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Kangwon Land (XKRX:035250) PB Ratio : 0.85 (As of May. 01, 2024)


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What is Kangwon Land 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 (2024-05-01), Kangwon Land's share price is ₩15350.00. Kangwon Land's Book Value per Share for the quarter that ended in Dec. 2023 was ₩18,141.07. Hence, Kangwon Land's PB Ratio of today is 0.85.

Good Sign:

Kangwon Land Inc stock PB Ratio (=0.83) is close to 10-year low of 0.81

The historical rank and industry rank for Kangwon Land's PB Ratio or its related term are showing as below:

XKRX:035250' s PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.77   Max: 3.19
Current: 0.84

During the past 13 years, Kangwon Land's highest PB Ratio was 3.19. The lowest was 0.81. And the median was 1.77.

XKRX:035250's PB Ratio is ranked better than
74.41% of 758 companies
in the Travel & Leisure industry
Industry Median: 1.745 vs XKRX:035250: 0.84

During the past 12 months, Kangwon Land's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kangwon Land was 12.00% per year. The lowest was -3.20% per year. And the median was 6.35% per year.

Back to Basics: PB Ratio


Kangwon Land PB Ratio Historical Data

The historical data trend for Kangwon Land'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.

Kangwon Land PB Ratio Chart

Kangwon Land 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 1.61 1.47 1.50 1.38 0.88

Kangwon Land Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.38 1.17 1.00 0.84 0.88

Competitive Comparison of Kangwon Land's PB Ratio

For the Resorts & Casinos subindustry, Kangwon Land'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.


Kangwon Land's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kangwon Land's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kangwon Land's PB Ratio falls into.



Kangwon Land 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.

Kangwon Land's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=15350.00/18141.069
=0.85

* 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.


Kangwon Land  (XKRX:035250) 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.


Kangwon Land PB Ratio Related Terms

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


Kangwon Land (XKRX:035250) Business Description

Traded in Other Exchanges
N/A
Address
265 High1-Gil Sabuk-Eup, Jeongsun-Kun, Gangwon, KOR
Kangwon Land Inc is a casino and resort company. The business has six business segments that include Casino, Hotel, Holiday Unit, Golf Course, Skiing Ground, and Other. Kangwon operates numerous resorts and casinos that have table games and slot machines. The company's resorts also have condominium units. The Golf Course segment generates revenue from courses the company has built around its resorts. The Skiing Grounds segment is engaged in skiing tickets and rentals through the company's integrated ski resort. The Other business segment controls interests such as Kangwon's theme park. Kangwon Land generates the vast majority of its revenue in South Korea.

Kangwon Land (XKRX:035250) Headlines

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