Yes
Example.
Divide 1 by 1 and the answer is 1
Divide 1 by 1/10 and the answer is 10
Divide 1 by 1/100 and the answer is 100
Divide 1 by 1/1,000 and the answer is 1,000
Divide 1 by 1/10,000 and the answer is 10,000
Divide 1 by 1/100,000 and the answer is 100,000
Divide 1 by 1/1,000,000 and the answer is 1,000,000
This illustrates that as the absolute value of the denominator approaches zero the answer approaches infinity. 1/infinity is almost as close to zero as one can get. Therefore, dividing 1 by 1/infinity is infinity. I trust I wont have to explain why I said almost as close.
And what is infinity/pi^2? :)