A new method is discussed for the systematic synthesis, design and performance optimization of varactor-based parametric frequency dividers (PFDs) exhibiting an ultra-low power threshold (P th ). For the first time, it is analytically shown that the P th -value exhibited by any PFD can always be expressed as an explicit closed-form function of the different impedances forming its network. Such a unique and unexplored property permits to rely on linear models, during the PFD design and performance optimization. The validity of our analytical model has been verified, in a commercial circuit simulator, through time-domain and frequency-domain algorithms. To demonstrate the effectiveness of our new synthesis approach, we also report on a lumped prototype of a 200:100MHz PFD, realized on a printed circuit board (PCB). Although inductors with quality factors lower than 50 were used, the PFD prototype exhibits a P th -value lower than −15dBm. Such a low P th -value is the lowest one ever reported for passive varactor-based PFDs, operating in the same frequency range.