GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ING Bank Slaski SA (FRA:6GF) » Definitions » Cyclically Adjusted PB Ratio

ING Bank Slaski (FRA:6GF) Cyclically Adjusted PB Ratio : 2.08 (As of May. 22, 2025)


View and export this data going back to 2018. Start your Free Trial

What is ING Bank Slaski Cyclically Adjusted PB Ratio?

As of today (2025-05-22), ING Bank Slaski's current share price is €70.20. ING Bank Slaski's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €33.71. ING Bank Slaski's Cyclically Adjusted PB Ratio for today is 2.08.

The historical rank and industry rank for ING Bank Slaski's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:6GF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.02   Max: 2.83
Current: 2.17

During the past years, ING Bank Slaski's highest Cyclically Adjusted PB Ratio was 2.83. The lowest was 1.14. And the median was 2.02.

FRA:6GF's Cyclically Adjusted PB Ratio is ranked worse than
87.71% of 1277 companies
in the Banks industry
Industry Median: 1.02 vs FRA:6GF: 2.17

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

ING Bank Slaski's adjusted book value per share data for the three months ended in Mar. 2025 was €34.146. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €33.71 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ING Bank Slaski Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ING Bank Slaski's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ING Bank Slaski Cyclically Adjusted PB Ratio Chart

ING Bank Slaski Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 2.56 1.36 1.97 1.75

ING Bank Slaski Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.57 2.27 1.93 1.75 2.27

Competitive Comparison of ING Bank Slaski's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, ING Bank Slaski's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ING Bank Slaski's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ING Bank Slaski's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ING Bank Slaski's Cyclically Adjusted PB Ratio falls into.


;
;

ING Bank Slaski Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

ING Bank Slaski's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=70.20/33.71
=2.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ING Bank Slaski's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, ING Bank Slaski's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=34.146/157.0208*157.0208
=34.146

Current CPI (Mar. 2025) = 157.0208.

ING Bank Slaski Quarterly Data

Book Value per Share CPI Adj_Book
201506 17.348 100.448 27.119
201509 18.702 99.634 29.474
201512 19.385 99.471 30.600
201603 19.366 98.983 30.721
201606 19.625 99.552 30.954
201609 19.927 99.064 31.585
201612 19.016 100.366 29.750
201703 19.583 101.018 30.440
201706 20.249 101.180 31.424
201709 20.852 101.343 32.308
201712 20.939 102.564 32.057
201803 21.892 102.564 33.516
201806 21.584 103.378 32.784
201809 22.079 103.378 33.536
201812 24.184 103.785 36.589
201903 24.379 104.274 36.711
201906 25.845 105.983 38.291
201909 27.708 105.983 41.051
201912 27.636 107.123 40.509
202003 31.481 109.076 45.319
202006 33.104 109.402 47.513
202009 33.759 109.320 48.489
202012 33.799 109.565 48.439
202103 31.879 112.658 44.433
202106 32.418 113.960 44.667
202109 31.662 115.588 43.011
202112 24.565 119.088 32.390
202203 20.252 125.031 25.434
202206 14.009 131.705 16.702
202209 13.475 135.531 15.612
202212 16.961 139.113 19.144
202303 20.404 145.950 21.952
202306 23.537 147.009 25.140
202309 27.567 146.113 29.625
202312 30.394 147.741 32.303
202403 31.675 149.044 33.370
202406 25.743 150.997 26.770
202409 29.463 153.439 30.151
202412 31.170 154.660 31.646
202503 34.146 157.021 34.146

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


ING Bank Slaski  (FRA:6GF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


ING Bank Slaski Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of ING Bank Slaski's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ING Bank Slaski Business Description

Traded in Other Exchanges
Address
Sokolska Street 34, Katowice, POL, 40-086
ING Bank Slaski SA offers a broad range of banking services rendered to individual and institutional clients in line with the scope of services outlined in the Bank's charter. The Bank runs operations both in the home currency and in foreign currencies. Additionally, through subsidiaries, the Group conducts leasing and factoring activity, advisory and acts as a financial intermediary as well as provides other financial services. The Group's business model includes the division of clients into two main segments namely the retail banking segment and corporate banking segment. The Group pursues business within the territory of the Republic of Poland.

ING Bank Slaski Headlines

No Headlines