CDL Investments New Zealand (NZSE:CDI) Cyclically Adjusted PS Ratio: 2.13 (As of Jul. 23, 2026) — 48% Below Median

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NZSE:CDI CDL Investments New Zealand Ltd NZSE:CDI
49 GF Score
Price NZ$0.64
GF Value NZ$0.60
Valuation Fairly Valued
! 6 Warning Signs
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What is CDL Investments New Zealand Cyclically Adjusted PS Ratio?

CDL Investments New Zealand NZSE:CDI 49 Cyclically Adjusted PS Ratio is 2.13 as of Jul. 23, 2026, which is 48% below its 10-year median of 4.11. GuruFocus rates NZSE:CDI with a GF Score™ of 49/100 and a GF Value™ of NZ$0.60 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,359 Real Estate companies, CDL Investments New Zealand ranks worse than 54.53% on this metric.

As of today (2026-07-23), CDL Investments New Zealand's current share price is NZ$0.64. CDL Investments New Zealand's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was NZ$0.30. CDL Investments New Zealand's Cyclically Adjusted PS Ratio for today is 2.13.

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

NZSE:CDI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.13   Med: 4.11   Max: 7.42
Current: 2.13

During the past 13 years, CDL Investments New Zealand's highest Cyclically Adjusted PS Ratio was 7.42. The lowest was 2.13. And the median was 4.11.

NZSE:CDI's Cyclically Adjusted PS Ratio is ranked worse than
54.53% of 1359 companies
in the Real Estate industry
Industry Median: 1.83 vs NZSE:CDI: 2.13

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.

CDL Investments New Zealand's adjusted revenue per share data of for the fiscal year that ended in Dec25 was NZ$0.130. 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 NZ$0.30 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


CDL Investments New Zealand  (NZSE:CDI) 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.


CDL Investments New Zealand Cyclically Adjusted PS Ratio Related Terms


CDL Investments New Zealand Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CDL Investments New Zealand'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.

CDL Investments New Zealand Cyclically Adjusted PS Ratio Chart

CDL Investments New Zealand 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 4.18 2.58 2.74 2.69 2.60

CDL Investments New Zealand Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.74 0.00 2.69 0.00 2.60

CDL Investments New Zealand Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, CDL Investments New Zealand'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.


CDL Investments New Zealand Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, CDL Investments New Zealand's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CDL Investments New Zealand's Cyclically Adjusted PS Ratio falls into.


NZSE:CDI
49GF Score
CDL Investments New Zealand Ltd NZSE:CDI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CDL Investments New Zealand 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.

CDL Investments New Zealand's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.64/0.30
=2.13

* 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.

CDL Investments New Zealand's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, CDL Investments New Zealand'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)
=0.13/135.6600*135.6600
=0.130

Current CPI (Dec25) = 135.6600.

CDL Investments New Zealand Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.269 101.230 0.360
201712 0.284 102.844 0.375
201812 0.306 104.786 0.396
201912 0.329 106.729 0.418
202012 0.317 108.262 0.397
202112 0.322 114.703 0.381
202212 0.233 122.983 0.257
202312 0.106 128.708 0.112
202412 0.168 131.571 0.173
202512 0.130 135.660 0.130

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 2.13 mean?
CDL Investments New Zealand (NZSE:CDI) has a Cyclically Adjusted PS Ratio of 2.13 as of Jul. 23, 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 CDL Investments New Zealand and its competitors. This is 48% below median its historical median of 4.11. Over the past decade, CDL Investments New Zealand's Cyclically Adjusted PS Ratio has ranged from 2.13 to 7.42. According to the industry distribution chart, CDL Investments New Zealand ranks #741 out of 1359 companies in the Real Estate industry, placing it in the top 54.5%.
Is CDL Investments New Zealand's Cyclically Adjusted PS Ratio too high?
CDL Investments New Zealand's current Cyclically Adjusted PS Ratio of 2.13 is 48% below median its 10-year median of 4.11. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 7.42. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.83. CDL Investments New Zealand's value of 2.13 is 16.4% above this industry median. Based on the distribution chart, CDL Investments New Zealand ranks #741 out of 1359 companies in the Real Estate industry, which is below the industry midpoint. Overall, CDL Investments New Zealand has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CDL Investments New Zealand's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, CDL Investments New Zealand ranks #741 out of 1359 companies for Cyclically Adjusted PS Ratio. This places CDL Investments New Zealand in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.83. CDL Investments New Zealand's value of 2.13 is 16.4% above this benchmark. Historically, CDL Investments New Zealand's own Cyclically Adjusted PS Ratio has ranged from 2.13 to 7.42 over the past decade. While the company's 10-year median is 4.11 vs. the industry median of 1.83, CDL Investments New Zealand 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.83, based on 1,359 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. CDL Investments New Zealand's current Cyclically Adjusted PS Ratio of 2.13 is 16.4% 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 CDL Investments New Zealand and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDL Investments New Zealand's current Cyclically Adjusted PS Ratio is 2.13, which is 48% below median its own 10-year median of 4.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDL Investments New Zealand stock overvalued right now?
Based on GuruFocus' analysis, CDL Investments New Zealand (NZSE:CDI) is currently considered Fairly Valued. The stock's GF Value™ is NZ$0.60, compared to a current price of NZ$0.64 — trading 6.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.13, which is 48% below median its 10-year median of 4.11 and 16.4% above the Real Estate industry median of 1.83. CDL Investments New Zealand's overall GF Score™ is 49/100 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 CDL Investments New Zealand (NZSE:CDI), the current Cyclically Adjusted PS Ratio is 2.13 as of Jul. 23, 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 CDL Investments New Zealand (NZSE:CDI) Overvalued in 2026?

Based on GuruFocus' analysis, CDL Investments New Zealand stock appears to be overvalued. The current stock price of NZ$0.64 is trading 6.7% above its estimated GF Value™ of NZ$0.60. GuruFocus considers CDL Investments New Zealand to be Fairly Valued.

Key valuation signals for NZSE:CDI:

  • Cyclically Adjusted PS Ratio: 2.13 (48% below median its 10-year median of 4.11)
  • GF Value™: NZ$0.60 vs. price of NZ$0.64 (6.7% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 16.4% above the Real Estate median (#741 of 1359)

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


CDL Investments New Zealand Business Description

Address Level 7, 23 Customs Street East, P O Box 3248, Shortland Street, Auckland, NZL, 1140
CDL Investments New Zealand Ltd is engaged in land-based investment and development. The principal activity of the company is the development and sale of residential land properties. The operating segments of the Group consist of property operations, comprising the development and sale of residential land sections and rental income from development properties and investment properties. All revenues are derived in New Zealand.
49GF Score

Get the complete analysis for NZSE:CDI

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

NZ$0.64
Price
NZ$0.60
GF Value