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Infineon Technologies AG (FRA:IFXA) Cyclically Adjusted PB Ratio : 4.20 (As of Apr. 27, 2024)


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What is Infineon Technologies AG Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Infineon Technologies AG's current share price is €32.20. Infineon Technologies AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €7.67. Infineon Technologies AG's Cyclically Adjusted PB Ratio for today is 4.20.

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

FRA:IFXA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 4.42   Max: 7.74
Current: 3.84

During the past years, Infineon Technologies AG's highest Cyclically Adjusted PB Ratio was 7.74. The lowest was 1.13. And the median was 4.42.

FRA:IFXA's Cyclically Adjusted PB Ratio is ranked worse than
69.31% of 668 companies
in the Semiconductors industry
Industry Median: 2.38 vs FRA:IFXA: 3.84

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.

Infineon Technologies AG's adjusted book value per share data for the three months ended in Dec. 2023 was €13.219. 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 €7.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Infineon Technologies AG Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Infineon Technologies AG Cyclically Adjusted PB Ratio Chart

Infineon Technologies AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.84 4.95 6.32 3.40 4.10

Infineon Technologies AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.20 5.29 5.12 4.10 4.82

Competitive Comparison of Infineon Technologies AG's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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
=32.20/7.67
=4.20

* 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 Dec. 2023 is calculated as:

For example, Infineon Technologies AG's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=13.219/123.6675*123.6675
=13.219

Current CPI (Dec. 2023) = 123.6675.

Infineon Technologies AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.457 99.543 4.295
201406 3.586 99.543 4.455
201409 3.703 99.823 4.588
201412 3.911 99.543 4.859
201503 3.721 99.717 4.615
201506 3.923 100.417 4.831
201509 4.152 100.417 5.113
201512 4.297 99.717 5.329
201603 4.248 100.017 5.253
201606 4.298 100.717 5.277
201609 4.458 101.017 5.458
201612 4.693 101.217 5.734
201703 4.728 101.417 5.765
201706 4.866 102.117 5.893
201709 4.987 102.717 6.004
201712 5.162 102.617 6.221
201803 5.289 102.917 6.355
201806 5.588 104.017 6.644
201809 5.699 104.718 6.730
201812 5.974 104.217 7.089
201903 5.358 104.217 6.358
201906 6.637 105.718 7.764
201909 6.936 106.018 8.091
201912 7.992 105.818 9.340
202003 7.992 105.718 9.349
202006 8.046 106.618 9.333
202009 7.857 105.818 9.182
202012 7.816 105.518 9.160
202103 8.082 107.518 9.296
202106 8.189 108.486 9.335
202109 8.761 109.435 9.900
202112 9.250 110.384 10.363
202203 9.535 113.968 10.346
202206 10.444 115.760 11.157
202209 11.476 118.818 11.944
202212 11.464 119.345 11.879
202303 11.660 122.402 11.781
202306 12.287 123.140 12.340
202309 13.073 124.195 13.018
202312 13.219 123.668 13.219

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.


Infineon Technologies AG  (FRA:IFXA) 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

Thank you for viewing the detailed overview of Infineon Technologies AG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Infineon Technologies AG (FRA:IFXA) Business Description

Address
Am Campeon 1-15, Neubiberg, Munich, DEU, 85579
Infineon Technologies AG 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.

Infineon Technologies AG (FRA:IFXA) Headlines

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