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ING Groep N.V. ING NYSE

NYSE • Financial Services • Banks - Diversified • NL • USD

SharesGrow Score
72/100
5/7 Pass
SharesGrow Intrinsic Value
$34.27
+16.7%
Analyst Price Target
$22.50
-23.4%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

ING Groep N.V. (ING) trades at a trailing P/E of 11.1, forward P/E of 12.3. Trailing earnings yield is 9.01%, forward earnings yield 8.15%. PEG 1.56. Graham Number is $29.21.

Criteria proven by this page:

  • VALUE (64/100, Pass) — P/E is below market average (11.1); earnings yield beats bond yields (9.01%).
  • PEG Ratio 1.56 — between 1.0–2.0 indicates moderate valuation relative to growth.
  • Trailing Earnings Yield 9.01% — exceeds typical bond yields (~4.3%), making equity attractive vs fixed income.
  • Analyst consensus target $22.50 (-23.4% downside) — analysts see meaningful downside risk at the current price level.

Overall SharesGrow Score: 72/100 with 5/7 criteria passed.

SharesGrow 7-Criteria Score
72/100
SG Score
View full scorecard →
VALUE
64/100
Price-to-Earnings & upside
Proven by this page
FUTURE
37/100
Analyst consensus
→ Forecast
PAST
100/100
→ Income
HEALTH
33/100
Debt-to-Equity & liquidity
→ Health
MOAT
84/100
→ Income
GROWTH
100/100
→ Income
INCOME
85/100
→ Income

Valuation Snapshot — ING

Valuation Multiples
P/E (TTM)11.1
Forward P/E12.3
PEG Ratio1.56
Forward PEG0.95
P/B Ratio1.41
P/S Ratio1.67
EV/EBITDA20.3
Per Share Data
EPS (TTM)$2.17
Forward EPS (Est.)$2.39
Book Value / Share$17.47
Revenue / Share$14.25
FCF / Share$0.00
Yields & Fair Value
Earnings Yield9.01%
Forward Earnings Yield8.15%
Dividend Yield5.01%
Graham Number$29.21
SharesGrow IV$34.27 (+16.7%)
Analyst Target$22.50 (-23.4%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 11.2 0.73 1.04 1.07 4.86%
2017 12.2 2.44 1.19 1.25 4.29%
2018 7.8 -1.98 0.71 1.12 7.22%
2019 8.8 5.30 0.78 1.29 6.40%
2020 12.1 -0.25 0.55 1.12 0.01%
2021 10.0 0.11 0.88 1.85 5.00%
2022 11.2 -0.66 0.82 1.22 7.52%
2023 6.5 0.48 0.93 0.81 6.23%
2024 7.5 0.18 0.95 0.72 8.10%
2025 11.2 0.39 1.43 3.09 4.17%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $1.20 $17.39B $4.65B 26.8%
2017 $1.26 $17.77B $4.91B 27.6%
2018 $1.21 $18.18B $4.7B 25.9%
2019 $1.23 $18.31B $4.78B 26.1%
2020 $0.64 $17.82B $2.49B 13.9%
2021 $1.23 $18.29B $4.78B 26.1%
2022 $1.01 $33.61B $3.67B 10.9%
2023 $1.16 $22.41B $4.14B 18.5%
2024 $1.98 $66.41B $6.39B 9.6%
2025 $2.12 $23.04B $6.33B 27.5%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $2.40 $2.38 – $2.41 $24.61B $24.57B – $24.63B 3
2027 $2.80 $2.62 – $2.96 $26.38B $25.74B – $27.01B 3
2028 $3.21 $3.12 – $3.29 $28.09B $27.45B – $28.6B 1
2029 $3.79 $3.68 – $3.88 $28.62B $27.98B – $29.15B 1
2030 $4.27 $4.15 – $4.38 $29.9B $29.22B – $30.45B 1
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