Should Value Investors Buy Shinhan Financial Group Co (SHG) Stock?

Company Overview - Shinhan Financial Group Co (SHG) currently has a Zacks Rank of 2 (Buy) and an A grade for Value [3][6] - The stock has a P/E ratio of 4.89, significantly lower than the industry average P/E of 9.16 [3][6] - Over the past 52 weeks, SHG's Forward P/E has fluctuated between 4.11 and 6.79, with a median of 5.27 [3] Valuation Metrics - SHG has a PEG ratio of 0.44, compared to the industry average PEG of 0.73 [4][6] - The PEG ratio for SHG has ranged from 0.37 to 0.74 over the past year, with a median of 0.56 [4] - The P/S ratio for SHG is 0.69, while the industry average P/S is 1.38 [5][6] Investment Potential - The metrics indicate that Shinhan Financial Group Co is likely undervalued at the moment [6] - The strength of SHG's earnings outlook further supports its position as a great value stock [6]