GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Alphabet Inc(Google) (MEX:GOOG) » Definitions » Forward PE Ratio

Google (GOOG) Forward PE Ratio : 21.39 (As of Dec. 16, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Alphabet(Google) Forward PE Ratio?

Alphabet(Google)'s Forward PE Ratio for today is 21.39.

Alphabet(Google)'s PE Ratio without NRI for today is 25.68.

Alphabet(Google)'s PE Ratio (TTM) for today is 25.18.


Alphabet(Google) Forward PE Ratio Historical Data

The historical data trend for Alphabet(Google)'s Forward 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) Forward PE Ratio Chart

Alphabet(Google) Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-11 2020-12 2021-12 2022-12 2023-12 2024-12
Forward PE Ratio
22.57 18.90 25.25 20.96 23.87 30.40 26.04 16.58 21.10 21.39

Alphabet(Google) Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03 2024-06 2024-09 2024-12
Forward PE Ratio 22.57 18.87 20.66 19.08 18.90 20.24 23.04 23.20 25.25 24.81 25.06 24.69 20.96 24.81 23.26 21.41 20.62 33.22 26.11 30.40 30.12 31.65 27.10 26.04 24.51 20.45 16.03 16.58 19.12 22.73 19.53 21.10 22.47 24.27 17.79 21.39

Competitive Comparison of Alphabet(Google)'s Forward PE Ratio

For the Internet Content & Information subindustry, Alphabet(Google)'s Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Alphabet(Google)'s Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Alphabet(Google)'s Forward PE Ratio falls into.



Alphabet(Google) Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Alphabet(Google)  (MEX:GOOG) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Alphabet(Google) Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Alphabet(Google)'s Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Alphabet(Google) 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.