A perpendicular magnetic recording medium including: a substrate; a perpendicular magnetic recording layer disposed over the substrate; a soft magnetic underlayer disposed between the substrate and the perpendicular magnetic recording layer; a shunting layer disposed under the soft magnetic underlayer; and an isolation layer disposed between the soft magnetic underlayer and the shunting layer and providing magnetic isolation between the shunting layer and the other layers disposed over the shunting layer are provided. The shunting layer is magnetically separated from the other magnetic layers disposed over the shunting layer, and shunts a magnetic field generated by the magnetic domain walls of the soft magnetic underlayer such that the magnetic field cannot reach a magnetic head, thereby increasing a signal-to-noise ratio (SNR).