Infineon Technologies AG (XSWX:IFX) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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.

XSWX:IFX Infineon Technologies AG XSWX:IFX
88 GF Score
Price CHF54.28
GF Value CHF32.54
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Infineon Technologies AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Infineon Technologies AG  (XSWX:IFX) 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 6.30 6.24 5.63 5.16 4.73

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 4.96 4.85 3.50 3.59 7.17

XSWX:IFX 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.


XSWX:IFX
88GF Score
Infineon Technologies AG XSWX:IFX
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 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)
=12.341/131.3638*131.3638
=12.341

Current CPI (Jun. 2026) = 131.3638.

Infineon Technologies AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.857 101.017 6.316
201612 5.041 101.217 6.542
201703 5.062 101.417 6.557
201706 5.316 102.117 6.839
201709 5.704 102.717 7.295
201712 6.040 102.617 7.732
201803 6.229 102.917 7.951
201806 6.478 104.017 8.181
201809 6.466 104.718 8.111
201812 6.733 104.217 8.487
201903 6.587 104.217 8.303
201906 7.369 105.718 9.157
201909 7.540 106.018 9.343
201912 7.645 105.818 9.491
202003 7.455 105.718 9.264
202006 7.582 106.618 9.342
202009 7.468 105.818 9.271
202012 7.449 105.518 9.274
202103 7.900 107.518 9.652
202106 7.971 108.486 9.652
202109 8.472 109.435 10.170
202112 8.622 110.384 10.261
202203 8.801 113.968 10.144
202206 9.536 115.760 10.821
202209 10.174 118.818 11.248
202212 10.404 119.345 11.452
202303 10.641 122.402 11.420
202306 11.099 123.140 11.840
202309 11.768 124.195 12.447
202312 11.425 123.773 12.126
202403 11.981 125.038 12.587
202406 12.273 125.882 12.808
202409 11.606 126.198 12.081
202412 12.295 127.041 12.713
202503 12.136 127.779 12.476
202506 11.592 128.412 11.858
202509 11.810 129.255 12.003
202512 12.030 129.361 12.216
202603 11.942 131.258 11.952
202606 12.341 131.364 12.341

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.

Is Infineon Technologies AG (XSWX:IFX) Overvalued in 2026?

Based on GuruFocus' analysis, Infineon Technologies AG stock appears to be overvalued. The current stock price of CHF54.28 is trading 66.8% above its estimated GF Value™ of CHF32.54. GuruFocus considers Infineon Technologies AG to be Significantly Overvalued.

Key valuation signals for XSWX:IFX:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: CHF32.54 vs. price of CHF54.28 (66.8% above fair value)
  • GF Score™: 88/100 with 3 warning signs

No single metric tells the full story. See the XSWX:IFX 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.
88GF Score

Get the complete analysis for XSWX:IFX

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

CHF54.28
Price
CHF32.54
GF Value