As of Apr 26, 2024, the Alphabet stock's PE ratio is 26.17. This takes into account the latest EPS of $6.57 and stock price of $171.95. The PE ratio marks an increase of 8% from its last 4 quarters average of 24.2.
The PE ratio of Alphabet has averaged 28.73 over the last ten years. The current price-to-earnings ratio of 26.17 is 9% 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 and 5-year averages, but it is under its 10-year average.
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 34.31.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EBAY Ebay Inc | 9.97 | $26.95B |
| GOOGL Alphabet Inc | 26.17 | $2.12T |
| AAPL Apple Inc | 26.21 | $2.61T |
| AKAM Akamai Technologies Inc | 28.32 | $15.41B |
| MSFT Microsoft Corp | 35.06 | $3.02T |
| ADBE Adobe Inc | 45.4 | $213.95B |
| AMZN Amazon Com Inc | 60.89 | $1.87T |
As of Apr 26, 2024, GOOGL stock has a price to earnings ratio of 26.17.
Over the last 3 years, the average PE ratio for GOOGL stock is 23.33.
Over the last 5 years, the average PE ratio for GOOGL stock is 24.68.
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 9% 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 (Apr 26, 2024), Alphabet's share price is $171.95. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.57. Therefore, Alphabet's price to earnings ratio for today is 26.17. PE RATIO(26.17) = STOCK PRICE($171.95) / TTM EPS($6.57)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.