RY vs. SHG: Royal Bank of Canada vs. Shinhan Financial Stock Comparison

Company Profile

Royal Bank of Canada (RY) 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.

Royal Bank of Canada (RY) trades as ordinary local shares, while Shinhan Financial (SHG) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

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

Royal Bank of Canada (RY) at 16.21% sits in the top ROE quartile, while Shinhan Financial (SHG) at 8.94% is in the bottom quartile, showing a clear gap in returns on equity.

Royal Bank of Canada (RY) at 33.87% 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 Royal Bank of Canada (RY) 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

Royal Bank of Canada (RY) at 15.73% 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.

Only one side can be read here: Shinhan Financial (SHG) reports EPS growth of 16.24%, ranked against its industry; Royal Bank of Canada (RY) has no EPS growth figure this period.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Royal Bank of Canada (RY) 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: Royal Bank of Canada (RY) 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

Royal Bank of Canada (RY) at 3.23% earns its spot in the top quartile of its industry’s yields; Shinhan Financial (SHG) at 4,638.28% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

Shinhan Financial (SHG) at 25.22% pays out a band-typical share of earnings, while Royal Bank of Canada (RY) at 41.49% distributes more than its industry norm — less retained, thinner cover.

Dividend Metrics

Valuation

Shinhan Financial (SHG) at 7.98 sits in the cheaper P/E ratio quartile, while Royal Bank of Canada (RY) at 17.58 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

P/S ratio is set aside for both Royal Bank of Canada (RY) 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 sits in the lower P/B ratio quartile relative to book while Royal Bank of Canada (RY) at 2.92 prices above its industry range — a wide valuation gap against assets.

Valuation Metrics