INVE (Identiv) Cyclically Adjusted PB Ratio: 0.82 (As of Jul. 25, 2026) — 29% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

INVE Identiv Inc INVE
68 GF Score
Price $2.69
GF Value $2.59
Valuation Fairly Valued
! 5 Warning Signs
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What is Identiv Cyclically Adjusted PB Ratio?

Identiv INVE -2.89% 68 Cyclically Adjusted PB Ratio is 0.82 as of Jul. 25, 2026, which is 29% below its 10-year median of 1.15. GuruFocus rates INVE with a GF Score™ of 68/100 and a GF Value™ of $2.59 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,363 Construction companies, Identiv ranks better than 62.14% on this metric.

As of today (2026-07-25), Identiv's current share price is $2.692. Identiv's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.30. Identiv's Cyclically Adjusted PB Ratio for today is 0.82.

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

INVE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 1.15   Max: 7.39
Current: 0.84

During the past years, Identiv's highest Cyclically Adjusted PB Ratio was 7.39. The lowest was 0.14. And the median was 1.15.

INVE's Cyclically Adjusted PB Ratio is ranked better than
62.14% of 1363 companies
in the Construction industry
Industry Median: 1.17 vs INVE: 0.84

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.

Identiv's adjusted book value per share data for the three months ended in Mar. 2026 was $5.727. 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 $3.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Identiv  (NAS:INVE) 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.


Identiv Cyclically Adjusted PB Ratio Related Terms


Identiv Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Identiv'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.

Identiv Cyclically Adjusted PB Ratio Chart

Identiv 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 7.38 2.34 2.94 1.30 1.23

Identiv 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 1.10 1.10 1.14 1.23 1.12

INVE vs APT, CSTE, SNTL: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Identiv'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.


Identiv Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Identiv's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


INVE
68GF Score
Identiv Inc INVE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Identiv 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.

Identiv's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.692/3.30
=0.82

* 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.

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

For example, Identiv'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)
=5.727/330.2130*330.2130
=5.727

Current CPI (Mar. 2026) = 330.2130.

Identiv Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.378 241.018 0.518
201609 0.386 241.428 0.528
201612 0.370 241.432 0.506
201703 0.464 243.801 0.628
201706 1.162 244.955 1.566
201709 1.118 246.819 1.496
201712 1.664 246.524 2.229
201803 1.624 249.554 2.149
201806 1.970 251.989 2.582
201809 1.955 252.439 2.557
201812 2.121 251.233 2.788
201903 2.125 254.202 2.760
201906 2.127 256.143 2.742
201909 2.176 256.759 2.799
201912 2.088 256.974 2.683
202003 1.908 258.115 2.441
202006 1.820 257.797 2.331
202009 1.885 260.280 2.391
202012 1.893 260.474 2.400
202103 1.816 264.877 2.264
202106 3.331 271.696 4.048
202109 3.438 274.310 4.139
202112 3.352 278.802 3.970
202203 3.311 287.504 3.803
202206 3.275 296.311 3.650
202209 3.288 296.808 3.658
202212 3.332 296.797 3.707
202303 3.245 301.836 3.550
202306 3.214 305.109 3.478
202309 3.232 307.789 3.467
202312 3.195 306.746 3.439
202403 3.007 312.332 3.179
202406 2.774 314.175 2.916
202409 6.565 315.301 6.875
202412 6.575 315.605 6.879
202503 6.398 319.799 6.606
202506 6.189 322.561 6.336
202509 6.054 324.800 6.155
202512 5.920 324.054 6.033
202603 5.727 330.213 5.727

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 0.82 mean?
Identiv (INVE) has a Cyclically Adjusted PB Ratio of 0.82 as of Jul. 25, 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 Identiv and its competitors. This is 29% below median its historical median of 1.15. Over the past decade, Identiv's Cyclically Adjusted PB Ratio has ranged from 0.14 to 7.39. According to the industry distribution chart, Identiv ranks #516 out of 1363 companies in the Construction industry, placing it in the top 37.9%.
Is Identiv's Cyclically Adjusted PB Ratio too high?
Identiv's current Cyclically Adjusted PB Ratio of 0.82 is 29% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 7.39. The Construction industry median Cyclically Adjusted PB Ratio is 1.17. Identiv's value of 0.82 is 29.9% below this industry median. Based on the distribution chart, Identiv ranks #516 out of 1363 companies in the Construction industry, which is above the industry midpoint. Overall, Identiv has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Identiv's Cyclically Adjusted PB Ratio compare to APT and CSTE?
According to the Construction industry distribution chart, Identiv ranks #516 out of 1363 companies for Cyclically Adjusted PB Ratio. This puts Identiv in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Identiv's value of 0.82 is 29.9% below this benchmark. Historically, Identiv's own Cyclically Adjusted PB Ratio has ranged from 0.14 to 7.39 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.17, Identiv 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.17, based on 1,363 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. Identiv's current Cyclically Adjusted PB Ratio of 0.82 is 29.9% 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 Identiv and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Identiv's current Cyclically Adjusted PB Ratio is 0.82, which is 29% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Identiv stock overvalued right now?
Based on GuruFocus' analysis, Identiv (INVE) is currently considered Fairly Valued. The stock's GF Value™ is $2.59, compared to a current price of $2.69 — trading 3.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is 29% below median its 10-year median of 1.15 and 29.9% below the Construction industry median of 1.17. Identiv's overall GF Score™ is 68/100 with 5 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 Identiv (INVE), the current Cyclically Adjusted PB Ratio is 0.82 as of Jul. 25, 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 Identiv (INVE) Overvalued in 2026?

Based on GuruFocus' analysis, Identiv stock appears to be overvalued. The current stock price of $2.69 is trading 3.9% above its estimated GF Value™ of $2.59. GuruFocus considers Identiv to be Fairly Valued.

Key valuation signals for INVE:

  • Cyclically Adjusted PB Ratio: 0.82 (29% below median its 10-year median of 1.15)
  • GF Value™: $2.59 vs. price of $2.69 (3.9% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 29.9% below the Construction median (#516 of 1363)

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


Identiv Business Description

Other Exchanges INVN:Germany
Address 1900-B Carnegie Avenue, Santa Ana, CA, USA, 92705
Identiv Inc develops specialty radio-frequency identification (RFID) and Internet of Things It (IoT) solutions that address customers' challenges and create new opportunities for them through the digitization and enhanced connectivity to the IoT. It designs, produces, and sells RFID and Bluetooth Low Energy (BLE) enabled devices, RFID inlays, tags, and labels that can be applied or incorporated into physical objects, providing them with a digital identity and the ability for customers to track, monitor, authenticate, and engage with consumers. Its IoT Business segment develops, manufactures, and supplies specialty IoT solutions tailored for the healthcare, logistics, smart packaging industries and other high-value end markets.
68GF Score

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

$2.69
Price
$2.59
GF Value