Alibaba Group Holding (MEX:BABAN) Cyclically Adjusted Book per Share: MXN825.53 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:BABAN Alibaba Group Holding Ltd MEX:BABAN
72 GF Score
Price MXN2,110.69
GF Value MXN2,078.06
Valuation Fairly Valued
! 5 Warning Signs
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What is Alibaba Group Holding Cyclically Adjusted Book per Share?

Alibaba Group Holding MEX:BABAN +4.98% 72 Cyclically Adjusted Book per Share is MXN825.53 as of Mar. 2026. GuruFocus rates MEX:BABAN with a GF Score™ of 72/100 and a GF Value™ of MXN2,078.06 (Fairly Valued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Alibaba Group Holding's adjusted book value per share for the three months ended in Mar. 2026 was MXN1,195.125. 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 MXN825.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Alibaba Group Holding's average Cyclically Adjusted Book Growth Rate was 13.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Alibaba Group Holding was 23.50% per year. The lowest was 13.60% per year. And the median was 17.20% per year.

As of today (2026-08-02), Alibaba Group Holding's current stock price is MXN2110.69. Alibaba Group Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN825.53. Alibaba Group Holding's Cyclically Adjusted PB Ratio of today is 2.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alibaba Group Holding was 20.35. The lowest was 1.96. And the median was 3.10.


Alibaba Group Holding  (MEX:BABAN) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Alibaba Group Holding's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2110.69/825.53
=2.56

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alibaba Group Holding was 20.35. The lowest was 1.96. And the median was 3.10.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Alibaba Group Holding Cyclically Adjusted Book per Share Related Terms


Alibaba Group Holding Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Alibaba Group Holding's Cyclically Adjusted Book per Share 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.

Alibaba Group Holding Cyclically Adjusted Book per Share Chart

Alibaba Group Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 501.38 564.62 576.12 828.59 825.53

Alibaba Group Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 828.59 777.25 787.91 799.49 825.53

MEX:BABAN vs PDD, MELI, DASH: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


MEX:BABAN
72GF Score
Alibaba Group Holding Ltd MEX:BABAN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alibaba Group Holding Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Alibaba Group Holding's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1195.125/121.4731*121.4731
=1,195.125

Current CPI (Mar. 2026) = 121.4731.

Alibaba Group Holding Quarterly Data

Book Value per Share CPI Adj_Book
201606 252.875 101.686 302.083
201609 285.723 102.565 338.397
201612 310.603 103.225 365.513
201703 301.048 103.335 353.891
201706 313.530 103.664 367.392
201709 346.888 103.994 405.192
201712 405.317 104.984 468.980
201803 409.044 105.973 468.873
201806 464.524 106.193 531.366
201809 444.628 106.852 505.467
201812 508.162 107.622 573.564
201903 549.917 108.172 617.539
201906 557.306 109.601 617.676
201909 641.396 110.260 706.623
201912 745.863 110.700 818.450
202003 939.136 110.920 1,028.489
202006 974.585 110.590 1,070.493
202009 1,027.372 107.512 1,160.784
202012 1,050.861 109.711 1,163.529
202103 1,085.096 111.579 1,181.312
202106 1,111.889 111.360 1,212.870
202109 1,131.131 109.051 1,259.980
202112 1,167.622 112.349 1,262.449
202203 1,114.961 113.558 1,192.674
202206 1,092.987 113.448 1,170.302
202209 1,026.010 113.778 1,095.403
202212 1,054.765 114.548 1,118.537
202303 1,008.949 115.427 1,061.799
202306 951.474 115.647 999.409
202309 970.077 116.087 1,015.090
202312 960.982 117.296 995.207
202403 934.216 117.735 963.874
202406 996.119 117.296 1,031.595
202409 1,108.351 118.615 1,135.058
202412 1,204.498 118.945 1,230.102
202503 1,200.148 119.384 1,221.145
202506 1,114.122 119.055 1,136.755
202509 1,114.337 119.934 1,128.637
202512 1,113.275 120.704 1,120.372
202603 1,195.125 121.473 1,195.125

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

What does a Cyclically Adjusted Book per Share of MXN825.53 mean?
Alibaba Group Holding (MEX:BABAN) has a Cyclically Adjusted Book per Share of MXN825.53 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Alibaba Group Holding and its competitors.
Is Alibaba Group Holding's Cyclically Adjusted Book per Share too high?
Alibaba Group Holding's current Cyclically Adjusted Book per Share is MXN825.53. Overall, Alibaba Group Holding has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alibaba Group Holding's Cyclically Adjusted Book per Share compare to PDD and MELI?
Alibaba Group Holding's Cyclically Adjusted Book per Share of MXN825.53 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Alibaba Group Holding and its competitors. Alibaba Group Holding's current Cyclically Adjusted Book per Share is MXN825.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alibaba Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Alibaba Group Holding (MEX:BABAN) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,078.06, compared to a current price of MXN2,110.69 — trading 1.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN825.53. Alibaba Group Holding's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Alibaba Group Holding (MEX:BABAN), the current Cyclically Adjusted Book per Share is MXN825.53 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alibaba Group Holding (MEX:BABAN) Overvalued in 2026?

Based on GuruFocus' analysis, Alibaba Group Holding stock appears to be overvalued. The current stock price of MXN2,110.69 is trading 1.6% above its estimated GF Value™ of MXN2,078.06. GuruFocus considers Alibaba Group Holding to be Fairly Valued.

Key valuation signals for MEX:BABAN:

  • Cyclically Adjusted Book per Share: MXN825.53
  • GF Value™: MXN2,078.06 vs. price of MXN2,110.69 (1.6% above fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the MEX:BABAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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. It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). The China retail e-commerce platform is the most valuable cash flow-generating business at Alibaba. Additional revenue sources include China wholesale e-commerce, international retail and wholesale e-commerce, local consumer services, travel services, cloud computing, digital media and entertainment, Cainiao logistics services, and other businesses.
72GF Score

Get the complete analysis for MEX:BABAN

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,110.69
Price
MXN2,078.06
GF Value