Shinhan Financial Group(SHG) ZACKS·2024-11-01 14:46Core Viewpoint - Value investing remains a preferred strategy for identifying strong stocks, focusing on traditional valuation metrics to find undervalued stocks with profit potential [2][3] Company Summary - Shinhan Financial Group Co (SHG) has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong value characteristics [4] - The stock has a P/E ratio of 5.73, significantly lower than the industry average of 9.06, with a 52-week Forward P/E range of 3.67 to 6.79 and a median of 5.32 [4] - SHG's PEG ratio is 0.63, compared to the industry average of 0.70, with a historical range of 0.53 to 1.40 and a median of 0.68 [5] - The P/S ratio for SHG is 0.75, while the industry average is 1.2, indicating a favorable valuation based on sales [6] - SHG's P/CF ratio stands at 4.72, well below the industry average of 13.93, with a historical range of 3.34 to 5.19 and a median of 4.05 [7] - These metrics suggest that SHG is likely undervalued, supported by a strong earnings outlook, making it an attractive value stock [8]