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Alibaba Group Holding (Alibaba Group Holding) Cyclically Adjusted PS Ratio : 2.75 (As of Apr. 27, 2024)


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What is Alibaba Group Holding Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Alibaba Group Holding's current share price is $75.55. Alibaba Group Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $27.44. Alibaba Group Holding's Cyclically Adjusted PS Ratio for today is 2.75.

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

BABA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.52   Med: 4.94   Max: 22.25
Current: 2.74

During the past years, Alibaba Group Holding's highest Cyclically Adjusted PS Ratio was 22.25. The lowest was 2.52. And the median was 4.94.

BABA's Cyclically Adjusted PS Ratio is ranked worse than
90.29% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs BABA: 2.74

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 Dec. 2023 was $14.355. 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 $27.44 for the trailing ten years ended in Dec. 2023.

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 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 13.81 5.34 4.35

Alibaba Group Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.88 4.35 3.37 3.35 2.82

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
=75.55/27.44
=2.75

* 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 Dec. 2023 is calculated as:

For example, Alibaba Group Holding's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=14.355/117.2957*117.2957
=14.355

Current CPI (Dec. 2023) = 117.2957.

Alibaba Group Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.823 95.749 1.008
201406 1.062 96.409 1.292
201409 1.125 97.948 1.347
201412 1.635 99.707 1.923
201503 1.075 99.927 1.262
201506 1.261 99.267 1.490
201509 1.358 99.927 1.594
201512 2.100 102.015 2.415
201603 1.460 102.785 1.666
201606 1.900 101.686 2.192
201609 2.004 102.565 2.292
201612 2.993 103.225 3.401
201703 2.165 103.335 2.458
201706 2.837 103.664 3.210
201709 3.219 103.994 3.631
201712 4.816 104.984 5.381
201803 3.742 105.973 4.142
201806 4.765 106.193 5.263
201809 4.727 106.852 5.189
201812 6.517 107.622 7.103
201903 5.307 108.172 5.755
201906 6.325 109.601 6.769
201909 6.345 110.260 6.750
201912 8.608 110.700 9.121
202003 5.969 110.920 6.312
202006 7.922 110.590 8.402
202009 8.293 107.512 9.048
202012 12.282 109.711 13.131
202103 10.456 111.579 10.992
202106 11.624 111.360 12.244
202109 11.410 109.051 12.273
202112 14.031 112.349 14.649
202203 11.911 113.558 12.303
202206 11.486 113.448 11.876
202209 11.156 113.778 11.501
202212 13.595 114.548 13.921
202303 11.573 115.427 11.760
202306 12.693 115.647 12.874
202309 12.005 116.087 12.130
202312 14.355 117.296 14.355

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  (NYSE: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 (Alibaba Group Holding) 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%).