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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Shinhan Financial Group Co's Goodwill for the quarter that ended in Jun. 2026 was $0 Mil. Shinhan Financial Group Co's Total Assets for the quarter that ended in Jun. 2026 was $549,798 Mil.
Therefore, Shinhan Financial Group Co's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.
Shinhan Financial Group Co (NYSE:SHG) Goodwill-to-Asset Explanation
If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.
Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.
Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.
Shinhan Financial Group Co Goodwill-to-Asset Related Terms
Shinhan Financial Group Co Goodwill-to-Asset 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 Goodwill-to-Asset Chart
Shinhan Financial Group Co Goodwill-to-Asset Competitor Comparison
For the Banks - Regional subindustry, Shinhan Financial Group Co's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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 Goodwill-to-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Shinhan Financial Group Co's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Shinhan Financial Group Co's Goodwill-to-Asset falls into.
* 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 Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Shinhan Financial Group Co and its competitors.
Is Shinhan Financial Group Co's Goodwill-to-Asset too high?
Shinhan Financial Group Co's current Goodwill-to-Asset is 0.00. Overall, Shinhan Financial Group Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinhan Financial Group Co's Goodwill-to-Asset compare to competitors?
Shinhan Financial Group Co's Goodwill-to-Asset of 0.00 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Banks company?
A good Goodwill-to-Asset depends on the Banks industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Shinhan Financial Group Co and its competitors. Shinhan Financial Group Co's current Goodwill-to-Asset is 0.00. 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 $44.66, compared to a current price of $74.63 — trading 67.1% above its estimated fair value. The current Goodwill-to-Asset is 0.00. Shinhan Financial Group Co's overall GF Score™ is 55/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Shinhan Financial Group Co (SHG), the current Goodwill-to-Asset is 0.00 as of Jun. 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 $74.63 is trading 67.1% above its estimated GF Value™ of $44.66.
GuruFocus considers Shinhan Financial Group Co to be Significantly Overvalued.
Key valuation signals for SHG:
Goodwill-to-Asset: 0.00
GF Value™: $44.66 vs. price of $74.63 (67.1% above fair value)
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.
55GF Score
Get the complete analysis for SHG
Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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