(SHG) Shinhan Financial - Ratings and Ratios

Shinhan Financial Group Co., Ltd. is a South Korean financial conglomerate offering a diverse range of financial services globally. The company operates through six primary segments: Banking, Credit Card, Securities, Insurance, Credit, and Others. It provides comprehensive retail banking services, including demand, savings, and fixed deposits, checking accounts, mortgage and home equity loans, retail lending, electronic banking, ATM services, bill paying, payroll services, check-cashing, currency exchange, and wire fund transfers. Additionally, the company offers corporate banking services such as investment banking, real estate financing, overseas development project financing, infrastructure and structured financing, equity and venture investments, mergers and acquisitions consulting, securitization, derivatives, foreign exchange trading, business expansion financing, and consulting services. It also engages in treasury and investment activities in international capital markets, including foreign securities trading, foreign exchange services, trade-related financial services, international factoring, and foreign banking operations. Furthermore, Shinhan provides real estate trust services, investment advisory, venture business investment, life and non-life insurance, trust account management, securities brokerage, asset management, leasing, equipment financing, savings banking, loan collection, credit reporting, collective investment administration, private equity investment, and financial system development. The company also offers transaction history inquiries, fund transfers, letters of credit, trade finance, payment and collection management, sales and acquisition settlement, business-to-business settlement, sweeping, pooling, ERP interface, host-to-host banking, SWIFT SCORE, and cash and liquidity management services.

Shinhan Financial Group Co., Ltd. is listed on the NYSE under the ticker symbol SHG, classified as a common stock from South Korea within the Diversified Banks sub-industry. The company has a market capitalization of $16,671.16 million USD, with a price-to-earnings ratio of 5.64 and a forward P/E of 4.08. It has a price-to-book ratio of 0.42 and a return on equity of 7.73. The average 20-day volume is 211,163 shares, with a last price of $33.94. The SMA 20, SMA 50, and SMA 200 are $32.30, $32.60, and $37.32 respectively, with an ATR of 0.93.

Over the next three months, based on the technical and fundamental data, Shinhan Financial Group Co., Ltd. (SHG) is expected to experience a potential price correction. The SMA 20 ($32.30) is below the SMA 50 ($32.60), indicating a bearish trend. The ATR of 0.93 suggests moderate volatility, with possible price fluctuations within a narrow range. Fundamentally, the P/E ratio of 5.64 and forward P/E of 4.08 suggest undervaluation, while the P/B ratio of 0.42 indicates a potential buying opportunity. The RoE of 7.73 reflects moderate profitability. Overall, SHG is likely to see sideways movement with a slight downward bias, targeting $31.50 as support and $34.50 as resistance, with a potential breakout above $35.00 if market conditions improve.