INGR (Ingredion) Cyclically Adjusted Book per Share: $0.00 (As of Jun. 2026)

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INGR Ingredion Inc INGR
72 GF Score
Price $104.33
GF Value $114.28
Valuation Fairly Valued
! 2 Warning Signs
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What is Ingredion Cyclically Adjusted Book per Share?

Ingredion INGR +1.36% 72 Cyclically Adjusted Book per Share is $0.00 as of Jun. 2026. GuruFocus rates INGR with a GF Score™ of 72/100 and a GF Value™ of $114.28 (Fairly Valued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Ingredion's adjusted book value per share for the three months ended in Jun. 2026 was $71.565. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Ingredion's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ingredion was 9.30% per year. The lowest was 4.00% per year. And the median was 6.75% per year.

As of today (2026-08-07), Ingredion's current stock price is $104.33. Ingredion's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.00. Ingredion's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ingredion was 4.92. The lowest was 1.72. And the median was 2.42.


Ingredion  (NYSE:INGR) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ingredion was 4.92. The lowest was 1.72. And the median was 2.42.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Ingredion Cyclically Adjusted Book per Share Related Terms


Ingredion Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ingredion's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ingredion Cyclically Adjusted Book per Share Chart

Ingredion Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.68 44.27 46.79 49.80 53.70

Ingredion Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.08 53.12 53.70 55.37 0.00

INGR vs CPB, LW, PPC: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Ingredion's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ingredion Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ingredion's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ingredion's Cyclically Adjusted PB Ratio falls into.


INGR
72GF Score
Ingredion Inc INGR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ingredion Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Ingredion's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=71.565/333.9520*333.9520
=71.565

Current CPI (Jun. 2026) = 333.9520.

Ingredion Quarterly Data

Book Value per Share CPI Adj_Book
201609 35.238 241.428 48.742
201612 35.421 241.432 48.995
201703 36.085 243.801 49.428
201706 37.358 244.955 50.931
201709 39.403 246.819 53.313
201712 40.156 246.524 54.397
201803 42.082 249.554 56.314
201806 39.905 251.989 52.885
201809 40.103 252.439 53.052
201812 35.896 251.233 47.715
201903 37.823 254.202 49.689
201906 38.908 256.143 50.727
201909 38.842 256.759 50.520
201912 41.172 256.974 53.505
202003 38.873 258.115 50.294
202006 39.501 257.797 51.170
202009 41.440 260.280 53.170
202012 44.482 260.474 57.030
202103 39.628 264.877 49.962
202106 42.536 271.696 52.283
202109 46.846 274.310 57.032
202112 47.047 278.802 56.353
202203 50.100 287.504 58.194
202206 48.346 296.311 54.487
202209 47.428 296.808 53.363
202212 48.635 296.797 54.723
202303 50.037 301.836 55.361
202306 51.722 305.109 56.611
202309 52.356 307.789 56.806
202312 55.074 306.746 59.959
202403 57.419 312.332 61.394
202406 57.551 314.175 61.174
202409 61.505 315.301 65.143
202412 59.907 315.605 63.390
202503 62.504 319.799 65.270
202506 66.065 322.561 68.398
202509 67.441 324.800 69.341
202512 68.857 324.054 70.960
202603 70.162 330.213 70.956
202606 71.565 333.952 71.565

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $0.00 mean?
Ingredion (INGR) has a Cyclically Adjusted Book per Share of $0.00 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Ingredion and its competitors.
Is Ingredion's Cyclically Adjusted Book per Share too high?
Ingredion's current Cyclically Adjusted Book per Share is $0.00. Overall, Ingredion has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ingredion's Cyclically Adjusted Book per Share compare to CPB and LW?
Ingredion's Cyclically Adjusted Book per Share of $0.00 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Ingredion and its competitors. Ingredion's current Cyclically Adjusted Book per Share is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingredion stock overvalued right now?
Based on GuruFocus' analysis, Ingredion (INGR) is currently considered Fairly Valued. The stock's GF Value™ is $114.28, compared to a current price of $104.33 — trading 8.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is $0.00. Ingredion's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Ingredion (INGR), the current Cyclically Adjusted Book per Share is $0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ingredion (INGR) Overvalued in 2026?

Based on GuruFocus' analysis, Ingredion stock appears to be undervalued. The current stock price of $104.33 is trading 8.7% below its estimated GF Value™ of $114.28. GuruFocus considers Ingredion to be Fairly Valued.

Key valuation signals for INGR:

  • Cyclically Adjusted Book per Share: $0.00
  • GF Value™: $114.28 vs. price of $104.33 (8.7% below fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the INGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ingredion Business Description

Other Exchanges CNP:GermanyI2NG34:Brazil
Address 5 Westbrook Corporate Center, Westchester, IL, USA, 60154
Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company sells specialty ingredients that include starch-based texturizers and natural alternative sweeteners such as stevia. Ingredion also sells commodity ingredients that include sweeteners, such as high-fructose corn syrup, and starches, such as those used for sustainable packaging, as well as plant-based proteins. The company plans to acquire Tate & Lyle in an all-cash deal that should close in 2027.
72GF Score

Get the complete analysis for INGR

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$104.33
Price
$114.28
GF Value