MGP Ingredients (FRA:M1I) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:M1I MGP Ingredients Inc FRA:M1I
61 GF Score
Price €12.20
GF Value €21.63
! 7 Warning Signs
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What is MGP Ingredients Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MGP Ingredients  (FRA:M1I) 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.


MGP Ingredients Cyclically Adjusted PS Ratio Related Terms


MGP Ingredients Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MGP Ingredients'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.

MGP Ingredients Cyclically Adjusted PS Ratio Chart

MGP Ingredients 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 3.77 4.37 3.56 1.37 0.73

MGP Ingredients 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 0.90 0.73 0.73 0.56 0.51

FRA:M1I vs AGCC, SNDL, CWGL: Cyclically Adjusted PS Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients'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.


MGP Ingredients Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, MGP Ingredients's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:M1I
61GF Score
MGP Ingredients Inc FRA:M1I
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MGP Ingredients 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.

MGP Ingredients's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, MGP Ingredients'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)
=4.99/333.9520*333.9520
=4.990

Current CPI (Jun. 2026) = 333.9520.

MGP Ingredients Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.298 241.428 5.945
201612 4.507 241.432 6.234
201703 4.894 243.801 6.704
201706 4.653 244.955 6.344
201709 4.391 246.819 5.941
201712 4.464 246.524 6.047
201803 4.249 249.554 5.686
201806 4.391 251.989 5.819
201809 4.843 252.439 6.407
201812 5.444 251.233 7.236
201903 4.624 254.202 6.075
201906 4.732 256.143 6.169
201909 4.790 256.759 6.230
201912 4.904 256.974 6.373
202003 5.286 258.115 6.839
202006 4.974 257.797 6.443
202009 5.211 260.280 6.686
202012 5.003 260.474 6.414
202103 5.313 264.877 6.699
202106 6.626 271.696 8.144
202109 6.816 274.310 8.298
202112 6.343 278.802 7.598
202203 7.914 287.504 9.193
202206 8.315 296.311 9.371
202209 8.983 296.808 10.107
202212 8.400 296.797 9.452
202303 8.488 301.836 9.391
202306 8.674 305.109 9.494
202309 8.691 307.789 9.430
202312 9.056 306.746 9.859
202403 7.097 312.332 7.588
202406 8.013 314.175 8.517
202409 6.660 315.301 7.054
202412 7.799 315.605 8.252
202503 5.416 319.799 5.656
202506 6.009 322.561 6.221
202509 5.241 324.800 5.389
202512 5.560 324.054 5.730
202603 4.253 330.213 4.301
202606 4.990 333.952 4.990

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.

Is MGP Ingredients (FRA:M1I) Overvalued in 2026?

Based on GuruFocus' analysis, MGP Ingredients stock appears to be undervalued. The current stock price of €12.20 is trading 43.6% below its estimated GF Value™ of €21.63.

Key valuation signals for FRA:M1I:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €21.63 vs. price of €12.20 (43.6% below fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the FRA:M1I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MGP Ingredients Business Description

Other Exchanges MGPI:USA
Address 100 Commercial Street, Box 130, Atchison, KS, USA, 66002
MGP Ingredients Inc is a producer and supplier of distilled spirits, specialty wheat protein, and starch food ingredients based in the United States. It operates in three reportable segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Maximum revenue is generated from the Branded Spirits segment, which consists of a portfolio of brands that it produces through its distilleries and bottling facilities and sells to distributors or to state governments that directly control the sale of alcohol. MGP's branded spirits include various brands across numerous categories and price tiers, such as Penelope Bourbon, Yellowstone Bourbon, Minor Case Straight Rye Whiskey, Brady's Irish Cream, Exotico Tequila, Arrow Cordials, Canada House Canadian Whisky, Lady Bligh Rum, etc.
61GF Score

Get the complete analysis for FRA:M1I

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

€12.20
Price
€21.63
GF Value