Shinhan Financial Group Co's quarterly market cap
increased
from Jun. 2023 ($13,508 Mil) to Sep. 2023 ($13,656 Mil) and
increased
from Sep. 2023 ($13,656 Mil) to Dec. 2023 ($15,783 Mil).
Shinhan Financial Group Co's annual market cap
declined
from Dec. 2021 ($15,968 Mil) to Dec. 2022 ($14,210 Mil) but then
increased
from Dec. 2022 ($14,210 Mil) to Dec. 2023 ($15,783 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 $85,418 Mil.
Shinhan Financial Group Co Market Cap 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 Market Cap
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's Market Cap Distribution in the 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.
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.
* 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) 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 companys 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
Thank you for viewing the detailed overview of Shinhan Financial Group Co's Market Cap 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.
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