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Friday 6 November 2026 Export SHG’s income statement to Excel — free account

Shinhan Financial Group Co Ltd

SHG Financial Banks Regional

Shinhan Financial Group Co Ltd’s revenue for fiscal 2025 (year ended December 2025) was $23.8 billion, roughly unchanged from fiscal 2024.

Revenue
+27.1%
EPS
+10.4%
Free cash flow
+120.9%
Total debt
+1.90%

Quarter to June 2026, against a year earlier

63.22 1.84 −2.83%
Market cap
$29.2B
P/E
8.5×
Fwd P/E
7.3×
Dividend yield
2.55%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Shinhan Financial Group Co Ltd (SHG) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Shinhan Financial Group Co Ltd (SHG) trades at a P/B ratio of 0.7×. Over the past ten years it has ranged from 0.2× (March 2020) to 0.9× (September 2026); the current reading is higher than 84% of that period. That is below the Banks Regional industry median of 1.2× and below the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 0.6× 52.71%
FY2024 0.4× 17.12%
FY2023 0.3× (15.27%)
FY2022 0.4× 10.02%
FY2021 0.4× (7.77%)
FY2020 0.4× (25.88%)
FY2019 0.5× 7.48%
FY2018 0.5× (32.28%)
FY2017 0.7× 16.52%
FY2016 0.6× 13.00%

Quarterly newest first

Period P/B ratio Change
Jun 2026 0.7× 0.59%
Mar 2026 0.7× 9.51%
Dec 2025 0.6× 7.36%
Sep 2025 0.6× 10.05%
42 more quarters

Against its own ten years

Low 0.2× High 0.9×
Ten-year median 0.5×
Current reading's percentile 84

P/B ratio against peers

Company P/B ratio
BBDO Banco Bradesco SA compare 0.7×
SHG Shinhan Financial Group Co Ltd 0.7×
HBAN Huntington Bancshares Incorporated compare 1.1×
CFG Citizens Financial Group, Inc. compare 1.2×
FCNCA First Citizens BancShares, Inc. compare 1.3×
MTB M&T Bank Corporation compare 1.3×
RF Regions Financial Corporation compare 1.5×
ITUB Itau Unibanco Holding S.A. compare 1.8×
BAP Credicorp Ltd. compare 2.4×
Banks Regional industry median 1.2×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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