ING Groep NV (MEX:INGA) E10: MXN0.00 (As of Mar. 2026)

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MEX:INGA ING Groep NV MEX:INGA
38 GF Score
Price MXN575.43
GF Value MXN393.65
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is ING Groep NV E10?

ING Groep NV MEX:INGA 38 E10 is MXN0.00 as of Mar. 2026. GuruFocus rates MEX:INGA with a GF Score™ of 38/100 and a GF Value™ of MXN393.65 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

ING Groep NV's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN11.257. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ING Groep NV's average E10 Growth Rate was 5.80% per year. During the past 3 years, the average E10 Growth Rate was 13.00% per year. During the past 5 years, the average E10 Growth Rate was 13.60% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of ING Groep NV was 46.40% per year. The lowest was -17.00% per year. And the median was -4.80% per year.

As of today (2026-07-22), ING Groep NV's current stock price is MXN575.43. ING Groep NV's E10 for the quarter that ended in Mar. 2026 was MXN0.00. ING Groep NV's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of ING Groep NV was 30.41. The lowest was 7.57. And the median was 12.29.


ING Groep NV  (MEX:INGA) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of ING Groep NV was 30.41. The lowest was 7.57. And the median was 12.29.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


ING Groep NV E10 Related Terms


ING Groep NV E10 Historical Data

* Premium members only.

The historical data trend for ING Groep NV's E10 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 Groep NV E10 Chart

ING Groep NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
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ING Groep NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.00 0.00 0.00 0.00 0.00

MEX:INGA vs JPM, BAC, WFC: E10 Comparison

For the Banks - Diversified subindustry, ING Groep NV's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where ING Groep NV's Shiller PE Ratio falls into.


MEX:INGA
38GF Score
ING Groep NV MEX:INGA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ING Groep NV E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11.257/136.9100*136.9100
=11.257

Current CPI (Mar. 2026) = 136.9100.

ING Groep NV Quarterly Data

per share eps CPI Adj_EPS
201506 6.163 100.230 8.418
201509 5.310 100.500 7.234
201512 3.933 99.730 5.399
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 7.168 102.470 9.577
201806 8.264 103.100 10.974
201809 4.365 103.950 5.749
201812 7.372 103.970 9.708
201903 6.356 105.370 8.259
201906 8.006 105.840 10.356
201909 7.610 106.700 9.765
201912 4.820 106.800 6.179
202003 4.452 106.850 5.704
202006 1.993 107.510 2.538
202009 5.258 107.880 6.673
202012 4.510 107.850 5.725
202103 6.265 108.870 7.879
202106 8.965 109.670 11.192
202109 8.467 110.790 10.463
202112 5.801 114.010 6.966
202203 2.500 119.460 2.865
202206 6.687 119.050 7.690
202209 5.178 126.890 5.587
202212 6.214 124.940 6.809
202303 8.485 124.720 9.314
202306 11.097 125.830 12.074
202309 10.410 127.160 11.208
202312 8.330 126.450 9.019
202403 8.659 128.580 9.220
202406 10.649 129.910 11.223
202409 12.894 131.610 13.413
202412 8.080 131.630 8.404
202503 10.395 133.330 10.674
202506 12.162 133.960 12.430
202509 12.918 135.920 13.012
202512 10.120 135.270 10.243
202603 11.257 136.910 11.257

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN0.00 mean?
ING Groep NV (MEX:INGA) has a E10 of MXN0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ING Groep NV and its competitors.
Is ING Groep NV's E10 too high?
ING Groep NV's current E10 is MXN0.00. Overall, ING Groep NV has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ING Groep NV's E10 compare to JPM and BAC?
ING Groep NV's E10 of MXN0.00 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Banks company?
A good E10 depends on the Banks industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ING Groep NV and its competitors. ING Groep NV's current E10 is MXN0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ING Groep NV stock overvalued right now?
Based on GuruFocus' analysis, ING Groep NV (MEX:INGA) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN393.65, compared to a current price of MXN575.43 — trading 46.2% above its estimated fair value. The current E10 is MXN0.00. ING Groep NV's overall GF Score™ is 38/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For ING Groep NV (MEX:INGA), the current E10 is MXN0.00 as of Mar. 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 Groep NV (MEX:INGA) Overvalued in 2026?

Based on GuruFocus' analysis, ING Groep NV stock appears to be overvalued. The current stock price of MXN575.43 is trading 46.2% above its estimated GF Value™ of MXN393.65. GuruFocus considers ING Groep NV to be Significantly Overvalued.

Key valuation signals for MEX:INGA:

  • E10: MXN0.00
  • GF Value™: MXN393.65 vs. price of MXN575.43 (46.2% above fair value)
  • GF Score™: 38/100 with 7 warning signs

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


ING Groep NV Business Description

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 has built 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.
38GF Score

Get the complete analysis for MEX:INGA

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN575.43
Price
MXN393.65
GF Value