Shinhan Financial Group Stock Price To Sales

SHG Stock  USD 34.16  2.31  7.25%   
Shinhan Financial Group fundamentals help investors to digest information that contributes to Shinhan Financial's financial success or failures. It also enables traders to predict the movement of Shinhan Stock. The fundamental analysis module provides a way to measure Shinhan Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shinhan Financial stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.55  0.53 
The current Price To Sales Ratio is estimated to decrease to 0.53.
  
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Shinhan Financial Group Company Price To Sales Analysis

Shinhan Financial's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Shinhan Financial Price To Sales

    
  0 X  
Most of Shinhan Financial's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shinhan Financial Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Shinhan Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Shinhan Financial is extremely important. It helps to project a fair market value of Shinhan Stock properly, considering its historical fundamentals such as Price To Sales. Since Shinhan Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Shinhan Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Shinhan Financial's interrelated accounts and indicators.
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Shinhan Price To Sales Historical Pattern

Today, most investors in Shinhan Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Shinhan Financial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Shinhan Financial price to sales as a starting point in their analysis.
   Shinhan Financial Price To Sales   
       Timeline  
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Shinhan Price To Sales Ratio

Price To Sales Ratio

0.53

At this time, Shinhan Financial's Price To Sales Ratio is most likely to slightly decrease in the upcoming years.
Based on the latest financial disclosure, Shinhan Financial Group has a Price To Sales of 0.0011 times. This is 99.95% lower than that of the Banks sector and significantly higher than that of the Financials industry. The price to sales for all United States stocks is 99.99% higher than that of the company.

Shinhan Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shinhan Financial's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shinhan Financial could also be used in its relative valuation, which is a method of valuing Shinhan Financial by comparing valuation metrics of similar companies.
Shinhan Financial is currently under evaluation in price to sales category among related companies.

Shinhan Financial Current Valuation Drivers

We derive many important indicators used in calculating different scores of Shinhan Financial from analyzing Shinhan Financial's financial statements. These drivers represent accounts that assess Shinhan Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Shinhan Financial's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap21.0T16.2T19.6T18.8T20.1T13.7T
Enterprise Value98.9T87.6T103.2T107.4T127.8T134.2T

Shinhan Fundamentals

About Shinhan Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shinhan Financial Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shinhan Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shinhan Financial Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Shinhan Financial is a strong investment it is important to analyze Shinhan Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shinhan Financial's future performance. For an informed investment choice regarding Shinhan Stock, refer to the following important reports:
Check out Shinhan Financial Piotroski F Score and Shinhan Financial Altman Z Score analysis.
Note that the Shinhan Financial information on this page should be used as a complementary analysis to other Shinhan Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Shinhan Stock analysis

When running Shinhan Financial's price analysis, check to measure Shinhan Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shinhan Financial is operating at the current time. Most of Shinhan Financial's value examination focuses on studying past and present price action to predict the probability of Shinhan Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinhan Financial's price. Additionally, you may evaluate how the addition of Shinhan Financial to your portfolios can decrease your overall portfolio volatility.
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Is Shinhan Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shinhan Financial. If investors know Shinhan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shinhan Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.614
Dividend Share
1.6 K
Earnings Share
5.84
Revenue Per Share
29.9 K
Quarterly Revenue Growth
5.466
The market value of Shinhan Financial is measured differently than its book value, which is the value of Shinhan that is recorded on the company's balance sheet. Investors also form their own opinion of Shinhan Financial's value that differs from its market value or its book value, called intrinsic value, which is Shinhan Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shinhan Financial's market value can be influenced by many factors that don't directly affect Shinhan Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shinhan Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shinhan Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shinhan Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.