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Alibaba Group Holding (BUE:BABA) Cyclically Adjusted PS Ratio : 3.26 (As of Jun. 10, 2024)


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What is Alibaba Group Holding Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Alibaba Group Holding's current share price is ARS11149.00. Alibaba Group Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS3,422.50. Alibaba Group Holding's Cyclically Adjusted PS Ratio for today is 3.26.

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

BUE:BABA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.41   Med: 4.75   Max: 22.25
Current: 2.73

During the past years, Alibaba Group Holding's highest Cyclically Adjusted PS Ratio was 22.25. The lowest was 2.41. And the median was 4.75.

BUE:BABA's Cyclically Adjusted PS Ratio is ranked worse than
90.64% of 769 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs BUE:BABA: 2.73

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.

Alibaba Group Holding's adjusted revenue per share data for the three months ended in Mar. 2024 was ARS144.342. 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 ARS3,422.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alibaba Group Holding Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alibaba Group Holding'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.

Alibaba Group Holding Cyclically Adjusted PS Ratio Chart

Alibaba Group Holding 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 - 13.81 5.34 4.35 2.52

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 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 4.35 3.37 3.35 2.82 2.52

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

For the Internet Retail subindustry, Alibaba Group Holding'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.


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

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

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



Alibaba Group Holding 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.

Alibaba Group Holding's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11149.00/3422.5
=3.26

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=144.342/117.7354*117.7354
=144.342

Current CPI (Mar. 2024) = 117.7354.

Alibaba Group Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.120 96.409 0.147
201409 0.131 97.948 0.157
201412 0.194 99.707 0.229
201503 0.132 99.927 0.156
201506 0.159 99.267 0.189
201509 0.177 99.927 0.209
201512 0.378 102.015 0.436
201603 0.296 102.785 0.339
201606 0.369 101.686 0.427
201609 0.415 102.565 0.476
201612 0.659 103.225 0.752
201703 0.464 103.335 0.529
201706 0.650 103.664 0.738
201709 0.783 103.994 0.886
201712 1.277 104.984 1.432
201803 1.047 105.973 1.163
201806 1.650 106.193 1.829
201809 2.416 106.852 2.662
201812 3.413 107.622 3.734
201903 2.881 108.172 3.136
201906 3.925 109.601 4.216
201909 4.929 110.260 5.263
201912 7.147 110.700 7.601
202003 5.146 110.920 5.462
202006 7.532 110.590 8.019
202009 8.551 107.512 9.364
202012 13.882 109.711 14.897
202103 13.082 111.579 13.804
202106 15.294 111.360 16.170
202109 15.496 109.051 16.730
202112 19.680 112.349 20.624
202203 17.763 113.558 18.416
202206 19.196 113.448 19.921
202209 21.530 113.778 22.279
202212 31.656 114.548 32.537
202303 31.753 115.427 32.388
202306 42.310 115.647 43.074
202309 58.350 116.087 59.179
202312 71.972 117.296 72.242
202403 144.342 117.735 144.342

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.


Alibaba Group Holding  (BUE:BABA) 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.


Alibaba Group Holding Cyclically Adjusted PS Ratio Related Terms

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


Alibaba Group Holding (BUE: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%).