As of Apr 26, 2024, the INGR stock has a PE ratio of 11.63. The calculation is based on the latest EPS of $9.74 and the stock price of $113.29 per share. The PE ratio currently is comparable to its last 4-quarter average.
The mean historical PE ratio of Ingredion over the last ten years is 23.05. The current 11.63 price-to-earnings ratio is 50% less than the historical average. Analyzing the last ten years, INGR's PE ratio reached its highest point in the Mar 2021 quarter at 224.8, with a price of $89.92 and an EPS of $0.4. The Sep 2023 quarter saw the lowest point at 10.38, with a price of $98.4 and an EPS of $9.48.
Maximum annual increase: 265.64% in 2021
Maximum annual decrease: -76.27% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.14 | -15.48% |
| 2022 | 13.18 | -76.27% |
| 2021 | 55.54 | 265.64% |
| 2020 | 15.19 | 0.86% |
| 2019 | 15.06 | 3.01% |
| 2018 | 14.62 | -24.6% |
| 2017 | 19.39 | 3.97% |
| 2016 | 18.65 | 9.38% |
| 2015 | 17.05 | -3.13% |
| 2014 | 17.6 | 32.13% |
The current PE ratio of INGR is under its 3, 5 and 10-year averages.
INGR's PE ratio is less than its peer stock MGPI, but it is above ADM's and BG's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BG Bunge LTD | 8.2 | $14.55B |
| ADM Archer-Daniels-Midland Co | 9.33 | $30.64B |
| INGR Ingredion Inc | 11.63 | $7.43B |
| MGPI Mgp Ingredients Inc | 16.71 | $1.78B |
INGR's price to earnings ratio is 11.63 as of Apr 26, 2024.
The 3-year average PE ratio for INGR stock is 21.02.
The 5-year average PE ratio for INGR stock is 29.37.
Over the last ten years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 224.8.
INGR's current price to earnings ratio is 50% below its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), Ingredion's share price is $113.29. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $9.74. Therefore, Ingredion's price to earnings ratio for today is 11.63. PE RATIO(11.63) = STOCK PRICE($113.29) / TTM EPS($9.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.