ING Bank Slaski (WAR:ING) Cyclically Adjusted PS Ratio: 6.28 (As of Jul. 15, 2026) — 31% Above Median

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WAR:ING ING Bank Slaski SA WAR:ING
71 GF Score
Price zł473.00
GF Value zł321.02
Valuation Significantly Overvalued
! 10 Warning Signs
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What is ING Bank Slaski Cyclically Adjusted PS Ratio?

ING Bank Slaski WAR:ING -0.92% 71 Cyclically Adjusted PS Ratio is 6.28 as of Jul. 15, 2026, which is 31% above its 10-year median of 4.81. GuruFocus rates WAR:ING with a GF Score™ of 71/100 and a GF Value™ of zł321.02 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,306 Banks companies, ING Bank Slaski ranks worse than 87.83% on this metric.

As of today (2026-07-15), ING Bank Slaski's current share price is zł473.00. ING Bank Slaski's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł75.34. ING Bank Slaski's Cyclically Adjusted PS Ratio for today is 6.28.

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

WAR:ING' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.78   Med: 4.81   Max: 7.2
Current: 6.29

During the past years, ING Bank Slaski's highest Cyclically Adjusted PS Ratio was 7.20. The lowest was 2.78. And the median was 4.81.

WAR:ING's Cyclically Adjusted PS Ratio is ranked worse than
87.83% of 1306 companies
in the Banks industry
Industry Median: 3.345 vs WAR:ING: 6.29

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

ING Bank Slaski's adjusted revenue per share data for the three months ended in Mar. 2026 was zł23.317. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is zł75.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ING Bank Slaski  (WAR:ING) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


ING Bank Slaski Cyclically Adjusted PS Ratio Related Terms


ING Bank Slaski Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ING Bank Slaski's Cyclically Adjusted PS 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.

ING Bank Slaski Cyclically Adjusted PS Ratio Chart

ING Bank Slaski Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.50 3.24 4.37 3.66 4.74

ING Bank Slaski Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 4.67 4.49 4.29 4.74 5.39

WAR:ING vs PNC: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, ING Bank Slaski's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Banks Industry

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

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


WAR:ING
71GF Score
ING Bank Slaski SA WAR:ING
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ING Bank Slaski Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=473.00/75.34
=6.28

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, ING Bank Slaski's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=23.317/163.0700*163.0700
=23.317

Current CPI (Mar. 2026) = 163.0700.

ING Bank Slaski Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.860 99.552 14.513
201609 8.261 99.064 13.599
201612 8.521 100.366 13.844
201703 8.726 101.018 14.086
201706 9.155 101.180 14.755
201709 9.339 101.343 15.027
201712 9.482 102.564 15.076
201803 9.661 102.564 15.360
201806 10.071 103.378 15.886
201809 10.039 103.378 15.836
201812 10.503 103.785 16.503
201903 10.656 104.274 16.665
201906 11.155 105.983 17.164
201909 11.406 105.983 17.550
201912 11.489 107.123 17.489
202003 11.978 109.076 17.907
202006 11.592 109.402 17.279
202009 11.902 109.320 17.754
202012 12.438 109.565 18.512
202103 12.264 112.658 17.752
202106 12.701 113.960 18.174
202109 13.406 115.588 18.913
202112 14.482 119.088 19.830
202203 17.661 125.031 23.034
202206 18.208 131.705 22.544
202209 5.511 135.531 6.631
202212 17.868 139.113 20.945
202303 18.866 145.950 21.079
202306 20.217 147.009 22.426
202309 20.455 146.113 22.829
202312 22.189 147.741 24.491
202403 21.160 149.044 23.151
202406 20.705 150.997 22.360
202409 22.350 153.439 23.753
202412 22.259 154.660 23.469
202503 22.360 157.021 23.221
202506 22.342 157.509 23.131
202509 22.626 158.000 23.352
202512 23.479 158.320 24.183
202603 23.317 163.070 23.317

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 6.28 mean?
ING Bank Slaski (WAR:ING) has a Cyclically Adjusted PS Ratio of 6.28 as of Jul. 15, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on ING Bank Slaski and its competitors. This is 31% above median its historical median of 4.81. Over the past decade, ING Bank Slaski's Cyclically Adjusted PS Ratio has ranged from 2.78 to 7.20. According to the industry distribution chart, ING Bank Slaski ranks #1147 out of 1306 companies in the Banks industry, placing it in the top 87.8%.
Is ING Bank Slaski's Cyclically Adjusted PS Ratio too high?
ING Bank Slaski's current Cyclically Adjusted PS Ratio of 6.28 is 31% above median its 10-year median of 4.81. Over the past 10 years, this metric has ranged from a low of 2.78 to a high of 7.20. The Banks industry median Cyclically Adjusted PS Ratio is 3.35. ING Bank Slaski's value of 6.28 is 87.7% above this industry median. Based on the distribution chart, ING Bank Slaski ranks #1147 out of 1306 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, ING Bank Slaski has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ING Bank Slaski's Cyclically Adjusted PS Ratio compare to PNC?
According to the Banks industry distribution chart, ING Bank Slaski ranks #1147 out of 1306 companies for Cyclically Adjusted PS Ratio. This places ING Bank Slaski in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.35. ING Bank Slaski's value of 6.28 is 87.7% above this benchmark. Historically, ING Bank Slaski's own Cyclically Adjusted PS Ratio has ranged from 2.78 to 7.20 over the past decade. While the company's 10-year median is 4.81 vs. the industry median of 3.35, ING Bank Slaski has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.35, based on 1,306 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ING Bank Slaski's current Cyclically Adjusted PS Ratio of 6.28 is 87.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on ING Bank Slaski and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ING Bank Slaski's current Cyclically Adjusted PS Ratio is 6.28, which is 31% above median its own 10-year median of 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ING Bank Slaski stock overvalued right now?
Based on GuruFocus' analysis, ING Bank Slaski (WAR:ING) is currently considered Significantly Overvalued. The stock's GF Value™ is zł321.02, compared to a current price of zł473.00 — trading 47.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.28, which is 31% above median its 10-year median of 4.81 and 87.7% above the Banks industry median of 3.35. ING Bank Slaski's overall GF Score™ is 71/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For ING Bank Slaski (WAR:ING), the current Cyclically Adjusted PS Ratio is 6.28 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ING Bank Slaski (WAR:ING) Overvalued in 2026?

Based on GuruFocus' analysis, ING Bank Slaski stock appears to be overvalued. The current stock price of zł473.00 is trading 47.3% above its estimated GF Value™ of zł321.02. GuruFocus considers ING Bank Slaski to be Significantly Overvalued.

Key valuation signals for WAR:ING:

  • Cyclically Adjusted PS Ratio: 6.28 (31% above median its 10-year median of 4.81)
  • GF Value™: zł321.02 vs. price of zł473.00 (47.3% above fair value)
  • GF Score™: 71/100 with 10 warning signs
  • Industry Position: 87.7% above the Banks median (#1147 of 1306)

No single metric tells the full story. See the WAR:ING stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ING Bank Slaski Business Description

Other Exchanges 0MNY:UK6GF:Germany
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.
71GF Score

Get the complete analysis for WAR:ING

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł473.00
Price
zł321.02
GF Value