As of Q1'26 (2025-06-30), Alibaba's PEG Ratio (5yr expected) stands at 0.047, showing a modest positive value after a period of significant volatility. The latest data point represents a recovery from the previous quarter's negative PEG Ratio of -0.623 in Q4'25. Over the period from Q3'23 (2022-12-31) to Q1'26 (2025-06-30), the PEG Ratio has exhibited considerable fluctuations, alternating between negative and positive values. Notable lows occurred in Q4'24 (-1.275) and Q4'25 (-0.623), while peaks were seen in Q1'24 (0.767) and Q3'25 (0.534). This pattern indicates ongoing instability in Alibaba's growth expectations relative to its earnings, with no sustained trend of improvement or decline throughout the observed timeframe.