* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Shinhan Financial Group Co's PEG Ratio or its related term are showing as below:
SHG'
s PEG Ratio Range Over the Past 10 Years
Min: 0.55 Med: 1.58 Max: 2.01
Current: 0.84
During the past 13 years, Shinhan Financial Group Co's highest PEG Ratio was 2.01. The lowest was 0.55. And the median was 1.58.
SHG's PEG Ratio is ranked better than 66.84% of 1131
companies
in the Banks industry
Industry Median: 1.42
vs SHG: 0.84
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Shinhan Financial Group Co PEG Ratio Historical Data
* 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.
Competitive Comparison of Shinhan Financial Group Co's PEG Ratio
For the Banks - Regional subindustry, Shinhan Financial Group Co's PEG Ratio, along with its competitors' market caps and PEG Ratio 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 PEG Ratio Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Shinhan Financial Group Co's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Shinhan Financial Group Co's PEG Ratio falls into.
Shinhan Financial Group Co PEG Ratio Calculation
PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio.
The ratio we use is the 5-Year Book Value growth rate.
* 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.
* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Shinhan Financial Group Co (NYSE:SHG) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Shinhan Financial Group Co PEG Ratio Related Terms
Thank you for viewing the detailed overview of Shinhan Financial Group Co's PEG Ratio 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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