Shinhan Financial Group (SHG) - P/B ratio

P/B ratio as of December 2024 : 0.4099

According to Shinhan Financial Group 's latest financial reports the company has a price-to-book ratio of 1.04182.
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 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.4214	16.25%
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	0.4899	19.53%	🇰🇷 S. Korea
Citigroup C	0.6293	53.53%	🇺🇸 USA
Mizuho Financial Group MFG	0.8305	102.64%	🇯🇵 Japan

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

DISCLAIMER

CompaniesMarketCap is not associated in any way with CoinMarketCap.com
Stock prices are delayed, the delay can range from a few minutes to several hours.
Company logos are from the CompaniesLogo.com logo database and belong to their respective copyright holders. Companies Marketcap displays them for editorial purposes only.

Contact

For inquiries or if you want to report a problem write to hello@8marketcap.com

Links

- Privacy policy

- Terms and conditions