Ingredion (FRA:CNP) PB Ratio: 1.41 (As of Jun. 26, 2026) — 33% Below Median


FRA:CNP Ingredion Inc FRA:CNP
72 GF Score
Price €85.60
GF Value €100.67
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ingredion PB Ratio?

Ingredion FRA:CNP +0.23% 72 PB Ratio is 1.41 as of Jun. 26, 2026, which is 33% below its 10-year median of 2.11. GuruFocus rates FRA:CNP with a GF Score™ of 72/100 and a GF Value™ of €100.67 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,896 Consumer Packaged Goods companies, Ingredion ranks worse than 51.42% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-26), Ingredion's share price is €85.60. Ingredion's Book Value per Share for the quarter that ended in Mar. 2026 was €60.69. Hence, Ingredion's PB Ratio of today is 1.41.

Good Sign:

Ingredion Inc stock PB Ratio (=1.38) is close to 10-year low of 1.38.

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

FRA:CNP' s PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 2.11   Max: 4.13
Current: 1.38

During the past 13 years, Ingredion's highest PB Ratio was 4.13. The lowest was 1.38. And the median was 2.11.

FRA:CNP's PB Ratio is ranked worse than
51.42% of 1896 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs FRA:CNP: 1.38

During the past 12 months, Ingredion's average Book Value Per Share Growth Rate was 12.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ingredion was 15.60% per year. The lowest was -8.20% per year. And the median was 6.45% per year.

Back to Basics: PB Ratio


Ingredion  (FRA:CNP) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Ingredion PB Ratio Related Terms


Ingredion PB Ratio Historical Data

* Premium members only.

The historical data trend for Ingredion's 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.

Ingredion PB Ratio Chart

Ingredion Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 2.00 1.93 2.31 1.59

Ingredion Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.15 2.01 1.78 1.59 1.60

FRA:CNP vs CAG, CPB, PPC: PB Ratio Comparison

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

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

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


FRA:CNP
72GF Score
Ingredion Inc FRA:CNP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ingredion PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Ingredion's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=85.60/60.69
=1.41

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.41 mean?
Ingredion (FRA:CNP) has a PB Ratio of 1.41 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ingredion and its competitors. This is 33% below median its historical median of 2.11. Over the past decade, Ingredion's PB Ratio has ranged from 1.38 to 4.13. According to the industry distribution chart, Ingredion ranks #975 out of 1896 companies in the Consumer Packaged Goods industry, placing it in the top 51.4%.
Is Ingredion's PB Ratio too high?
Ingredion's current PB Ratio of 1.41 is 33% below median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 4.13. The Consumer Packaged Goods industry median PB Ratio is 1.33. Ingredion's value of 1.41 is 6% above this industry median. Based on the distribution chart, Ingredion ranks #975 out of 1896 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Ingredion has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ingredion's PB Ratio compare to CAG and CPB?
According to the Consumer Packaged Goods industry distribution chart, Ingredion ranks #975 out of 1896 companies for PB Ratio. This places Ingredion in the lower half of its industry. The industry median PB Ratio is 1.33. Ingredion's value of 1.41 is 6% above this benchmark. Historically, Ingredion's own PB Ratio has ranged from 1.38 to 4.13 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 1.33, 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 PB Ratio for a Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.33, based on 1,896 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ingredion's current PB Ratio of 1.41 is 6% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ingredion and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingredion's current PB Ratio is 1.41, which is 33% below median its own 10-year median of 2.11. 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 (FRA:CNP) is currently considered Modestly Undervalued. The stock's GF Value™ is €100.67, compared to a current price of €85.60 — trading 15% below its estimated fair value. The current PB Ratio is 1.41, which is 33% below median its 10-year median of 2.11 and 6% above the Consumer Packaged Goods industry median of 1.33. 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 PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Ingredion (FRA:CNP), the current PB Ratio is 1.41 as of Jun. 26, 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 (FRA:CNP) Overvalued in 2026?

Based on GuruFocus' analysis, Ingredion stock appears to be undervalued. The current stock price of €85.60 is trading 15% below its estimated GF Value™ of €100.67. GuruFocus considers Ingredion to be Modestly Undervalued.

Key valuation signals for FRA:CNP:

  • PB Ratio: 1.41 (33% below median its 10-year median of 2.11)
  • GF Value™: €100.67 vs. price of €85.60 (15% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 6% above the Consumer Packaged Goods median (#975 of 1896)

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


Ingredion Business Description

Other Exchanges INGR:USAI2NG34: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 FRA:CNP

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

€85.60
Price
€100.67
GF Value