Alibaba Group Holding (BSP:BABA34) Cyclically Adjusted PS Ratio: 2.74 (As of Jul. 12, 2026) — 30% Below Median


BSP:BABA34 Alibaba Group Holding Ltd BSP:BABA34
76 GF Score
Price R$20.38
GF Value R$21.97
Valuation Fairly Valued
! 5 Warning Signs
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What is Alibaba Group Holding Cyclically Adjusted PS Ratio?

Alibaba Group Holding BSP:BABA34 +0.44% 76 Cyclically Adjusted PS Ratio is 2.74 as of Jul. 12, 2026, which is 30% below its 10-year median of 3.92. GuruFocus rates BSP:BABA34 with a GF Score™ of 76/100 and a GF Value™ of R$21.97 (Fairly Valued). The stock has 5 warning signs investors should review. Among 791 Retail - Cyclical companies, Alibaba Group Holding ranks worse than 89.13% on this metric.

As of today (2026-07-12), Alibaba Group Holding's current share price is R$20.38. Alibaba Group Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$7.43. Alibaba Group Holding's Cyclically Adjusted PS Ratio for today is 2.74.

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

BSP:BABA34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.36   Med: 3.92   Max: 22.25
Current: 2.79

During the past years, Alibaba Group Holding's highest Cyclically Adjusted PS Ratio was 22.25. The lowest was 2.36. And the median was 3.92.

BSP:BABA34's Cyclically Adjusted PS Ratio is ranked worse than
89.13% of 791 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs BSP:BABA34: 2.79

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 Mar. 2026 was R$2.731. 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 R$7.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alibaba Group Holding  (BSP:BABA34) 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


Alibaba Group Holding Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

Alibaba Group Holding Cyclically Adjusted PS Ratio Chart

Alibaba Group Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.34 4.35 2.52 3.86 3.12

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 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 3.86 3.20 4.83 3.79 3.12

BSP:BABA34 vs PDD, MELI, DASH: Cyclically Adjusted PS Ratio Comparison

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 Cyclically Adjusted PS Ratio vs 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.


BSP:BABA34
76GF Score
Alibaba Group Holding Ltd BSP:BABA34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=20.38/7.43
=2.74

* 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 Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.731/121.4731*121.4731
=2.731

Current CPI (Mar. 2026) = 121.4731.

Alibaba Group Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.232 101.686 0.277
201609 0.233 102.565 0.276
201612 0.359 103.225 0.422
201703 0.242 103.335 0.284
201706 0.334 103.664 0.391
201709 0.360 103.994 0.421
201712 0.567 104.984 0.656
201803 0.438 105.973 0.502
201806 0.642 106.193 0.734
201809 0.694 106.852 0.789
201812 0.904 107.622 1.020
201903 0.728 108.172 0.818
201906 0.871 109.601 0.965
201909 0.934 110.260 1.029
201912 1.262 110.700 1.385
202003 1.042 110.920 1.141
202006 1.468 110.590 1.612
202009 1.599 107.512 1.807
202012 2.257 109.711 2.499
202103 2.104 111.579 2.291
202106 2.088 111.360 2.278
202109 2.151 109.051 2.396
202112 2.834 112.349 3.064
202203 2.117 113.558 2.265
202206 2.071 113.448 2.217
202209 2.089 113.778 2.230
202212 2.547 114.548 2.701
202303 2.153 115.427 2.266
202306 2.200 115.647 2.311
202309 2.117 116.087 2.215
202312 2.512 117.296 2.601
202403 2.194 117.735 2.264
202406 2.633 117.296 2.727
202409 2.737 118.615 2.803
202412 3.493 118.945 3.567
202503 2.801 119.384 2.850
202506 2.855 119.055 2.913
202509 2.781 119.934 2.817
202512 3.265 120.704 3.286
202603 2.731 121.473 2.731

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.

What does a Cyclically Adjusted PS Ratio of 2.74 mean?
Alibaba Group Holding (BSP:BABA34) has a Cyclically Adjusted PS Ratio of 2.74 as of Jul. 12, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Alibaba Group Holding and its competitors. This is 30% below median its historical median of 3.92. Over the past decade, Alibaba Group Holding's Cyclically Adjusted PS Ratio has ranged from 2.36 to 22.25. According to the industry distribution chart, Alibaba Group Holding ranks #705 out of 791 companies in the Retail - Cyclical industry, placing it in the top 89.1%.
Is Alibaba Group Holding's Cyclically Adjusted PS Ratio too high?
Alibaba Group Holding's current Cyclically Adjusted PS Ratio of 2.74 is 30% below median its 10-year median of 3.92. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 22.25. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Alibaba Group Holding's value of 2.74 is 459.2% above this industry median. Based on the distribution chart, Alibaba Group Holding ranks #705 out of 791 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Alibaba Group Holding has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alibaba Group Holding's Cyclically Adjusted PS Ratio compare to PDD and MELI?
According to the Retail - Cyclical industry distribution chart, Alibaba Group Holding ranks #705 out of 791 companies for Cyclically Adjusted PS Ratio. This places Alibaba Group Holding in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Alibaba Group Holding's value of 2.74 is 459.2% above this benchmark. Historically, Alibaba Group Holding's own Cyclically Adjusted PS Ratio has ranged from 2.36 to 22.25 over the past decade. While the company's 10-year median is 3.92 vs. the industry median of 0.49, Alibaba Group Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 791 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alibaba Group Holding's current Cyclically Adjusted PS Ratio of 2.74 is 459.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Alibaba Group Holding and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alibaba Group Holding's current Cyclically Adjusted PS Ratio is 2.74, which is 30% below median its own 10-year median of 3.92. 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 (BSP:BABA34) is currently considered Fairly Valued. The stock's GF Value™ is R$21.97, compared to a current price of R$20.38 — trading 7.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.74, which is 30% below median its 10-year median of 3.92 and 459.2% above the Retail - Cyclical industry median of 0.49. Alibaba Group Holding's overall GF Score™ is 76/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Alibaba Group Holding (BSP:BABA34), the current Cyclically Adjusted PS Ratio is 2.74 as of Jul. 12, 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 (BSP:BABA34) Overvalued in 2026?

Based on GuruFocus' analysis, Alibaba Group Holding stock appears to be undervalued. The current stock price of R$20.38 is trading 7.2% below its estimated GF Value™ of R$21.97. GuruFocus considers Alibaba Group Holding to be Fairly Valued.

Key valuation signals for BSP:BABA34:

  • Cyclically Adjusted PS Ratio: 2.74 (30% below median its 10-year median of 3.92)
  • GF Value™: R$21.97 vs. price of R$20.38 (7.2% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 459.2% above the Retail - Cyclical median (#705 of 791)

No single metric tells the full story. See the BSP:BABA34 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.
76GF Score

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

R$20.38
Price
R$21.97
GF Value