Alphabet (Google)
GOOG

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 February 2024 (TTM): 26.2

According to Alphabet (Google)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.1771. At the end of 2022 the company had a P/E ratio of 19.3.

P/E ratio history for Alphabet (Google) from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.3-23.9%
202125.4-14.07%
202029.69.67%
201927.015.07%
201823.4-59.03%
201757.2109.81%
201627.3-16.61%
201532.732.98%
201424.6-14.59%
201328.834.05%
201221.50.54%
201121.3-3.74%
201022.2-25.99%
200930.031.51%
200822.8-55.24%
200750.913.32%
200644.9-42.16%
200577.7-27.46%
2004107

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
36.7 40.32%๐Ÿ‡บ๐Ÿ‡ธ USA
28.1 7.28%๐Ÿ‡บ๐Ÿ‡ธ USA
88.3 237.50%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7-43.94%๐Ÿ‡บ๐Ÿ‡ธ USA
49.5 89.06%๐Ÿ‡บ๐Ÿ‡ธ USA
36.4 39.09%๐Ÿ‡บ๐Ÿ‡ธ USA
19.2-26.53%๐Ÿ‡บ๐Ÿ‡ธ USA
37.5 43.24%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
3.11-88.12%๐Ÿ‡บ๐Ÿ‡ธ USA
16.7-36.33%๐Ÿ‡จ๐Ÿ‡ณ China

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.