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JD.com (WBO:JD) Cyclically Adjusted PS Ratio : 0.53 (As of May. 31, 2025)


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What is JD.com Cyclically Adjusted PS Ratio?

As of today (2025-05-31), JD.com's current share price is €28.60. JD.com's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €53.46. 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:

WBO:JD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.71   Max: 1.73
Current: 0.56

During the past years, JD.com's highest Cyclically Adjusted PS Ratio was 1.73. The lowest was 0.47. And the median was 0.71.

WBO:JD's Cyclically Adjusted PS Ratio is ranked worse than
50.5% of 699 companies
in the Retail - Cyclical industry
Industry Median: 0.56 vs WBO:JD: 0.56

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 €25.316. 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 €53.46 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
=28.60/53.46
=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)
=25.316/115.1156*115.1156
=25.316

Current CPI (Mar. 2025) = 115.1156.

JD.com Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 2.411 99.500 2.789
201509 2.256 100.500 2.584
201512 2.828 100.600 3.236
201603 2.718 102.200 3.061
201606 3.137 101.400 3.561
201609 2.792 102.400 3.139
201612 3.838 102.600 4.306
201703 3.532 103.200 3.940
201706 4.283 103.100 4.782
201709 3.657 104.100 4.044
201712 4.828 104.500 5.318
201803 4.373 105.300 4.781
201806 5.644 104.900 6.194
201809 4.431 106.600 4.785
201812 5.947 106.500 6.428
201903 5.408 107.700 5.780
201906 6.501 107.700 6.949
201909 5.793 109.800 6.073
201912 15.119 111.200 15.651
202003 6.285 112.300 6.443
202006 8.290 110.400 8.644
202009 6.805 111.700 7.013
202012 18.172 111.500 18.761
202103 16.342 112.662 16.698
202106 20.556 111.769 21.171
202109 18.070 112.215 18.537
202112 24.640 113.108 25.077
202203 22.014 114.335 22.164
202206 23.810 114.558 23.926
202209 22.031 115.339 21.988
202212 25.180 115.116 25.180
202303 20.711 115.116 20.711
202306 23.443 114.558 23.557
202309 20.065 115.339 20.026
202312 24.830 114.781 24.902
202403 21.133 115.227 21.113
202406 24.191 114.781 24.262
202409 21.849 115.785 21.723
202412 29.941 114.893 29.999
202503 25.316 115.116 25.316

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  (WBO:JD) 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.