Alibaba Group Holding (LIM:BABAUS) Cyclically Adjusted PS Ratio: (As of Aug. 09, 2026)

Author: Vera Yuan 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.

LIM:BABAUS Alibaba Group Holding Ltd LIM:BABAUS
72 GF Score
Price $126.60
GF Value $118.68
Valuation Fairly Valued
! 5 Warning Signs
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What is Alibaba Group Holding Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alibaba Group Holding  (LIM:BABAUS) 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

LIM:BABAUS 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.


LIM:BABAUS
72GF Score
Alibaba Group Holding Ltd LIM:BABAUS
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 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)
=1.828/121.4731*121.4731
=1.828

Current CPI (Mar. 2026) = 121.4731.

Alibaba Group Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.238 101.686 0.284
201609 0.250 102.565 0.296
201612 0.374 103.225 0.440
201703 0.271 103.335 0.319
201706 0.355 103.664 0.416
201709 0.402 103.994 0.470
201712 0.602 104.984 0.697
201803 0.468 105.973 0.536
201806 0.596 106.193 0.682
201809 0.591 106.852 0.672
201812 0.815 107.622 0.920
201903 0.663 108.172 0.745
201906 0.791 109.601 0.877
201909 0.793 110.260 0.874
201912 1.076 110.700 1.181
202003 0.746 110.920 0.817
202006 0.990 110.590 1.087
202009 1.037 107.512 1.172
202012 1.535 109.711 1.700
202103 1.307 111.579 1.423
202106 1.453 111.360 1.585
202109 1.426 109.051 1.588
202112 1.754 112.349 1.896
202203 1.489 113.558 1.593
202206 1.436 113.448 1.538
202209 1.395 113.778 1.489
202212 1.699 114.548 1.802
202303 1.447 115.427 1.523
202306 1.587 115.647 1.667
202309 1.501 116.087 1.571
202312 1.794 117.296 1.858
202403 1.542 117.735 1.591
202406 1.711 117.296 1.772
202409 1.730 118.615 1.772
202412 2.004 118.945 2.047
202503 1.703 119.384 1.733
202506 1.802 119.055 1.839
202509 1.815 119.934 1.838
202512 2.094 120.704 2.107
202603 1.828 121.473 1.828

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.

Is Alibaba Group Holding (LIM:BABAUS) Overvalued in 2026?

Based on GuruFocus' analysis, Alibaba Group Holding stock appears to be overvalued. The current stock price of $126.60 is trading 6.7% above its estimated GF Value™ of $118.68. GuruFocus considers Alibaba Group Holding to be Fairly Valued.

Key valuation signals for LIM:BABAUS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $118.68 vs. price of $126.60 (6.7% above fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the LIM:BABAUS 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 LIM:BABAUS

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

$126.60
Price
$118.68
GF Value