Infineon Technologies AG (CHIX:IFXD) Cyclically Adjusted PB Ratio: 6.73 (As of Jul. 23, 2026) — 45% Above Median

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CHIX:IFXD Infineon Technologies AG CHIX:IFXD
84 GF Score
Price €69.20
GF Value €34.38
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Infineon Technologies AG Cyclically Adjusted PB Ratio?

Infineon Technologies AG CHIX:IFXD +2.22% 84 Cyclically Adjusted PB Ratio is 6.73 as of Jul. 23, 2026, which is 45% above its 10-year median of 4.64. GuruFocus rates CHIX:IFXD with a GF Score™ of 84/100 and a GF Value™ of €34.38 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 735 Semiconductors companies, Infineon Technologies AG ranks worse than 72.24% on this metric.

As of today (2026-07-23), Infineon Technologies AG's current share price is €69.195. Infineon Technologies AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €10.28. Infineon Technologies AG's Cyclically Adjusted PB Ratio for today is 6.73.

The historical rank and industry rank for Infineon Technologies AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:IFXd' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.58   Med: 4.64   Max: 7.99
Current: 6.8

During the past years, Infineon Technologies AG's highest Cyclically Adjusted PB Ratio was 7.99. The lowest was 2.58. And the median was 4.64.

CHIX:IFXd's Cyclically Adjusted PB Ratio is ranked worse than
72.24% of 735 companies
in the Semiconductors industry
Industry Median: 3.17 vs CHIX:IFXd: 6.80

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.

Infineon Technologies AG's adjusted book value per share data for the three months ended in Mar. 2026 was €13.396. 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 €10.28 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Infineon Technologies AG  (CHIX:IFXd) 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.


Infineon Technologies AG Cyclically Adjusted PB Ratio Related Terms


Infineon Technologies AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Infineon Technologies AG'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.

Infineon Technologies AG Cyclically Adjusted PB Ratio Chart

Infineon Technologies AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.37 3.47 4.10 3.63 3.42

Infineon Technologies AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.30 3.82 3.42 3.80 3.70

CHIX:IFXD vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Infineon Technologies AG'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.


Infineon Technologies AG Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Infineon Technologies AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Infineon Technologies AG's Cyclically Adjusted PB Ratio falls into.


CHIX:IFXD
84GF Score
Infineon Technologies AG CHIX:IFXD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Infineon Technologies AG 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.

Infineon Technologies AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=69.195/10.28
=6.73

* 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.

Infineon Technologies AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Infineon Technologies AG's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=13.396/131.2583*131.2583
=13.396

Current CPI (Mar. 2026) = 131.2583.

Infineon Technologies AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.298 100.717 5.601
201609 4.458 101.017 5.793
201612 4.693 101.217 6.086
201703 4.728 101.417 6.119
201706 4.866 102.117 6.255
201709 4.987 102.717 6.373
201712 5.162 102.617 6.603
201803 5.289 102.917 6.745
201806 5.588 104.017 7.051
201809 5.699 104.718 7.143
201812 5.974 104.217 7.524
201903 5.358 104.217 6.748
201906 6.637 105.718 8.240
201909 6.936 106.018 8.587
201912 7.992 105.818 9.913
202003 7.992 105.718 9.923
202006 8.046 106.618 9.906
202009 7.857 105.818 9.746
202012 7.816 105.518 9.723
202103 8.082 107.518 9.867
202106 8.189 108.486 9.908
202109 8.761 109.435 10.508
202112 9.250 110.384 10.999
202203 9.535 113.968 10.982
202206 10.444 115.760 11.842
202209 11.476 118.818 12.678
202212 11.464 119.345 12.608
202303 11.660 122.402 12.504
202306 12.287 123.140 13.097
202309 13.073 124.195 13.817
202312 13.284 123.773 14.087
202403 13.260 125.038 13.920
202406 13.664 125.882 14.248
202409 13.254 126.198 13.785
202412 14.033 127.041 14.499
202503 13.168 127.779 13.527
202506 12.862 128.412 13.147
202509 13.095 129.255 13.298
202512 13.423 129.361 13.620
202603 13.396 131.258 13.396

