Korean Air Lines Co (XKRX:003490) Price-to-Tangible-Book : 0.93 (As of May. 11, 2024)

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What is Korean Air Lines Co Price-to-Tangible-Book?

As of today (2024-05-11), Korean Air Lines Co's share price is ₩22000.00. Korean Air Lines Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₩23,545.98. Hence, Korean Air Lines Co's Price to Tangible Book Ratio of today is 0.93.

The historical rank and industry rank for Korean Air Lines Co's Price-to-Tangible-Book or its related term are showing as below:

XKRX:003490' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9 Med: 1.16 Max: 1.62
Current: 0.93

During the past 13 years, Korean Air Lines Co's highest Price to Tangible Book Ratio was 1.62. The lowest was 0.90. And the median was 1.16.

XKRX:003490's Price-to-Tangible-Book is ranked better than
70.66% of 876 companies
in the Transportation industry
Industry Median: 1.455 vs XKRX:003490: 0.93

A closely related ratio is called PB Ratio. As of today, Korean Air Lines Co's share price is ₩22000.00. Korean Air Lines Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₩25,777.54. Hence, Korean Air Lines Co's P/B Ratio of today is 0.85.

Korean Air Lines Co Price-to-Tangible-Book Historical Data

The historical data trend for Korean Air Lines Co's Price-to-Tangible-Book 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.

Korean Air Lines Co Price-to-Tangible-Book Chart

Korean Air Lines Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.16

1.62

1.58

1.04

1.02

Korean Air Lines Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.04	1.06	1.07	0.91	1.02

Competitive Comparison of Korean Air Lines Co's Price-to-Tangible-Book

For the Airlines subindustry, Korean Air Lines Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Korean Air Lines Co's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Korean Air Lines Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Korean Air Lines Co's Price-to-Tangible-Book falls into.

Korean Air Lines Co Price-to-Tangible-Book Calculation

Korean Air Lines Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	22000.00	/	23545.978
	=	0.93

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Korean Air Lines Co Price-to-Tangible-Book Related Terms

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Korean Air Lines Co (XKRX:003490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Korean Air Lines Co Ltd (XKRX:003490) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

003495:Korea

Address

260 Haneul-gil, Gangseo-gu, Seoul, KOR

Website

http://www.koreanair.com

Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.

Korean Air Lines Co (XKRX:003490) Headlines

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