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Alibaba Group Holding (FRA:AHLA) Cyclically Adjusted PS Ratio : (As of May. 15, 2024)


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What is Alibaba Group Holding Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS 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 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 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)
=11.338/117.7354*117.7354
=11.338

Current CPI (Mar. 2024) = 117.7354.

Alibaba Group Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.781 96.409 0.954
201409 0.873 97.948 1.049
201412 1.326 99.707 1.566
201503 0.993 99.927 1.170
201506 1.123 99.267 1.332
201509 1.210 99.927 1.426
201512 1.928 102.015 2.225
201603 1.311 102.785 1.502
201606 1.691 101.686 1.958
201609 1.785 102.565 2.049
201612 2.837 103.225 3.236
201703 2.024 103.335 2.306
201706 2.525 103.664 2.868
201709 2.701 103.994 3.058
201712 4.069 104.984 4.563
201803 3.035 105.973 3.372
201806 4.078 106.193 4.521
201809 4.051 106.852 4.464
201812 5.729 107.622 6.267
201903 4.696 108.172 5.111
201906 5.597 109.601 6.012
201909 5.762 110.260 6.153
201912 7.748 110.700 8.240
202003 5.402 110.920 5.734
202006 7.034 110.590 7.488
202009 7.041 107.512 7.711
202012 10.096 109.711 10.834
202103 8.783 111.579 9.268
202106 9.648 111.360 10.200
202109 9.699 109.051 10.471
202112 12.417 112.349 13.012
202203 10.815 113.558 11.213
202206 10.866 113.448 11.277
202209 11.268 113.778 11.660
202212 12.834 114.548 13.191
202303 10.809 115.427 11.025
202306 11.716 115.647 11.928
202309 11.249 116.087 11.409
202312 13.163 117.296 13.212
202403 11.338 117.735 11.338

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  (FRA:AHLA) 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

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Alibaba Group Holding (FRA:AHLA) 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%).

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