Alphabet Inc. is a listed US holding company of the former Google LLC, which continues to exist as a subsidiary. The headquarters is Mountain View in Silicon Valley. The company is led by Sundar Pichai as CEO.
With sales of $137 billion, a profit of $30.7 billion and a market value of $ 863.2 billion, Alphabet Inc. ranks 17th among the world's largest companies according to Forbes Global 2000 (as of 4th November 2019). The company had a market cap of $ 766.4 billion in early 2018. In 2019, Alphabet had annual sales of $161.9 billion and an annual profit of $34.3 billion.
P/E ratio as of June 2024 (TTM): 33.7
According to Alphabet (Google)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.7276.At the end of 2022 the company had a P/E ratio of 19.3.
P/E ratio history for Alphabet (Google) from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|
| 2022 | 19.3 | -23.9% |
| 2021 | 25.4 | -14.07% |
| 2020 | 29.6 | 9.67% |
| 2019 | 27.0 | 15.07% |
| 2018 | 23.4 | -59.03% |
| 2017 | 57.2 | 109.81% |
| 2016 | 27.3 | -16.61% |
| 2015 | 32.7 | 32.98% |
| 2014 | 24.6 | -14.59% |
| 2013 | 28.8 | 34.05% |
| 2012 | 21.5 | 0.54% |
| 2011 | 21.3 | -3.74% |
| 2010 | 22.2 | -25.99% |
| 2009 | 30.0 | 31.51% |
| 2008 | 22.8 | -55.24% |
| 2007 | 50.9 | 13.32% |
| 2006 | 44.9 | -42.16% |
| 2005 | 77.7 | -27.46% |
| 2004 | 107 | |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
| 36.6 | 8.47% | 🇺🇸 USA |
| 30.3 | -10.10% | 🇺🇸 USA |
| 92.5 | 174.23% | 🇺🇸 USA |
| 14.7 | -56.49% | 🇺🇸 USA |
| 40.9 | 21.20% | 🇺🇸 USA |
| 30.6 | -9.41% | 🇺🇸 USA |
| 21.3 | -36.88% | 🇺🇸 USA |
| 47.1 | 39.52% | 🇳🇱 Netherlands |
| 3.11 | -90.78% | 🇺🇸 USA |
| 15.7 | -53.41% | 🇨🇳 China |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.
FAQs
As of today (2024-06-23), Alphabet(Google)'s share price is $179.51. Alphabet(Google)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $6.52. Therefore, Alphabet(Google)'s PE Ratio (TTM) for today is 27.53.
What is the forward PE ratio of alphabet? ›
Alphabet(Google)'s Forward PE Ratio for today is 23.98. Alphabet(Google)'s PE Ratio without NRI for today is 27.49.
Why is Google PE ratio so low? ›
This was likely driven by slower revenue growth the past 2 years and lower margins. Google's visibly lower Margins in 2017 were due to one-time charges related to the implementation of the U.S. Tax Act. This also impacted the company's Forward P/E Ratio for 2016.
What is the PS ratio of alphabet? ›
P/S ratio as of June 2024 (TTM): 6.89
According to Alphabet (Google)'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 6.88545. At the end of 2023 the company had a P/S ratio of 5.72.
What is a good P and E ratio? ›
To give you some sense of what the average for the market is, though, many value investors would refer to 20 to 25 as the average P/E ratio range. And again, like golf, the lower the P/E ratio a company has, the better an investment the metric is saying it is.
What PE ratio does Warren Buffett use? ›
With those two breadcrumbs, we see that Buffett has historically paid PE ratios of somewhere 11-15 times, which translates Ricky into earnings yields, earnings yields are just the inverse of the PE ratio of roughly 7-9 percent. These are low below market average valuations, that's the big takeaway so far, Ricky.
What is the current PE of Google? ›
As of today (2024-06-14), Alphabet(Google)'s share price is $174.65. Alphabet(Google)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $6.52. Therefore, Alphabet(Google)'s PE Ratio (TTM) for today is 26.79.
What is the PS ratio of Apple? ›
Apple (AAPL) PS Ratio : 8.50 (As of Jun. 22, 2024)
What is BlackBerry PS ratio? ›
According to BlackBerry's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.8677. At the end of 2023 the company had a P/S ratio of 2.70.
What is a good PS ratio? ›
While the ideal ratio depends on the company and industry, the P/S ratio is typically good when the value falls between one and two. A price-to-sales ratio with a value less than one is better.
Amazon.com PE Ratio: 52.97 for June 21, 2024.
What is the PE ratio of Apple? ›
Apple (AAPL) PE Ratio (TTM) : 32.30 (As of Jun. 23, 2024)
What is a safe PE ratio for stocks? ›
Typically, the average P/E ratio is around 20 to 25. Anything below that would be considered a good price-to-earnings ratio, whereas anything above that would be a worse P/E ratio. But it doesn't stop there, as different industries can have different average P/E ratios.
What is the forward PE ratio of Apple? ›
What is Apple Forward PE Ratio? Apple's Forward PE Ratio for today is 28.25.
What is a good forward PE ratio? ›
An excellent forward PE ratio is between 10-25 for major stocks since stocks with a forward PE below 10 can often be a value trap. On the other hand, those above 25 can be too expensive as they are priced with irrationally high growth anticipations.
What is the current market forward PE ratio? ›
S&P 500 Operating P/E Ratio Forward Estimate is at a current level of 19.82, down from 20.46 last quarter and down from 22.82 one year ago. This is a change of -3.13% from last quarter and -13.13% from one year ago.
What is Tesla's forward PE ratio? ›
Tesla (TSLA) Forward PE Ratio : 69.01 (As of Jun. 15, 2024)
