IPO Alibaba sold share price is how many times book value per share? (Source: ChatGPT)

As of September 2014, when Alibaba Group went public:

• IPO Price: $68 per American Depositary Share (ADS)

• Book Value Per Share (from Alibaba’s latest financials before the IPO, dated March 31, 2014): approximately $4.97

📘 Calculation:

$$\text{Price-to-Book Ratio} = \frac{\text{IPO Price}}{\text{Book Value Per Share}} = \frac{68}{4.97} \approx 13.68$$

✅ Final Answer:

Alibaba’s IPO was priced at approximately 13.7 times its book value per share as of September 2014.