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Alphabet(Google) (GOOGL) Shiller PE Ratio : 45.32 (As of May. 12, 2024)


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What is Alphabet(Google) Shiller PE Ratio?

As of today (2024-05-12), 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: 51.22   Max: 78.26
Current: 50.72

During the past years, Alphabet(Google)'s highest Shiller PE Ratio was 78.26. The lowest was 33.34. And the median was 51.22.

UKEX:GOOGL's Shiller PE Ratio is ranked worse than
79.33% of 179 companies
in the Interactive Media industry
Industry Median: 24.01 vs UKEX:GOOGL: 50.72

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 ₴74.739. 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)
=74.739/129.4194*129.4194
=74.739

Current CPI (Mar. 2024) = 129.4194.

Alphabet(Google) Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 9.649 100.560 12.418
201409 7.869 100.428 10.141
201412 13.663 99.070 17.849
201503 10.084 99.621 13.100
201506 9.748 100.684 12.530
201509 11.329 100.392 14.605
201512 13.959 99.792 18.103
201603 11.903 100.470 15.333
201606 13.840 101.688 17.614
201609 14.335 101.861 18.213
201612 14.948 101.863 18.992
201703 15.284 102.862 19.230
201706 9.906 103.349 12.405
201709 18.922 104.136 23.516
201712 -8.601 104.011 -10.702
201803 26.356 105.290 32.396
201806 8.977 106.317 10.928
201809 25.822 106.507 31.377
201812 25.249 105.998 30.828
201903 18.784 107.251 22.667
201906 28.096 108.070 33.647
201909 20.009 108.329 23.904
201912 30.350 108.420 36.228
202003 19.515 108.902 23.192
202006 20.029 108.767 23.832
202009 32.426 109.815 38.215
202012 44.092 109.897 51.925
202103 51.981 111.754 60.198
202106 53.780 114.631 60.718
202109 55.362 115.734 61.908
202112 60.681 117.630 66.763
202203 48.639 121.301 51.894
202206 47.849 125.017 49.534
202209 41.917 125.227 43.320
202212 41.521 125.222 42.913
202303 46.267 127.348 47.020
202306 56.944 128.729 57.250
202309 61.294 129.860 61.086
202312 64.853 129.419 64.853
202403 74.739 129.419 74.739

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.