MGP Ingredients
MGPI
#3426
Rank
$2.42 B
Marketcap
$110.14
Share price
1.52%
Change (1 day)
73.20%
Change (1 year)

P/E ratio for MGP Ingredients (MGPI)

P/E ratio as of August 2022 (TTM): 21.5

According to MGP Ingredients's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.5117. At the end of 2021 the company had a P/E ratio of 19.6.

P/E ratio history for MGP Ingredients from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202119.6-1.15%
202019.9-6.97%
201921.3-18.82%
201826.3-16.9%
201731.614.57%
201627.657.49%
201517.5

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.