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 March 2023 (TTM): 22.4
According to Alphabet (Google)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.4374. At the end of 2021 the company had a P/E ratio of 25.4.
P/E ratio history for Alphabet (Google) from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 25.4 | -14.07% |
| 2020 | 29.6 | 9.67% |
| 2019 | 27.0 | 15.07% |
| 2018 | 23.4 | -59.03% |
| 2017 | 57.2 | 109.81% |
| 2016 | 27.3 | -16.61% |
| 2015 | 32.7 | 64.92% |
| 2014 | 19.8 | 37.8% |
| 2013 | 14.4 | 33.98% |
| 2012 | 10.7 | |
| 2010 | 11.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 30.0 | 33.74% | 🇺🇸 USA |
 Apple AAPL | 23.3 | 3.81% | 🇺🇸 USA |
 Amazon AMZN | 88.6 | 294.95% | 🇺🇸 USA |
 Meta (Facebook) FB | 14.7 | -34.60% | 🇺🇸 USA |
 Adobe ADBE | 35.9 | 60.20% | 🇺🇸 USA |
 Akamai
AKAM | 23.8 | 5.91% | 🇺🇸 USA |
 eBay EBAY | -394 | -1,856.81% | 🇺🇸 USA |
 Yandex YNDX.ME | 12.2 | -45.58% | 🇳🇱 Netherlands |
 Blucora BCOR | 3.11 | -86.13% | 🇺🇸 USA |
 Baidu BIDU | 51.4 | 129.12% | 🇨🇳 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.