Infinity Development Holdings Company (HKSE:00640) Cyclically Adjusted PS Ratio : 0.60 (As of Apr. 30, 2024)

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What is Infinity Development Holdings Company Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Infinity Development Holdings Company's current share price is HK$0.73. Infinity Development Holdings Company's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 was HK$1.22. Infinity Development Holdings Company's Cyclically Adjusted PS Ratio for today is 0.60.

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

HKSE:00640' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49 Med: 0.67 Max: 0.96
Current: 0.6

During the past 13 years, Infinity Development Holdings Company's highest Cyclically Adjusted PS Ratio was 0.96. The lowest was 0.49. And the median was 0.67.

HKSE:00640's Cyclically Adjusted PS Ratio is ranked better than
73.18% of 1193 companies
in the Chemicals industry
Industry Median: 1.2 vs HKSE:00640: 0.60

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.

Infinity Development Holdings Company's adjusted revenue per share data of for the fiscal year that ended in Sep23 was HK$1.192. 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$1.22 for the trailing ten years ended in Sep23.

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Infinity Development Holdings Company Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Infinity Development Holdings Company'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.

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Infinity Development Holdings Company Cyclically Adjusted PS Ratio Chart

Infinity Development Holdings Company Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cyclically Adjusted PS Ratio

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0.71

0.68

0.64

0.57

0.52

Infinity Development Holdings Company Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cyclically Adjusted PS Ratio	Get a 7-Day Free Trial															0.64	-	0.57	-	0.52

Competitive Comparison of Infinity Development Holdings Company's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Infinity Development Holdings Company'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.

Infinity Development Holdings Company's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Infinity Development Holdings Company's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Infinity Development Holdings Company's Cyclically Adjusted PS Ratio falls into.

Infinity Development Holdings Company 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.

Infinity Development Holdings Company's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	0.73	/	1.22
	=	0.60

Infinity Development Holdings Company's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Infinity Development Holdings Company's adjusted Revenue per Share data for the fiscal year that ended in Sep23 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Sep23 (Change)	*	Current CPI (Sep23)
	=	1.192	/	129.8595	*	129.8595
	=	1.192

Current CPI (Sep23) = 129.8595.

Infinity Development Holdings Company Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201409	0.863	100.428	1.116
201509	0.878	100.392	1.136
201609	0.782	101.861	0.997
201709	0.854	104.136	1.065
201809	1.065	106.507	1.299
201909	1.144	108.329	1.371
202009	0.951	109.815	1.125
202109	1.142	115.734	1.281
202209	1.530	125.227	1.587
202309	1.192	129.860	1.192

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.

Infinity Development Holdings Company (HKSE:00640) 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.

Infinity Development Holdings Company Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Infinity Development Holdings Company's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Infinity Development Holdings Company (HKSE:00640) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Infinity Development Holdings Company Ltd (HKSE:00640) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Andar A-D, Macau Finance Centre, Rua de Pequim No. 202A-246, Macau, MAC

Website

http://www.infinitydevelopment.com.hk

Infinity Development Holdings Company Ltd is an investment holding company. The company focuses on manufacturing and selling adhesives, primers, hardeners, vulcanized shoes, and adhesive related products for the footwear industry. Its geographical segments include China, Singapore, India, Regions of Hong Kong, Macau and Taiwan, Vietnam and Cambodia, Indonesia, and Bangladesh, of which the vast majority of its revenue is generated from Vietnam and Cambodia.

Infinity Development Holdings Company (HKSE:00640) Headlines

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