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Alibaba Group Holding (Alibaba Group Holding) Cyclically Adjusted PS Ratio : 2.82 (As of Apr. 30, 2024)


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What is Alibaba Group Holding Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Alibaba Group Holding's current share price is $9.60. Alibaba Group Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.40. Alibaba Group Holding's Cyclically Adjusted PS Ratio for today is 2.82.

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

BABAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.52   Med: 4.94   Max: 22.25
Current: 2.75

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.

BABAF's Cyclically Adjusted PS Ratio is ranked worse than
90.44% of 753 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs BABAF: 2.75

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 $1.794. 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 $3.40 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
=9.60/3.4
=2.82

* 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)
=1.794/117.2957*117.2957
=1.794

Current CPI (Dec. 2023) = 117.2957.

Alibaba Group Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.103 95.749 0.126
201406 0.133 96.409 0.162
201409 0.141 97.948 0.169
201412 0.204 99.707 0.240
201503 0.134 99.927 0.157
201506 0.158 99.267 0.187
201509 0.170 99.927 0.200
201512 0.263 102.015 0.302
201603 0.183 102.785 0.209
201606 0.238 101.686 0.275
201609 0.250 102.565 0.286
201612 0.374 103.225 0.425
201703 0.271 103.335 0.308
201706 0.355 103.664 0.402
201709 0.402 103.994 0.453
201712 0.602 104.984 0.673
201803 0.468 105.973 0.518
201806 0.596 106.193 0.658
201809 0.591 106.852 0.649
201812 0.815 107.622 0.888
201903 0.663 108.172 0.719
201906 0.791 109.601 0.847
201909 0.793 110.260 0.844
201912 1.076 110.700 1.140
202003 0.746 110.920 0.789
202006 0.990 110.590 1.050
202009 1.037 107.512 1.131
202012 1.535 109.711 1.641
202103 1.307 111.579 1.374
202106 1.453 111.360 1.530
202109 1.426 109.051 1.534
202112 1.754 112.349 1.831
202203 1.489 113.558 1.538
202206 1.436 113.448 1.485
202209 1.395 113.778 1.438
202212 1.699 114.548 1.740
202303 1.447 115.427 1.470
202306 1.587 115.647 1.610
202309 1.501 116.087 1.517
202312 1.794 117.296 1.794

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  (OTCPK:BABAF) 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%).