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JD.com (JD.com) Cyclically Adjusted PB Ratio : 2.63 (As of May. 26, 2024)


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What is JD.com Cyclically Adjusted PB Ratio?

As of today (2024-05-26), JD.com's current share price is $15.20. JD.com's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.79. JD.com's Cyclically Adjusted PB Ratio for today is 2.63.

The historical rank and industry rank for JD.com's Cyclically Adjusted PB Ratio or its related term are showing as below:

JDCMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.98   Med: 3.67   Max: 7.87
Current: 2.69

During the past years, JD.com's highest Cyclically Adjusted PB Ratio was 7.87. The lowest was 1.98. And the median was 3.67.

JDCMF's Cyclically Adjusted PB Ratio is ranked worse than
76.29% of 734 companies
in the Retail - Cyclical industry
Industry Median: 1.175 vs JDCMF: 2.69

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

JD.com's adjusted book value per share data for the three months ended in Mar. 2024 was $10.090. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $5.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JD.com Cyclically Adjusted PB Ratio Historical Data

The historical data trend for JD.com'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.

JD.com Cyclically Adjusted PB Ratio Chart

JD.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 6.09 2.63

JD.com 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 4.51 3.44 2.77 2.63 2.43

Competitive Comparison of JD.com's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, JD.com'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.


JD.com's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, JD.com's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where JD.com's Cyclically Adjusted PB Ratio falls into.



JD.com 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.

JD.com's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.20/5.79
=2.63

* 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.

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

For example, JD.com'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)
=10.09/115.2271*115.2271
=10.090

Current CPI (Mar. 2024) = 115.2271.

JD.com Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.229 98.200 2.615
201409 2.264 98.900 2.638
201412 2.218 99.000 2.582
201503 2.171 99.900 2.504
201506 2.163 99.500 2.505
201509 2.110 100.500 2.419
201512 1.713 100.600 1.962
201603 1.588 102.200 1.790
201606 2.059 101.400 2.340
201609 1.861 102.400 2.094
201612 1.727 102.600 1.940
201703 1.820 103.200 2.032
201706 2.599 103.100 2.905
201709 2.753 104.100 3.047
201712 2.751 104.500 3.033
201803 3.006 105.300 3.289
201806 3.115 104.900 3.422
201809 3.224 106.600 3.485
201812 2.986 106.500 3.231
201903 3.429 107.700 3.669
201906 3.470 107.700 3.713
201909 3.653 109.800 3.834
201912 4.028 111.200 4.174
202003 4.103 112.300 4.210
202006 6.255 110.400 6.528
202009 7.132 111.700 7.357
202012 9.241 111.500 9.550
202103 9.294 112.662 9.506
202106 10.868 111.769 11.204
202109 10.735 112.215 11.023
202112 10.544 113.108 10.742
202203 10.420 114.335 10.501
202206 9.628 114.558 9.684
202209 9.653 115.339 9.644
202212 9.760 115.116 9.769
202303 9.797 115.116 9.806
202306 9.844 114.558 9.902
202309 10.019 115.339 10.009
202312 10.349 114.781 10.389
202403 10.090 115.227 10.090

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.


JD.com  (OTCPK:JDCMF) 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.


JD.com Cyclically Adjusted PB Ratio Related Terms

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


JD.com (JD.com) Business Description

Address
No. 18 Kechuang 11 Street, 20th Floor, Building A, Yizhuang Economic and Technological Development Zo, Daxing District, Beijing, CHN, 101111
JD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.

JD.com (JD.com) Headlines