GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Alphabet Inc(Google) (BUE:GOOGL) » Definitions » Shiller PE Ratio

Alphabet(Google) (GOOGL) Shiller PE Ratio : 59.06 (As of Jun. 05, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Alphabet(Google) Shiller PE Ratio?

As of today (2024-06-05), Alphabet(Google)'s current share price is ARS3734.50. Alphabet(Google)'s E10 for the quarter that ended in Mar. 2024 was ARS63.23. Alphabet(Google)'s Shiller PE Ratio for today is 59.06.

The historical rank and industry rank for Alphabet(Google)'s Shiller PE Ratio or its related term are showing as below:

BUE:GOOGL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 33.34   Med: 51.25   Max: 78.26
Current: 51.38

During the past years, Alphabet(Google)'s highest Shiller PE Ratio was 78.26. The lowest was 33.34. And the median was 51.25.

BUE:GOOGL's Shiller PE Ratio is ranked worse than
82.12% of 179 companies
in the Interactive Media industry
Industry Median: 22.15 vs BUE:GOOGL: 51.38

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Alphabet(Google)'s adjusted earnings per share data for the three months ended in Mar. 2024 was ARS46,177.426. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS63.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alphabet(Google) Shiller PE Ratio Historical Data

The historical data trend for Alphabet(Google)'s Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alphabet(Google) Shiller PE Ratio Chart

Alphabet(Google) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.20 56.83 67.93 33.62 44.08

Alphabet(Google) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.67 41.33 42.93 44.08 44.62

Competitive Comparison of Alphabet(Google)'s Shiller PE Ratio

For the Internet Content & Information subindustry, Alphabet(Google)'s Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alphabet(Google)'s Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Alphabet(Google)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Alphabet(Google)'s Shiller PE Ratio falls into.



Alphabet(Google) Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Alphabet(Google)'s Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3734.50/63.23
=59.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alphabet(Google)'s E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Alphabet(Google)'s adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=46177.426/131.7762*131.7762
=46,177.426

Current CPI (Mar. 2024) = 131.7762.

Alphabet(Google) Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 57.492 100.560 75.339
201409 48.586 100.428 63.752
201412 85.677 99.070 113.962
201503 65.222 99.621 86.274
201506 64.955 100.684 85.014
201509 78.119 100.392 102.541
201512 132.497 99.792 174.963
201603 127.478 100.470 167.199
201606 141.894 101.688 183.878
201609 156.812 101.861 202.866
201612 173.775 101.863 224.807
201703 172.801 102.862 221.374
201706 119.777 103.349 152.723
201709 243.165 104.136 307.708
201712 -120.442 104.011 -152.593
201803 389.450 105.290 487.420
201806 164.180 106.317 203.496
201809 696.863 106.507 862.199
201812 698.165 105.998 867.956
201903 538.465 107.251 661.599
201906 920.588 108.070 1,122.533
201909 820.658 108.329 998.281
201912 1,330.411 108.420 1,617.011
202003 888.305 108.902 1,074.893
202006 1,005.575 108.767 1,218.297
202009 1,765.427 109.815 2,118.485
202012 2,631.422 109.897 3,155.313
202103 3,433.895 111.754 4,049.108
202106 3,736.151 114.631 4,294.947
202109 3,969.868 115.734 4,520.130
202112 4,494.105 117.630 5,034.588
202203 3,829.961 121.301 4,160.705
202206 4,222.380 125.017 4,450.675
202209 4,271.323 125.227 4,494.725
202212 5,104.942 125.222 5,372.147
202303 6,702.872 127.348 6,935.958
202306 10,022.400 128.729 10,259.668
202309 15,730.253 129.860 15,962.428
202312 17,169.160 129.419 17,481.820
202403 46,177.426 131.776 46,177.426

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Alphabet(Google)  (BUE:GOOGL) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Alphabet(Google) Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Alphabet(Google)'s Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Alphabet(Google) (GOOGL) Business Description

Address
1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043
Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud service fees and other licensing revenue. Sales of hardware such as Chromebooks, the Pixel smartphone, and smart home products, which include Nest and Google Home, also contribute to other revenue. Alphabet's moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), provide faster internet access (Google Fiber), enable self-driving cars (Waymo), and more.