This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Shinhan Financial Group Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $28.704. Shinhan Financial Group Co's 10-Year median PS Ratio is 1.2549. Therefore, the Median PS Value for today is $36.02.
As of today (2024-04-24), Shinhan Financial Group Co's share price is $32.43. Shinhan Financial Group Co's Median PS Value is $36.02. Therefore, Shinhan Financial Group Co's Price to Median PS Value for today is 0.90.
The historical rank and industry rank for Shinhan Financial Group Co's Median PS Value or its related term are showing as below:
SHG'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.51 Med: 0.64 Max: 0.9
Current: 0.9
During the past 13 years, the highest Price to Median PS Value of Shinhan Financial Group Co was 0.90. The lowest was 0.51. And the median was 0.64.
SHG's Price-to-Median-PS-Value is ranked worse than 55.46% of 952
companies
in the Banks industry
Industry Median: 0.855
vs SHG: 0.90
Shinhan Financial Group Co Median PS Value Historical Data
The historical data trend for Shinhan Financial Group Co's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, Shinhan Financial Group Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution
For the Banks industry and Financial Services sector, Shinhan Financial Group Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Shinhan Financial Group Co's Price-to-Median-PS-Value falls into.
Shinhan Financial Group Co Median PS Value Calculation
Shinhan Financial Group Co's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.2549.
Shinhan Financial Group Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $28.704.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Shinhan Financial Group Co (NYSE:SHG) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Shinhan Financial Group Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
32.43
/
36.02
=
0.90
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Shinhan Financial Group Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Shinhan Financial Group Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Shinhan Financial Group Co (Shinhan Financial Group Co) Business Description
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.
Shinhan Financial Group Co (Shinhan Financial Group Co) Headlines
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