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Shinhan Financial Group Co., Ltd. American Depositary Receipt

SHG

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Shinhan Financial Group Co., Ltd. American Depositary Receipt is the U.S.-traded depositary receipt for Shinhan Financial Group, a South Korea-based financial holding company headquartered in Seoul. The company provides a broad range of banking and financial services through its subsidiaries, including retail and commercial banking, corporate lending, wealth management, insurance, and related financial support services. Its business model centers on serving individual customers, businesses, and institutional clients across South Korea and selected international markets. Shinhan Financial Group also operates within the wider financial services sector, where it plays a key role as a diversified banking group offering deposits, loans, payment services, and asset management products. As an American Depositary Receipt, SHG gives U.S. market participants exposure to the group’s operations through a U.S.-listed security while reflecting the performance of the underlying Korean financial institution.

Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap₩41.21T
EPS₩10,996.12
P/E7.96
Div. Yield0.00%
Net Margin28.39%
P/Book0.7x
Shinhan Financial Group Co., Ltd. American Depositary Receipt intrinsic value
52-Week Range
$51.70$84.47

Profitability & Returns

Revenue (TTM)

₩19.07T

▲ +2.2% YoY

Net Income (TTM)

₩5.41T

▲ +10.7% YoY

Net Margin

28.39%

P/E

7.96

Balance Sheet

Total Assets

₩786.01T

Equity

₩60.37T

Total Debt

₩141.59T

Cash & Equiv.

₩144.61T

3Y CAGR: +3.0%

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Held by ETFs

SHG is in 25 US ETFs. The largest of them, with SHG's weight in each:

Shinhan Financial Group Co., Ltd. American Depositary Receipt (SHG) in four numbers

Fair value (book value)
₩55,765.42
Price ₩87,566.79 is 57% above it.
Intrinsic Value
Quality score
76/100
Best check: share count change, -9.7%. Weakest: revenue growth, 3.2%.
Quality
Dividend (TTM)
KRW 0.41
0.00% yield, not raised in the latest year.
Dividends
P/E
7.96
Price to free cash flow 1.94.
Financials

Questions about Shinhan Financial Group Co., Ltd. American Depositary Receipt

Is Shinhan Financial Group Co., Ltd. American Depositary Receipt (SHG) overvalued?

At ₩87,566.79, Shinhan Financial Group Co., Ltd. American Depositary Receipt's price is 57% above the ₩55,765.42 a share fair value that Intrinsiqq's calculator gets from its book value. It trades at 7.96 times earnings and 1.94 times free cash flow. The growth behind that figure is yours to set on the Intrinsic Value tab. See how to tell if a stock is overvalued.

What is Shinhan Financial Group Co., Ltd. American Depositary Receipt's fair value?

Intrinsiqq's calculator puts Shinhan Financial Group Co., Ltd. American Depositary Receipt's fair value at ₩55,765.42 a share. It grows book value per share 0% a year for 5 years, applies an exit P/B of 0.7, and works back at a 10% yearly return. A 25% margin of safety gives a buy-below price of ₩41,824.06. Every input can be changed on the Intrinsic Value tab.

Is Shinhan Financial Group Co., Ltd. American Depositary Receipt a high-quality business?

Shinhan Financial Group Co., Ltd. American Depositary Receipt scores 76 out of 100 on Intrinsiqq's quality score, which makes it a solid business on these measures. The score blends 8 checks computed from company filings. Its best check is share count change at -9.7%, and its weakest is revenue growth at 3.2%. The Quality tab shows every check against its target.

Does Shinhan Financial Group Co., Ltd. American Depositary Receipt (SHG) pay a dividend, and how much?

Yes. Shinhan Financial Group Co., Ltd. American Depositary Receipt (SHG) pays a dividend: KRW 0.41 per share over the last twelve months, a dividend yield of 0.00% at the latest close. Its dividend per share has shrunk at 9.6% a year over the last 4 years. The payout takes about 0.0% of earnings.

Source: company filings. Price: last close 30 Oct 2026. How this is calculated. Sector medians are approximate S&P 500 benchmarks and update periodically. Analysis, not investment advice.

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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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