ING Groep NV (XAMS:INGA) Price-to-Tangible-Book

: 1.01 (As of Today)

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As of today (2024-04-19), ING Groep NV's share price is €15.168. ING Groep NV's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €14.97. Hence, ING Groep NV's Price to Tangible Book Ratio of today is 1.01.

The historical rank and industry rank for ING Groep NV's Price-to-Tangible-Book or its related term are showing as below:

XAMS:INGA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.56 Med: 0.89 Max: 1.22
Current: 1.01

During the past 13 years, ING Groep NV's highest Price to Tangible Book Ratio was 1.22. The lowest was 0.56. And the median was 0.89.

XAMS:INGA's Price-to-Tangible-Book is ranked worse than
56.96% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs XAMS:INGA: 1.01

A closely related ratio is called PB Ratio. As of today, ING Groep NV's share price is €15.168. ING Groep NV's Book Value per Sharefor the quarter that ended in Dec. 2023 was €15.33. Hence, ING Groep NV's P/B Ratio of today is 0.99.

ING Groep NV Price-to-Tangible-Book Historical Data

The historical data trend for ING Groep NV's Price-to-Tangible-Book 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.93

0.56

0.88

0.84

0.90

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
Price-to-Tangible-Book																0.84	0.78	0.90	0.87	0.90

Competitive Comparison

For the Banks - Diversified subindustry, ING Groep NV's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, ING Groep NV's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where ING Groep NV's Price-to-Tangible-Book falls into.

ING Groep NV Price-to-Tangible-Book Calculation

ING Groep NV's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	15.168	/	14.966
	=	1.01

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

ING Groep NV Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of ING Groep NV's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

ING Groep NV (XAMS:INGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ING Groep NV (XAMS:INGA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

INGVF:USA ING:USA INGA:Italy 0A2K:UK INGAa:UK 0RIC:UK INN1:Germany INNA:Germany INN1:Germany INN1:Germany INNA:Germany INN1:Germany INGG34:Brazil INGA:Austria ING:Argentina

Address

Bijlmerdreef 106, Amsterdam, NLD, 1102 CT

Website

https://www.ing.com

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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