P/E ratio for Shinhan Financial Group (SHG)
P/E ratio as of July 2025 (TTM): 8.15
According to Shinhan Financial Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.14614. At the end of 2024 the company had a P/E ratio of 5.66.
P/E ratio history for Shinhan Financial Group from 2004 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 5.66 | |
| 2022 | 4.29 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 KB Financial Group KB | 6.95 | -14.73% | 🇰🇷 S. Korea |
 Citigroup C | 14.9 | 82.48% | 🇺🇸 USA |
 Mizuho Financial Group
MFG | 10.9 | 33.48% | 🇯🇵 Japan |
How to read a P/E ratio?
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.