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Alphabet (WBO:GOOA) Cyclically Adjusted PS Ratio : 13.43 (As of Jan. 18, 2025)


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What is Alphabet Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Alphabet's current share price is €190.26. Alphabet's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €14.17. Alphabet's Cyclically Adjusted PS Ratio for today is 13.43.

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

WBO:GOOA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.43   Med: 11.48   Max: 17.16
Current: 12.3

During the past years, Alphabet's highest Cyclically Adjusted PS Ratio was 17.16. The lowest was 7.43. And the median was 11.48.

WBO:GOOA's Cyclically Adjusted PS Ratio is ranked worse than
92.77% of 249 companies
in the Interactive Media industry
Industry Median: 1.7 vs WBO:GOOA: 12.30

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Alphabet's adjusted revenue per share data for the three months ended in Sep. 2024 was €6.404. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €14.17 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alphabet Cyclically Adjusted PS Ratio Historical Data

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

Alphabet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.78 11.90 15.30 7.50 9.97

Alphabet Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted PS 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 9.68 9.97 10.25 11.88 10.41

Competitive Comparison of Alphabet's Cyclically Adjusted PS Ratio

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

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

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



Alphabet Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=190.26/14.17
=13.43

* 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 Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Alphabet's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=6.404/133.0289*133.0289
=6.404

Current CPI (Sep. 2024) = 133.0289.

Alphabet Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.066 99.070 1.431
201503 1.156 99.621 1.544
201506 1.143 100.684 1.510
201509 1.198 100.392 1.587
201512 1.405 99.792 1.873
201603 1.301 100.470 1.723
201606 1.373 101.688 1.796
201609 1.432 101.861 1.870
201612 1.764 101.863 2.304
201703 1.648 102.862 2.131
201706 1.645 103.349 2.117
201709 1.656 104.136 2.115
201712 1.937 104.011 2.477
201803 1.791 105.290 2.263
201806 1.988 106.317 2.487
201809 2.054 106.507 2.565
201812 2.463 105.998 3.091
201903 2.294 107.251 2.845
201906 2.462 108.070 3.031
201909 2.633 108.329 3.233
201912 2.982 108.420 3.659
202003 2.690 108.902 3.286
202006 2.475 108.767 3.027
202009 2.858 109.815 3.462
202012 3.424 109.897 4.145
202103 3.406 111.754 4.054
202106 3.779 114.631 4.386
202109 4.091 115.734 4.702
202112 4.957 117.630 5.606
202203 4.625 121.301 5.072
202206 4.648 125.017 4.946
202209 5.318 125.227 5.649
202212 5.561 125.222 5.908
202303 4.756 127.348 4.968
202306 5.395 128.729 5.575
202309 5.660 129.860 5.798
202312 6.279 129.419 6.454
202403 5.531 131.776 5.584
202406 6.301 132.554 6.324
202409 6.404 133.029 6.404

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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  (WBO:GOOA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Alphabet Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Alphabet's Cyclically Adjusted PS 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.

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