The PE ratio for Mgp Ingredients stock stands at 17.07 as of May 2, 2024. This is based on the current EPS of $4.82 and the stock price of $82.26 per share. A decrease of 21% has been recorded in the PE ratio compared to the average of 21.6 of the last four quarters.
Over the last ten years, the average PE ratio of Mgp Ingredients has been 22.7. The current 17.07 P/E ratio is 25% lower than the historical average. In the past ten years, MGPI's PE ratio peaked in the Jun 2014 quarter at 53.07, with a price of $7.96 and an EPS of $0.15. The Mar 2015 quarter marked the lowest point at 10.12, with a price of $13.46 and an EPS of $1.33.
Maximum annual increase: 56.65% in 2016
Maximum annual decrease: -18.83% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 20.44 | -5.06% |
| 2022 | 21.53 | 10.69% |
| 2021 | 19.45 | -2.06% |
| 2020 | 19.86 | -6.94% |
| 2019 | 21.34 | -18.83% |
| 2018 | 26.29 | -16.57% |
| 2017 | 31.51 | 14.75% |
| 2016 | 27.46 | 56.65% |
| 2015 | 17.53 | 45.84% |
| 2014 | 12.02 | N/A |
The current PE ratio of MGPI is lower than the 3, 5 and 10-year averages.
In comparison to its peer DD, MGPI's PE ratio is lower, but it is higher than VLO's and ADM's. Mgp Ingredients's PE ratio is trading above the peer group average of 9.51.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VLO Valero Energy Corp | 7.73 | $51.45B |
| BG Bunge LTD | 8.09 | $14.35B |
| ADM Archer-Daniels-Midland Co | 10.38 | $29.34B |
| INGR Ingredion Inc | 11.83 | $7.56B |
| MGPI Mgp Ingredients Inc | 17.07 | $1.82B |
| DD DuPont de Nemours Inc | 92.56 | $32.51B |
MGPI's price to earnings ratio is 17.07 as of May 2, 2024.
Over the last 3 years, the average price to earnings ratio for MGPI stock is 20.21.
Over the last 5 years, the average price to earnings ratio for MGPI stock is 20.09.
In the last ten years, the Jun 2014 quarter recorded the highest quarterly PE ratio at 53.07.
MGPI's current price to earnings ratio is 25% below its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 2, 2024), Mgp Ingredients's stock price is $82.26. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.82. Therefore, Mgp Ingredients's PE ratio for today is 17.07. PE RATIO(17.07) = STOCK PRICE($82.26) / TTM EPS($4.82)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.