JD.com, Inc.

JD Consumer Cyclical Internet Retail

JD.com, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $187.2 billion, up 17.9% from fiscal 2024.

Revenue
+2.54%
EPS
+27.9%
Free cash flow
+64.8%
Total debt
−12.8%

Quarter to June 2026, against a year earlier

27.77 0.86 +3.20%
Market cap
$32.4B
P/E
16.6×
Fwd P/E
9.8×
Dividend yield
3.71%
F-score
5/9
Altman Z
2.61
Beneish M
−2.41
Dividend safety
48/100

JD.com, Inc. (JD) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, JD.com, Inc. (JD) trades at a P/B ratio of 0.9×. Over the past ten years it has ranged from 0.0× (March 2015) to 13.1× (August 2017); the current reading is higher than 4% of that period. That is below the Internet Retail industry median of 1.7× and below the Consumer Cyclical sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.0× (19.57%)
FY2024 1.2× 17.81%
FY2023 1.0× (54.81%)
FY2022 2.3× (19.61%)
FY2021 2.8× (33.33%)
FY2020 4.2× 0.45%
FY2019 4.2× 24.02%
FY2018 3.4× (55.50%)
FY2017 7.6× 3.89%
FY2016 7.4× (20.11%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 0.8× (15.28%)
Mar 2026 1.0× 2.38%
Dec 2025 1.0× (16.57%)
Sep 2025 1.2× 6.86%
42 more quarters

Against its own ten years

Low 0.0× High 13.1×
Ten-year median 3.9×
Current reading's percentile 2

P/B ratio against peers

Company P/B ratio
W Wayfair Inc. compare n/m
JD JD.com, Inc. 0.9×
SE Sea Limited Sponsored ADR compare 3.7×
CART Maplebear Inc. compare 5.9×
DASH DoorDash, Inc. compare 7.4×
CPNG Coupang, Inc. compare 9.7×
MELI MercadoLibre, Inc. compare 10.8×
EBAY eBay Inc. compare 12.0×
CHWY Chewy compare 24.2×
Internet Retail industry median 1.7×
Consumer Cyclical sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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