[sgbuffett]

Alibaba Group PE Ratio: 47.69 for March 17, 2023

Not cheap!

Due to GAAP Alibaba has to write down losses on its equity holdings.

The non GAAP PE is more accurate and the FCF is even better indicator of "cheapness".

Anyway don't buy a stock just because it is cheap. If it has some decent growth the current valuations are just to low and stock will fly. But that cannot be taken for granted.