Shinhan Financial Group Co., Ltd. (SHG) is a publicly traded company in the Financial Services — Banks - Regional industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Shinhan Financial Group Co., Ltd. is a prominent financial services provider that operates both within South Korea and globally. The company's diverse activities are organized into six primary divisions: Banking, Credit Card services, Securities, Life Insurance, Credit, and other specialized financial offerings. For individual clients, Shinhan offers a comprehensive suite of retail banking solutions.
Is Shinhan Financial Group Co., Ltd. stock overvalued or undervalued in 2026?
Shinhan Financial Group Co., Ltd. (SHG) trades at 7.4× earnings (P/E), against a median of 13.0× across the 324 financial services companies above $2bn in Kaplio's universe. At a P/B justified by its ROTCE del 10,0 % (1.3×) $129 (+97 %); at its peers' median (1.3×) $132 (+101 %).
Kaplio overview: Shinhan Financial Group Co., Ltd.
Market cap $31B · 52 weeks $51 – $84 (22 % below the high) · P/E 7.4× · 2027 expected P/E 6.5× · Dividend 3.5 % · Next earnings February 11, 2027 · expected EPS $1.11 · Closing price, Oct 28 · accounts published Oct 27.
- Valuation: P/B 0.7× (justified).
- Business: ROTCE 10.0 % (weak).
- Balance sheet: Capital/assets 6.8 % (fragile).
- Earnings: 5 of 8 (uneven).
What would it be worth at its usual multiples?
At a P/B justified by its ROTCE del 10,0 % (1.3×) $129 (+97 %); at its peers' median (1.3×) $132 (+101 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in banking: 2 of 5 pass
- ROA 0.6 %, fails.
- ROTCE 10.0 %, fails.
- Equity / Assets (Tier 1 proxy) 6.8 %, fails.
- P/B (Price / Book) 0.7×, passes.
- Sustainable dividend yield 3.6 %, passes.
Against its peers (reference peers) — Shinhan Financial Group Co., Ltd.: P/E 7.4×; P/B 0.7×; ROE 9.2 %; $30.9B. NatWest Group plc (P/E 6.8×; P/B 1.3×; ROE 16.2 %; $33.9B), Banco Santander (Brasil) S.A. (P/E 24.9×; P/B 1.4×; ROE 11.8 %; $34.0B), KB Financial Group Inc. (P/E 8.9×; P/B 0.9×; ROE 10.7 %; $40.8B).
Expensive or cheap against its last ten fiscal years?
Precio / valor contable at each close: today 0.7× · median 0.0× · minimum 0.0× · maximum 0.8× · cheap below 0.0× · expensive above 0.0×. It has been cheaper than today 95% of the time over its last ten fiscal years.
Dividend
tight (only raised recently) · Yield 3.5 % ($1.94 per ADS in 2025) · Years raising it 1 · 5-year growth +6 % a year · Free cash flow coverage payout 26 % · With $1,000 invested today you'd collect $35.50 a year ($2.96 a month).
Investor methods verdict
Would Peter Lynch approve Shinhan Financial today?
The Lynch Method approves Shinhan Financial today. Business quality: 69 out of 100 (price not included). Lynch classifies it as a stalwart. Kaplio assessment with data from the week of 2026-10-26; not investment advice.
Profitability
| Return on Equity | 9.20% |
| Return on Invested Capital | 1.30% |
| Return on Assets | 0.64% |
| Gross Margin | 51.00% |
| Operating Margin | 24.14% |
| Net Margin | 15.05% |
Financial Health
| Debt / Equity | 2.60 |
| Current Ratio | 0.09 |
| Piotroski F-Score | 8 |
| Altman Z-Score | 0.10 |
Price Performance
| 1 month | -19.77% |
| 3 months | -6.16% |
| Year-to-date | +22.36% |
| 1 year | +24.63% |
| 3 years | +159.47% |
| 5 years | +103.03% |
| 10 years | +69.82% |
Dividend History
Paid in the last 12 months: $1.9988 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-07-30 | $0.5368 |
| 2026-04-30 | $0.4913 |
| 2026-02-20 | $0.5825 |
| 2025-11-04 | $0.3883 |
| 2025-08-01 | $0.4103 |
| 2025-05-02 | $0.4141 |
| 2025-02-21 | $0.3747 |
| 2024-09-30 | $0.3887 |
| 2024-06-28 | $0.3920 |
| 2024-03-27 | $0.3944 |
Amounts adjusted for stock splits.
Related companies: BAC · HSBC · C · UBS · MFG · BSBR · KB · NWG
Explore sector: Financial Services · Banks - Regional
More sections of SHG: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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