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Alphabet (CHIX:ABEAD) Cyclically Adjusted PB Ratio : 9.02 (As of Jun. 04, 2025)


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What is Alphabet Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Alphabet's current share price is €151.24. Alphabet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €16.77. Alphabet's Cyclically Adjusted PB Ratio for today is 9.02.

The historical rank and industry rank for Alphabet's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:ABEAd' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.19   Med: 8.56   Max: 13.25
Current: 8.98

During the past years, Alphabet's highest Cyclically Adjusted PB Ratio was 13.25. The lowest was 6.19. And the median was 8.56.

CHIX:ABEAd's Cyclically Adjusted PB Ratio is ranked worse than
92.66% of 327 companies
in the Interactive Media industry
Industry Median: 1.69 vs CHIX:ABEAd: 8.98

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Alphabet's adjusted book value per share data for the three months ended in Mar. 2025 was €26.275. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €16.77 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alphabet Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alphabet's Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Chart

Alphabet Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.94 12.25 6.34 8.88 10.62

Alphabet Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB 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 9.17 10.76 9.54 10.62 8.36

Competitive Comparison of Alphabet's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Alphabet's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Alphabet's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alphabet's Cyclically Adjusted PB Ratio falls into.


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Alphabet Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Alphabet's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=151.24/16.77
=9.02

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Alphabet's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=26.275/134.9266*134.9266
=26.275

Current CPI (Mar. 2025) = 134.9266.

Alphabet Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.265 100.684 9.736
201509 7.530 100.392 10.120
201512 8.036 99.792 10.865
201603 8.078 100.470 10.848
201606 8.286 101.688 10.994
201609 8.669 101.861 11.483
201612 9.533 101.863 12.627
201703 9.791 102.862 12.843
201706 9.524 103.349 12.434
201709 9.485 104.136 12.290
201712 9.274 104.011 12.031
201803 9.384 105.290 12.025
201806 9.963 106.317 12.644
201809 10.457 106.507 13.247
201812 11.224 105.998 14.287
201903 11.685 107.251 14.700
201906 12.253 108.070 15.298
201909 12.812 108.329 15.958
201912 13.169 108.420 16.389
202003 13.474 108.902 16.694
202006 13.513 108.767 16.763
202009 13.336 109.815 16.386
202012 13.546 109.897 16.631
202103 14.395 111.754 17.380
202106 14.767 114.631 17.381
202109 15.638 115.734 18.231
202112 16.817 117.630 19.290
202203 17.505 121.301 19.471
202206 18.476 125.017 19.941
202209 19.749 125.227 21.279
202212 18.819 125.222 20.277
202303 19.154 127.348 20.294
202306 19.524 128.729 20.464
202309 20.412 129.860 21.208
202312 20.855 129.419 21.742
202403 21.760 131.776 22.280
202406 22.675 132.554 23.081
202409 23.077 133.029 23.406
202412 25.424 133.157 25.762
202503 26.275 134.927 26.275

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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  (CHIX:ABEAd) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Alphabet Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Alphabet's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Alphabet Business Description

Address
1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043
Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV, YouTube Music among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform, or GCP, accounts for roughly 10% of Alphabet's revenue with the firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest.

Alphabet Headlines

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