SELECT * FROM `stock_list` where symbol='INGA' AND exchange = 'XAMS' ORDER BY delisted ASC limit 0,1
SELECT * FROM `stock_list` where symbol='INGA' AND exchange = 'XAMS' ORDER BY delisted ASC limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "INGA" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) ORDER BY delisted ASC limit 0,1 ING Groep NV (XAMS:INGA) Cyclically Adjusted PS Ratio
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ING Groep NV (XAMS:INGA) Cyclically Adjusted PS Ratio : 2.91 (As of May. 01, 2024)


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What is ING Groep NV Cyclically Adjusted PS Ratio?

As of today (2024-05-01), ING Groep NV's current share price is €14.862. ING Groep NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €5.10. ING Groep NV's Cyclically Adjusted PS Ratio for today is 2.91.

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

XAMS:INGA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.75   Max: 3.06
Current: 2.91

During the past years, ING Groep NV's highest Cyclically Adjusted PS Ratio was 3.06. The lowest was 0.25. And the median was 0.75.

XAMS:INGA's Cyclically Adjusted PS Ratio is ranked worse than
64.43% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs XAMS:INGA: 2.91

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 Groep NV's adjusted revenue per share data for the three months ended in Dec. 2023 was €1.618. 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 €5.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ING Groep NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ING Groep NV'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.

* Premium members only.

ING Groep NV Cyclically Adjusted PS Ratio Chart

ING Groep NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 1.01 1.98 2.06 2.65

ING Groep NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.06 2.07 2.45 2.32 2.65

Competitive Comparison of ING Groep NV's Cyclically Adjusted PS Ratio

For the Banks - Diversified subindustry, ING Groep NV'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 Groep NV's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



ING Groep NV 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 Groep NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.862/5.1
=2.91

* 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 Groep NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ING Groep NV's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.618/126.4000*126.4000
=1.618

Current CPI (Dec. 2023) = 126.4000.

ING Groep NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 2.474 95.570 3.272
201209 2.495 96.720 3.261
201212 -4.470 96.760 -5.839
201312 0.000 98.360 0.000
201403 0.985 99.390 1.253
201406 0.974 99.240 1.241
201409 1.023 99.960 1.294
201412 0.977 99.050 1.247
201503 1.114 99.750 1.412
201506 1.087 100.230 1.371
201509 0.999 100.500 1.256
201512 1.041 99.730 1.319
201606 0.000 100.260 0.000
201612 0.000 100.710 0.000
201706 0.000 101.370 0.000
201712 0.000 101.970 0.000
201803 1.173 102.470 1.447
201806 1.120 103.100 1.373
201809 1.207 103.950 1.468
201812 1.146 103.970 1.393
201903 1.186 105.370 1.423
201906 1.153 105.840 1.377
201909 1.205 106.700 1.427
201912 1.077 106.800 1.275
202003 1.157 106.850 1.369
202006 1.189 107.510 1.398
202009 1.099 107.880 1.288
202012 1.069 107.850 1.253
202103 1.205 108.870 1.399
202106 1.152 109.670 1.328
202109 1.191 110.790 1.359
202112 1.225 114.010 1.358
202203 1.222 119.460 1.293
202206 1.282 119.050 1.361
202209 1.183 126.890 1.178
202212 1.345 124.940 1.361
202303 1.538 124.720 1.559
202306 1.587 125.830 1.594
202309 1.642 127.160 1.632
202312 1.618 126.400 1.618

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.


ING Groep NV  (XAMS:INGA) 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 Groep NV Cyclically Adjusted PS Ratio Related Terms

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


ING Groep NV (XAMS:INGA) Business Description

Industry
Address
Bijlmerdreef 106, Amsterdam, NLD, 1102 CT
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support—a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market-leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.

ING Groep NV (XAMS:INGA) Headlines

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