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INGR (Ingredion) Cyclically Adjusted PB Ratio : 2.70 (As of May. 12, 2025)


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What is Ingredion Cyclically Adjusted PB Ratio?

As of today (2025-05-12), Ingredion's current share price is $137.56. Ingredion's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $51.03. Ingredion's Cyclically Adjusted PB Ratio for today is 2.70.

The historical rank and industry rank for Ingredion's Cyclically Adjusted PB Ratio or its related term are showing as below:

INGR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.83   Med: 2.51   Max: 4.92
Current: 2.69

During the past years, Ingredion's highest Cyclically Adjusted PB Ratio was 4.92. The lowest was 1.83. And the median was 2.51.

INGR's Cyclically Adjusted PB Ratio is ranked worse than
75.82% of 1249 companies
in the Consumer Packaged Goods industry
Industry Median: 1.31 vs INGR: 2.69

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.

Ingredion's adjusted book value per share data for the three months ended in Mar. 2025 was $62.504. 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 $51.03 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ingredion Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ingredion's Cyclically Adjusted PB Ratio 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.

* Premium members only.

Ingredion Cyclically Adjusted PB Ratio Chart

Ingredion Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 2.38 2.21 2.32 2.76

Ingredion Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 2.43 2.36 2.79 2.76 2.65

Competitive Comparison of Ingredion's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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Ingredion Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Ingredion's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=137.56/51.03
=2.70

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Ingredion's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=62.504/134.9266*134.9266
=62.504

Current CPI (Mar. 2025) = 134.9266.

Ingredion Quarterly Data

Book Value per Share CPI Adj_Book
201506 30.801 100.684 41.276
201509 29.563 100.392 39.733
201512 29.937 99.792 40.477
201603 31.834 100.470 42.751
201606 33.742 101.688 44.771
201609 35.238 101.861 46.677
201612 35.421 101.863 46.918
201703 36.085 102.862 47.333
201706 37.358 103.349 48.772
201709 39.403 104.136 51.054
201712 40.156 104.011 52.092
201803 42.082 105.290 53.927
201806 39.905 106.317 50.643
201809 40.103 106.507 50.804
201812 35.896 105.998 45.693
201903 37.823 107.251 47.583
201906 38.908 108.070 48.577
201909 38.842 108.329 48.379
201912 41.172 108.420 51.238
202003 38.873 108.902 48.163
202006 39.501 108.767 49.001
202009 41.440 109.815 50.916
202012 44.482 109.897 54.613
202103 39.628 111.754 47.845
202106 42.536 114.631 50.067
202109 46.846 115.734 54.615
202112 47.047 117.630 53.965
202203 50.100 121.301 55.728
202206 48.346 125.017 52.178
202209 47.428 125.227 51.102
202212 48.635 125.222 52.404
202303 50.037 127.348 53.015
202306 51.722 128.729 54.212
202309 52.356 129.860 54.399
202312 55.074 129.419 57.418
202403 57.419 131.776 58.792
202406 57.551 132.554 58.581
202409 61.505 133.029 62.382
202412 59.907 133.157 60.703
202503 62.504 134.927 62.504

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


Ingredion  (NYSE:INGR) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Ingredion Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Ingredion's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ingredion Business Description

Traded in Other Exchanges
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 has two main product lines: specialty and core ingredients. Specialty ingredients includes starch-based texturizers, natural alternative sweeteners such as stevia, and plant proteins for alternative dairy and snacks. Core ingredients includes sweeteners, such as high-fructose corn syrup, and commodity starches, such as those used for sustainable packaging.
Executives
Jorge A. Uribe director 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
James P. Zallie officer: Exec. VP & Pres, Global Ingred 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
James D Gray officer: Executive VP and CFO 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Larry Fernandes officer: Sr VP and Chief Commercial Off 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Robert A. Ritchie officer: SVP, Food & Industrial Ingred. 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Valdirene Bastos-licht officer: Sr. VP and Pres, Asia-Pacific 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jinghuai Xu officer: SVP, Chief Innovation Officer 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Davida Marie Gable officer: VP, Controller & Global SS 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
David Eric Seip officer: SVP, Global Ops & CSCO 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Patricia Verduin director ONE CONAGRA DRIVE, OMAHA NE 68102
Perez Y Landazuri Pierre officer: SVP and President, EMEA 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jorgen Kokke officer: VP and GM, Asia-Pacific 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Charles V. Magro director C/O CORTEVA, INC., 974 CENTRE ROAD, CRP 735, WILMINGTON DE 19805
Nancy Wolfe officer: SVP and Chief HR Officer 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60015
Jaeger De Foras Tanya Martina officer: Chief Legal Officer, Corp. Sec 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154