Infineon Technologies AG (MEX:IFX N) Cyclically Adjusted PB Ratio: 9.66 (As of Aug. 23, 2026) — 108% Above Median

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MEX:IFX N Infineon Technologies AG MEX:IFX N
81 GF Score
Price MXN1,231.84
GF Value MXN421.42
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Infineon Technologies AG Cyclically Adjusted PB Ratio?

Infineon Technologies AG MEX:IFX N 81 Cyclically Adjusted PB Ratio is 9.66 as of Aug. 23, 2026, which is 108% above its 10-year median of 4.65. GuruFocus rates MEX:IFX N with a GF Score™ of 81/100 and a GF Value™ of MXN421.42 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 725 Semiconductors companies, Infineon Technologies AG ranks worse than 65.38% on this metric.

As of today (2026-08-23), Infineon Technologies AG's current share price is MXN1231.84. Infineon Technologies AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN127.51. Infineon Technologies AG's Cyclically Adjusted PB Ratio for today is 9.66.

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

MEX:IFX N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.58   Med: 4.65   Max: 7.99
Current: 5.34

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 4.65.

MEX:IFX N's Cyclically Adjusted PB Ratio is ranked worse than
65.38% of 725 companies
in the Semiconductors industry
Industry Median: 3.16 vs MEX:IFX N: 5.34

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 Jun. 2026 was MXN278.759. 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 MXN127.51 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Infineon Technologies AG  (MEX:IFX N) 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
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 3.82 3.42 3.80 3.70 7.80

MEX:IFX N 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.


MEX:IFX N
81GF Score
Infineon Technologies AG MEX:IFX N
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
=1231.84/127.51
=9.66

* 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 Jun. 2026 is calculated as:

For example, Infineon Technologies AG'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)
=278.759/131.3638*131.3638
=278.759

Current CPI (Jun. 2026) = 131.3638.

Infineon Technologies AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 96.748 101.017 125.813
201612 102.056 101.217 132.453
201703 95.215 101.417 123.331
201706 98.834 102.117 127.141
201709 107.865 102.717 137.947
201712 119.973 102.617 153.582
201803 118.483 102.917 151.232
201806 128.274 104.017 161.998
201809 124.396 104.718 156.050
201812 133.455 104.217 168.217
201903 117.438 104.217 148.028
201906 144.058 105.718 179.005
201909 150.802 106.018 186.855
201912 167.470 105.818 207.900
202003 207.080 105.718 257.316
202006 209.139 106.618 257.680
202009 204.432 105.818 253.785
202012 189.142 105.518 235.472
202103 196.668 107.518 240.286
202106 196.389 108.486 237.804
202109 211.927 109.435 254.394
202112 214.402 110.384 255.153
202203 209.078 113.968 240.991
202206 222.106 115.760 252.044
202209 228.548 118.818 252.680
202212 236.754 119.345 260.597
202303 225.027 122.402 241.502
202306 228.227 123.140 243.468
202309 243.029 124.195 257.058
202312 245.902 123.773 260.983
202403 239.197 125.038 251.298
202406 269.449 125.882 281.184
202409 289.649 126.198 301.506
202412 306.470 127.041 316.898
202503 291.230 127.779 299.400
202506 279.336 128.412 285.758
202509 281.937 129.255 286.536
202512 283.007 129.361 287.389
202603 279.265 131.258 279.489
202606 278.759 131.364 278.759

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 9.66 mean?
Infineon Technologies AG (MEX:IFX N) has a Cyclically Adjusted PB Ratio of 9.66 as of Aug. 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 108% above median its historical median of 4.65. 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 #474 out of 725 companies in the Semiconductors industry, placing it in the top 65.4%.
Is Infineon Technologies AG's Cyclically Adjusted PB Ratio too high?
Infineon Technologies AG's current Cyclically Adjusted PB Ratio of 9.66 is 108% above median its 10-year median of 4.65. 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 3.16. Infineon Technologies AG's value of 9.66 is 205.7% above this industry median. Based on the distribution chart, Infineon Technologies AG ranks #474 out of 725 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Infineon Technologies AG has a GF Score™ of 81/100 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 #474 out of 725 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 3.16. Infineon Technologies AG's value of 9.66 is 205.7% 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 4.65 vs. the industry median of 3.16, 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 3.16, based on 725 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 9.66 is 205.7% 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 3.16 — 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 9.66, which is 108% above median its own 10-year median of 4.65. 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 (MEX:IFX N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN421.42, compared to a current price of MXN1,231.84 — trading 192.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.66, which is 108% above median its 10-year median of 4.65 and 205.7% above the Semiconductors industry median of 3.16. Infineon Technologies AG's overall GF Score™ is 81/100 with 3 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 (MEX:IFX N), the current Cyclically Adjusted PB Ratio is 9.66 as of Aug. 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 (MEX:IFX N) Overvalued in 2026?

Based on GuruFocus' analysis, Infineon Technologies AG stock appears to be overvalued. The current stock price of MXN1,231.84 is trading 192.3% above its estimated GF Value™ of MXN421.42. GuruFocus considers Infineon Technologies AG to be Significantly Overvalued.

Key valuation signals for MEX:IFX N:

  • Cyclically Adjusted PB Ratio: 9.66 (108% above median its 10-year median of 4.65)
  • GF Value™: MXN421.42 vs. price of MXN1,231.84 (192.3% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 205.7% above the Semiconductors median (#474 of 725)

No single metric tells the full story. See the MEX:IFX N 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.
81GF Score

Get the complete analysis for MEX:IFX N

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

MXN1,231.84
Price
MXN421.42
GF Value