Question 1

What is Alibaba's P/S ratio?

Accepted Answer

Alibaba (BABA) P/S ratio is 1.9× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue 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/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Alibaba?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Alibaba specifically, the relevant sector benchmark is the current sector median of 1.8×.

Question 5

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

Accepted Answer

Alibaba's P/S ratio of 1.9× is below its own 5-year average of 2.2× and above the sector median of 1.8×. 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/S ratio range?

Accepted Answer

In the available daily series, Alibaba (BABA) P/S ratio has ranged from a low of 1.3× in 2022 to a high of 27.5× in 2013. The 5-year average is 2.2× and the 5-year median is 2.0×.

Question 7

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

Accepted Answer

Alibaba (BABA) P/S ratio at the end of 2026 was 2.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). 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	$144B	2.0×	-0.2×	Mar 31, 2026
2025	$306B	$138B	2.2×	+0.8×	Mar 31, 2025
2024	$182B	$131B	1.4×	-0.7×	Mar 31, 2024
2023	$264B	$127B	2.1×	-0.1×	Mar 31, 2023
2022	$291B	$133B	2.2×	-3.6×	Mar 31, 2022
2021	$614B	$106B	5.8×	-1.4×	Mar 31, 2021
2020	$521B	$73.1B	7.1×	-1.2×	Mar 31, 2020
2019	$467B	$56B	8.3×	-3.7×	Mar 31, 2019
2018	$455B	$37.9B	12.0×	+0.5×	Mar 31, 2018
2017	$271B	$23.5B	11.5×	-1.1×	Mar 31, 2017
2016	$202B	$15.9B	12.7×	-4.8×	Mar 31, 2016
2015	$215B	$12.3B	17.5×	-8.4×	Mar 31, 2015
2014	$222B	$8.59B	25.9×	—	Mar 31, 2014


D.R. Horton (DHI)	1.4×
Carnival Corporation (CCL)	1.4×
Lululemon Athletica (LULU)	1.3×
Toll Brothers (TOL)	1.2×
Li Auto (LI)	1.2×
Ball (BALL)	1.2×
Weyco Group (WEYS)	1.1×
NIO (NIO)	1.1×
Amcor (AMCR)	0.9×
Norwegian Cruise Line (NCLH)	0.9×
XPeng (XPEV)	0.8×
Smurfit Westrock (SW)	0.7×
V.F. (VFC)	0.7×
Lennar (LEN)	0.7×
Genuine Parts (GPC)	0.6×
KB Home (KBH)	0.6×
Mohawk Industries (MHK)	0.5×
LKQ (LKQ)	0.5×
MGM Resorts (MGM)	0.5×
Polaris (PII)	0.4×
General Motors (GM)	0.4×
ChargePoint Holdings (CHPT)	0.4×
Leggett & Platt (LEG)	0.3×
Best Buy Co. (BBY)	0.3×
Ford Motor (F)	0.2×

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

P/S Ratio daily chart for Alibaba (BABA)

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

About P/S Ratio at Alibaba (BABA)

Alibaba P/S Ratio by Year

Alibaba P/S Ratio 2026: 2.0×

Alibaba P/S Ratio 2025: 2.2×

Alibaba P/S Ratio 2024: 1.4×

Alibaba P/S Ratio 2023: 2.1×

Alibaba P/S Ratio 2022: 2.2×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Alibaba (BABA) Key Financials