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Alibaba Group Holding (XSWX:BABA) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Alibaba Group Holding Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alibaba Group Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alibaba Group Holding's Cyclically Adjusted PB 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.

Alibaba Group Holding Cyclically Adjusted PB Ratio Chart

Alibaba Group Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 11.81 4.33 3.26 2.06

Alibaba Group Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 3.26 2.60 2.65 2.30 2.06

Competitive Comparison of Alibaba Group Holding's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, Alibaba Group Holding's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Alibaba Group Holding's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alibaba Group Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alibaba Group Holding's Cyclically Adjusted PB Ratio falls into.



Alibaba Group Holding Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Alibaba Group Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Alibaba Group Holding's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=47.046/117.7354*117.7354
=47.046

Current CPI (Mar. 2024) = 117.7354.

Alibaba Group Holding Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.332 96.409 4.069
201409 7.655 97.948 9.201
201412 8.687 99.707 10.258
201503 9.153 99.927 10.784
201506 11.008 99.267 13.056
201509 11.378 99.927 13.406
201512 13.409 102.015 15.475
201603 13.233 102.785 15.158
201606 13.257 101.686 15.349
201609 14.381 102.565 16.508
201612 15.358 103.225 17.517
201703 16.013 103.335 18.245
201706 16.792 103.664 19.071
201709 18.398 103.994 20.829
201712 20.370 104.984 22.844
201803 21.344 105.973 23.713
201806 23.404 106.193 25.948
201809 23.017 106.852 25.361
201812 25.671 107.622 28.083
201903 28.363 108.172 30.871
201906 28.665 109.601 30.793
201909 32.183 110.260 34.365
201912 38.859 110.700 41.329
202003 38.422 110.920 40.783
202006 40.166 110.590 42.761
202009 42.549 107.512 46.595
202012 46.933 109.711 50.366
202103 49.358 111.579 52.081
202106 50.707 111.360 53.610
202109 50.764 109.051 54.807
202112 52.422 112.349 54.935
202203 52.044 113.558 53.958
202206 52.710 113.448 54.702
202209 49.645 113.778 51.372
202212 50.401 114.548 51.804
202303 51.369 115.427 52.396
202306 49.247 115.647 50.136
202309 49.311 116.087 50.011
202312 47.304 117.296 47.481
202403 47.046 117.735 47.046

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Alibaba Group Holding  (XSWX:BABA) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Alibaba Group Holding Cyclically Adjusted PB Ratio Related Terms

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Alibaba Group Holding (XSWX:BABA) Business Description

Address
1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, HKG
Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume (CNY 8.3 trillion for the fiscal year ended March 2022). It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China commerce retail division accounted for 67% of revenue in the year ended March 2022. Additional revenue sources include China commerce wholesale (2%), international commerce retail/wholesale (5%/2%), local consumer services (5%), cloud computing (9%), digital media and entertainment platforms (4%), Cainiao logistics services (5%), and innovation initiatives/other (1%).