According to Shinhan Financial Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.73522. At the end of 2022 the company had a P/E ratio of 4.21.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.21 | -13.68% |
2021 | 4.88 | -7.64% |
2020 | 5.28 | -16.57% |
2019 | 6.33 | 6.8% |
2018 | 5.92 | -30.85% |
2017 | 8.57 | 13.86% |
2016 | 7.52 | -6.33% |
2015 | 8.03 | -20.61% |
2014 | 10.1 | -22.52% |
2013 | 13.1 | 50.9% |
2012 | 8.65 | 40.87% |
2011 | 6.14 | -40.74% |
2010 | 10.4 | |
2007 | 12.5 | -6.42% |
2006 | 13.3 | 53.15% |
2005 | 8.70 | 25.36% |
2004 | 6.94 | -63.43% |
2003 | 19.0 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
7.32 | 27.70% | ๐ฐ๐ท S. Korea | |
9.91 | 72.76% | ๐บ๐ธ USA | |
13.3 | 132.26% | ๐ฏ๐ต Japan |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.