Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Central Development HoldingsHKSE:00475 18 Cyclically Adjusted PS Ratio is 1.14 as of Aug. 02, 2026, which is 37% below its 10-year median of 1.82. GuruFocus rates HKSE:00475 with a GF Score™ of 18/100 and a GF Value™ of HK$0.26 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 707 Oil & Gas companies, Central Development Holdings ranks worse than 52.76% on this metric.
The historical rank and industry rank for Central Development Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:
HKSE:00475'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79 Med: 1.82 Max: 5.61
Current: 1.15
During the past 13 years, Central Development Holdings's highest Cyclically Adjusted PS Ratio was 5.61. The lowest was 0.79. And the median was 1.82.
HKSE:00475's Cyclically Adjusted PS Ratio is ranked worse than 52.76% of 707
companies
in the Oil & Gas industry
Industry Median: 1.06
vs HKSE:00475: 1.15
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.
Central Development Holdings's adjusted revenue per share data of for the fiscal year that ended in Mar26 was HK$0.245. 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 HK$0.36 for the trailing ten years ended in Mar26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Central Development Holdings (HKSE:00475) 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.
Central Development Holdings Cyclically Adjusted PS Ratio Related Terms
Central Development Holdings Cyclically Adjusted PS Ratio Historical Data
* 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.
Central Development Holdings Cyclically Adjusted PS Ratio Chart
HKSE:00475 vs MPC, VLO, PSX: Cyclically Adjusted PS Ratio Comparison
For the Oil & Gas Refining & Marketing subindustry, Central Development Holdings'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.
Central Development Holdings Cyclically Adjusted PS Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Central Development Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Central Development Holdings's Cyclically Adjusted PS Ratio falls into.
Central Development Holdings 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.
* 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.
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 1.14 mean?
Central Development Holdings (HKSE:00475) has a Cyclically Adjusted PS Ratio of 1.14 as of Aug. 02, 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 Central Development Holdings and its competitors. This is 37% below median its historical median of 1.82. Over the past decade, Central Development Holdings' Cyclically Adjusted PS Ratio has ranged from 0.79 to 5.61. According to the industry distribution chart, Central Development Holdings ranks #373 out of 707 companies in the Oil & Gas industry, placing it in the top 52.8%.
Is Central Development Holdings' Cyclically Adjusted PS Ratio too high?
Central Development Holdings' current Cyclically Adjusted PS Ratio of 1.14 is 37% below median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 5.61. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Central Development Holdings' value of 1.14 is 7.5% above this industry median. Based on the distribution chart, Central Development Holdings ranks #373 out of 707 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Central Development Holdings has a GF Score™ of 18/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Central Development Holdings' Cyclically Adjusted PS Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Central Development Holdings ranks #373 out of 707 companies for Cyclically Adjusted PS Ratio. This places Central Development Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Central Development Holdings' value of 1.14 is 7.5% above this benchmark. Historically, Central Development Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.79 to 5.61 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 1.06, Central Development Holdings 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 Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.06, based on 707 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. Central Development Holdings's current Cyclically Adjusted PS Ratio of 1.14 is 7.5% 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 Central Development Holdings and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Development Holdings's current Cyclically Adjusted PS Ratio is 1.14, which is 37% below median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Central Development Holdings (HKSE:00475) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.26, compared to a current price of HK$0.41 — trading 57.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.14, which is 37% below median its 10-year median of 1.82 and 7.5% above the Oil & Gas industry median of 1.06. Central Development Holdings' overall GF Score™ is 18/100 with 3 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 Central Development Holdings (HKSE:00475), the current Cyclically Adjusted PS Ratio is 1.14 as of Aug. 02, 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 Central Development Holdings (HKSE:00475) Overvalued in 2026?
Based on GuruFocus' analysis, Central Development Holdings stock appears to be overvalued.
The current stock price of HK$0.41 is trading 57.7% above its estimated GF Value™ of HK$0.26.
GuruFocus considers Central Development Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:00475:
Cyclically Adjusted PS Ratio: 1.14 (37% below median its 10-year median of 1.82)
GF Value™: HK$0.26 vs. price of HK$0.41 (57.7% above fair value)
Industry Position: 7.5% above the Oil & Gas median (#373 of 707)
No single metric tells the full story. See the HKSE:00475 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Central Development Holdings Ltd is principally engaged in the Jewelry business and Solar energy business segments. The Jewelry business segment involves the wholesale of jewelry. Its Energy Business segment is principally engaged in the manufacturing and sales of solar cooling intelligent technology products using thermal cooling-stored pipes and sales of solar photovoltaic modules and components, as well as sales of refined oil and sales of liquefied natural gas (LNG). The company generates maximum revenue from the Energy segment. Geographically, it derives a majority of its revenue from the PRC.
18GF Score
Get the complete analysis for HKSE:00475
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00475 has been successfully added to your 
