Friday 6 November 2026 Export ING’s income statement to Excel — free account

ING Group, N.V.

ING Group, N.V.’s revenue for fiscal 2025 (year ended December 2025) was $70.2 billion, roughly unchanged from fiscal 2024.

Revenue: +29.8%
EPS: +14.8%
Free cash flow: −27.0%

Quarter to June 2026, against a year earlier

32.00 0.63 −1.93%

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Market cap: $92.8B
P/E: 13.8×
Fwd P/E: 6.6×
Dividend yield: 4.65%
F-score: 4/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview

ING Group, N.V. (ING) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, ING Group, N.V. (ING) trades at a P/B ratio of 1.5×. Over the past ten years it has ranged from 0.3× (March 2020) to 1.7× (September 2026); the current reading is higher than 97% of that period. That is in line with the Banks Diversified industry median of 1.5× and above the Financial sector median of 1.3×.

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<iframe src="https://stockrow.com/embed/ING/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="ING Group, N.V. P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/ING/metrics/pb-ratio">ING Group, N.V. (ING) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	1.4×	63.20%
FY2024	0.8×	(12.09%)
FY2023	1.0×	9.70%
FY2022	0.9×	(0.45%)
FY2021	0.9×	60.13%
FY2020	0.5×	(28.76%)
FY2019	0.8×	12.48%
FY2018	0.7×	(49.60%)
FY2017	1.4×	35.87%
FY2016	1.0×	(2.93%)

Period	P/B ratio	Change
Sep 2025	1.3×	25.70%
Mar 2025	1.0×	4.35%
Sep 2024	1.0×	(1.67%)
Mar 2024	1.0×	17.45%
25 more quarters	Free account

Against its own ten years

Low 0.3× High 1.7×

Ten-year median 0.9×

Current reading's percentile 97

Company	P/B ratio
BCS Barclays PLC compare	0.7×
C Citigroup Inc. compare	1.1×
SAN Banco Santander, S.A. compare	1.3×
SMFG Sumitomo Mitsui Financial Group Inc compare	1.5×
ING ING Group, N.V.	1.5×
MUFG Mitsubishi UFJ Financial Group, Inc. compare	1.6×
UBS UBS Group AG compare	1.7×
BBVA Banco Bilbao Viscaya Argentaria S.A. compare	2.1×
BNY BNY compare	2.5×
Banks Diversified industry median	1.5×
Financial sector median	1.3×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

ING Group, N.V. (ING) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on ING

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on ING

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