ratio of 22.3%.
KB Financial Group Inc. has 49.1% gross margin and 16.8% operating margin. Operating margin between 10-20% is typical for established companies.