Alibaba Group Holding (MEX:BABAN) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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
73 GF Score
Price MXN1,950.88
GF Value MXN2,072.09
Valuation Fairly Valued
! 3 Warning Signs
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What is Alibaba Group Holding Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alibaba Group Holding  (MEX:BABAN) 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 6.06 4.05 2.16 4.12 2.94

Alibaba Group Holding 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 3.08 4.56 3.52 2.91 2.10

MEX:BABAN vs PDD, DASH, MELI: 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.


MEX:BABAN
73GF Score
Alibaba Group Holding Ltd MEX:BABAN
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 Jun. 2026 is calculated as:

For example, Alibaba Group Holding'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)
=284.539/121.3631*121.3631
=284.539

Current CPI (Jun. 2026) = 121.3631.

Alibaba Group Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 37.604 102.565 44.496
201612 60.180 103.225 70.755
201703 44.054 103.335 51.740
201706 52.198 103.664 61.110
201709 56.496 103.994 65.932
201712 90.994 104.984 105.191
201803 69.654 105.973 79.770
201806 93.729 106.193 107.119
201809 90.438 106.852 102.720
201812 128.576 107.622 144.993
201903 101.389 108.172 113.753
201906 122.323 109.601 135.451
201909 125.018 110.260 137.607
201912 164.994 110.700 180.887
202003 120.371 110.920 131.704
202006 184.613 110.590 202.597
202009 180.398 107.512 203.639
202012 249.137 109.711 275.598
202103 217.537 111.579 236.612
202106 231.473 111.360 252.267
202109 231.524 109.051 257.664
202112 290.142 112.349 313.422
202203 246.368 113.558 263.301
202206 233.463 113.448 249.751
202209 231.408 113.778 246.835
202212 262.242 114.548 277.845
202303 217.498 115.427 228.684
202306 229.321 115.647 240.656
202309 206.310 116.087 215.688
202312 248.994 117.296 257.628
202403 210.012 117.735 216.483
202406 236.433 117.296 244.632
202409 258.607 118.615 264.599
202412 326.294 118.945 332.928
202503 277.016 119.384 281.607
202506 279.394 119.055 284.812
202509 269.222 119.934 272.430
202512 304.615 120.704 306.279
202603 255.588 121.473 255.357
202606 284.539 121.363 284.539

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 (MEX:BABAN) Overvalued in 2026?

Based on GuruFocus' analysis, Alibaba Group Holding stock appears to be undervalued. The current stock price of MXN1,950.88 is trading 5.8% below its estimated GF Value™ of MXN2,072.09. GuruFocus considers Alibaba Group Holding to be Fairly Valued.

Key valuation signals for MEX:BABAN:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: MXN2,072.09 vs. price of MXN1,950.88 (5.8% below fair value)
  • GF Score™: 73/100 with 3 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.
73GF Score

Get the complete analysis for MEX:BABAN

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

MXN1,950.88
Price
MXN2,072.09
GF Value