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Alphabet(Google) (GOOGL) Shiller PE Ratio : 45.32 (As of May. 08, 2024)


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What is Alphabet(Google) Shiller PE Ratio?

As of today (2024-05-08), Alphabet(Google)'s current share price is ₴7251.00. Alphabet(Google)'s E10 for the quarter that ended in Mar. 2024 was ₴159.98. Alphabet(Google)'s Shiller PE Ratio for today is 45.32.

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

UKEX:GOOGL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 33.34   Med: 51.23   Max: 78.26
Current: 51.5

During the past years, Alphabet(Google)'s highest Shiller PE Ratio was 78.26. The lowest was 33.34. And the median was 51.23.

UKEX:GOOGL's Shiller PE Ratio is ranked worse than
79.89% of 179 companies
in the Interactive Media industry
Industry Median: 23.96 vs UKEX:GOOGL: 51.50

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 ₴74.493. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₴159.98 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 45.39

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
=7251.00/159.98
=45.32

* 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)
=74.493/129.4194*129.4194
=74.493

Current CPI (Mar. 2024) = 129.4194.

Alphabet(Google) Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 9.617 100.560 12.377
201409 7.843 100.428 10.107
201412 13.618 99.070 17.790
201503 10.051 99.621 13.057
201506 9.716 100.684 12.489
201509 11.292 100.392 14.557
201512 13.913 99.792 18.044
201603 11.864 100.470 15.282
201606 13.795 101.688 17.557
201609 14.288 101.861 18.154
201612 14.899 101.863 18.930
201703 15.234 102.862 19.167
201706 9.873 103.349 12.364
201709 18.860 104.136 23.439
201712 -8.573 104.011 -10.667
201803 26.270 105.290 32.290
201806 8.947 106.317 10.891
201809 25.738 106.507 31.275
201812 25.166 105.998 30.727
201903 18.722 107.251 22.592
201906 28.004 108.070 33.536
201909 19.944 108.329 23.827
201912 30.251 108.420 36.110
202003 19.451 108.902 23.116
202006 19.963 108.767 23.753
202009 32.320 109.815 38.090
202012 43.947 109.897 51.754
202103 51.810 111.754 60.000
202106 53.604 114.631 60.519
202109 55.180 115.734 61.705
202112 60.482 117.630 66.544
202203 48.480 121.301 51.725
202206 47.692 125.017 49.372
202209 41.779 125.227 43.178
202212 41.385 125.222 42.772
202303 46.115 127.348 46.865
202306 56.757 128.729 57.062
202309 61.092 129.860 60.885
202312 64.640 129.419 64.640
202403 74.493 129.419 74.493

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)  (UKEX: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

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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.