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On November 1, 2026, the Korea Exchange (KRX) published its first list of 151 'low-PBR' companies, comprising 96 KOSPI and 55 KOSDAQ firms that have ranked in the bottom 25% (KOSPI) or bottom 10% (KOSDAQ) of their sectors by price-to-book ratio over the past three years. The list includes major names such as E-Mart, Hyundai Steel, Lotte Chemical, Lotte Shopping, and Hanwha Life, with five firms having a market cap over 1 trillion won. Starting November 2, these companies will carry a 'low-PBR' tag in brokerage trading systems, a move the KRX says aims to encourage corporate value enhancement and offer tailored consulting. Korean media report that the initiative is part of broader 'capital market improvement' measures, with analysts noting that implementation of value-up plans will be key to its success.