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GOOGL Alphabet PE ratio, current and historical analysis

As of Jul 23, 2024, the Alphabet stock's PE ratio is 27.67. This takes into account the latest EPS of $6.57 and stock price of $181.79. The PE ratio marks an increase of 14% from its last 4 quarters average of 24.2.

GOOGL PE ratio history

How has GOOGL's PE ratio performed in the past

The PE ratio of Alphabet has averaged 28.7 over the last ten years. The current price-to-earnings ratio of 27.67 is 3.6% 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
28.7
Median
26.85
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 and 5-year averages, but it is under its 10-year average.

3-year avg
23.07
5-year avg
24.84
10-year avg
28.7
15-year avg
26.94

GOOGL PE vs peers

What is GOOGL's PE ratio compared to its peers

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 34.51.

Stock name PE ratio Market cap
EBAY Ebay Inc 10.58 $26.94B
AKAM Akamai Technologies Inc 23.26 $14.63B
GOOGL Alphabet Inc 27.67 $2.25T
AAPL Apple Inc 34.83 $3.45T
MSFT Microsoft Corp 38.38 $3.31T
ADBE Adobe Inc 48.79 $242.1B
AMZN Amazon Com Inc 51.21 $1.94T

Frequently asked questions

What is Alphabet's PE ratio?

As of Jul 23, 2024, GOOGL stock has a price to earnings ratio of 27.67.

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

Over the last 3 years, the average PE ratio for GOOGL stock is 23.07.

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 3.6% 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 (Jul 23, 2024), Alphabet's share price is $181.79. 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 27.67. PE RATIO(27.67) = STOCK PRICE($181.79) / TTM EPS($6.57)

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