Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
FRA:ICK's Shiller PE Ratio is ranked better than 81.04% of 1234
companies
in the Banks industry
Industry Median: 13.86
vs FRA:ICK: 8.53
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.
Industrial And Commercial Bank Of China's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.029. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.09 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Industrial And Commercial Bank Of China (FRA:ICK) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Industrial And Commercial Bank Of China Shiller PE Ratio Related Terms
Industrial And Commercial Bank Of China Shiller PE Ratio Historical Data
* 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.
Industrial And Commercial Bank Of China Shiller PE Ratio Chart
Industrial And Commercial Bank Of China Annual Data
FRA:ICK vs JPM, BAC, WFC: Shiller PE Ratio Comparison
For the Banks - Diversified subindustry, Industrial And Commercial Bank Of China'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.
Industrial And Commercial Bank Of China Shiller PE Ratio vs Banks Industry
Industrial And Commercial Bank Of China Shiller PE Ratio Calculation
For Shiller PE Ratio, 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 PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* 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.
Add all the adjusted EPS together and divide 10 will get our 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.
Industrial And Commercial Bank Of China (FRA:ICK) has a Shiller PE Ratio of 8.80 as of Sep. 10, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Industrial And Commercial Bank Of China and its competitors. This is 24% above median its historical median of 7.09. Over the past decade, Industrial And Commercial Bank Of China's Shiller PE Ratio has ranged from 4.54 to 11.18. According to the industry distribution chart, Industrial And Commercial Bank Of China ranks #234 out of 1234 companies in the Banks industry, placing it in the top 19%.
Is Industrial And Commercial Bank Of China's Shiller PE Ratio too high?
Industrial And Commercial Bank Of China's current Shiller PE Ratio of 8.80 is 24% above median its 10-year median of 7.09. Over the past 10 years, this metric has ranged from a low of 4.54 to a high of 11.18. The Banks industry median Shiller PE Ratio is 13.86. Industrial And Commercial Bank Of China's value of 8.80 is 36.5% below this industry median. Based on the distribution chart, Industrial And Commercial Bank Of China ranks #234 out of 1234 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Industrial And Commercial Bank Of China has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Industrial And Commercial Bank Of China's Shiller PE Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Industrial And Commercial Bank Of China ranks #234 out of 1234 companies for Shiller PE Ratio. This places Industrial And Commercial Bank Of China in the top 19% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 13.86. Industrial And Commercial Bank Of China's value of 8.80 is 36.5% below this benchmark. Historically, Industrial And Commercial Bank Of China's own Shiller PE Ratio has ranged from 4.54 to 11.18 over the past decade. While the company's 10-year median is 7.09 vs. the industry median of 13.86, Industrial And Commercial Bank Of China has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Banks company?
The median Shiller PE Ratio among Banks companies is 13.86, based on 1,234 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Industrial And Commercial Bank Of China's current Shiller PE Ratio of 8.80 is 36.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Industrial And Commercial Bank Of China and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrial And Commercial Bank Of China's current Shiller PE Ratio is 8.80, which is 24% above median its own 10-year median of 7.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial And Commercial Bank Of China stock overvalued right now?
Based on GuruFocus' analysis, Industrial And Commercial Bank Of China (FRA:ICK) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.71, compared to a current price of €0.79 — trading 11.5% above its estimated fair value. The current Shiller PE Ratio is 8.80, which is 24% above median its 10-year median of 7.09 and 36.5% below the Banks industry median of 13.86. Industrial And Commercial Bank Of China's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Industrial And Commercial Bank Of China (FRA:ICK), the current Shiller PE Ratio is 8.80 as of Sep. 10, 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 Industrial And Commercial Bank Of China (FRA:ICK) Overvalued in 2026?
Based on GuruFocus' analysis, Industrial And Commercial Bank Of China stock appears to be overvalued.
The current stock price of €0.79 is trading 11.5% above its estimated GF Value™ of €0.71.
GuruFocus considers Industrial And Commercial Bank Of China to be Modestly Overvalued.
Key valuation signals for FRA:ICK:
Shiller PE Ratio: 8.80 (24% above median its 10-year median of 7.09)
GF Value™: €0.71 vs. price of €0.79 (11.5% above fair value)
Industry Position: 36.5% below the Banks median (#234 of 1234)
No single metric tells the full story. See the FRA:ICK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrial and Commercial Bank of China was founded in 1984 and is headquartered in Beijing. The bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 15,000 outlets. Of these, 413 outlets are in 49 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 49%, 39%, and 11% of total revenue, respectively, and 49%, 33%, and 17% of profit before tax in 2025. Overseas banking and other business contributed 14% of total revenue and 9% of profit before tax in 2025.
63GF Score
Get the complete analysis for FRA:ICK
Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:ICK has been successfully added to your 
