Alphabet (Google)
GOOG
#4
Rank
$1.297 T
Marketcap
$99.86
Share price
-2.33%
Change (1 day)
-27.30%
Change (1 year)

Alphabet Inc. is a listed US holding company of the former Google LLC, which continues to exist as a subsidiary. The headquarters is Mountain View in Silicon Valley. The company is led by Sundar Pichai as CEO.

With sales of $137 billion, a profit of $30.7 billion and a market value of $ 863.2 billion, Alphabet Inc. ranks 17th among the world's largest companies according to Forbes Global 2000 (as of 4th November 2019). The company had a market cap of $ 766.4 billion in early 2018. In 2019, Alphabet had annual sales of $161.9 billion and an annual profit of $34.3 billion.

P/E ratio for Alphabet (Google) (GOOG)

P/E ratio as of October 2022 (TTM): 18.3

According to Alphabet (Google)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.3286. At the end of 2021 the company had a P/E ratio of 508.

P/E ratio history for Alphabet (Google) from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021508-14.07%
20205919.67%
201953915.07%
2018468-59.03%
2017> 1000109.81%
2016545-16.61%
201565464.92%
201439637.8%
201328833.98%
2012215
2010222

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.