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Alibaba Group HoldingSGX:HBBD -1.68%73 Cyclically Adjusted PS Ratio is 2.63 as of Sep. 03, 2026, which is 32% below its 10-year median of 3.84. GuruFocus rates SGX:HBBD with a GF Score™ of 73/100 and a GF Value™ of S$3.82 (Fairly Valued). The stock has 3 warning signs investors should review. Among 798 Retail - Cyclical companies, Alibaba Group Holding ranks worse than 88.1% on this metric.
The historical rank and industry rank for Alibaba Group Holding's Cyclically Adjusted PS Ratio or its related term are showing as below:
SGX:HBBD'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.31 Med: 3.84 Max: 22.25
Current: 2.69
During the past years, Alibaba Group Holding's highest Cyclically Adjusted PS Ratio was 22.25. The lowest was 2.31. And the median was 3.84.
SGX:HBBD's Cyclically Adjusted PS Ratio is ranked worse than 88.1% of 798
companies
in the Retail - Cyclical industry
Industry Median: 0.515
vs SGX:HBBD: 2.69
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 Jun. 2026 was S$2.645. 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 S$1.34 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Alibaba Group Holding (SGX:HBBD) 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
SGX:HBBD 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.
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.
* 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.
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 2.63 mean?
Alibaba Group Holding (SGX:HBBD) has a Cyclically Adjusted PS Ratio of 2.63 as of Sep. 03, 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 32% below median its historical median of 3.84. Over the past decade, Alibaba Group Holding's Cyclically Adjusted PS Ratio has ranged from 2.31 to 22.25. According to the industry distribution chart, Alibaba Group Holding ranks #703 out of 798 companies in the Retail - Cyclical industry, placing it in the top 88.1%.
Is Alibaba Group Holding's Cyclically Adjusted PS Ratio too high?
Alibaba Group Holding's current Cyclically Adjusted PS Ratio of 2.63 is 32% below median its 10-year median of 3.84. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 22.25. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.52. Alibaba Group Holding's value of 2.63 is 410.7% above this industry median. Based on the distribution chart, Alibaba Group Holding ranks #703 out of 798 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Alibaba Group Holding has a GF Score™ of 73/100 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 DASH?
According to the Retail - Cyclical industry distribution chart, Alibaba Group Holding ranks #703 out of 798 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 0.52. Alibaba Group Holding's value of 2.63 is 410.7% above this benchmark. Historically, Alibaba Group Holding's own Cyclically Adjusted PS Ratio has ranged from 2.31 to 22.25 over the past decade. While the company's 10-year median is 3.84 vs. the industry median of 0.52, 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 0.52, based on 798 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 2.63 is 410.7% 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 0.52 — 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 2.63, which is 32% below median its own 10-year median of 3.84. 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 (SGX:HBBD) is currently considered Fairly Valued. The stock's GF Value™ is S$3.82, compared to a current price of S$3.52 — trading 7.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.63, which is 32% below median its 10-year median of 3.84 and 410.7% above the Retail - Cyclical industry median of 0.52. Alibaba Group Holding's overall GF Score™ is 73/100 with 3 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 (SGX:HBBD), the current Cyclically Adjusted PS Ratio is 2.63 as of Sep. 03, 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 (SGX:HBBD) Overvalued in 2026?
Based on GuruFocus' analysis, Alibaba Group Holding stock appears to be undervalued.
The current stock price of S$3.52 is trading 7.9% below its estimated GF Value™ of S$3.82.
GuruFocus considers Alibaba Group Holding to be Fairly Valued.
Key valuation signals for SGX:HBBD:
Cyclically Adjusted PS Ratio: 2.63 (32% below median its 10-year median of 3.84)
GF Value™: S$3.82 vs. price of S$3.52 (7.9% below fair value)
Industry Position: 410.7% above the Retail - Cyclical median (#703 of 798)
No single metric tells the full story. See the SGX:HBBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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