Shinhan Financial Group Co., Ltd. (SHG)

Financials · NYQ

$75.42-2.90% today

Price as at 1 Oct 2026, 14:39 UTC. Quotes are delayed.

Fundamentals

Market cap$33.56B
P/E ratio10.7
Dividend yield2.57%
Revenue growth (YoY)+6.6%
Profit margin31.9%
Return on equity8.6%
52-week range$47.05 to $85.57

Valuation and ratings

Fair value estimate$156.79
Upside to fair value+107.9%
Analyst target (mean)$97.29
Analyst range$97.29 to $97.29
Analysts with price targets1
Consensus viewstrong buy
Moat score46/100
Overall rating71/100, high quality

Fair value: $156.79 (+107.9%), see how we got there

Shinhan Financial Group Co., Ltd. trades at $75.42, which is 108% below the $156.79 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.

Our moat model scores it 46 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 10.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

SHG dividend history

Dividend yield2.57%
Most recent payment$0.410, ex 1 Aug 2025
Consecutive years paid4

Dividends per share by year

YearTotal per sharePayments
2025$1.203
2024$1.965
2023$1.193
2022$1.554
2009$0.4201
2005$0.7371
2004$0.5661
2003$0.5051

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

SHG earnings and analyst estimates

EPS estimate, next year$8.91
Expected EPS growth+12.3%
Expected revenue growth+4.8%

Recommendation mix, 1 published rating

1 buy0 hold0 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Shinhan Financial Group Co., Ltd.

Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea, Vietnam, and Japan. The company operates in six segments: Banking, Credit card, Securities, Insurance, Credit, and Others. It offers credit, lending and receiving deposits; credit cards, short-term and long-term card loan services, installment financing, and leases; securities trading, consignment trading, and underwriting; life and non-life insurance business; facility rental and new technology business financing; and real estate trust, investment advisory services, venture business investment, and other businesses. Shinhan Financial Group Co., Ltd. was founded in 1982 and is based in Seoul, South Korea.

Industry: Banks - RegionalEmployees: 184HQ: South Korea

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

SHG passes 6 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

12 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

SHG peers

The largest companies in the same industry (Banks - Regional), then in the same sector.

Every financials company we cover is on the Financials hub.

Common questions

Is Shinhan Financial Group Co., Ltd. (SHG) undervalued?

Against our fair value estimate of $156.79, SHG at $75.42 is 108% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own SHG?

12 of the institutions we track reported a position in SHG in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is SHG's P/E ratio?

SHG trades at 10.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Shinhan Financial Group Co., Ltd. (SHG) pay a dividend?

Yes. Shinhan Financial Group Co., Ltd. yields 2.57% at the current share price. It has paid a dividend in each of the last 4 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its SHG data?

Fundamentals for SHG come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 14:39 UTC and is delayed. Our data quality score for this company is 88/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for SHG, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.