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JD.Com Inc
NASDAQ:JD

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JD.Com Inc
NASDAQ:JD
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Price: 30.27 USD 0.97% Market Closed
Market Cap: $46.3B

P/B

1.5
Current
7%
Cheaper
vs 3-y average of 1.6

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
$355.8B
/
Total Equity
¥225B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
$355.8B
/
Total Equity
¥225B

Valuation Scenarios

JD.Com Inc is trading below its 3-year average

If P/B returns to its 3-Year Average (1.6), the stock would be worth $32.48 (7% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+67%
Average Upside
33%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.5 $30.27
0%
3-Year Average 1.6 $32.48
+7%
5-Year Average 1.9 $39.95
+32%
Industry Average 1.8 $38.08
+26%
Country Average 2.4 $50.41
+67%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
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Market Distribution

Lower than 95% of companies in China
Percentile
5th
Based on 7 605 companies
5th percentile
0.4
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

JD.Com Inc
Glance View

In the bustling digital marketplace of China, JD.com Inc. stands as a formidable force, a testament to the country's rapid e-commerce evolution. Founded by Liu Qiangdong, the company started humbly in Beijing, initially as a physical storefront. However, the SARS epidemic pushed Liu to pivot online, setting the stage for JD.com's rise. Unlike many of its peers in the e-commerce sphere, JD.com took a strategic path of tightly managing its supply chain. By owning and operating its logistics network, the company ensures quick delivery and a high level of quality control. This vertically integrated model allows JD.com to efficiently stock and transport a vast array of products, from consumer electronics to fresh groceries, thereby generating revenue from direct product sales. JD.com’s sprawling ecosystem doesn't stop at mere product sales. It has expanded into technology services, cloud computing, and artificial intelligence solutions, offering platforms for vendors to tap into their logistics capabilities. This diversification extends JD's reach beyond conventional retail, as it earns service fees from third-party sellers and leverages data analytics to enhance customer experiences. JD’s commitment to innovation and infrastructure funding, such as autonomous delivery vehicles and AI-driven customer service, fortifies its competitive edge. As a result, JD.com continues to maintain robust growth, increasingly influencing China’s digital commerce landscape with a model built on trust, speed, and sophistication.

JD Intrinsic Value
90.28 USD
Undervaluation 66%
Intrinsic Value
Price $30.27
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