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Shinhan Financial Group CoSHG +2.10%49 EV-to-OCF is 8.94 as of Aug. 08, 2026, which is 41% below its 10-year median of 15.22. GuruFocus rates SHG with a GF Score™ of 49/100 and a GF Value™ of $35.64 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,498 Banks companies, Shinhan Financial Group Co ranks worse than 66.15% on this metric.
The historical rank and industry rank for Shinhan Financial Group Co's EV-to-OCF or its related term are showing as below:
SHG'
s EV-to-OCF Range Over the Past 10 Years
Min: -12722.9 Med: 15.22 Max: 1092.81
Current: 8.94
During the past 13 years, the highest EV-to-OCF of Shinhan Financial Group Co was 1092.81. The lowest was -12722.90. And the median was 15.22.
SHG's EV-to-OCF is ranked worse than 66.15% of 1498
companies
in the Banks industry
Industry Median: 3.98
vs SHG: 8.94
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Shinhan Financial Group Co (NYSE:SHG) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Shinhan Financial Group Co's PE Ratio (TTM) for today is calculated as:
Shinhan Financial Group Co's share price for today is $75.81.
Shinhan Financial Group Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.251.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Shinhan Financial Group Co EV-to-OCF Related Terms
Shinhan Financial Group Co EV-to-OCF 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.
Shinhan Financial Group Co EV-to-OCF Competitor Comparison
For the Banks - Regional subindustry, Shinhan Financial Group Co's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Banks Industry
For the Banks industry and Financial Services sector, Shinhan Financial Group Co's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Shinhan Financial Group Co's EV-to-OCF falls into.
Shinhan Financial Group Co's current Enterprise Value is $102,317 Mil.
Shinhan Financial Group Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,450 Mil.
* 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 (SHG) has a EV-to-OCF of 8.94 as of Aug. 08, 2026. This is 41% below median its historical median of 15.22. According to the industry distribution chart, Shinhan Financial Group Co ranks #991 out of 1498 companies in the Banks industry, placing it in the top 66.2%.
Is Shinhan Financial Group Co's EV-to-OCF too high?
Shinhan Financial Group Co's current EV-to-OCF of 8.94 is 41% below median its 10-year median of 15.22. The Banks industry median EV-to-OCF is 3.98. Shinhan Financial Group Co's value of 8.94 is 124.6% above this industry median. Based on the distribution chart, Shinhan Financial Group Co ranks #991 out of 1498 companies in the Banks industry, which is below the industry midpoint. Overall, Shinhan Financial Group Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinhan Financial Group Co's EV-to-OCF compare to competitors?
According to the Banks industry distribution chart, Shinhan Financial Group Co ranks #991 out of 1498 companies for EV-to-OCF. This places Shinhan Financial Group Co in the lower half of its industry. The industry median EV-to-OCF is 3.98. Shinhan Financial Group Co's value of 8.94 is 124.6% above this benchmark. While the company's 10-year median is 15.22 vs. the industry median of 3.98, Shinhan Financial Group Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Banks company?
The median EV-to-OCF among Banks companies is 3.98, based on 1,498 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shinhan Financial Group Co's current EV-to-OCF of 8.94 is 124.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median EV-to-OCF is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinhan Financial Group Co's current EV-to-OCF is 8.94, which is 41% below median its own 10-year median of 15.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinhan Financial Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shinhan Financial Group Co (SHG) is currently considered Significantly Overvalued. The stock's GF Value™ is $35.64, compared to a current price of $75.81 — trading 112.7% above its estimated fair value. The current EV-to-OCF is 8.94, which is 41% below median its 10-year median of 15.22 and 124.6% above the Banks industry median of 3.98. Shinhan Financial Group Co's overall GF Score™ is 49/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Shinhan Financial Group Co (SHG), the current EV-to-OCF is 8.94 as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shinhan Financial Group Co (SHG) Overvalued in 2026?
Based on GuruFocus' analysis, Shinhan Financial Group Co stock appears to be overvalued.
The current stock price of $75.81 is trading 112.7% above its estimated GF Value™ of $35.64.
GuruFocus considers Shinhan Financial Group Co to be Significantly Overvalued.
Key valuation signals for SHG:
EV-to-OCF: 8.94 (41% below median its 10-year median of 15.22)
GF Value™: $35.64 vs. price of $75.81 (112.7% above fair value)
Industry Position: 124.6% above the Banks median (#991 of 1498)
No single metric tells the full story. See the SHG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinhan Financial Group Co Ltd is a Korean banking group. Along with its subsidiaries the company provides, comprehensive financial services which consist of commercial banking services, credit card services, securities services, insurance, credit services, and asset management services, including securities investment trust management, investment advisory, call transaction, domestic and foreign private equity fund business, and other services. The majority of the revenue is generated from its Banking business which includes retail, corporate, international, and other banking services the company offers.
49GF Score
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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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