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 6.73 mean?
Infineon Technologies AG (CHIX:IFXD) has a Cyclically Adjusted PB Ratio of 6.73 as of Jul. 23, 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 Infineon Technologies AG and its competitors. This is 45% above median its historical median of 4.64. Over the past decade, Infineon Technologies AG's Cyclically Adjusted PB Ratio has ranged from 2.58 to 7.99. According to the industry distribution chart, Infineon Technologies AG ranks #531 out of 735 companies in the Semiconductors industry, placing it in the top 72.2%.
Is Infineon Technologies AG's Cyclically Adjusted PB Ratio too high?
Infineon Technologies AG's current Cyclically Adjusted PB Ratio of 6.73 is 45% above median its 10-year median of 4.64. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 7.99. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.17. Infineon Technologies AG's value of 6.73 is 112.3% above this industry median. Based on the distribution chart, Infineon Technologies AG ranks #531 out of 735 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Infineon Technologies AG has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Infineon Technologies AG's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Infineon Technologies AG ranks #531 out of 735 companies for Cyclically Adjusted PB Ratio. This places Infineon Technologies AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.17. Infineon Technologies AG's value of 6.73 is 112.3% above this benchmark. Historically, Infineon Technologies AG's own Cyclically Adjusted PB Ratio has ranged from 2.58 to 7.99 over the past decade. While the company's 10-year median is 4.64 vs. the industry median of 3.17, Infineon Technologies AG 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 Cyclically Adjusted PB Ratio for a Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.17, based on 735 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. Infineon Technologies AG's current Cyclically Adjusted PB Ratio of 6.73 is 112.3% 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 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 Infineon Technologies AG and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infineon Technologies AG's current Cyclically Adjusted PB Ratio is 6.73, which is 45% above median its own 10-year median of 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infineon Technologies AG stock overvalued right now?
Based on GuruFocus' analysis, Infineon Technologies AG (CHIX:IFXD) is currently considered Significantly Overvalued. The stock's GF Value™ is €34.38, compared to a current price of €69.20 — trading 101.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.73, which is 45% above median its 10-year median of 4.64 and 112.3% above the Semiconductors industry median of 3.17. Infineon Technologies AG's overall GF Score™ is 84/100 with 4 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 Infineon Technologies AG (CHIX:IFXD), the current Cyclically Adjusted PB Ratio is 6.73 as of Jul. 23, 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 Infineon Technologies AG (CHIX:IFXD) Overvalued in 2026?

Based on GuruFocus' analysis, Infineon Technologies AG stock appears to be overvalued. The current stock price of €69.20 is trading 101.3% above its estimated GF Value™ of €34.38. GuruFocus considers Infineon Technologies AG to be Significantly Overvalued.

Key valuation signals for CHIX:IFXD:

  • Cyclically Adjusted PB Ratio: 6.73 (45% above median its 10-year median of 4.64)
  • GF Value™: €34.38 vs. price of €69.20 (101.3% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 112.3% above the Semiconductors median (#531 of 735)

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


Infineon Technologies AG Business Description

Address Am Campeon 1-15, Neubiberg, Munich, DEU, 85579
Infineon Technologies headquartered in Munich, was spun off from German industrial conglomerate Siemens in 2000 and today is one of Europe's largest chipmakers. The company is a leader in the automotive semiconductor market with prominent products used in active safety and powertrain content within vehicles. Infineon is also the market leader in power semiconductors used to deliver voltage within a wide variety of electrical systems. The company operates in four segments: automotive, or ATV, green industrial power, or GIP, power and sensor systems, or PSS, and connected secure systems, or CSS.
84GF Score

Get the complete analysis for CHIX:IFXD

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

€69.20
Price
€34.38
GF Value