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Hana Financial Group (XKRX:086790) PB Ratio : 0.44 (As of Jun. 03, 2024)


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What is Hana Financial Group 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 (2024-06-03), Hana Financial Group's share price is ₩61700.00. Hana Financial Group's Book Value per Share for the quarter that ended in Mar. 2024 was ₩139,959.82. Hence, Hana Financial Group's PB Ratio of today is 0.44.

The historical rank and industry rank for Hana Financial Group's PB Ratio or its related term are showing as below:

XKRX:086790' s PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.4   Max: 0.69
Current: 0.44

During the past 13 years, Hana Financial Group's highest PB Ratio was 0.69. The lowest was 0.21. And the median was 0.40.

XKRX:086790's PB Ratio is ranked better than
84.96% of 1456 companies
in the Banks industry
Industry Median: 0.86 vs XKRX:086790: 0.44

During the past 12 months, Hana Financial Group's average Book Value Per Share Growth Rate was 8.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hana Financial Group was 11.40% per year. The lowest was 3.40% per year. And the median was 8.20% per year.

Back to Basics: PB Ratio


Hana Financial Group PB Ratio Historical Data

The historical data trend for Hana Financial Group'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.

Hana Financial Group PB Ratio Chart

Hana Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.33 0.36 0.33 0.32

Hana Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB 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 0.32 0.30 0.31 0.32 0.41

Competitive Comparison of Hana Financial Group's PB Ratio

For the Banks - Regional subindustry, Hana Financial Group'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.


Hana Financial Group's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hana Financial Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hana Financial Group's PB Ratio falls into.



Hana Financial Group 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.

Hana Financial Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=61700.00/139959.815
=0.44

* 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.


Hana Financial Group  (XKRX:086790) 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.


Hana Financial Group PB Ratio Related Terms

Thank you for viewing the detailed overview of Hana Financial Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hana Financial Group (XKRX:086790) Business Description

Traded in Other Exchanges
N/A
Address
55 Eulji-ro Jung-gu, Seoul, KOR, 100-782
Hana Financial is one of Korea's four largest commercial banking groups. In commercial banking, it is a similar size to its three peers with an 11% share of loans as of 2022, but its total assets are about 20% to 25% smaller than Shinhan's and KB's owing to a smaller scale in nonbank financial businesses. This reflects Shinhan's and KB's expansion of these areas in recent years while Hana was busy integrating Korea Exchange Bank into KEB Hana Bank and replenishing its capital levels after the 2012 acquisition. The integration progressed smoothly, in our view, with Korea Exchange Bank's strength in large corporate business proving to be a good fit for the former Hana Bank's strength in retail.

Hana Financial Group (XKRX:086790) Headlines

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