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HICL Infrastructure (LSE:HICL) Cyclically Adjusted PS Ratio : 9.42 (As of May. 28, 2024)


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What is HICL Infrastructure Cyclically Adjusted PS Ratio?

As of today (2024-05-28), HICL Infrastructure's current share price is £1.224. HICL Infrastructure's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was £0.13. HICL Infrastructure's Cyclically Adjusted PS Ratio for today is 9.42.

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

LSE:HICL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.38   Med: 8.72   Max: 13.07
Current: 9.11

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 8.72.

LSE:HICL's Cyclically Adjusted PS Ratio is ranked worse than
57.22% of 872 companies
in the Asset Management industry
Industry Median: 7.605 vs LSE:HICL: 9.11

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 Mar24 was £0.017. 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 £0.13 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


HICL Infrastructure Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

HICL Infrastructure Cyclically Adjusted PS Ratio Chart

HICL Infrastructure Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.90 10.54 12.70 10.55 9.41

HICL Infrastructure Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Mar24
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 - 12.70 - 10.55 9.41

Competitive Comparison of HICL Infrastructure's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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
=1.224/0.13
=9.42

* 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 Mar24 is calculated as:

For example, HICL Infrastructure's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.017/131.6000*131.6000
=0.017

Current CPI (Mar24) = 131.6000.

HICL Infrastructure Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.203 99.600 0.268
201603 0.120 100.400 0.157
201703 0.125 102.700 0.160
201803 0.071 105.100 0.089
201903 0.162 107.000 0.199
202003 0.028 108.600 0.034
202103 0.081 109.700 0.097
202203 0.192 116.500 0.217
202303 0.101 126.800 0.105
202403 0.017 131.600 0.017

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.


HICL Infrastructure  (LSE:HICL) 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

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


HICL Infrastructure (LSE:HICL) Business Description

Traded in Other Exchanges
Address
One Bartholomew Close, Barts Square, Level 7, 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. Its geographical segments based on its investments are United Kingdom, European Union, and North America.

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