GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » MGP Ingredients Inc (FRA:M1I) » Definitions » Shiller PE Ratio

MGP Ingredients (FRA:M1I) Shiller PE Ratio : 25.67 (As of May. 13, 2024)


View and export this data going back to 2006. Start your Free Trial

What is MGP Ingredients Shiller PE Ratio?

As of today (2024-05-13), MGP Ingredients's current share price is €76.50. MGP Ingredients's E10 for the quarter that ended in Mar. 2024 was €2.98. MGP Ingredients's Shiller PE Ratio for today is 25.67.

The historical rank and industry rank for MGP Ingredients's Shiller PE Ratio or its related term are showing as below:

FRA:M1I' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.63   Med: 44.14   Max: 2595
Current: 25.57

During the past years, MGP Ingredients's highest Shiller PE Ratio was 2595.00. The lowest was 19.63. And the median was 44.14.

FRA:M1I's Shiller PE Ratio is ranked worse than
56.39% of 133 companies
in the Beverages - Alcoholic industry
Industry Median: 23.86 vs FRA:M1I: 25.57

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

MGP Ingredients's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.846. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MGP Ingredients Shiller PE Ratio Historical Data

The historical data trend for MGP Ingredients's Shiller PE 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.

* Premium members only.

MGP Ingredients Shiller PE Ratio Chart

MGP Ingredients Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.18 32.73 43.16 41.19 30.88

MGP Ingredients Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 35.10 36.32 34.48 30.88 26.51

Competitive Comparison of MGP Ingredients's Shiller PE Ratio

For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where MGP Ingredients's Shiller PE Ratio falls into.



MGP Ingredients Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

MGP Ingredients's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=76.50/2.98
=25.67

* 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's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, MGP Ingredients's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.846/129.4194*129.4194
=0.846

Current CPI (Mar. 2024) = 129.4194.

MGP Ingredients Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.206 100.560 0.265
201409 0.264 100.428 0.340
201412 0.349 99.070 0.456
201503 0.259 99.621 0.336
201506 0.392 100.684 0.504
201509 0.339 100.392 0.437
201512 0.349 99.792 0.453
201603 0.368 100.470 0.474
201606 0.329 101.688 0.419
201609 0.490 101.861 0.623
201612 0.455 101.863 0.578
201703 0.467 102.862 0.588
201706 0.329 103.349 0.412
201709 0.688 104.136 0.855
201712 0.625 104.011 0.778
201803 0.422 105.290 0.519
201806 0.377 106.317 0.459
201809 0.446 106.507 0.542
201812 0.607 105.998 0.741
201903 0.504 107.251 0.608
201906 0.407 108.070 0.487
201909 0.436 108.329 0.521
201912 0.684 108.420 0.816
202003 0.516 108.902 0.613
202006 0.444 108.767 0.528
202009 0.518 109.815 0.610
202012 0.567 109.897 0.668
202103 0.756 111.754 0.876
202106 0.755 114.631 0.852
202109 0.918 115.734 1.027
202112 1.239 117.630 1.363
202203 1.535 121.301 1.638
202206 1.088 125.017 1.126
202209 1.071 125.227 1.107
202212 0.953 125.222 0.985
202303 1.298 127.348 1.319
202306 1.329 128.729 1.336
202309 0.543 129.860 0.541
202312 1.275 129.419 1.275
202403 0.846 129.419 0.846

Add all the adjusted EPS together and divide 10 will get our E10.

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.


MGP Ingredients  (FRA:M1I) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


MGP Ingredients Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of MGP Ingredients's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MGP Ingredients (FRA:M1I) Business Description

Traded in Other Exchanges
Address
100 Commercial Street, P.O. Box 130, Atchison, KS, USA, 66002
MGP Ingredients Inc is a producer and supplier of premium distilled spirits and specialty wheat protein and starch food ingredients. MGP also produces high-quality industrial alcohol for use in both food and non-food applications. It operates in three segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Distillery Solutions provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil: and warehouse services, including barrel put away, storage, and retrieval services. It derives most of its revenue from the Distillery Solutions segment.

MGP Ingredients (FRA:M1I) Headlines

No Headlines