Infratil (ASX:IFT) Cyclically Adjusted PS Ratio: 5.10 (As of Jul. 05, 2026) — 117% Above Median


ASX:IFT Infratil Ltd ASX:IFT
77 GF Score
Price A$12.49
GF Value A$8.89
Valuation Significantly Overvalued
! 15 Warning Signs
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What is Infratil Cyclically Adjusted PS Ratio?

Infratil ASX:IFT -0.95% 77 Cyclically Adjusted PS Ratio is 5.10 as of Jul. 05, 2026, which is 117% above its 10-year median of 2.35. GuruFocus rates ASX:IFT with a GF Score™ of 77/100 and a GF Value™ of A$8.89 (Significantly Overvalued). The stock has 15 warning signs investors should review. Among 470 Conglomerates companies, Infratil ranks worse than 87.23% on this metric.

As of today (2026-07-05), Infratil's current share price is A$12.49. Infratil's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was A$2.45. Infratil's Cyclically Adjusted PS Ratio for today is 5.10.

The historical rank and industry rank for Infratil's Cyclically Adjusted PS Ratio or its related term are showing as below:

ASX:IFT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 2.35   Max: 5.35
Current: 5.1

During the past 13 years, Infratil's highest Cyclically Adjusted PS Ratio was 5.35. The lowest was 0.76. And the median was 2.35.

ASX:IFT's Cyclically Adjusted PS Ratio is ranked worse than
87.23% of 470 companies
in the Conglomerates industry
Industry Median: 0.83 vs ASX:IFT: 5.10

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Infratil's adjusted revenue per share data of for the fiscal year that ended in Mar26 was A$2.536. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is A$2.45 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Infratil  (ASX:IFT) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Infratil Cyclically Adjusted PS Ratio Related Terms


Infratil Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Infratil's Cyclically Adjusted PS 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.

Infratil Cyclically Adjusted PS Ratio Chart

Infratil Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 3.10 3.71 3.48 3.93

Infratil Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cyclically Adjusted PS 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 3.71 0.00 3.48 0.00 3.93

ASX:IFT vs HON, MMM: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Infratil's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Infratil Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Infratil's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Infratil's Cyclically Adjusted PS Ratio falls into.


ASX:IFT
77GF Score
Infratil Ltd ASX:IFT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Infratil Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Infratil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.49/2.45
=5.10

* 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.

Infratil's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Infratil's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=2.536/136.8867*136.8867
=2.536

Current CPI (Mar26) = 136.8867.

Infratil Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 2.949 102.231 3.949
201803 2.855 103.355 3.781
201903 2.273 104.889 2.966
202003 1.946 107.547 2.477
202103 1.382 109.182 1.733
202203 1.106 116.747 1.297
202303 1.531 124.517 1.683
202403 3.435 129.526 3.630
202503 3.252 132.798 3.352
202603 2.536 136.887 2.536

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 5.10 mean?
Infratil (ASX:IFT) has a Cyclically Adjusted PS Ratio of 5.10 as of Jul. 05, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Infratil and its competitors. This is 117% above median its historical median of 2.35. Over the past decade, Infratil's Cyclically Adjusted PS Ratio has ranged from 0.76 to 5.35. According to the industry distribution chart, Infratil ranks #410 out of 470 companies in the Conglomerates industry, placing it in the top 87.2%.
Is Infratil's Cyclically Adjusted PS Ratio too high?
Infratil's current Cyclically Adjusted PS Ratio of 5.10 is 117% above median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 5.35. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.83. Infratil's value of 5.10 is 514.5% above this industry median. Based on the distribution chart, Infratil ranks #410 out of 470 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Infratil has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Infratil's Cyclically Adjusted PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Infratil ranks #410 out of 470 companies for Cyclically Adjusted PS Ratio. This places Infratil in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.83. Infratil's value of 5.10 is 514.5% above this benchmark. Historically, Infratil's own Cyclically Adjusted PS Ratio has ranged from 0.76 to 5.35 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 0.83, Infratil 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 PS Ratio for a Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.83, based on 470 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Infratil's current Cyclically Adjusted PS Ratio of 5.10 is 514.5% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Infratil and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infratil's current Cyclically Adjusted PS Ratio is 5.10, which is 117% above median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infratil stock overvalued right now?
Based on GuruFocus' analysis, Infratil (ASX:IFT) is currently considered Significantly Overvalued. The stock's GF Value™ is A$8.89, compared to a current price of A$12.49 — trading 40.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.10, which is 117% above median its 10-year median of 2.35 and 514.5% above the Conglomerates industry median of 0.83. Infratil's overall GF Score™ is 77/100 with 15 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Infratil (ASX:IFT), the current Cyclically Adjusted PS Ratio is 5.10 as of Jul. 05, 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 Infratil (ASX:IFT) Overvalued in 2026?

Based on GuruFocus' analysis, Infratil stock appears to be overvalued. The current stock price of A$12.49 is trading 40.5% above its estimated GF Value™ of A$8.89. GuruFocus considers Infratil to be Significantly Overvalued.

Key valuation signals for ASX:IFT:

  • Cyclically Adjusted PS Ratio: 5.10 (117% above median its 10-year median of 2.35)
  • GF Value™: A$8.89 vs. price of A$12.49 (40.5% above fair value)
  • GF Score™: 77/100 with 15 warning signs
  • Industry Position: 514.5% above the Conglomerates median (#410 of 470)

No single metric tells the full story. See the ASX:IFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Infratil Business Description

Address 5 Market Lane, P.O. Box 320, Wellington, NTL, NZL, 6140
Infratil Ltd is a New Zealand based company that invests in companies that are engaged in the energy, transport, and social infrastructure businesses. The company's business segments include Gurin Energy, Manawa Energy and Mint Renewables, which are renewable generation investments; Wellington International Airport is an airport investment; Qscan Group, RHCNZ Medical Imaging and Anytime Radiology Group are diagnostic imaging investments and One NZ is a digital infrastructure investment. Geographically, it derives a majority of its revenue from New Zealand; and other regions.
77GF Score

Get the complete analysis for ASX:IFT

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

A$12.49
Price
A$8.89
GF Value