GOOGL Alphabet PE ratio, current and historical analysis
As of Oct 22, 2024, the Alphabet stock's PE ratio is 23.49. This takes into account the latest EPS of $7.03 and stock price of $165.14. The PE ratio has decreased by 3.9% from its last 4 quarters average of 24.4.
GOOGL PE ratio history
The PE ratio of Alphabet has averaged 28.57 over the last ten years. The current price-to-earnings ratio of 23.49 is 18% 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.
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
Currently, GOOGL's PE ratio is above its 3-year average, but it is under its 5 and 10-year averages.
GOOGL PE vs peers
When compared to its peers AAPL and MSFT, GOOGL's PE ratio is lower, but it is higher than EBAY's. Alphabet's PE ratio is trading below the peer average of 32.58.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EBAY Ebay Inc | 12.34 | $31.13B |
| GOOGL Alphabet Inc | 23.16 | $2T |
| AKAM Akamai Technologies Inc | 24.81 | $15.56B |
| AAPL Apple Inc | 35.02 | $3.51T |
| MSFT Microsoft Corp | 35.8 | $3.16T |
| ADBE Adobe Inc | 40.77 | $213.45B |
| AMZN Amazon Com Inc | 43.26 | $1.94T |
Frequently asked questions
What is Alphabet's PE ratio?
As of Oct 22, 2024, GOOGL stock has a price to earnings ratio of 23.49.
What is the 3-year average PE ratio for Alphabet (GOOGL)?
Over the last 3 years, the average PE ratio for GOOGL stock is 23.11.
What is the 5-year average PE ratio for Alphabet (GOOGL)?
Over the last 5 years, the average PE ratio for GOOGL stock is 24.84.
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 18% 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 (Oct 22, 2024), Alphabet's share price is $165.14. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $7.03. Therefore, Alphabet's price to earnings ratio for today is 23.49. PE RATIO(23.49) = STOCK PRICE($165.14) / TTM EPS($7.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.