JDCMF (JD.com) Cyclically Adjusted PS Ratio: 0.37 (As of Aug. 27, 2026) — 37% Below Median

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JDCMF JD.com Inc JDCMF
81 GF Score
Price $14.62
GF Value $19.42
Valuation Modestly Undervalued
! 4 Warning Signs
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What is JD.com Cyclically Adjusted PS Ratio?

JD.com JDCMF 81 Cyclically Adjusted PS Ratio is 0.37 as of Aug. 27, 2026, which is 37% below its 10-year median of 0.59. GuruFocus rates JDCMF with a GF Score™ of 81/100 and a GF Value™ of $19.42 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 802 Retail - Cyclical companies, JD.com ranks better than 58.1% on this metric.

As of today (2026-08-27), JD.com's current share price is $14.62. JD.com's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $39.37. JD.com's Cyclically Adjusted PS Ratio for today is 0.37.

The historical rank and industry rank for JD.com's Cyclically Adjusted PS Ratio or its related term are showing as below:

JDCMF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.59   Max: 1.73
Current: 0.39

During the past years, JD.com's highest Cyclically Adjusted PS Ratio was 1.73. The lowest was 0.36. And the median was 0.59.

JDCMF's Cyclically Adjusted PS Ratio is ranked better than
58.1% of 802 companies
in the Retail - Cyclical industry
Industry Median: 0.51 vs JDCMF: 0.39

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.

JD.com's adjusted revenue per share data for the three months ended in Jun. 2026 was $18.155. 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 $39.37 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JD.com  (OTCPK:JDCMF) 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.


JD.com Cyclically Adjusted PS Ratio Related Terms


JD.com Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for JD.com'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.

JD.com Cyclically Adjusted PS Ratio Chart

JD.com Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.51 0.63 0.63 0.43

JD.com Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.54 0.55 0.43 0.42 0.35

JDCMF vs EBAY, CPNG, SE: Cyclically Adjusted PS Ratio Comparison

For the Internet Retail subindustry, JD.com'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.


JD.com Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, JD.com's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where JD.com's Cyclically Adjusted PS Ratio falls into.


JDCMF
81GF Score
JD.com Inc JDCMF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JD.com 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.

JD.com's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.62/39.37
=0.37

* 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.

JD.com's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, JD.com's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=18.155/116.0564*116.0564
=18.155

Current CPI (Jun. 2026) = 116.0564.

JD.com Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.567 102.400 1.776
201612 2.024 102.600 2.289
201703 1.889 103.200 2.124
201706 2.406 103.100 2.708
201709 2.179 104.100 2.429
201712 2.857 104.500 3.173
201803 2.696 105.300 2.971
201806 3.297 104.900 3.648
201809 2.585 106.600 2.814
201812 3.383 106.500 3.687
201903 3.055 107.700 3.292
201906 3.673 107.700 3.958
201909 3.190 109.800 3.372
201912 8.399 111.200 8.766
202003 3.472 112.300 3.588
202006 4.668 110.400 4.907
202009 4.008 111.700 4.164
202012 11.054 111.500 11.506
202103 9.727 112.662 10.020
202106 12.383 111.769 12.858
202109 10.629 112.215 10.993
202112 13.921 113.108 14.284
202203 12.122 114.335 12.305
202206 12.585 114.558 12.750
202209 10.907 115.339 10.975
202212 13.337 115.116 13.446
202303 11.087 115.116 11.178
202306 12.699 114.558 12.865
202309 10.707 115.339 10.774
202312 13.539 114.781 13.689
202403 11.485 115.227 11.568
202406 13.020 114.781 13.165
202409 12.125 115.785 12.153
202412 15.676 114.893 15.835
202503 13.685 115.116 13.797
202506 16.724 114.907 16.891
202509 14.145 115.471 14.217
202512 17.018 115.832 17.051
202603 15.988 116.303 15.954
202606 18.155 116.056 18.155

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 0.37 mean?
JD.com (JDCMF) has a Cyclically Adjusted PS Ratio of 0.37 as of Aug. 27, 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 JD.com and its competitors. This is 37% below median its historical median of 0.59. Over the past decade, JD.com's Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.73. According to the industry distribution chart, JD.com ranks #336 out of 802 companies in the Retail - Cyclical industry, placing it in the top 41.9%.
Is JD.com's Cyclically Adjusted PS Ratio too high?
JD.com's current Cyclically Adjusted PS Ratio of 0.37 is 37% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.73. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.51. JD.com's value of 0.37 is 27.5% below this industry median. Based on the distribution chart, JD.com ranks #336 out of 802 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, JD.com has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JD.com's Cyclically Adjusted PS Ratio compare to EBAY and CPNG?
According to the Retail - Cyclical industry distribution chart, JD.com ranks #336 out of 802 companies for Cyclically Adjusted PS Ratio. This puts JD.com in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.51. JD.com's value of 0.37 is 27.5% below this benchmark. Historically, JD.com's own Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.73 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.51, JD.com has consistently been below 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 0.51, based on 802 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. JD.com's current Cyclically Adjusted PS Ratio of 0.37 is 27.5% below 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 JD.com and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JD.com's current Cyclically Adjusted PS Ratio is 0.37, which is 37% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JD.com stock overvalued right now?
Based on GuruFocus' analysis, JD.com (JDCMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $19.42, compared to a current price of $14.62 — trading 24.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.37, which is 37% below median its 10-year median of 0.59 and 27.5% below the Retail - Cyclical industry median of 0.51. JD.com's overall GF Score™ is 81/100 with 4 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 JD.com (JDCMF), the current Cyclically Adjusted PS Ratio is 0.37 as of Aug. 27, 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 JD.com (JDCMF) Overvalued in 2026?

Based on GuruFocus' analysis, JD.com stock appears to be undervalued. The current stock price of $14.62 is trading 24.7% below its estimated GF Value™ of $19.42. GuruFocus considers JD.com to be Modestly Undervalued.

Key valuation signals for JDCMF:

  • Cyclically Adjusted PS Ratio: 0.37 (37% below median its 10-year median of 0.59)
  • GF Value™: $19.42 vs. price of $14.62 (24.7% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 27.5% below the Retail - Cyclical median (#336 of 802)

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


JD.com Business Description

Address No. 18 Kechuang 11 Street, 20th Floor, Building A, Yizhuang Economic & Technological Development Zone, Daxing District, Beijing, CHN, 101111
JD.com is the third-largest Chinese e-commerce platform by gross merchandise volume in 2025. It offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace, and omnichannel businesses.
81GF 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.

$14.62
Price
$19.42
GF Value