City finished third behind champions Liverpool and Arsenal, barely scraping into the Champions League qualifying places.
The England international said: “It was humbling for us after all the success that we’ve had. It makes us realise what we’ve done, what we’ve achieved over the years and how proud we should be, but we’re obviously frustrated at what we did last season. It’s not what we want to replicate.
“To finish third, three or four points behind Arsenal is – to our standards – not good, (nor) how we played through the season. We’ve got to put that right and get back to our identity, get back to winning matches and having that presence about us and believing in ourselves as a team.
“I’m sure we’ll find that and bring it back because it was tough last season to go through what we did. We’ve definitely come back with that fire in our bellies to go and achieve.”
There has been talk of Stones leaving City this summer, claims that he has now laughed off.
He added, “It’s laughable to me. I understand why people do it but there’s nothing to comment on. I love it here, nothing’s happening. I’m here to fight and play and hopefully win some trophies.”