Shinhan Financial Group Co - Stock

Shinhan Financial Group Co P/E 2024

Shinhan Financial Group Co P/E

5.12

Ticker

055550.KS

ISIN

KR7055550008

WKN

798201

As of Jun 29, 2024, Shinhan Financial Group Co's P/E ratio was 5.12, a 18.79% change from the 4.31 P/E ratio recorded in the previous year.

The Shinhan Financial Group Co P/E history

Shinhan Financial Group Co Aktienanalyse

What does Shinhan Financial Group Co do?

Shinhan Financial Group Co Ltd is a South Korean company that was founded in 2001. It is one of the largest bank and financial holding companies in South Korea and offers a wide range of financial services, including banking, lending, asset management, and insurance services. The history of Shinhan Financial Group dates back to 1897 when the first Korean currency, the Daedongyeojido, was issued. The predecessor of today's Shinhan Bank was established in 1898 and has evolved over the decades to become one of the leading banks in South Korea. In 2001, Shinhan Financial Group was founded to consolidate the various financial services companies of the Shinhan Group. Over the years, the company has expanded through a series of mergers and acquisitions and is now a significant player in the global financial services market. The business model of Shinhan Financial Group is focused on offering customers a wide range of financial products and services to meet their financial needs. The company aims to be at the forefront of competition through innovative products and high levels of service. The company also has a strong presence in the real estate market, offering a variety of residential and commercial properties. Shinhan Financial Group is divided into various business sectors, including Shinhan Bank, Shinhan Investment Corp, Shinhan Life Insurance Co Ltd, Shinhan BNP Paribas Asset Management Co Ltd, and Shinhan Card Co Ltd. Each of these business sectors offers a specialized range of products and services. Shinhan Bank is the core of Shinhan Financial Group's operations and offers a variety of banking services, including savings accounts, loans, foreign exchange trading, and trade finance. The bank also has a strong presence in investment banking, supporting mergers and acquisitions and assisting companies and governments in raising capital. Shinhan Life Insurance is a major provider of life insurance in South Korea and offers a variety of life insurance products and services. The company has a strong presence in the South Korean market and has become a key player in the global insurance market. Shinhan Investment is one of the leading investment banks in South Korea and offers comprehensive investment services to its clients, including corporate and government bonds, asset management, and investment funds. The company also has a strong presence in the international capital market. Shinhan BNP Paribas Asset Management is a joint venture between Shinhan Financial Group and the French bank BNP Paribas. The company offers a wide range of asset management services, including investment funds, pensions, and wealth management for high net worth clients. Shinhan Card is a leading provider of credit cards in South Korea and offers a comprehensive range of credit card products and services. The company also has a strong presence in the online payment market and is involved in the development of mobile payment technologies. In summary, Shinhan Financial Group is a major player in the South Korean and global financial services market. The company offers a wide range of products and services tailored to the needs of its customers and strives for innovation and high service quality. The company has a long history in South Korea and has expanded through mergers and acquisitions in recent years. Shinhan Financial Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Shinhan Financial Group Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Shinhan Financial Group Co is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Shinhan Financial Group Co's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Shinhan Financial Group Co is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Shinhan Financial Group Co’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Shinhan Financial Group Co Stock

What is the price-to-earnings ratio of Shinhan Financial Group Co?

The price-earnings ratio of Shinhan Financial Group Co is currently 5.12.

How has the price-earnings ratio of Shinhan Financial Group Co changed compared to last year?

The price-to-earnings ratio of Shinhan Financial Group Co has increased by 18.79% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Shinhan Financial Group Co high compared to other companies?

Yes, the price-to-earnings ratio of Shinhan Financial Group Co is high compared to other companies.

How does an increase in the price-earnings ratio of Shinhan Financial Group Co affect the company?

An increase in the price-earnings ratio of Shinhan Financial Group Co would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Shinhan Financial Group Co affect the company?

A decrease in the price-earnings ratio of Shinhan Financial Group Co would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Shinhan Financial Group Co?

Some factors that influence the price-earnings ratio of Shinhan Financial Group Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Shinhan Financial Group Co pay?

Over the past 12 months, Shinhan Financial Group Co paid a dividend of 1,575 KRW . This corresponds to a dividend yield of about 3.31 %. For the coming 12 months, Shinhan Financial Group Co is expected to pay a dividend of 1,680.43 KRW.

What is the dividend yield of Shinhan Financial Group Co?

The current dividend yield of Shinhan Financial Group Co is 3.31 %.

When does Shinhan Financial Group Co pay dividends?

Shinhan Financial Group Co pays a quarterly dividend. This is distributed in the months of July, October, March, April.

How secure is the dividend of Shinhan Financial Group Co?

Shinhan Financial Group Co paid dividends every year for the past 18 years.

What is the dividend of Shinhan Financial Group Co?

For the upcoming 12 months, dividends amounting to 1,680.43 KRW are expected. This corresponds to a dividend yield of 3.53 %.

In which sector is Shinhan Financial Group Co located?

Shinhan Financial Group Co is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Shinhan Financial Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shinhan Financial Group Co from 5/10/2024 amounting to 540 KRW, you needed to have the stock in your portfolio before the ex-date on 3/28/2024.

When did Shinhan Financial Group Co pay the last dividend?

The last dividend was paid out on 5/10/2024.

What was the dividend of Shinhan Financial Group Co in the year 2023?

In the year 2023, Shinhan Financial Group Co distributed 2,065 KRW as dividends.

In which currency does Shinhan Financial Group Co pay out the dividend?

The dividends of Shinhan Financial Group Co are distributed in KRW.

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Andere Kennzahlen von Shinhan Financial Group Co

Our stock analysis for Shinhan Financial Group Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shinhan Financial Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.