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. In the quarter to June 2026, revenue grew 27.1%, EPS grew 10.4%, free cash flow grew 120.9% and total debt rose 1.90%, each against the same quarter a year earlier.

70.31 1.02 −1.43%
Market cap
$33.1B
P/E
9.5×
Fwd P/E
9.1×
Dividend yield
2.84%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

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

Alert me on P/E ratio

As of 16 October 2026, Shinhan Financial Group Co Ltd (SHG) trades at a P/E ratio of 9.5×. Over the past ten years it has ranged from 2.9× (March 2020) to 11.4× (September 2026); the current reading is higher than 93% of that period. That is below the Banks Regional industry median of 12.0× and below the Financial sector median of 12.4×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 7.7× 76.03%
FY2024 4.3× (10.29%)
FY2023 4.8× 17.32%
FY2022 4.1× (15.64%)
FY2021 4.9× (9.14%)
FY2020 5.4× (14.18%)
FY2019 6.3× 82.12%
FY2018 3.4× (61.49%)
FY2017 9.0× 117.22%
FY2016 4.1× (46.48%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 8.5× (0.11%)
Mar 2026 8.5× 11.16%
Dec 2025 7.7× 25.62%
Sep 2025 6.1× 7.58%
42 more quarters

Against its own ten years

Low 2.9× High 11.4×
Ten-year median 5.3×
Current reading's percentile 97

P/E ratio against peers

Company P/E ratio
BBDO Banco Bradesco SA compare 8.6×
SHG Shinhan Financial Group Co Ltd 9.5×
KB KB Financial Group Inc compare 10.1×
RF Regions Financial Corporation compare 11.1×
MTB M&T Bank Corporation compare 11.3×
HBAN Huntington Bancshares Incorporated compare 11.6×
CFG Citizens Financial Group, Inc. compare 13.6×
BAP Credicorp Ltd. compare 14.5×
FITB Fifth Third Bancorp compare 17.0×
Banks Regional industry median 12.0×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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