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International Flavors & FragrancesMIL:1IFF 40 Cyclically Adjusted PB Ratio is 1.33 as of Jul. 25, 2026, which is 67% below its 10-year median of 4.01. GuruFocus rates MIL:1IFF with a GF Score™ of 40/100 and a GF Value™ of €65.20 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,273 Chemicals companies, International Flavors & Fragrances ranks better than 62.92% on this metric.
The historical rank and industry rank for International Flavors & Fragrances's Cyclically Adjusted PB Ratio or its related term are showing as below:
MIL:1IFF'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98 Med: 4.01 Max: 9.58
Current: 1.2
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 4.01.
MIL:1IFF's Cyclically Adjusted PB Ratio is ranked better than 62.92% of 1273
companies
in the Chemicals industry
Industry Median: 1.66
vs MIL:1IFF: 1.20
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 Mar. 2026 was €47.860. 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 €51.34 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
International Flavors & Fragrances (MIL:1IFF) 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
* 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
MIL:1IFF vs DD, LYB, ALB: 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.
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.
* 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.
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 1.33 mean?
International Flavors & Fragrances (MIL:1IFF) has a Cyclically Adjusted PB Ratio of 1.33 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 International Flavors & Fragrances and its competitors. This is 67% below median its historical median of 4.01. 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 #472 out of 1273 companies in the Chemicals industry, placing it in the top 37.1%.
Is International Flavors & Fragrances' Cyclically Adjusted PB Ratio too high?
International Flavors & Fragrances' current Cyclically Adjusted PB Ratio of 1.33 is 67% below median its 10-year median of 4.01. 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 1.66. International Flavors & Fragrances' value of 1.33 is 19.9% below this industry median. Based on the distribution chart, International Flavors & Fragrances ranks #472 out of 1273 companies in the Chemicals industry, which is above the industry midpoint. Overall, International Flavors & Fragrances has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does International Flavors & Fragrances' Cyclically Adjusted PB Ratio compare to DD and LYB?
According to the Chemicals industry distribution chart, International Flavors & Fragrances ranks #472 out of 1273 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 1.66. International Flavors & Fragrances' value of 1.33 is 19.9% 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 4.01 vs. the industry median of 1.66, 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 1.66, based on 1,273 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 1.33 is 19.9% 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 International Flavors & Fragrances and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.66 — 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 1.33, which is 67% below median its own 10-year median of 4.01. 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 (MIL:1IFF) is currently considered Fairly Valued. The stock's GF Value™ is €65.20, compared to a current price of €68.12 — trading 4.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.33, which is 67% below median its 10-year median of 4.01 and 19.9% below the Chemicals industry median of 1.66. International Flavors & Fragrances' overall GF Score™ is 40/100 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 (MIL:1IFF), the current Cyclically Adjusted PB Ratio is 1.33 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 International Flavors & Fragrances (MIL:1IFF) Overvalued in 2026?
Based on GuruFocus' analysis, International Flavors & Fragrances stock appears to be overvalued.
The current stock price of €68.12 is trading 4.5% above its estimated GF Value™ of €65.20.
GuruFocus considers International Flavors & Fragrances to be Fairly Valued.
Key valuation signals for MIL:1IFF:
Cyclically Adjusted PB Ratio: 1.33 (67% below median its 10-year median of 4.01)
GF Value™: €65.20 vs. price of €68.12 (4.5% above fair value)
Industry Position: 19.9% below the Chemicals median (#472 of 1273)
No single metric tells the full story. See the MIL:1IFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Flavors & Fragrances Business Description
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.
40GF Score
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