Shinhan Financial Group
SHG
C$66.30
Share price
-5.21%
Change (1 day)
10.55%
Change (1 year)
Shinhan Financial Group (SHG) - P/B ratio
P/B ratio as of July 2025 : 0.5915
According to Shinhan Financial Group
's latest financial reports the company has a price-to-book ratio of 1.9047.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Shinhan Financial Group - P/B ratio (from 2003 to 2025)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2025-12-31 | N/A | -100% |
| 2024-12-31 | 0.4167 | 14.96% |
| 2023-12-31 | 0.3625 | 7.2% |
| 2022-12-31 | 0.3381 | -10.68% |
| 2021-12-31 | 0.3785 | 6.44% |
| 2020-12-31 | 0.3556 | -25.14% |
| 2019-12-31 | 0.4751 | -6.39% |
| 2018-12-31 | 0.5075 | -26.59% |
| 2017-12-31 | 0.6913 | 2.48% |
| 2016-12-31 | 0.6746 | 14.74% |
| 2015-12-31 | 0.5879 | -14.69% |
| 2014-12-31 | 0.6892 | -8.07% |
| 2013-12-31 | 0.7497 | 22.81% |
| 2012-12-31 | 0.6105 | -13.15% |
| 2011-12-31 | 0.7028 | -23.65% |
| 2010-12-31 | 0.9206 | |
| 2007-12-31 | 1.29 | -33.01% |
| 2006-12-31 | 1.93 | 5.67% |
| 2005-12-31 | 1.83 | 48.41% |
| 2004-12-31 | 1.23 | 14.04% |
| 2003-12-31 | 1.08 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | P/B ratio differencediff. | Country |
|---|---|---|---|
 KB Financial Group KB | 0.7033 | 18.91% | 🇰🇷 S. Korea |
 Citigroup C | 0.8248 | 39.44% | 🇺🇸 USA |
 Mizuho Financial Group
MFG | 1.06 | 78.75% | 🇯🇵 Japan |