We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Shinhan Financial Group Co (SHG) Stock Undervalued Right Now?
Read MoreHide Full Article
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company value investors might notice is Shinhan Financial Group Co (SHG - Free Report) . SHG is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with a P/E ratio of 5.78, which compares to its industry's average of 9.42. Over the last 12 months, SHG's Forward P/E has been as high as 6.79 and as low as 4.11, with a median of 5.15.
Investors will also notice that SHG has a PEG ratio of 0.50. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. SHG's PEG compares to its industry's average PEG of 0.75. SHG's PEG has been as high as 0.74 and as low as 0.37, with a median of 0.54, all within the past year.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. SHG has a P/S ratio of 0.83. This compares to its industry's average P/S of 1.57.
Finally, investors should note that SHG has a P/CF ratio of 4.57. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. SHG's P/CF compares to its industry's average P/CF of 16.08. Over the past year, SHG's P/CF has been as high as 5.52 and as low as 3.20, with a median of 4.19.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Shinhan Financial Group Co is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, SHG feels like a great value stock at the moment.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Shinhan Financial Group Co (SHG) Stock Undervalued Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company value investors might notice is Shinhan Financial Group Co (SHG - Free Report) . SHG is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with a P/E ratio of 5.78, which compares to its industry's average of 9.42. Over the last 12 months, SHG's Forward P/E has been as high as 6.79 and as low as 4.11, with a median of 5.15.
Investors will also notice that SHG has a PEG ratio of 0.50. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. SHG's PEG compares to its industry's average PEG of 0.75. SHG's PEG has been as high as 0.74 and as low as 0.37, with a median of 0.54, all within the past year.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. SHG has a P/S ratio of 0.83. This compares to its industry's average P/S of 1.57.
Finally, investors should note that SHG has a P/CF ratio of 4.57. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. SHG's P/CF compares to its industry's average P/CF of 16.08. Over the past year, SHG's P/CF has been as high as 5.52 and as low as 3.20, with a median of 4.19.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Shinhan Financial Group Co is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, SHG feels like a great value stock at the moment.