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ING Groep NV (BUE:ING) Cyclically Adjusted Revenue per Share : ARS2,866.81 (As of Mar. 2025)


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What is ING Groep NV Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Mar. 2025 was ARS6,344.135. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ARS2,866.81 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ING Groep NV's average Cyclically Adjusted Revenue Growth Rate was 20.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -11.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of ING Groep NV was 3.00% per year. The lowest was -24.90% per year. And the median was -8.40% per year.

As of today (2025-05-20), ING Groep NV's current stock price is ARS8360.00. ING Groep NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ARS2,866.81. ING Groep NV's Cyclically Adjusted PS Ratio of today is 2.92.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ING Groep NV was 3.50. The lowest was 0.46. And the median was 1.43.


ING Groep NV Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for ING Groep NV's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

ING Groep NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 464.40 460.37 670.61 1,825.49 2,409.07

ING Groep NV Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Revenue per Share 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 1,924.52 2,355.10 2,661.72 2,409.07 2,866.81

Competitive Comparison of ING Groep NV's Cyclically Adjusted Revenue per Share

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.


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ING Groep NV Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, ING Groep NV's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6344.135/133.3300*133.3300
=6,344.135

Current CPI (Mar. 2025) = 133.3300.

ING Groep NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 32.254 99.240 43.334
201409 33.288 99.960 44.401
201412 30.918 99.050 41.618
201503 31.899 99.750 42.638
201506 33.268 100.230 44.254
201509 31.627 100.500 41.958
201512 44.035 99.730 58.871
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 87.401 102.470 113.723
201806 97.889 103.100 126.591
201809 155.445 103.950 199.379
201812 147.520 103.970 189.178
201903 157.144 105.370 198.842
201906 174.640 105.840 220.000
201909 222.599 106.700 278.155
201912 214.547 106.800 267.842
202003 237.986 106.850 296.965
202006 274.985 107.510 341.026
202009 288.356 107.880 356.382
202012 317.439 107.850 392.435
202103 387.534 108.870 474.602
202106 394.474 109.670 479.577
202109 410.927 110.790 494.529
202112 419.246 114.010 490.291
202203 433.491 119.460 483.822
202206 489.255 119.050 547.941
202209 488.382 126.890 513.169
202212 716.634 124.940 764.758
202303 976.212 124.720 1,043.604
202306 1,238.113 125.830 1,311.910
202309 1,839.735 127.160 1,929.002
202312 1,845.811 126.450 1,946.239
202403 4,634.559 128.580 4,805.769
202406 5,030.557 129.910 5,162.991
202409 5,843.924 131.610 5,920.298
202412 5,480.894 131.630 5,551.680
202503 6,344.135 133.330 6,344.135

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


ING Groep NV  (BUE:ING) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8360.00/2866.81
=2.92

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ING Groep NV was 3.50. The lowest was 0.46. And the median was 1.43.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


ING Groep NV Cyclically Adjusted Revenue per Share Related Terms

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


ING Groep NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ING Groep NV (BUE:ING) » Definitions » Cyclically Adjusted Revenue per Share
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.