HICL Infrastructure (CHIX:HICLL) Cyclically Adjusted PS Ratio: 10.27 (As of Jul. 17, 2026) — 10% Above Median

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CHIX:HICLL HICL Infrastructure PLC CHIX:HICLL
61 GF Score
Price £1.23
GF Value £3.05
! 4 Warning Signs
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What is HICL Infrastructure Cyclically Adjusted PS Ratio?

HICL Infrastructure CHIX:HICLL 61 Cyclically Adjusted PS Ratio is 10.27 as of Jul. 17, 2026, which is 10% above its 10-year median of 9.33. GuruFocus rates CHIX:HICLL with a GF Score™ of 61/100 and a GF Value™ of £3.05. The stock has 4 warning signs investors should review. Among 902 Asset Management companies, HICL Infrastructure ranks worse than 69.18% on this metric.

As of today (2026-07-17), HICL Infrastructure's current share price is £1.232. HICL Infrastructure's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was £0.12. HICL Infrastructure's Cyclically Adjusted PS Ratio for today is 10.27.

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

CHIX:HICLl' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.38   Med: 9.33   Max: 13.07
Current: 11.75

During the past 13 years, HICL Infrastructure's highest Cyclically Adjusted PS Ratio was 13.07. The lowest was 6.38. And the median was 9.33.

CHIX:HICLl's Cyclically Adjusted PS Ratio is ranked worse than
69.18% of 902 companies
in the Asset Management industry
Industry Median: 7.68 vs CHIX:HICLl: 11.75

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.

HICL Infrastructure's adjusted revenue per share data of for the fiscal year that ended in Mar26 was £0.144. 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 £0.12 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


HICL Infrastructure  (CHIX:HICLl) 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.


HICL Infrastructure Cyclically Adjusted PS Ratio Related Terms


HICL Infrastructure Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for HICL Infrastructure'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.

HICL Infrastructure Cyclically Adjusted PS Ratio Chart

HICL Infrastructure 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 12.70 10.55 9.41 9.90 10.29

HICL Infrastructure 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 9.41 0.00 9.90 0.00 10.29

CHIX:HICLL vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, HICL Infrastructure'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.


HICL Infrastructure Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, HICL Infrastructure's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:HICLL
61GF Score
HICL Infrastructure PLC CHIX:HICLL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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HICL Infrastructure 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.

HICL Infrastructure's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.232/0.12
=10.27

* 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.

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

For example, HICL Infrastructure'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)
=0.144/140.8000*140.8000
=0.144

Current CPI (Mar26) = 140.8000.

HICL Infrastructure Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 0.125 102.700 0.171
201803 0.071 105.100 0.095
201903 0.162 107.000 0.213
202003 0.028 108.600 0.036
202103 0.081 109.700 0.104
202203 0.192 116.500 0.232
202303 0.101 126.800 0.112
202403 0.017 131.600 0.018
202503 0.025 136.100 0.026
202603 0.144 140.800 0.144

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 10.27 mean?
HICL Infrastructure (CHIX:HICLL) has a Cyclically Adjusted PS Ratio of 10.27 as of Jul. 17, 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 HICL Infrastructure and its competitors. This is 10% above median its historical median of 9.33. Over the past decade, HICL Infrastructure's Cyclically Adjusted PS Ratio has ranged from 6.38 to 13.07. According to the industry distribution chart, HICL Infrastructure ranks #624 out of 902 companies in the Asset Management industry, placing it in the top 69.2%.
Is HICL Infrastructure's Cyclically Adjusted PS Ratio too high?
HICL Infrastructure's current Cyclically Adjusted PS Ratio of 10.27 is 10% above median its 10-year median of 9.33. Over the past 10 years, this metric has ranged from a low of 6.38 to a high of 13.07. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.68. HICL Infrastructure's value of 10.27 is 33.7% above this industry median. Based on the distribution chart, HICL Infrastructure ranks #624 out of 902 companies in the Asset Management industry, which is below the industry midpoint. Overall, HICL Infrastructure has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does HICL Infrastructure's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, HICL Infrastructure ranks #624 out of 902 companies for Cyclically Adjusted PS Ratio. This places HICL Infrastructure in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.68. HICL Infrastructure's value of 10.27 is 33.7% above this benchmark. Historically, HICL Infrastructure's own Cyclically Adjusted PS Ratio has ranged from 6.38 to 13.07 over the past decade. While the company's 10-year median is 9.33 vs. the industry median of 7.68, HICL Infrastructure 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 an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.68, based on 902 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. HICL Infrastructure's current Cyclically Adjusted PS Ratio of 10.27 is 33.7% 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 HICL Infrastructure and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HICL Infrastructure's current Cyclically Adjusted PS Ratio is 10.27, which is 10% above median its own 10-year median of 9.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HICL Infrastructure stock overvalued right now?
HICL Infrastructure (CHIX:HICLL) has a current Cyclically Adjusted PS Ratio of 10.27. The stock's GF Value™ is £3.05, compared to a current price of £1.23 — trading 59.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.27, which is 10% above median its 10-year median of 9.33 and 33.7% above the Asset Management industry median of 7.68. HICL Infrastructure's overall GF Score™ is 61/100 with 4 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 HICL Infrastructure (CHIX:HICLL), the current Cyclically Adjusted PS Ratio is 10.27 as of Jul. 17, 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 HICL Infrastructure (CHIX:HICLL) Overvalued in 2026?

Based on GuruFocus' analysis, HICL Infrastructure stock appears to be undervalued. The current stock price of £1.23 is trading 59.6% below its estimated GF Value™ of £3.05.

Key valuation signals for CHIX:HICLL:

  • Cyclically Adjusted PS Ratio: 10.27 (10% above median its 10-year median of 9.33)
  • GF Value™: £3.05 vs. price of £1.23 (59.6% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 33.7% above the Asset Management median (#624 of 902)

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


HICL Infrastructure Business Description

Other Exchanges HICL:UK
Address One Bartholomew Close, Level 7, Barts Square, London, GBR, EC1A 7BL
HICL Infrastructure PLC is a closed-ended investment company based in the United Kingdom. The company directs its investments toward infrastructure projects with special emphasis on Public-Private Partnerships companies, Regulated infrastructure, and Demand-based infrastructure companies. The Company's geographical segments based on its investments are the United Kingdom, the European Union, North America, and Australia/New Zealand.
61GF Score

Get the complete analysis for CHIX:HICLL

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

£1.23
Price
£3.05
GF Value