GOOGL Historical PE Ratio image   This GOOGL PE ratio history page last updated 3/11/2024
GOOGL Historical PE Ratio Chart
PeriodPriceGAAPAnnualizedPE
Q4 2023
1/30/2024
151.461.646.5623.1
Q3 2023
10/24/2023
138.811.556.2022.4
Q2 2023
7/25/2023
122.211.445.7621.2
Q1 2023
4/25/2023
103.851.174.6822.2
Q4 2022
2/2/2023
107.741.054.2025.7
Q3 2022
10/25/2022
104.481.064.2424.6
Q2 2022
7/26/2022
105.021.214.8421.7
Q1 2022
4/26/2022
118.651.234.9224.1
Q4 2021
2/1/2022
137.641.536.1222.5
Q3 2021
10/26/2021
139.311.405.6024.9
Q2 2021
7/27/2021
131.901.365.4424.2
Q1 2021
4/27/2021
114.551.315.2421.9
Q4 2020
2/2/2021
95.961.124.4821.4
Q3 2020
10/29/2020
77.840.823.2823.7
Q2 2020
7/30/2020
76.920.512.0437.7
Q1 2020
4/28/2020
61.630.491.9631.4
Q4 2019
2/3/2020
74.130.773.0824.1
Q3 2019
10/28/2019
64.450.512.0431.6
Q2 2019
7/25/2019
56.800.712.8420.0
Q1 2019
4/29/2019
64.810.602.4027.0
Q4 2018
2/4/2019
57.070.642.5622.3
Q3 2018
10/25/2018
55.180.652.6021.2
Q2 2018
7/23/2018
60.550.592.3625.7
Q1 2018
4/23/2018
53.690.502.0026.8
Q4 2017
2/1/2018
59.080.491.9630.1
Q3 2017
10/26/2017
49.570.481.9225.8
Q2 2017
7/24/2017
49.920.251.0049.9
Q1 2017
4/27/2017
44.570.391.5628.6
Q4 2016
1/26/2017
42.850.471.8822.8
Q3 2016
10/27/2016
40.870.451.8022.7
Q2 2016
7/28/2016
38.290.421.6822.8
Q1 2016
4/21/2016
39.000.381.5225.7
Q4 2015
2/1/2016
38.540.431.7222.4
Q3 2015
10/22/2015
34.060.371.4823.0
Q2 2015
7/16/2015
30.090.351.4021.5
Q1 2015
4/23/2015
27.870.321.2821.8
GOOGL PE History Chart
PeriodPriceGAAPTTMPE
Q4 2023
1/30/2024
151.461.645.8026.1
Q3 2023
10/24/2023
138.811.555.2126.6
Q2 2023
7/25/2023
122.211.444.7225.9
Q1 2023
4/25/2023
103.851.174.4923.1
Q4 2022
2/2/2023
107.741.054.5523.7
Q3 2022
10/25/2022
104.481.065.0320.8
Q2 2022
7/26/2022
105.021.215.3719.6
Q1 2022
4/26/2022
118.651.235.5221.5
Q4 2021
2/1/2022
137.641.535.6024.6
Q3 2021
10/26/2021
139.311.405.1926.8
Q2 2021
7/27/2021
131.901.364.6128.6
Q1 2021
4/27/2021
114.551.313.7630.5
Q4 2020
2/2/2021
95.961.122.9432.6
Q3 2020
10/29/2020
77.840.822.5930.1
Q2 2020
7/30/2020
76.920.512.2833.7
Q1 2020
4/28/2020
61.630.492.4824.9
Q4 2019
2/3/2020
74.130.772.5928.6
Q3 2019
10/28/2019
64.450.512.4626.2
Q2 2019
7/25/2019
56.800.712.6021.8
Q1 2019
4/29/2019
64.810.602.4826.1
Q4 2018
2/4/2019
57.070.642.3824.0
Q3 2018
10/25/2018
55.180.652.2324.7
Q2 2018
7/23/2018
60.550.592.0629.4
Q1 2018
4/23/2018
53.690.501.7231.2
Q4 2017
2/1/2018
59.080.491.6136.7
Q3 2017
10/26/2017
49.570.481.5931.2
Q2 2017
7/24/2017
49.920.251.5632.0
Q1 2017
4/27/2017
44.570.391.7325.8
Q4 2016
1/26/2017
42.850.471.7224.9
Q3 2016
10/27/2016
40.870.451.6824.3
Q2 2016
7/28/2016
38.290.421.6023.9
Q1 2016
4/21/2016
39.000.381.5325.5
Q4 2015
2/1/2016
38.540.431.4726.2
Q3 2015
10/22/2015
34.060.37NANA
Q2 2015
7/16/2015
30.090.35NANA
Q1 2015
4/23/2015
27.870.32NANA
How should the GOOGL historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Alphabet. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this GOOGL Historical PE Ratio page.

What is the average historical PE for GOOGL based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The GOOGL historical PE ratio using the annualized quarterly earnings method works out to 25.2.

What is the average historical PE for GOOGL based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The GOOGL historical PE ratio using the TTM earnings method works out to 26.7.

What is the average historical PE for GOOGL based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?

✔️Accepted answer: The GOOGL historical PE ratio using the annualized median TTM earnings method works out to 6.

On this page we presented the GOOGL Historical PE Ratio information for Alphabet' stock. The average GOOGL historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 25.2. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average GOOGL historical PE based on this TTM earnings result method is 26.7.

Let's now compare this GOOGL historical PE result, against the recent PE: when this page was posted on 3/8/2024, the most recent closing price for GOOGL had been 135.41, and the most recent quarterly earnings result, annualized, was 6.56. Meanwhile, the most recent TTM earnings summed to 5.8. From these numbers, we calculate the recent GOOGL PE on 3/8/2024 based on annualized quarterly EPS was 20.6. Based on GOOGL's history, that recent PE is low relative to the historical average, with the recent PE 18.3% lower than the historical average PE across our data set for Alphabet. Looking at the recent GOOGL PE on 3/8/2024 based on TTM EPS, we calculate the ratio at 23.3. Based on GOOGL's history, that recent PE is low relative to the historical average, with the recent PE 12.7% lower than the average PE across our Alphabet data set with TTM EPS used in the calculation at each period.

Another interesting GOOGL historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for GOOGL, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for GOOGL, we start with the past four EPS numbers and we first sort them from lowest to highest: 1.17, 1.44, 1.55, and 1.64. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 1.44 and 1.55 — which gives us the median of 1.50. Basically the way to think about this 1.50 number is this: for the trailing four earnings reports, 1.50 marks the "middle ground" number where GOOGL has reported a value higher than 1.50 half the time, and has reported a value lower than 1.50 half the time. Annualizing that median value then gets us to 6/share, which we use as the denominator in our next PE calculation. With 135.41 as the numerator (as of 3/8/2024), the calculation is then 135.41 / 6 = 22.6 as the GOOGL PE ratio as of 3/8/2024, based on that annualized median value we calculated.

For self directed investors doing their due diligence on GOOGL or any other given stock, valuation analysis for GOOGL can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Alphabet PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for GOOGL. Thanks for visiting, and the next time you need to research GOOGL Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.

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