JD (JD.com) Shiller PE Ratio: 23.16 (As of Sep. 05, 2026) — 54% Below Median

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JD JD.com Inc JD
82 GF Score
Price $28.26
GF Value $38.42
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is JD.com Shiller PE Ratio?

JD.com JD +1.87% 82 Shiller PE Ratio is 23.16 as of Sep. 05, 2026, which is 54% below its 10-year median of 50.09. GuruFocus rates JD with a GF Score™ of 82/100 and a GF Value™ of $38.42 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 583 Retail - Cyclical companies, JD.com ranks worse than 60.89% on this metric.

As of today (2026-09-05), JD.com's current share price is $28.26. JD.com's E10 for the quarter that ended in Jun. 2026 was $1.22. JD.com's Shiller PE Ratio for today is 23.16.

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

JD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.82   Med: 50.09   Max: 733
Current: 23.16

During the past years, JD.com's highest Shiller PE Ratio was 733.00. The lowest was 21.82. And the median was 50.09.

JD's Shiller PE Ratio is ranked worse than
60.89% of 583 companies
in the Retail - Cyclical industry
Industry Median: 17.66 vs JD: 23.16

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

JD.com's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.741. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.22 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JD.com  (NAS:JD) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


JD.com Shiller PE Ratio Related Terms


JD.com Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for JD.com's Shiller PE 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.

JD.com Shiller PE Ratio Chart

JD.com Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 549.96 86.88 41.38 26.52

JD.com Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 32.54 33.04 26.52 25.85 20.93

JD vs EBAY, CPNG, W: Shiller PE Ratio Comparison

For the Internet Retail subindustry, JD.com's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, JD.com's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where JD.com's Shiller PE Ratio falls into.


JD
82GF Score
JD.com Inc JD
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JD.com Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

JD.com's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=28.26/1.22
=23.16

* 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 E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, JD.com's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.741/116.0564*116.0564
=0.741

Current CPI (Jun. 2026) = 116.0564.

JD.com Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.048 102.400 -0.054
201612 -0.088 102.600 -0.100
201703 0.012 103.200 0.013
201706 -0.025 103.100 -0.028
201709 0.053 104.100 0.059
201712 -0.049 104.500 -0.054
201803 0.082 105.300 0.090
201806 -0.119 104.900 -0.132
201809 0.149 106.600 0.162
201812 -0.241 106.500 -0.263
201903 0.369 107.700 0.398
201906 0.026 107.700 0.028
201909 0.030 109.800 0.032
201912 0.174 111.200 0.182
202003 0.051 112.300 0.053
202006 0.739 110.400 0.777
202009 0.345 111.700 0.358
202012 1.161 111.500 1.208
202103 0.347 112.662 0.357
202106 0.078 111.769 0.081
202109 -0.279 112.215 -0.289
202112 -0.521 113.108 -0.535
202203 -0.303 114.335 -0.308
202206 0.409 114.558 0.414
202209 0.507 115.339 0.510
202212 0.273 115.116 0.275
202303 0.569 115.116 0.574
202306 0.581 114.558 0.589
202309 0.685 115.339 0.689
202312 0.300 114.781 0.303
202403 0.630 115.227 0.635
202406 1.128 114.781 1.141
202409 1.091 115.785 1.094
202412 0.887 114.893 0.896
202503 0.990 115.116 0.998
202506 0.577 114.907 0.583
202509 0.474 115.471 0.476
202512 -0.295 115.832 -0.296
202603 0.514 116.303 0.513
202606 0.741 116.056 0.741

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 23.16 mean?
JD.com (JD) has a Shiller PE Ratio of 23.16 as of Sep. 05, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on JD.com and its competitors. This is 54% below median its historical median of 50.09. Over the past decade, JD.com's Shiller PE Ratio has ranged from 21.82 to 733.00. According to the industry distribution chart, JD.com ranks #355 out of 583 companies in the Retail - Cyclical industry, placing it in the top 60.9%.
Is JD.com's Shiller PE Ratio too high?
JD.com's current Shiller PE Ratio of 23.16 is 54% below median its 10-year median of 50.09. Over the past 10 years, this metric has ranged from a low of 21.82 to a high of 733.00. The Retail - Cyclical industry median Shiller PE Ratio is 17.66. JD.com's value of 23.16 is 31.1% above this industry median. Based on the distribution chart, JD.com ranks #355 out of 583 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, JD.com has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JD.com's Shiller PE Ratio compare to EBAY and CPNG?
According to the Retail - Cyclical industry distribution chart, JD.com ranks #355 out of 583 companies for Shiller PE Ratio. This places JD.com in the lower half of its industry. The industry median Shiller PE Ratio is 17.66. JD.com's value of 23.16 is 31.1% above this benchmark. Historically, JD.com's own Shiller PE Ratio has ranged from 21.82 to 733.00 over the past decade. While the company's 10-year median is 50.09 vs. the industry median of 17.66, JD.com 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 Shiller PE Ratio for a Retail - Cyclical company?
The median Shiller PE Ratio among Retail - Cyclical companies is 17.66, based on 583 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JD.com's current Shiller PE Ratio of 23.16 is 31.1% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on JD.com and its competitors. For the Retail - Cyclical industry, the median Shiller PE Ratio is 17.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JD.com's current Shiller PE Ratio is 23.16, which is 54% below median its own 10-year median of 50.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JD.com stock overvalued right now?
Based on GuruFocus' analysis, JD.com (JD) is currently considered Modestly Undervalued. The stock's GF Value™ is $38.42, compared to a current price of $28.26 — trading 26.4% below its estimated fair value. The current Shiller PE Ratio is 23.16, which is 54% below median its 10-year median of 50.09 and 31.1% above the Retail - Cyclical industry median of 17.66. JD.com's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For JD.com (JD), the current Shiller PE Ratio is 23.16 as of Sep. 05, 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 JD.com (JD) Overvalued in 2026?

Based on GuruFocus' analysis, JD.com stock appears to be undervalued. The current stock price of $28.26 is trading 26.4% below its estimated GF Value™ of $38.42. GuruFocus considers JD.com to be Modestly Undervalued.

Key valuation signals for JD:

  • Shiller PE Ratio: 23.16 (54% below median its 10-year median of 50.09)
  • GF Value™: $38.42 vs. price of $28.26 (26.4% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 31.1% above the Retail - Cyclical median (#355 of 583)

No single metric tells the full story. See the JD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 gross merchandise volume in 2025. 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.
82GF Score

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

$28.26
Price
$38.42
GF Value