International Flavors & Fragrances (BUE:IFF) Cyclically Adjusted PB Ratio: 1.37 (As of Aug. 22, 2026) — 66% Below Median

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BUE:IFF International Flavors & Fragrances Inc BUE:IFF
46 GF Score
Price ARS11,100.00
GF Value ARS8,253.75
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is International Flavors & Fragrances Cyclically Adjusted PB Ratio?

International Flavors & Fragrances BUE:IFF 46 Cyclically Adjusted PB Ratio is 1.37 as of Aug. 22, 2026, which is 66% below its 10-year median of 3.98. GuruFocus rates BUE:IFF with a GF Score™ of 46/100 and a GF Value™ of ARS8,253.75 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,160 Chemicals companies, International Flavors & Fragrances ranks better than 59.14% on this metric.

As of today (2026-08-22), International Flavors & Fragrances's current share price is ARS11100.00. International Flavors & Fragrances's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ARS8,131.78. International Flavors & Fragrances's Cyclically Adjusted PB Ratio for today is 1.37.

The historical rank and industry rank for International Flavors & Fragrances's Cyclically Adjusted PB Ratio or its related term are showing as below:

BUE:IFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 3.98   Max: 9.58
Current: 1.29

During the past years, International Flavors & Fragrances's highest Cyclically Adjusted PB Ratio was 9.58. The lowest was 0.98. And the median was 3.98.

BUE:IFF's Cyclically Adjusted PB Ratio is ranked better than
59.14% of 1160 companies
in the Chemicals industry
Industry Median: 1.68 vs BUE:IFF: 1.29

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

International Flavors & Fragrances's adjusted book value per share data for the three months ended in Jun. 2026 was ARS162,172.294. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ARS8,131.78 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Flavors & Fragrances  (BUE:IFF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


International Flavors & Fragrances Cyclically Adjusted PB Ratio Related Terms


International Flavors & Fragrances Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for International Flavors & Fragrances's Cyclically Adjusted 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.

International Flavors & Fragrances Cyclically Adjusted PB Ratio Chart

International Flavors & Fragrances Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 2.26 1.55 1.49 1.10

International Flavors & Fragrances Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted 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 1.24 1.01 1.10 1.15 1.23

BUE:IFF vs LYB, DD, RPM: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, International Flavors & Fragrances's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


International Flavors & Fragrances Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where International Flavors & Fragrances's Cyclically Adjusted PB Ratio falls into.


BUE:IFF
46GF Score
International Flavors & Fragrances Inc BUE:IFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Flavors & Fragrances Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

International Flavors & Fragrances's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11100.00/8131.78
=1.37

* 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.

International Flavors & Fragrances's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, International Flavors & Fragrances's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=162172.294/333.9520*333.9520
=162,172.294

Current CPI (Jun. 2026) = 333.9520.

International Flavors & Fragrances Quarterly Data

Book Value per Share CPI Adj_Book
201609 635.805 241.428 879.469
201612 650.896 241.432 900.328
201703 635.082 243.801 869.918
201706 699.119 244.955 953.123
201709 779.819 246.819 1,055.114
201712 814.709 246.524 1,103.640
201803 905.403 249.554 1,211.606
201806 1,104.202 251.989 1,463.359
201809 3,235.280 252.439 4,279.958
201812 4,266.975 251.233 5,671.886
201903 4,503.462 254.202 5,916.319
201906 5,188.193 256.143 6,764.219
201909 6,343.705 256.759 8,250.901
201912 6,960.157 256.974 9,045.111
202003 6,773.220 258.115 8,763.266
202006 7,667.024 257.797 9,931.915
202009 8,439.712 260.280 10,828.564
202012 9,603.841 260.474 12,313.021
202103 15,667.535 264.877 19,753.337
202106 16,554.263 271.696 20,347.481
202109 16,461.207 274.310 20,040.294
202112 16,726.540 278.802 20,035.227
202203 17,641.946 287.504 20,492.108
202206 19,124.873 296.311 21,554.345
202209 18,407.128 296.808 20,710.686
202212 23,217.507 296.797 26,124.027
202303 27,507.120 301.836 30,433.937
202306 33,143.851 305.109 36,277.053
202309 46,550.694 307.789 50,507.644
202312 41,322.514 306.746 44,987.502
202403 94,314.333 312.332 100,842.886
202406 99,856.501 314.175 106,142.367
202409 109,863.542 315.301 116,362.300
202412 109,294.672 315.605 115,648.276
202503 109,856.795 319.799 114,718.609
202506 133,444.457 322.561 138,156.948
202509 150,919.705 324.800 155,172.221
202512 160,691.241 324.054 165,599.441
202603 154,727.435 330.213 156,479.413
202606 162,172.294 333.952 162,172.294

