JD.com, Inc. (JD) is a publicly traded company in the Consumer Cyclical — Specialty Retail industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
JD.com, Inc. is a prominent technology and service provider based in the People's Republic of China, distinguished by its robust, supply chain-centric operations. The company's retail segment offers a comprehensive array of products. This includes computing devices, communication equipment, and various consumer electronics, alongside a broad selection of home appliances.
Is JD.com, Inc. stock overvalued or undervalued in 2026?
JD.com, Inc. (JD) trades at 15.6× earnings (P/E), below the median of the 209 consumer cyclicals companies over $2bn in Kaplio's universe. At the decade median (25.2×) $41 (+61 %); at its sector median (17.9×) $29 (+14 %).
Kaplio overview: JD.com, Inc.
Market cap $34B · 52 weeks $25 – $35 (25 % below the high) · P/E 15.6× · 2027 expected P/E 6.2× · Dividend 4.0 % · Next earnings November 12, 2026 · expected EPS $0.89 · Closing price, Oct 28 · accounts published Aug 13.
- Valuation: P/E 15.6× (cheap).
- Business: 5-year ROIC 3.8 % (weak).
- Balance sheet: Net cash/EBITDA 1.2× (solid).
- Earnings: 8 of 8 (uneven).
What would it be worth at its usual multiples?
At the decade median (25.2×) $41 (+61 %); at its sector median (17.9×) $29 (+14 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in consumer cyclicals: 4 of 8 pass
- 5y avg operating margin 1.7 %, fails.
- 5y avg ROIC 3.8 %, fails.
- Current Ratio 1.14, fails.
- P/E read in reverse (cyclicals) 15.6×, fails.
- Inventory turnover 11.7×, passes.
- Net debt / EBITDA −1.2×, passes.
- Altman Z-Score 2.4, passes.
- EV/Sales vs history 0.2×, passes.
Against its peers (reference peers) — JD.com, Inc.: P/E 15.6×; EV/EBITDA 8.2×; ROIC 0.6 %; $34.3B. Sea Limited (P/E 29.0×; EV/EBITDA 16.2×; ROIC 8.3 %; $45.7B), eBay Inc. (P/E 24.4×; EV/EBITDA 18.3×; ROIC 15.5 %; $52.5B), MercadoLibre, Inc. (P/E 49.3×; EV/EBITDA 27.8×; ROIC 11.4 %; $91.8B).
Expensive or cheap against its last 9 years?
P/E at each close: today 15.6× · median 25.2× · minimum 6.6× · maximum 79.7× · cheap below 10.5× · expensive above 61.0×. It has been cheaper than today only 46% of the time over its last 9 years.
Dividend
tight (only raised recently) · Yield 4.0 % ($1.09 per ADS in 2025) · Years raising it 2 · paying since 2022 · Free cash flow coverage 3.4× · With $1,000 invested today you'd collect $39.50 a year ($3.29 a month).
Investor methods verdict
Would Buffett approve JD.com today?
The Buffett Method would not approve JD.com today: it fails its quality rules. Business quality: 65 out of 100 (price not included). Kaplio assessment with data from the week of 2026-10-26; not investment advice.
Would Peter Lynch approve JD.com today?
The Lynch Method approves JD.com today. Business quality: 72 out of 100 (price not included). Lynch classifies it as a cyclical. Kaplio assessment with data from the week of 2026-10-26; not investment advice.
Profitability
| Return on Equity | 6.63% |
| Return on Invested Capital | 0.56% |
| Return on Assets | 2.04% |
| Gross Margin | 14.66% |
| Operating Margin | 0.20% |
| Net Margin | 1.13% |
Financial Health
| Debt / Equity | 0.48 |
| Current Ratio | 1.14 |
| Piotroski F-Score | 4 |
| Altman Z-Score | 2.44 |
Price Performance
| 1 month | -3.23% |
| 3 months | -22.90% |
| Year-to-date | -11.32% |
| 1 year | -25.93% |
| 3 years | -1.89% |
| 5 years | -67.49% |
| 10 years | -1.93% |
Dividend History
Paid in the last 12 months: $1.0000 per share in 1 payments.
| Date | Amount |
|---|---|
| 2026-04-09 | $1.0000 |
| 2025-04-08 | $1.0000 |
| 2024-04-04 | $0.7600 |
| 2023-04-05 | $0.6200 |
| 2022-05-19 | $1.2600 |
Amounts adjusted for stock splits.
Related companies: CPNG · AMZN · PDD · MELI · EBAY · BABA · SE · VIPS
Explore sector: Consumer Cyclical · Specialty Retail
More sections of JD: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks