Shinhan Financial Group
SHG
$34.16
Share price
7.25%
Change (1 day)
30.28%
Change (1 year)
Shinhan Financial Group (SHG) - P/B ratio
P/B ratio as of April 2024 : 0.4176
According to Shinhan Financial Group
's latest financial reports the company has a price-to-book ratio of 0.4176.
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 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.3782 | 7.05% |
| 2022-12-31 | 0.3533 | -7.93% |
| 2021-12-31 | 0.3837 | 7.89% |
| 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 | differencediff. | Country |
|---|---|---|---|
 Citigroup C | 0.5794 | 38.75% | 🇺🇸 USA |
 Mizuho Financial Group
MFG | 0.6909 | 65.45% | 🇯🇵 Japan |
 KB Financial Group KB | 0.4770 | 14.24% | 🇰🇷 S. Korea |