Start with its own history
At 9.34×, INGR is 49.9% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · INGRPackaged FoodsUpdated Nov 4, 2026
Ingredion Incorporated P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
9.34×
49.9% belowthe 10-year annual average
Share price97.47
÷Earnings per share10.44
Price and EPS in quote currency. Calculation details
Investors are paying 9.34 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 18.64×
3-year average11.59×3 positive annual observations
5-year average20.70×5 positive annual observations
10-year average18.64×10 positive annual observations
Peer median · TTM17.36×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 9.71× | -30.3% |
| Dec 31, 2024 | 13.92× | +25.0% |
| Dec 31, 2023 | 11.14× | -15.5% |
| Dec 31, 2022 | 13.18× | -76.3% |
| Dec 31, 2021 | 55.54× | +265.7% |
| Dec 31, 2020 | 15.19× | +0.8% |
| Dec 31, 2019 | 15.06× | +3.0% |
| Dec 31, 2018 | 14.62× | -24.6% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 19.39× | +4.0% |
| Dec 31, 2016 | 18.65× | +9.4% |
| Dec 31, 2015 | 17.05× | -3.1% |
| Dec 31, 2014 | 17.60× | +32.2% |
| Dec 31, 2013 | 13.32× | +15.6% |
| Dec 31, 2012 | 11.53× | +19.2% |
| Dec 31, 2011 | 9.67× | -52.9% |
| Dec 31, 2010 | 20.54× | -61.4% |
| Dec 31, 2009 | 53.15× | +561.3% |
| Dec 31, 2008 | 8.04× | -42.1% |
| Dec 31, 2007 | 13.87× | -32.9% |
| Dec 31, 2006 | 20.68× | +3.9% |
| Dec 31, 2005 | 19.91× | -4.8% |
| Dec 31, 2004 | 20.92× | +28.7% |
| Dec 31, 2003 | 16.25× | -4.0% |
| Dec 31, 2002 | 16.93× | -23.2% |
| Dec 31, 2001 | 22.04× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How INGR compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 INGR This stockIngredion Incorporated | 9.34× |
 CAGConagra Brands, Inc. | N/M |
 CPBCampbell Soup Company | 17.36× |
 PPCPilgrim's Pride Corporation | 21.49× |
 POSTPost Holdings, Inc. | 14.21× |
 LWLamb Weston Holdings, Inc. | 30.59× |
 SFMSprouts Farmers Market, Inc. | 10.36× |
 OLLIOllie's Bargain Outlet Holdings, Inc. | 20.91× |
 TALTAL Education Group | 2.46× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does INGR’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 17.36×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take INGR into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("INGR", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 97.47 ÷ EPS 10.44 = 9.34×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 4, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
INGR P/E ratio: common questions
The essentials behind the numbers.
Ingredion Incorporated's current P/E is 9.34× based on the quote data last updated Nov 4, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.