$Alibaba(09988)$ If I make a simple calculation P/B is 0.5, and EPS is 7$ aprox. to make at P/ book value of 1, it takes 8 years of earnings, not counting depreciation of assets. For my is to much to wait so many years, so withouth growth BABA is overvalued. BABA is heading to its IPO price, and losing market share and running out of cash.