IFSUF (Infrastrutture Wireless Italiane SpA) Cyclically Adjusted PB Ratio: 1.40 (As of Aug. 01, 2026) — 34% Below Median

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IFSUF Infrastrutture Wireless Italiane SpA IFSUF
78 GF Score
Price $7.34
GF Value $12.33
Valuation Possible Value Trap
! 6 Warning Signs
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What is Infrastrutture Wireless Italiane SpA Cyclically Adjusted PB Ratio?

Infrastrutture Wireless Italiane SpA IFSUF 78 Cyclically Adjusted PB Ratio is 1.40 as of Aug. 01, 2026, which is 34% below its 10-year median of 2.13. GuruFocus rates IFSUF with a GF Score™ of 78/100 and a GF Value™ of $12.33 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,416 Real Estate companies, Infrastrutture Wireless Italiane SpA ranks worse than 78.6% on this metric.

As of today (2026-08-01), Infrastrutture Wireless Italiane SpA's current share price is $7.34. Infrastrutture Wireless Italiane SpA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $5.23. Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PB Ratio for today is 1.40.

The historical rank and industry rank for Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PB Ratio or its related term are showing as below:

IFSUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.13   Max: 2.59
Current: 1.47

During the past years, Infrastrutture Wireless Italiane SpA's highest Cyclically Adjusted PB Ratio was 2.59. The lowest was 1.45. And the median was 2.13.

IFSUF's Cyclically Adjusted PB Ratio is ranked worse than
78.6% of 1416 companies
in the Real Estate industry
Industry Median: 0.69 vs IFSUF: 1.47

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.

Infrastrutture Wireless Italiane SpA's adjusted book value per share data for the three months ended in Jun. 2026 was $3.996. 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 $5.23 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Infrastrutture Wireless Italiane SpA  (OTCPK:IFSUF) 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.


Infrastrutture Wireless Italiane SpA Cyclically Adjusted PB Ratio Related Terms


Infrastrutture Wireless Italiane SpA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Infrastrutture Wireless Italiane SpA'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.

Infrastrutture Wireless Italiane SpA Cyclically Adjusted PB Ratio Chart

Infrastrutture Wireless Italiane SpA 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 0.00 0.00 0.00 0.00 1.87

Infrastrutture Wireless Italiane SpA 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 2.49 2.38 1.87 1.59 1.41

IFSUF vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Infrastrutture Wireless Italiane SpA'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.


Infrastrutture Wireless Italiane SpA Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PB Ratio falls into.


IFSUF
78GF Score
Infrastrutture Wireless Italiane SpA IFSUF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Infrastrutture Wireless Italiane SpA 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.

Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.34/5.23
=1.40

* 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.

Infrastrutture Wireless Italiane SpA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Infrastrutture Wireless Italiane SpA'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)
=3.996/126.4000*126.4000
=3.996

Current CPI (Jun. 2026) = 126.4000.

Infrastrutture Wireless Italiane SpA Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.731 100.100 3.449
201612 2.609 100.300 3.288
201703 2.697 101.000 3.375
201706 2.725 101.100 3.407
201709 2.955 101.200 3.691
201712 3.003 101.200 3.751
201803 3.204 101.800 3.978
201806 2.880 102.400 3.555
201809 2.945 102.600 3.628
201812 2.937 102.300 3.629
201903 2.744 102.800 3.374
201906 2.809 103.100 3.444
201909 2.793 102.900 3.431
201912 2.892 102.800 3.556
202003 8.444 102.900 10.372
202006 5.272 102.900 6.476
202009 5.564 102.300 6.875
202012 5.804 102.600 7.150
202103 5.734 103.700 6.989
202106 5.507 104.200 6.680
202109 5.444 104.900 6.560
202112 5.279 106.600 6.260
202203 5.220 110.400 5.977
202206 4.751 112.500 5.338
202209 4.528 114.200 5.012
202212 4.929 119.000 5.236
202303 5.075 118.800 5.400
202306 4.843 119.700 5.114
202309 4.828 120.300 5.073
202312 4.991 119.700 5.270
202403 5.061 120.200 5.322
202406 4.528 120.700 4.742
202409 4.757 121.200 4.961
202412 4.581 121.200 4.778
202503 4.838 122.500 4.992
202506 4.603 122.700 4.742
202509 4.660 123.100 4.785
202512 4.501 122.600 4.641
202603 4.548 124.560 4.615
202606 3.996 126.400 3.996

