Korean Reinsurance Co
KRX:003690

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Korean Reinsurance Co Logo
Korean Reinsurance Co
KRX:003690
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Price: 12 620 KRW 2.69% Market Closed
Market Cap: ₩2.5T

P/B

0.6
Current
64%
More Expensive
vs 3-y average of 0.4

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.6
=
Market Cap
₩2.5T
/
Total Equity
₩3.6T

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.6
=
Market Cap
₩2.5T
/
Total Equity
₩3.6T

Valuation Scenarios

Korean Reinsurance Co is trading above its 3-year average

If P/B returns to its 3-Year Average (0.4), the stock would be worth ₩7 700.04 (39% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-60%
Maximum Upside
+82%
Average Downside
4%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.6 ₩12 620
0%
3-Year Average 0.4 ₩7 700.04
-39%
5-Year Average 0.2 ₩5 016.23
-60%
Industry Average 0.6 ₩13 048.86
+3%
Country Average 1.1 ₩22 914.61
+82%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 73% of companies in Korea
Percentile
27th
Based on 1 345 companies
27th percentile
0.6
Low
0.1 — 0.7
Typical Range
0.7 — 2.3
High
2.3 —
Distribution Statistics
Korea
Min 0.1
30th Percentile 0.7
Median 1.1
70th Percentile 2.3
Max 2 461.2

Other Multiples

Korean Reinsurance Co
Glance View

Korean Reinsurance Co. engages in the reinsurance business. The company is headquartered in Seoul, Seoul. The firm provides non-life insurance and life insurance reinsurance services. Non-life insurance includes fire insurance, marine insurance, auto insurance, warranty insurance, special insurance, overseas accident insurance, long-term insurance, and pension insurance.

Intrinsic Value
19 457.19 KRW
Undervaluation 35%
Intrinsic Value
Price ₩12 620
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