C&D International Investment Group (HKSE:01908) Cyclically Adjusted PS Ratio: 0.28 (As of Sep. 08, 2026) — 66% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:01908 C&D International Investment Group Ltd HKSE:01908
81 GF Score
Price HK$12.70
GF Value HK$14.10
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is C&D International Investment Group Cyclically Adjusted PS Ratio?

C&D International Investment Group HKSE:01908 +3.67% 81 Cyclically Adjusted PS Ratio is 0.28 as of Sep. 08, 2026, which is 66% below its 10-year median of 0.82. GuruFocus rates HKSE:01908 with a GF Score™ of 81/100 and a GF Value™ of HK$14.10 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,363 Real Estate companies, C&D International Investment Group ranks better than 87.31% on this metric.

As of today (2026-09-08), C&D International Investment Group's current share price is HK$12.70. C&D International Investment Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was HK$46.10. C&D International Investment Group's Cyclically Adjusted PS Ratio for today is 0.28.

The historical rank and industry rank for C&D International Investment Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:01908' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.82   Max: 1.77
Current: 0.28

During the past 13 years, C&D International Investment Group's highest Cyclically Adjusted PS Ratio was 1.77. The lowest was 0.27. And the median was 0.82.

HKSE:01908's Cyclically Adjusted PS Ratio is ranked better than
87.31% of 1363 companies
in the Real Estate industry
Industry Median: 1.81 vs HKSE:01908: 0.28

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.

C&D International Investment Group's adjusted revenue per share data of for the fiscal year that ended in Dec25 was HK$73.372. 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$46.10 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


C&D International Investment Group  (HKSE:01908) 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.


C&D International Investment Group Cyclically Adjusted PS Ratio Related Terms


C&D International Investment Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for C&D International Investment Group'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.

C&D International Investment Group Cyclically Adjusted PS Ratio Chart

C&D International Investment Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 1.05 0.55 0.34 0.34

C&D International Investment Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 0.34 0.00 0.34 0.00

C&D International Investment Group Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, C&D International Investment Group'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.


C&D International Investment Group Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, C&D International Investment Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where C&D International Investment Group's Cyclically Adjusted PS Ratio falls into.


HKSE:01908
81GF Score
C&D International Investment Group Ltd HKSE:01908
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

C&D International Investment Group 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.

C&D International Investment Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.70/46.10
=0.28

* 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.

C&D International Investment Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, C&D International Investment Group's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=73.372/120.7036*120.7036
=73.372

Current CPI (Dec25) = 120.7036.

C&D International Investment Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.322 103.225 0.377
201712 10.795 104.984 12.411
201812 18.351 107.622 20.582
201912 16.602 110.700 18.102
202012 43.412 109.711 47.762
202112 49.660 112.349 53.353
202212 68.554 114.548 72.238
202312 80.256 117.296 82.588
202412 79.002 118.945 80.170
202512 73.372 120.704 73.372

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 0.28 mean?
C&D International Investment Group (HKSE:01908) has a Cyclically Adjusted PS Ratio of 0.28 as of Sep. 08, 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 C&D International Investment Group and its competitors. This is 66% below median its historical median of 0.82. Over the past decade, C&D International Investment Group's Cyclically Adjusted PS Ratio has ranged from 0.27 to 1.77. According to the industry distribution chart, C&D International Investment Group ranks #173 out of 1363 companies in the Real Estate industry, placing it in the top 12.7%.
Is C&D International Investment Group's Cyclically Adjusted PS Ratio too high?
C&D International Investment Group's current Cyclically Adjusted PS Ratio of 0.28 is 66% below median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.77. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.81. C&D International Investment Group's value of 0.28 is 84.5% below this industry median. Based on the distribution chart, C&D International Investment Group ranks #173 out of 1363 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, C&D International Investment Group has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does C&D International Investment Group's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, C&D International Investment Group ranks #173 out of 1363 companies for Cyclically Adjusted PS Ratio. This places C&D International Investment Group in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.81. C&D International Investment Group's value of 0.28 is 84.5% below this benchmark. Historically, C&D International Investment Group's own Cyclically Adjusted PS Ratio has ranged from 0.27 to 1.77 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.81, C&D International Investment Group has consistently been below 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.81, based on 1,363 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. C&D International Investment Group's current Cyclically Adjusted PS Ratio of 0.28 is 84.5% below 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 C&D International Investment Group and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C&D International Investment Group's current Cyclically Adjusted PS Ratio is 0.28, which is 66% below median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C&D International Investment Group stock overvalued right now?
Based on GuruFocus' analysis, C&D International Investment Group (HKSE:01908) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$14.10, compared to a current price of HK$12.70 — trading 9.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.28, which is 66% below median its 10-year median of 0.82 and 84.5% below the Real Estate industry median of 1.81. C&D International Investment Group's overall GF Score™ is 81/100 with 6 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 C&D International Investment Group (HKSE:01908), the current Cyclically Adjusted PS Ratio is 0.28 as of Sep. 08, 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 C&D International Investment Group (HKSE:01908) Overvalued in 2026?

Based on GuruFocus' analysis, C&D International Investment Group stock appears to be undervalued. The current stock price of HK$12.70 is trading 9.9% below its estimated GF Value™ of HK$14.10. GuruFocus considers C&D International Investment Group to be Modestly Undervalued.

Key valuation signals for HKSE:01908:

  • Cyclically Adjusted PS Ratio: 0.28 (66% below median its 10-year median of 0.82)
  • GF Value™: HK$14.10 vs. price of HK$12.70 (9.9% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 84.5% below the Real Estate median (#173 of 1363)

No single metric tells the full story. See the HKSE:01908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


C&D International Investment Group Business Description

Address 213 Queen’s Road East, Office No. 3517, 35th Floor, Wu Chung House, Wanchai, Hong Kong, HKG
C&D International Investment Group Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the businesses of real estate development, real estate industry chain investment services, and investment in emerging industries in the People's Republic of China (PRC). The group's operating segments are Property development, which generates maximum revenue, and Property management and other related services.
81GF Score

Get the complete analysis for HKSE:01908

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

HK$12.70
Price
HK$14.10
GF Value