Is HDB or KB more undervalued in 2026?

CirclFi compares HDFC Bank Limited (HDB) and KB Financial Group Inc (KB) using 13 institutional-grade valuation models. HDB has a Quality of Company score of 8.7/10 while KB scores 1.8/10.

Which is a better buy — HDB or KB?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do HDB and KB valuations compare?

HDB at $23.78 and KB at $101.44 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

HDB vs KB Valuation Comparison 2026 — Intrinsic Value Analysis

HDB

Commercial Banks, NEC

HDFC Bank Limited

Quality

8.7

out of 10

Value Trap

—

Price

$23.78

Last close

Models

11/13

Active

KB

Commercial Banks, NEC

KB Financial Group Inc

Quality

1.8

out of 10

Value Trap

—

Price

$101.44

Last close

Models

8/13

Active

Model-by-Model Comparison

Model	Type	HDB Fair Value	HDB Upside	KB Fair Value	KB Upside
Bayesian DCF	Intrinsic	$13.39	-43.7%	$34.70	-65.8%
Earnings Power Value	Intrinsic	—	—	$45.96	-56.9%
EROIC Spread	Intrinsic	$7.15	-69.9%	$35.83	-66.4%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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HDB vs KB — Which Stock Is More Undervalued?

HDB scores higher with a 8.7/10 quality rating vs KB's 1.8/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing HDFC Bank Limited (HDB) and KB Financial Group Inc (KB) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

HDB currently trades at $23.78 with a QOC of 8.7/10, while KB trades at $101.44 with a QOC of 1.8/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).