Ingredion (BSP:I2NG34) Cyclically Adjusted PS Ratio: 0.80 (As of Aug. 09, 2026) — 20% Below Median

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BSP:I2NG34 Ingredion Inc BSP:I2NG34
57 GF Score
Price R$65.06
GF Value R$76.34
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ingredion Cyclically Adjusted PS Ratio?

Ingredion BSP:I2NG34 57 Cyclically Adjusted PS Ratio is 0.80 as of Aug. 09, 2026, which is 20% below its 10-year median of 1.00. GuruFocus rates BSP:I2NG34 with a GF Score™ of 57/100 and a GF Value™ of R$76.34 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,448 Consumer Packaged Goods companies, Ingredion ranks worse than 53.18% on this metric.

As of today (2026-08-09), Ingredion's current share price is R$65.06. Ingredion's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$81.32. Ingredion's Cyclically Adjusted PS Ratio for today is 0.80.

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

BSP:I2NG34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1   Max: 1.92
Current: 0.86

During the past years, Ingredion's highest Cyclically Adjusted PS Ratio was 1.92. The lowest was 0.74. And the median was 1.00.

BSP:I2NG34's Cyclically Adjusted PS Ratio is ranked worse than
53.18% of 1448 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs BSP:I2NG34: 0.86

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ingredion's adjusted revenue per share data for the three months ended in Jun. 2026 was R$148.350. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$81.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ingredion  (BSP:I2NG34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Ingredion Cyclically Adjusted PS Ratio Related Terms


Ingredion Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ingredion's Cyclically Adjusted PS 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.

Ingredion Cyclically Adjusted PS Ratio Chart

Ingredion Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.93 0.98 1.21 0.94

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 PS 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 1.16 1.04 0.94 0.94 0.78

BSP:I2NG34 vs CPB, LW, PPC: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Ingredion's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Consumer Packaged Goods Industry

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

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


BSP:I2NG34
57GF Score
Ingredion Inc BSP:I2NG34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ingredion Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=65.06/81.32
=0.80

* 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=148.35/333.9520*333.9520
=148.350

Current CPI (Jun. 2026) = 333.9520.

Ingredion Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 68.698 241.428 95.026
201612 69.650 241.432 96.341
201703 65.860 243.801 90.213
201706 70.140 244.955 95.623
201709 67.992 246.819 91.995
201712 68.891 246.524 93.323
201803 70.436 249.554 94.257
201806 83.294 251.989 110.387
201809 89.317 252.439 118.158
201812 86.379 251.233 114.819
201903 87.527 254.202 114.987
201906 88.670 256.143 115.605
201909 96.203 256.759 125.126
201912 94.330 256.974 122.587
202003 111.201 258.115 143.873
202006 103.538 257.797 134.124
202009 119.982 260.280 153.943
202012 121.235 260.474 155.435
202103 135.142 264.877 170.385
202106 130.489 271.696 160.389
202109 137.676 274.310 167.610
202112 146.377 278.802 175.332
202203 139.280 287.504 161.782
202206 153.763 296.311 173.296
202209 159.276 296.808 179.209
202212 156.261 296.797 175.823
202303 165.883 301.836 183.533
202306 149.217 305.109 163.323
202309 149.856 307.789 162.594
202312 141.117 306.746 153.633
202403 140.299 312.332 150.011
202406 151.424 314.175 160.956
202409 155.725 315.301 164.937
202412 164.892 315.605 174.478
202503 159.138 319.799 166.181
202506 154.961 322.561 160.433
202509 148.918 324.800 153.114
202512 149.077 324.054 153.630
202603 146.429 330.213 148.087
202606 148.350 333.952 148.350

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 0.80 mean?
Ingredion (BSP:I2NG34) has a Cyclically Adjusted PS Ratio of 0.80 as of Aug. 09, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ingredion and its competitors. This is 20% below median its historical median of 1.00. Over the past decade, Ingredion's Cyclically Adjusted PS Ratio has ranged from 0.74 to 1.92. According to the industry distribution chart, Ingredion ranks #770 out of 1448 companies in the Consumer Packaged Goods industry, placing it in the top 53.2%.
Is Ingredion's Cyclically Adjusted PS Ratio too high?
Ingredion's current Cyclically Adjusted PS Ratio of 0.80 is 20% below median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.92. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Ingredion's value of 0.80 is 5.3% above this industry median. Based on the distribution chart, Ingredion ranks #770 out of 1448 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Ingredion has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ingredion's Cyclically Adjusted PS Ratio compare to CPB and LW?
According to the Consumer Packaged Goods industry distribution chart, Ingredion ranks #770 out of 1448 companies for Cyclically Adjusted PS Ratio. This places Ingredion in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Ingredion's value of 0.80 is 5.3% above this benchmark. Historically, Ingredion's own Cyclically Adjusted PS Ratio has ranged from 0.74 to 1.92 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.76, Ingredion has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,448 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ingredion's current Cyclically Adjusted PS Ratio of 0.80 is 5.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ingredion and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingredion's current Cyclically Adjusted PS Ratio is 0.80, which is 20% below median its own 10-year median of 1.00. 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 (BSP:I2NG34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$76.34, compared to a current price of R$65.06 — trading 14.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.80, which is 20% below median its 10-year median of 1.00 and 5.3% above the Consumer Packaged Goods industry median of 0.76. Ingredion's overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Ingredion (BSP:I2NG34), the current Cyclically Adjusted PS Ratio is 0.80 as of Aug. 09, 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 (BSP:I2NG34) Overvalued in 2026?

Based on GuruFocus' analysis, Ingredion stock appears to be undervalued. The current stock price of R$65.06 is trading 14.8% below its estimated GF Value™ of R$76.34. GuruFocus considers Ingredion to be Modestly Undervalued.

Key valuation signals for BSP:I2NG34:

  • Cyclically Adjusted PS Ratio: 0.80 (20% below median its 10-year median of 1.00)
  • GF Value™: R$76.34 vs. price of R$65.06 (14.8% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 5.3% above the Consumer Packaged Goods median (#770 of 1448)

No single metric tells the full story. See the BSP:I2NG34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ingredion Business Description

Other Exchanges INGR:USACNP:Germany
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.
57GF Score

Get the complete analysis for BSP:I2NG34

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

R$65.06
Price
R$76.34
GF Value