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JD.com (MEX:JD N) Cyclically Adjusted PS Ratio : 0.53 (As of Jun. 27, 2025)


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What is JD.com Cyclically Adjusted PS Ratio?

As of today (2025-06-27), JD.com's current share price is MXN627.00. JD.com's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN1,188.61. JD.com's Cyclically Adjusted PS Ratio for today is 0.53.

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

MEX:JD N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.7   Max: 1.73
Current: 0.57

During the past years, JD.com's highest Cyclically Adjusted PS Ratio was 1.73. The lowest was 0.47. And the median was 0.70.

MEX:JD N's Cyclically Adjusted PS Ratio is ranked better than
50.8% of 691 companies
in the Retail - Cyclical industry
Industry Median: 0.58 vs MEX:JD N: 0.57

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 Mar. 2025 was MXN559.922. 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 MXN1,188.61 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


JD.com Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

JD.com Cyclically Adjusted PS Ratio Chart

JD.com Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.51 0.63 0.63

JD.com Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.57 0.51 0.75 0.63 0.71

Competitive Comparison of JD.com's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.


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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
=627.00/1188.61
=0.53

* 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 Mar. 2025 is calculated as:

For example, JD.com's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=559.922/115.1156*115.1156
=559.922

Current CPI (Mar. 2025) = 115.1156.

JD.com Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 42.459 99.500 49.123
201509 42.788 100.500 49.011
201512 52.967 100.600 60.610
201603 52.095 102.200 58.679
201606 65.192 101.400 74.010
201609 60.583 102.400 68.106
201612 83.478 102.600 93.661
201703 71.136 103.200 79.349
201706 86.988 103.100 97.126
201709 79.101 104.100 87.471
201712 112.219 104.500 123.619
201803 97.969 105.300 107.101
201806 129.562 104.900 142.179
201809 96.702 106.600 104.427
201812 132.843 106.500 143.590
201903 118.540 107.700 126.702
201906 141.114 107.700 150.830
201909 125.946 109.800 132.043
201912 316.823 111.200 327.979
202003 162.838 112.300 166.921
202006 215.479 110.400 224.683
202009 177.078 111.700 182.493
202012 439.754 111.500 454.014
202103 397.676 112.662 406.339
202106 492.994 111.769 507.754
202109 437.114 112.215 448.411
202112 571.146 113.108 581.285
202203 482.734 114.335 486.031
202206 506.357 114.558 508.823
202209 438.775 115.339 437.926
202212 520.024 115.116 520.024
202303 399.690 115.116 399.690
202306 435.431 114.558 437.551
202309 373.006 115.339 372.284
202312 459.628 114.781 460.968
202403 381.232 115.227 380.863
202406 477.055 114.781 478.446
202409 477.480 115.785 474.720
202412 653.860 114.893 655.130
202503 559.922 115.116 559.922

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.


JD.com  (MEX:JD N) 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

Thank you for viewing the detailed overview of JD.com's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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 GMV in 2024. 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.

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