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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 PB Ratio of 1.37 mean?
International Flavors & Fragrances (BUE:IFF) has a Cyclically Adjusted PB Ratio of 1.37 as of Aug. 22, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on International Flavors & Fragrances and its competitors. This is 66% below median its historical median of 3.98. Over the past decade, International Flavors & Fragrances' Cyclically Adjusted PB Ratio has ranged from 0.98 to 9.58. According to the industry distribution chart, International Flavors & Fragrances ranks #474 out of 1160 companies in the Chemicals industry, placing it in the top 40.9%.
Is International Flavors & Fragrances' Cyclically Adjusted PB Ratio too high?
International Flavors & Fragrances' current Cyclically Adjusted PB Ratio of 1.37 is 66% below median its 10-year median of 3.98. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 9.58. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.68. International Flavors & Fragrances' value of 1.37 is 18.5% below this industry median. Based on the distribution chart, International Flavors & Fragrances ranks #474 out of 1160 companies in the Chemicals industry, which is above the industry midpoint. Overall, International Flavors & Fragrances has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Flavors & Fragrances' Cyclically Adjusted PB Ratio compare to LYB and DD?
According to the Chemicals industry distribution chart, International Flavors & Fragrances ranks #474 out of 1160 companies for Cyclically Adjusted PB Ratio. This puts International Flavors & Fragrances in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.68. International Flavors & Fragrances' value of 1.37 is 18.5% below this benchmark. Historically, International Flavors & Fragrances' own Cyclically Adjusted PB Ratio has ranged from 0.98 to 9.58 over the past decade. While the company's 10-year median is 3.98 vs. the industry median of 1.68, International Flavors & Fragrances has consistently been below 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 PB Ratio for a Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.68, based on 1,160 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. International Flavors & Fragrances's current Cyclically Adjusted PB Ratio of 1.37 is 18.5% below 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 PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on International Flavors & Fragrances and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Flavors & Fragrances's current Cyclically Adjusted PB Ratio is 1.37, which is 66% below median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Flavors & Fragrances stock overvalued right now?
Based on GuruFocus' analysis, International Flavors & Fragrances (BUE:IFF) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS8,253.75, compared to a current price of ARS11,100.00 — trading 34.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.37, which is 66% below median its 10-year median of 3.98 and 18.5% below the Chemicals industry median of 1.68. International Flavors & Fragrances' overall GF Score™ is 46/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For International Flavors & Fragrances (BUE:IFF), the current Cyclically Adjusted PB Ratio is 1.37 as of Aug. 22, 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 International Flavors & Fragrances (BUE:IFF) Overvalued in 2026?

Based on GuruFocus' analysis, International Flavors & Fragrances stock appears to be overvalued. The current stock price of ARS11,100.00 is trading 34.5% above its estimated GF Value™ of ARS8,253.75. GuruFocus considers International Flavors & Fragrances to be Significantly Overvalued.

Key valuation signals for BUE:IFF:

  • Cyclically Adjusted PB Ratio: 1.37 (66% below median its 10-year median of 3.98)
  • GF Value™: ARS8,253.75 vs. price of ARS11,100.00 (34.5% above fair value)
  • GF Score™: 46/100 with 9 warning signs
  • Industry Position: 18.5% below the Chemicals median (#474 of 1160)

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


International Flavors & Fragrances Business Description

Address 521 West 57th Street, New York, NY, USA, 10019-2960
International Flavors & Fragrances is the largest specialty ingredients producer globally. It sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations and partners with customers to deliver custom solutions. Through its taste and scent segments, which each generate around 25% of profits, IFF is a leading flavor and fragrance producer. The health and biosciences business, which generates 30% of profits, is a global leader in probiotics and enzymes. The remaining profits come from the food ingredients business, which sells texturants, plant-based proteins, and other ingredients, though IFF plans to divest it in a deal expected to close in 2027.
46GF Score

Get the complete analysis for BUE:IFF

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

ARS11,100.00
Price
ARS8,253.75
GF Value