ING Bank Slaski (WAR:ING) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:ING ING Bank Slaski SA WAR:ING
75 GF Score
Price zł470.00
GF Value zł325.86
Valuation Significantly Overvalued
! 8 Warning Signs
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What is ING Bank Slaski Cyclically Adjusted PS Ratio?

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 5.74 2.95 4.11 3.53 4.56

ING Bank Slaski Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.26 4.07 4.50 5.11 5.55

ING Bank Slaski Cyclically Adjusted PS Ratio Competitor 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
75GF 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=26.245/162.2800*162.2800
=26.245

Current CPI (Jun. 2026) = 162.2800.

ING Bank Slaski Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.528 99.064 13.970
201612 8.914 100.366 14.413
201703 8.950 101.018 14.378
201706 9.366 101.180 15.022
201709 9.586 101.343 15.350
201712 9.764 102.564 15.449
201803 10.035 102.564 15.878
201806 10.377 103.378 16.290
201809 10.650 103.378 16.718
201812 11.080 103.785 17.325
201903 11.294 104.274 17.577
201906 11.855 105.983 18.152
201909 12.228 105.983 18.723
201912 12.287 107.123 18.614
202003 12.574 109.076 18.707
202006 12.380 109.402 18.364
202009 12.871 109.320 19.106
202012 13.281 109.565 19.671
202103 13.143 112.658 18.932
202106 13.472 113.960 19.184
202109 14.352 115.588 20.150
202112 15.902 119.088 21.669
202203 18.709 125.031 24.283
202206 19.364 131.705 23.859
202209 6.607 135.531 7.911
202212 18.998 139.113 22.162
202303 19.886 145.950 22.111
202306 21.336 147.009 23.552
202309 22.275 146.113 24.740
202312 22.789 147.741 25.032
202403 22.247 149.044 24.223
202406 21.811 150.997 23.441
202409 23.391 153.439 24.739
202412 23.452 154.660 24.607
202503 23.443 157.021 24.228
202506 23.855 157.509 24.578
202509 23.601 158.000 24.240
202512 24.750 158.320 25.369
202603 24.223 163.070 24.106
202606 26.245 162.280 26.245

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.

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 zł470.00 is trading 44.2% above its estimated GF Value™ of zł325.86. GuruFocus considers ING Bank Slaski to be Significantly Overvalued.

Key valuation signals for WAR:ING:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: zł325.86 vs. price of zł470.00 (44.2% above fair value)
  • GF Score™: 75/100 with 8 warning signs

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.
75GF 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.

zł470.00
Price
zł325.86
GF Value