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 1.40 mean?
Infrastrutture Wireless Italiane SpA (IFSUF) has a Cyclically Adjusted PB Ratio of 1.40 as of Aug. 01, 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 Infrastrutture Wireless Italiane SpA and its competitors. This is 34% below median its historical median of 2.13. Over the past decade, Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PB Ratio has ranged from 1.45 to 2.59. According to the industry distribution chart, Infrastrutture Wireless Italiane SpA ranks #1113 out of 1416 companies in the Real Estate industry, placing it in the top 78.6%.
Is Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PB Ratio too high?
Infrastrutture Wireless Italiane SpA's current Cyclically Adjusted PB Ratio of 1.40 is 34% below median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 2.59. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Infrastrutture Wireless Italiane SpA's value of 1.40 is 102.9% above this industry median. Based on the distribution chart, Infrastrutture Wireless Italiane SpA ranks #1113 out of 1416 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Infrastrutture Wireless Italiane SpA has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Infrastrutture Wireless Italiane SpA ranks #1113 out of 1416 companies for Cyclically Adjusted PB Ratio. This places Infrastrutture Wireless Italiane SpA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Infrastrutture Wireless Italiane SpA's value of 1.40 is 102.9% above this benchmark. Historically, Infrastrutture Wireless Italiane SpA's own Cyclically Adjusted PB Ratio has ranged from 1.45 to 2.59 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 0.69, Infrastrutture Wireless Italiane SpA 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,416 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. Infrastrutture Wireless Italiane SpA's current Cyclically Adjusted PB Ratio of 1.40 is 102.9% 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 Infrastrutture Wireless Italiane SpA and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infrastrutture Wireless Italiane SpA's current Cyclically Adjusted PB Ratio is 1.40, which is 34% below median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infrastrutture Wireless Italiane SpA stock overvalued right now?
Based on GuruFocus' analysis, Infrastrutture Wireless Italiane SpA (IFSUF) is currently considered Possible Value Trap. The stock's GF Value™ is $12.33, compared to a current price of $7.34 — trading 40.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.40, which is 34% below median its 10-year median of 2.13 and 102.9% above the Real Estate industry median of 0.69. Infrastrutture Wireless Italiane SpA's overall GF Score™ is 78/100 with 6 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 Infrastrutture Wireless Italiane SpA (IFSUF), the current Cyclically Adjusted PB Ratio is 1.40 as of Aug. 01, 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 Infrastrutture Wireless Italiane SpA (IFSUF) Overvalued in 2026?

Based on GuruFocus' analysis, Infrastrutture Wireless Italiane SpA stock appears to be undervalued. The current stock price of $7.34 is trading 40.5% below its estimated GF Value™ of $12.33. GuruFocus considers Infrastrutture Wireless Italiane SpA to be Possible Value Trap.

Key valuation signals for IFSUF:

  • Cyclically Adjusted PB Ratio: 1.40 (34% below median its 10-year median of 2.13)
  • GF Value™: $12.33 vs. price of $7.34 (40.5% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 102.9% above the Real Estate median (#1113 of 1416)

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


Infrastrutture Wireless Italiane SpA Business Description

Address Piazza Trento, 10, Rome, ITA, 00198
Inwit is an Italian wireless tower company born from the spinoff of Telecom Italia's tower assets in 2015. In 2020, Inwit merged its tower assets with those of Vodafone Italia, creating a tower leader in the Italian market with a high-quality portfolio derived from the networks created by Telecom Italia and Vodafone over the past two decades. Inwit owns 25,000 towers, having the highest tenancy ratio and EBITDA margin among the European tower firms. Cellnex is Inwit's main competitor in Italy, owning a similar number of towers.
78GF Score

Get the complete analysis for IFSUF

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

$7.34
Price
$12.33
GF Value