Alibaba Plans to Unlock Value for Shareholders. Here's How.
How low can you go? That's the question some (NYSE: BABA) investors might be asking as the stock slips close to its lowest-ever valuation. Alibaba's price-to-sales (P/S) ratio today stands at 1.5, just a fraction of its five-year average of 5.1. Similarly, its price-to-earnings (P/E) ratio is 10.3 vs. a five-year average of about 33.
Bargain hunters are sniffling around for value, but it's not a sure thing. A stock could stay cheap forever unless the company does the right thing to turn around the ship. Fortunately, it looks like Alibaba has a clear plan to unlock shareholder value.
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Source Fool.com
Alibaba Group Holding Ltd ADR Stock
€75.00
0.270%
With 42 Buy predictions and 2 Sell predictions Alibaba Group Holding Ltd ADR is one of the favorites of our community.
As a result the target price of 109 € shows a positive potential of 45.33% compared to the current price of 75.0 € for Alibaba Group Holding Ltd ADR.
