The PE ratio for Mgp Ingredients stock stands at 8.32 as of Dec 20, 2024. This is based on the current EPS of $4.81 and the stock price of $40 per share. A decrease of 55% has been recorded in the PE ratio compared to the average of 18.7 of the last four quarters.
Over the last ten years, the average PE ratio of Mgp Ingredients has been 21.78. The current 8.32 P/E ratio is 62% lower than the historical average. In the past ten years, MGPI's PE ratio peaked in the Mar 2018 quarter at 36.57, with a price of $89.59 and an EPS of $2.45. 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 stocks VLO and DD, MGPI's PE ratio is lower. Mgp Ingredients's PE ratio is trading below the peer group average of 17.56.
Stock name | PE ratio | Market cap |
---|---|---|
MGPI Mgp Ingredients Inc | 8.32 | $878.13M |
BG Bunge LTD | 9.91 | $11.04B |
VLO Valero Energy Corp | 10.49 | $37.54B |
INGR Ingredion Inc | 13.27 | $9B |
ADM Archer-Daniels-Midland Co | 14.3 | $24.16B |
DD DuPont de Nemours Inc | 39.84 | $32.3B |
MGPI's price to earnings ratio is 8.32 as of Dec 20, 2024.
Over the last 3 years, the average price to earnings ratio for MGPI stock is 19.73.
Over the last 5 years, the average price to earnings ratio for MGPI stock is 19.19.
In the last ten years, the Mar 2018 quarter recorded the highest quarterly PE ratio at 36.57.
MGPI's current price to earnings ratio is 62% below its 10-year historical average.
MGPI's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), Mgp Ingredients's stock price is $40. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.81. Therefore, Mgp Ingredients's PE ratio for today is 8.32. PE RATIO(8.32) = STOCK PRICE($40) / TTM EPS($4.81)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.