Question 1

What is Alibaba's P/B ratio?

Accepted Answer

Alibaba (BABA) P/B ratio is 1.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Alibaba?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Alibaba specifically, the relevant sector benchmark is the current sector median of 4.3×.

Question 5

Is Alibaba's P/B ratio high or low?

Accepted Answer

Alibaba's P/B ratio of 1.8× is below its own 5-year average of 2.0× and below the sector median of 4.3×. That places the current reading at the 51th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Alibaba's historical P/B ratio range?

Accepted Answer

In the available daily series, Alibaba (BABA) P/B ratio has ranged from a low of 1.2× in 2024 to a high of 40.2× in 2013. The 5-year average is 2.0× and the 5-year median is 1.8×.

Question 7

What was Alibaba's P/B ratio in 2026?

Accepted Answer

Alibaba (BABA) P/B ratio at the end of 2026 was 1.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Alibaba's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$291B	$153B	1.9×	-0.3×	Mar 31, 2026
2025	$306B	$139B	2.2×	+0.9×	Mar 31, 2025
2024	$182B	$137B	1.3×	-0.5×	Mar 31, 2024
2023	$264B	$144B	1.8×	-0.1×	Mar 31, 2023
2022	$291B	$150B	1.9×	-2.3×	Mar 31, 2022
2021	$614B	$143B	4.3×	-0.6×	Mar 31, 2021
2020	$521B	$107B	4.9×	-1.5×	Mar 31, 2020
2019	$467B	$73.4B	6.4×	-1.4×	Mar 31, 2019
2018	$455B	$58.3B	7.8×	+1.2×	Mar 31, 2018
2017	$271B	$40.9B	6.6×	+0.6×	Mar 31, 2017
2016	$202B	$33.6B	6.0×	-3.2×	Mar 31, 2016
2015	$215B	$23.5B	9.2×	-25.7×	Mar 31, 2015
2014	$222B	$6.37B	34.9×	—	Mar 31, 2014


MGM Resorts (MGM)	3.9×
Aureus Greenway Holdings (PUSA)	3.6×
Genuine Parts (GPC)	3.6×
Norwegian Cruise Line (NCLH)	3.5×
V.F. (VFC)	3.5×
Lululemon Athletica (LULU)	3.1×
Carnival Corporation (CCL)	2.9×
Ball (BALL)	2.8×
PDD Holdings (PDD)	2.3×
GameStop (GME)	2.0×
XPeng (XPEV)	2.0×
D.R. Horton (DHI)	2.0×
Li Auto (LI)	1.8×
Amcor (AMCR)	1.7×
Toll Brothers (TOL)	1.6×
Lucid Group (LCID)	1.5×
Leggett & Platt (LEG)	1.3×
Weyco Group (WEYS)	1.2×
Ford Motor (F)	1.2×
LKQ (LKQ)	1.2×
General Motors (GM)	1.1×
Smurfit Westrock (SW)	1.1×
Lennar (LEN)	1.0×
KB Home (KBH)	0.8×
Mohawk Industries (MHK)	0.7×

P/B Ratio for Alibaba (BABA) 2014-2026

P/B Ratio daily chart for Alibaba (BABA)

Historical P/B Ratio for Alibaba (BABA) from 2014 to 2026

About P/B Ratio at Alibaba (BABA)

Alibaba P/B Ratio by Year

Alibaba P/B Ratio 2026: 1.9×

Alibaba P/B Ratio 2025: 2.2×

Alibaba P/B Ratio 2024: 1.3×

Alibaba P/B Ratio 2023: 1.8×

Alibaba P/B Ratio 2022: 1.9×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Alibaba (BABA) Key Financials