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Alphabet (WAR:GOGL) Cyclically Adjusted PB Ratio : 9.23 (As of May. 25, 2025)


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What is Alphabet Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Alphabet's current share price is zł656.10. Alphabet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was zł71.07. Alphabet's Cyclically Adjusted PB Ratio for today is 9.23.

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

WAR:GOGL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.19   Med: 8.55   Max: 13.25
Current: 9.11

During the past years, Alphabet's highest Cyclically Adjusted PB Ratio was 13.25. The lowest was 6.19. And the median was 8.55.

WAR:GOGL's Cyclically Adjusted PB Ratio is ranked worse than
92.57% of 323 companies
in the Interactive Media industry
Industry Median: 1.62 vs WAR:GOGL: 9.11

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 zł106.426. 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 zł71.07 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
=656.10/71.07
=9.23

* 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)
=106.426/134.9266*134.9266
=106.426

Current CPI (Mar. 2025) = 134.9266.

Alphabet Quarterly Data

Book Value per Share CPI Adj_Book
201506 30.549 100.684 40.939
201509 31.665 100.392 42.558
201512 32.796 99.792 44.343
201603 33.706 100.470 45.265
201606 34.882 101.688 46.284
201609 36.454 101.861 48.288
201612 37.677 101.863 49.907
201703 39.234 102.862 51.464
201706 40.092 103.349 52.342
201709 42.358 104.136 54.882
201712 41.119 104.011 53.341
201803 43.353 105.290 55.556
201806 43.607 106.317 55.342
201809 45.717 106.507 57.916
201812 47.841 105.998 60.898
201903 49.470 107.251 62.236
201906 51.875 108.070 64.767
201909 52.864 108.329 65.843
201912 54.824 108.420 68.227
202003 55.780 108.902 69.110
202006 57.014 108.767 70.726
202009 58.855 109.815 72.314
202012 61.743 109.897 75.805
202103 64.207 111.754 77.520
202106 66.659 114.631 78.461
202109 68.929 115.734 80.360
202112 71.195 117.630 81.664
202203 72.232 121.301 80.346
202206 73.174 125.017 78.974
202209 73.260 125.227 78.935
202212 74.690 125.222 80.479
202303 76.834 127.348 81.407
202306 79.253 128.729 83.069
202309 81.620 129.860 84.805
202312 85.211 129.419 88.837
202403 88.619 131.776 90.738
202406 91.448 132.554 93.085
202409 95.964 133.029 97.333
202412 99.745 133.157 101.070
202503 106.426 134.927 106.426

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  (WAR:GOGL) 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.