ING (ING Groep NV) PEG Ratio : 1.98 (As of Dec. 11, 2024)

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What is ING Groep NV PEG Ratio?

PE Ratio without NRI / 5-Year Book Value Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, ING Groep NV's PE Ratio without NRI is 6.92. ING Groep NV's 5-Year Book Value growth rate is 3.50%. Therefore, ING Groep NV's PEG Ratio for today is 1.98.

* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

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

ING' s PEG Ratio Range Over the Past 10 Years
Min: 1.97 Med: 3.03 Max: 3.74
Current: 1.98

During the past 13 years, ING Groep NV's highest PEG Ratio was 3.74. The lowest was 1.97. And the median was 3.03.

ING's PEG Ratio is ranked worse than
56.6% of 1159 companies
in the Banks industry
Industry Median: 1.65 vs ING: 1.98

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.

ING Groep NV PEG Ratio Historical Data

The historical data trend for ING Groep NV's PEG 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 PEG Ratio Chart

ING Groep NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PEG Ratio

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3.29

ING Groep NV Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PEG Ratio	Get a 7-Day Free Trial															-	3.29	3.04	2.89	2.49

Competitive Comparison of ING Groep NV's PEG Ratio

For the Banks - Diversified subindustry, ING Groep NV's PEG Ratio, along with its competitors' market caps and PEG 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 PEG Ratio Distribution in the Banks Industry

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

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

ING Groep NV PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year Book Value growth rate.

ING Groep NV's PEG Ratio for today is calculated as

PEG Ratio	=	PE Ratio without NRI	/	5-Year Book Value Growth Rate*
	=	6.9197016235191	/	3.50
	=	1.98

* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

ING Groep NV (NYSE:ING) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.

ING Groep NV PEG Ratio Related Terms

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ING Groep NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ING Groep NV (NYSE:ING) » Definitions » PEG Ratio

Comparable Companies

Traded in Other Exchanges

INGVF:USA INGA:Netherlands 1INGA:Italy INGAa:UK 0RIC:UK INN1: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.