As of Jul 25, 2024, the Alphabet stock's PE ratio is 23.8. This takes into account the latest EPS of $7.03 and stock price of $167.28. The PE ratio has decreased by 2.6% from its last 4 quarters average of 24.4.
The PE ratio of Alphabet has averaged 28.63 over the last ten years. The current price-to-earnings ratio of 23.8 is 17% 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.
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% |
Currently, GOOGL's PE ratio is above its 3-year average, but it is under its 5 and 10-year averages.
When compared to its peers AAPL and MSFT, GOOGL's PE ratio is lower, but it is higher than EBAY's and AKAM's. Alphabet's PE ratio is trading below the peer average of 33.44.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EBAY Ebay Inc | 10.77 | $27.42B |
| AKAM Akamai Technologies Inc | 23.48 | $14.77B |
| GOOGL Alphabet Inc | 23.76 | $2.06T |
| AAPL Apple Inc | 33.74 | $3.34T |
| MSFT Microsoft Corp | 36.69 | $3.16T |
| ADBE Adobe Inc | 48.48 | $240.52B |
| AMZN Amazon Com Inc | 50.14 | $1.9T |
As of Jul 25, 2024, GOOGL stock has a price to earnings ratio of 23.8.
Over the last 3 years, the average PE ratio for GOOGL stock is 23.3.
Over the last 5 years, the average PE ratio for GOOGL stock is 24.89.
Over the last ten years, the quarterly PE ratio reached its highest level at 57.88 in the Dec 2017 quarter.
GOOGL's price to earnings ratio is currently 17% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Alphabet's share price is $167.28. 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 23.8. PE RATIO(23.8) = STOCK PRICE($167.28) / TTM EPS($7.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.