Ingredion
INGR
#1954
Rank
$7.43 B
Marketcap
$113.35
Share price
0.91%
Change (1 day)
7.93%
Change (1 year)
Categories

P/E ratio for Ingredion (INGR)

P/E ratio as of April 2024 (TTM): 12.9

According to Ingredion's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9264. At the end of 2022 the company had a P/E ratio of 13.2.

P/E ratio history for Ingredion from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.2-76.1%
202155.2263.61%
202015.20.98%
201915.02.68%
201814.6-24.46%
201719.43.96%
201618.79.37%
201517.1-3.32%
201417.632.43%
201313.315.14%
201211.619.65%
20119.67-52.71%
201020.4-62.23%
200954.1573.57%
20088.04-42.05%
200713.9-32.55%
200620.63.27%
200519.9-4.1%
200420.827.15%
200316.3-3.54%
200216.9-23.17%
200122.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.56-33.80%๐Ÿ‡บ๐Ÿ‡ธ USA
17.9 38.12%๐Ÿ‡บ๐Ÿ‡ธ USA
8.14-37.01%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.