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Shinhan Financial Group Co (Shinhan Financial Group Co) 3-Year Book Growth Rate : 7.20% (As of Dec. 2023)


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What is Shinhan Financial Group Co 3-Year Book Growth Rate?

Shinhan Financial Group Co's Book Value per Share for the quarter that ended in Dec. 2023 was $79.91.

During the past 12 months, Shinhan Financial Group Co's average Book Value per Share Growth Rate was 5.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was 7.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was 6.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was 6.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Shinhan Financial Group Co was 35.00% per year. The lowest was 3.60% per year. And the median was 7.25% per year.


Competitive Comparison of Shinhan Financial Group Co's 3-Year Book Growth Rate

For the Banks - Regional subindustry, Shinhan Financial Group Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shinhan Financial Group Co's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Shinhan Financial Group Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Shinhan Financial Group Co's 3-Year Book Growth Rate falls into.



Shinhan Financial Group Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


Shinhan Financial Group Co  (NYSE:SHG) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Shinhan Financial Group Co 3-Year Book Growth Rate Related Terms

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Shinhan Financial Group Co (Shinhan Financial Group Co) Business Description

Traded in Other Exchanges
Address
20, Sejong-daero 9-gil, Jung-gu, Seoul, KOR, 04513
Shinhan Financial is Korea's largest banking group. Its 11.2% market share of loans trails KB's 12.8%, but Shinhan has more contribution from nonbank and overseas businesses than rivals. Nonbank units include Shinhan Card, the country's largest credit card company, brokerage firm Shinhan Securities, and a top-five presence in life insurance. It also owns leasing firm Shinhan Capital, Shinhan Asset Management, and regional bank Jeju Bank, among others. Unlike KB, whose predecessor banks were originally founded by the government, Shinhan has always been a private-sector bank, having grown to the top spot organically and through M&A after having been only a second-tier player before the Asian financial crisis.