MUFG vs. SHG: Mitsubishi UFJ Financial vs. Shinhan Financial Stock Comparison

Company Profile

Mitsubishi UFJ Financial (MUFG) and Shinhan Financial (SHG) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

Both Mitsubishi UFJ Financial (MUFG) and Shinhan Financial (SHG) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both Mitsubishi UFJ Financial (MUFG) at 9.46% and Shinhan Financial (SHG) at 8.94% produce bottom-quartile ROE versus peers, pointing to weaker profit generation on shareholders’ equity.

Mitsubishi UFJ Financial (MUFG) at 27.45% keeps about the industry-typical share of revenue as profit, while Shinhan Financial (SHG) at 26.15% retains only a bottom-quartile share.

Neither side reports a meaningful operating margin: for Mitsubishi UFJ Financial (MUFG) in Banks and Shinhan Financial (SHG) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Mitsubishi UFJ Financial (MUFG) at 9.98% is around its peer norm for revenue growth, while Shinhan Financial (SHG) at 4.66% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Mitsubishi UFJ Financial (MUFG) at 33.15% sits in the top EPS growth quartile, while Shinhan Financial (SHG) at 16.24% is closer to the peer norm — faster per-share earnings growth for MUFG.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Mitsubishi UFJ Financial (MUFG) in Banks and Shinhan Financial (SHG) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: Mitsubishi UFJ Financial (MUFG) in Banks and Shinhan Financial (SHG) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

Both Mitsubishi UFJ Financial (MUFG) at 406.81% and Shinhan Financial (SHG) at 4,638.28% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

Both Mitsubishi UFJ Financial (MUFG) at 34.74% and Shinhan Financial (SHG) at 25.22% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

Dividend Metrics

Valuation

Shinhan Financial (SHG) at 7.98 sits in the cheaper P/E ratio quartile, while Mitsubishi UFJ Financial (MUFG) at 13.71 is closer to its industry’s usual earnings multiple — a discount for SHG, though growth and earnings durability still matter.

P/S ratio is set aside for both Mitsubishi UFJ Financial (MUFG) in Banks and Shinhan Financial (SHG) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.

Shinhan Financial (SHG) at 0.66 looks cheap against book in the lower P/B ratio quartile, while Mitsubishi UFJ Financial (MUFG) at 1.64 carries a premium in the upper quartile — a clear price-to-book gap.

Valuation Metrics