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GOOGL Alphabet PE ratio, current and historical analysis

As of Feb 23, 2024, the Alphabet stock's PE ratio is 24.65. This takes into account the latest EPS of $5.84 and stock price of $143.96. The PE ratio at present is nearly equal to the average from the previous 4 quarters.

GOOGL PE ratio history

How has GOOGL's PE ratio performed in the past

The PE ratio of Alphabet has averaged 28.89 over the last ten years. The current price-to-earnings ratio of 24.65 is 15% less than the historical average. Analyzing the last ten years, GOOGL's PE ratio reached its highest point in the Dec 2017 quarter at 57.88, when the price was $52.67 and the EPS was $0.91. The lowest point was recorded in the Sep 2022 quarter, when it reached 18.83 with a price of $95.65 and an EPS of $5.08.

Average
28.89
Median
27.07
Minimum
18.83
Maximum
57.88

Alphabet PE ratio by year

Maximum annual increase: 107.46% in 2017

Maximum annual decrease: -59.16% in 2018

Year PE ratio Change
2023 23.92 24.45%
2022 19.22 -24.51%
2021 25.46 -14.02%
2020 29.61 9.67%
2019 27 14.21%
2018 23.64 -59.16%
2017 57.88 107.46%
2016 27.9 -16.82%
2015 33.54 32.73%
2014 25.27 -13.49%

GOOGL average PE ratio chart

What is the average PE ratio of GOOGL for the past years

Currently, GOOGL's PE ratio is above its 3-year average, but it is under its 5 and 10-year averages.

3-year avg
23.68
5-year avg
25
10-year avg
28.89
15-year avg
27.01

GOOGL PE vs peers

What is GOOGL's PE ratio compared to its peers

When compared to its peers MSFT and AAPL, GOOGL's PE ratio is lower, but it is higher than EBAY's. Alphabet's PE ratio is trading below the peer average of 34.93.

Stock name PE ratio Market cap
EBAY Ebay Inc 8.76 $22.82B
GOOGL Alphabet Inc 23.73 $1.72T
AAPL Apple Inc 28.04 $2.8T
AKAM Akamai Technologies Inc 29.86 $16.44B
MSFT Microsoft Corp 36.85 $3.04T
ADBE Adobe Inc 47.7 $255.9B
AMZN Amazon Com Inc 59.31 $1.82T

Frequently asked questions

What is Alphabet's PE ratio?

As of Feb 23, 2024, GOOGL stock has a price to earnings ratio of 24.65.

What is the 3-year average PE ratio for Alphabet (GOOGL)?

Over the last 3 years, the average PE ratio for GOOGL stock is 23.68.

What is the 5-year average PE ratio for Alphabet (GOOGL)?

Over the last 5 years, the average PE ratio for GOOGL stock is 25.0.

What is the highest PE ratio for GOOGL?

Over the last ten years, the quarterly PE ratio reached its highest level at 57.88 in the Dec 2017 quarter.

How does the current PE ratio for GOOGL compare to its historical average?

GOOGL's price to earnings ratio is currently 15% below its 10-year historical average.

How is GOOGL's PE ratio calculated (Alphabet PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Feb 23, 2024), Alphabet's share price is $143.96. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $5.84. Therefore, Alphabet's price to earnings ratio for today is 24.65. PE RATIO(24.65) = STOCK PRICE($143.96) / TTM EPS($5.84)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.