Shinhan Financial Group Co (MEX:SHG N) Market Cap: MXN446,081 Mil (As of Aug. 09, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:SHG N Shinhan Financial Group Co Ltd MEX:SHG N
51 GF Score
Price MXN950.22
GF Value MXN475.62
! 7 Warning Signs
View Full Analysis

What is Shinhan Financial Group Co Market Cap?

Shinhan Financial Group Co MEX:SHG N 51 Market Cap is MXN446,081 Mil as of Aug. 09, 2026. GuruFocus rates MEX:SHG N with a GF Score™ of 51/100 and a GF Value™ of MXN475.62. The stock has 7 warning signs investors should review. Among 1,542 Banks companies, Shinhan Financial Group Co ranks better than 94.55% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Shinhan Financial Group Co's share price for the quarter that ended in Mar. 2026 was MXN950.22. Shinhan Financial Group Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 473 Mil. Therefore, Shinhan Financial Group Co's market cap for the quarter that ended in Mar. 2026 was MXN449,059 Mil.

Shinhan Financial Group Co's quarterly market cap declined from Sep. 2025 (MXN457,621 Mil) to Dec. 2025 (MXN453,404 Mil) and declined from Dec. 2025 (MXN453,404 Mil) to Mar. 2026 (MXN449,059 Mil).

Shinhan Financial Group Co's annual market cap increased from Dec. 2023 (MXN246,470 Mil) to Dec. 2024 (MXN399,088 Mil) and increased from Dec. 2024 (MXN399,088 Mil) to Dec. 2025 (MXN453,404 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Shinhan Financial Group Co's Enterprise Value for Today is MXN1,599,552 Mil.


Shinhan Financial Group Co  (MEX:SHG N) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Shinhan Financial Group Co Market Cap Related Terms


Shinhan Financial Group Co Market Cap Historical Data

* Premium members only.

The historical data trend for Shinhan Financial Group Co's Market Cap 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.

Shinhan Financial Group Co Market Cap Chart

Shinhan Financial Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 328,832.11 334,863.07 246,470.11 399,088.00 453,404.12

Shinhan Financial Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 396,673.60 388,396.00 457,621.20 453,404.12 449,058.77

Shinhan Financial Group Co Market Cap Competitor Comparison

For the Banks - Regional subindustry, Shinhan Financial Group Co's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Banks Industry

For the Banks industry and Financial Services sector, Shinhan Financial Group Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Shinhan Financial Group Co's Market Cap falls into.


MEX:SHG N
51GF Score
Shinhan Financial Group Co Ltd MEX:SHG N
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinhan Financial Group Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Shinhan Financial Group Co's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=MXN950.22*477.157
=MXN453,404

Shinhan Financial Group Co's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=MXN950.22*472.584
=MXN449,059

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of MXN446,081 Mil mean?
Shinhan Financial Group Co (MEX:SHG N) has a Market Cap of MXN446,081 Mil as of Aug. 09, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Shinhan Financial Group Co and its competitors. According to the industry distribution chart, Shinhan Financial Group Co ranks #84 out of 1542 companies in the Banks industry, placing it in the top 5.4%.
Is Shinhan Financial Group Co's Market Cap too high?
Shinhan Financial Group Co's current Market Cap is MXN446,081 Mil. Based on the distribution chart, Shinhan Financial Group Co ranks #84 out of 1542 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Shinhan Financial Group Co has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Shinhan Financial Group Co's Market Cap compare to competitors?
According to the Banks industry distribution chart, Shinhan Financial Group Co ranks #84 out of 1542 companies for Market Cap. This places Shinhan Financial Group Co in the top 5% of its industry — outperforming the majority of peers. The industry median Market Cap is 739.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Banks company?
The median Market Cap among Banks companies is 739.15, based on 1,542 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Shinhan Financial Group Co and its competitors. For the Banks industry, the median Market Cap is 739.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinhan Financial Group Co's current Market Cap is MXN446,081 Mil. 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?
Shinhan Financial Group Co (MEX:SHG N) has a current Market Cap of MXN446,081 Mil. The stock's GF Value™ is MXN475.62, compared to a current price of MXN950.22 — trading 99.8% above its estimated fair value. The current Market Cap is MXN446,081 Mil. Shinhan Financial Group Co's overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Shinhan Financial Group Co (MEX:SHG N), the current Market Cap is MXN446,081 Mil as of Aug. 09, 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 (MEX:SHG N) Overvalued in 2026?

Based on GuruFocus' analysis, Shinhan Financial Group Co stock appears to be overvalued. The current stock price of MXN950.22 is trading 99.8% above its estimated GF Value™ of MXN475.62.

Key valuation signals for MEX:SHG N:

  • Market Cap: MXN446,081 Mil
  • GF Value™: MXN475.62 vs. price of MXN950.22 (99.8% above fair value)
  • GF Score™: 51/100 with 7 warning signs

No single metric tells the full story. See the MEX:SHG N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinhan Financial Group Co Business Description

Address 20, Sejong-daero 9-gil, Jung-gu, Seoul, KOR, 04513
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.
51GF Score

Get the complete analysis for MEX:SHG N

Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN950.22
Price
MXN475.62
GF Value