Ingevity (FRA:IGX) Cyclically Adjusted PS Ratio: 2.01 (As of Jul. 24, 2026) — 50% Above Median

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FRA:IGX Ingevity Corp FRA:IGX
62 GF Score
Price €62.00
GF Value €37.58
! 6 Warning Signs
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What is Ingevity Cyclically Adjusted PS Ratio?

Ingevity FRA:IGX -2.36% 62 Cyclically Adjusted PS Ratio is 2.01 as of Jul. 24, 2026, which is 50% above its 10-year median of 1.34. GuruFocus rates FRA:IGX with a GF Score™ of 62/100 and a GF Value™ of €37.58. The stock has 6 warning signs investors should review. Among 1,277 Chemicals companies, Ingevity ranks worse than 65.15% on this metric.

As of today (2026-07-24), Ingevity's current share price is €62.00. Ingevity's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €30.82. Ingevity's Cyclically Adjusted PS Ratio for today is 2.01.

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

FRA:IGX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.34   Max: 2.11
Current: 1.99

During the past years, Ingevity's highest Cyclically Adjusted PS Ratio was 2.11. The lowest was 0.88. And the median was 1.34.

FRA:IGX's Cyclically Adjusted PS Ratio is ranked worse than
65.15% of 1277 companies
in the Chemicals industry
Industry Median: 1.29 vs FRA:IGX: 1.99

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.

Ingevity's adjusted revenue per share data for the three months ended in Mar. 2026 was €6.196. 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 €30.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ingevity  (FRA:IGX) 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.


Ingevity Cyclically Adjusted PS Ratio Related Terms


Ingevity Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ingevity'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.

Ingevity Cyclically Adjusted PS Ratio Chart

Ingevity 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 0.00 0.00 0.00 1.16 1.63

Ingevity Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.11 1.19 1.52 1.63 1.92

FRA:IGX vs KWR, MTX, ASH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Ingevity'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.


Ingevity Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ingevity's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:IGX
62GF Score
Ingevity Corp FRA:IGX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ingevity 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=62.00/30.82
=2.01

* 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.

Ingevity's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.196/330.2130*330.2130
=6.196

Current CPI (Mar. 2026) = 330.2130.

Ingevity Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.185 241.018 7.104
201609 5.341 241.428 7.305
201612 4.702 241.432 6.431
201703 4.821 243.801 6.530
201706 5.460 244.955 7.360
201709 5.208 246.819 6.968
201712 4.557 246.524 6.104
201803 4.478 249.554 5.925
201806 6.199 251.989 8.123
201809 6.252 252.439 8.178
201812 5.758 251.233 7.568
201903 5.800 254.202 7.534
201906 7.398 256.143 9.537
201909 7.663 256.759 9.855
201912 6.471 256.974 8.315
202003 6.216 258.115 7.952
202006 5.808 257.797 7.439
202009 6.794 260.280 8.619
202012 6.457 260.474 8.186
202103 6.611 264.877 8.242
202106 7.378 271.696 8.967
202109 8.101 274.310 9.752
202112 7.524 278.802 8.911
202203 8.852 287.504 10.167
202206 10.251 296.311 11.424
202209 12.766 296.808 14.203
202212 9.599 296.797 10.680
202303 9.766 301.836 10.684
202306 12.151 305.109 13.151
202309 11.485 307.789 12.322
202312 -2.643 306.746 -2.845
202403 8.628 312.332 9.122
202406 9.987 314.175 10.497
202409 8.241 315.301 8.631
202412 6.918 315.605 7.238
202503 6.254 319.799 6.458
202506 8.682 322.561 8.888
202509 7.680 324.800 7.808
202512 6.096 324.054 6.212
202603 6.196 330.213 6.196

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 2.01 mean?
Ingevity (FRA:IGX) has a Cyclically Adjusted PS Ratio of 2.01 as of Jul. 24, 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 Ingevity and its competitors. This is 50% above median its historical median of 1.34. Over the past decade, Ingevity's Cyclically Adjusted PS Ratio has ranged from 0.88 to 2.11. According to the industry distribution chart, Ingevity ranks #832 out of 1277 companies in the Chemicals industry, placing it in the top 65.2%.
Is Ingevity's Cyclically Adjusted PS Ratio too high?
Ingevity's current Cyclically Adjusted PS Ratio of 2.01 is 50% above median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 2.11. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. Ingevity's value of 2.01 is 55.8% above this industry median. Based on the distribution chart, Ingevity ranks #832 out of 1277 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ingevity has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Ingevity's Cyclically Adjusted PS Ratio compare to KWR and MTX?
According to the Chemicals industry distribution chart, Ingevity ranks #832 out of 1277 companies for Cyclically Adjusted PS Ratio. This places Ingevity in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Ingevity's value of 2.01 is 55.8% above this benchmark. Historically, Ingevity's own Cyclically Adjusted PS Ratio has ranged from 0.88 to 2.11 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.29, Ingevity 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.29, based on 1,277 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. Ingevity's current Cyclically Adjusted PS Ratio of 2.01 is 55.8% 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 Ingevity and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingevity's current Cyclically Adjusted PS Ratio is 2.01, which is 50% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingevity stock overvalued right now?
Ingevity (FRA:IGX) has a current Cyclically Adjusted PS Ratio of 2.01. The stock's GF Value™ is €37.58, compared to a current price of €62.00 — trading 65% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.01, which is 50% above median its 10-year median of 1.34 and 55.8% above the Chemicals industry median of 1.29. Ingevity's overall GF Score™ is 62/100 with 6 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 Ingevity (FRA:IGX), the current Cyclically Adjusted PS Ratio is 2.01 as of Jul. 24, 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 Ingevity (FRA:IGX) Overvalued in 2026?

Based on GuruFocus' analysis, Ingevity stock appears to be overvalued. The current stock price of €62.00 is trading 65% above its estimated GF Value™ of €37.58.

Key valuation signals for FRA:IGX:

  • Cyclically Adjusted PS Ratio: 2.01 (50% above median its 10-year median of 1.34)
  • GF Value™: €37.58 vs. price of €62.00 (65% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 55.8% above the Chemicals median (#832 of 1277)

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


Ingevity Business Description

Other Exchanges NGVT:USAIGX:Germany
Address 4920 O\'Hear Avenue, Suite 400, North Charleston, SC, USA, 29405
Ingevity Corp is a chemical manufacturer based in the United States. It conducts its operations through three segments, namely Performance Chemicals, Advanced Polymer Technologies, and Performance Materials. The bulk of its revenue is generated by the Performance Chemicals segment which deals with the manufacture and sale of specialty chemicals that find their use in a range of processes such as asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, and publication inks. The Performance Materials segment, on the other hand, focuses on automotive carbon products used in automobiles. The Advanced Polymer Technologies segment produces caprolactone and caprolactone-based specialty polymers. The company generates the majority of its revenue from North America.
62GF Score

Get the complete analysis for FRA:IGX

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

€62.00
Price
€37.58
GF Value