Low stock price neglect 'low PBR' companies 151 places... Including Emart, Taekwang Industry, and Hyundai Steel.
The Korean government has introduced a measure to address the undervaluation of the domestic stock market by identifying and publicly listing companies with a low Price-to-Book Ratio (PBR). The Korea Exchange has selected 151 companies, including 96 on the main stock market and 55 on the KOSDAQ, with a PBR of less than 1. These companies will be labeled as "low PBR" on their stock listings.
The move aims to encourage companies to improve their stock value through measures such as dividend increases, share buybacks, and profitability improvements. The list of companies will be publicly available on the Korea Exchange's website and trading systems.
Written by urgent.news from Hankyoreh's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
