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Korean Bank ADRs Trade at Half JPMorgan's Level Amid Persistent Discount

4h ago

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Seoul Economic DailyKorean Bank ADRs Trade at Half JPMorgan's Level Amid Persistent Discountsedaily.com
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Korean financial groups KB, Shinhan, and Woori trade at an average PER of 9.38, about 61% of the 15.28 average for the four largest U.S. banks, reflecting a persistent valuation discount.

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