Alphabet (CHIX:ABECD) PB Ratio: 9.31 (As of Jun. 24, 2026) — 74% Above Median


CHIX:ABECD Alphabet Inc CHIX:ABECD
93 GF Score
Price €318.20
GF Value €213.26
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Alphabet PB Ratio?

Alphabet CHIX:ABECD 93 PB Ratio is 9.31 as of Jun. 24, 2026, which is 74% above its 10-year median of 5.35. GuruFocus rates CHIX:ABECD with a GF Score™ of 93/100 and a GF Value™ of €213.26 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 512 Interactive Media companies, Alphabet ranks worse than 91.99% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-24), Alphabet's share price is €318.20. Alphabet's Book Value per Share for the quarter that ended in Mar. 2026 was €34.18. Hence, Alphabet's PB Ratio of today is 9.31.

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

CHIX:ABECd' s PB Ratio Range Over the Past 10 Years
Min: 3.65   Med: 5.35   Max: 10.14
Current: 8.76

During the past 13 years, Alphabet's highest PB Ratio was 10.14. The lowest was 3.65. And the median was 5.35.

CHIX:ABECd's PB Ratio is ranked worse than
91.99% of 512 companies
in the Interactive Media industry
Industry Median: 1.665 vs CHIX:ABECd: 8.76

During the past 12 months, Alphabet's average Book Value Per Share Growth Rate was 39.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alphabet was 304.30% per year. The lowest was 10.90% per year. And the median was 19.40% per year.

Back to Basics: PB Ratio


Alphabet  (CHIX:ABECd) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Alphabet PB Ratio Related Terms


Alphabet PB Ratio Historical Data

* Premium members only.

The historical data trend for Alphabet's 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.

Alphabet PB Ratio Chart

Alphabet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 6.18 7.23 6.98

Alphabet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.88 5.85 7.51 6.98 7.71

CHIX:ABECD vs META, SPOT, NBIS: PB Ratio Comparison

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

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

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


CHIX:ABECD
93GF Score
Alphabet Inc CHIX:ABECD
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alphabet PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Alphabet's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=318.20/34.179
=9.31

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 9.31 mean?
Alphabet (CHIX:ABECD) has a PB Ratio of 9.31 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Alphabet and its competitors. This is 74% above median its historical median of 5.35. Over the past decade, Alphabet's PB Ratio has ranged from 3.65 to 10.14. According to the industry distribution chart, Alphabet ranks #471 out of 512 companies in the Interactive Media industry, placing it in the top 92%.
Is Alphabet's PB Ratio too high?
Alphabet's current PB Ratio of 9.31 is 74% above median its 10-year median of 5.35. Over the past 10 years, this metric has ranged from a low of 3.65 to a high of 10.14. The Interactive Media industry median PB Ratio is 1.67. Alphabet's value of 9.31 is 459.2% above this industry median. Based on the distribution chart, Alphabet ranks #471 out of 512 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Alphabet has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alphabet's PB Ratio compare to META and SPOT?
According to the Interactive Media industry distribution chart, Alphabet ranks #471 out of 512 companies for PB Ratio. This places Alphabet in the lower half of its industry. The industry median PB Ratio is 1.67. Alphabet's value of 9.31 is 459.2% above this benchmark. Historically, Alphabet's own PB Ratio has ranged from 3.65 to 10.14 over the past decade. While the company's 10-year median is 5.35 vs. the industry median of 1.67, Alphabet has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Interactive Media company?
The median PB Ratio among Interactive Media companies is 1.67, based on 512 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alphabet's current PB Ratio of 9.31 is 459.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Alphabet and its competitors. For the Interactive Media industry, the median PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alphabet's current PB Ratio is 9.31, which is 74% above median its own 10-year median of 5.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alphabet stock overvalued right now?
Based on GuruFocus' analysis, Alphabet (CHIX:ABECD) is currently considered Significantly Overvalued. The stock's GF Value™ is €213.26, compared to a current price of €318.20 — trading 49.2% above its estimated fair value. The current PB Ratio is 9.31, which is 74% above median its 10-year median of 5.35 and 459.2% above the Interactive Media industry median of 1.67. Alphabet's overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Alphabet (CHIX:ABECD), the current PB Ratio is 9.31 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alphabet (CHIX:ABECD) Overvalued in 2026?

Based on GuruFocus' analysis, Alphabet stock appears to be overvalued. The current stock price of €318.20 is trading 49.2% above its estimated GF Value™ of €213.26. GuruFocus considers Alphabet to be Significantly Overvalued.

Key valuation signals for CHIX:ABECD:

  • PB Ratio: 9.31 (74% above median its 10-year median of 5.35)
  • GF Value™: €213.26 vs. price of €318.20 (49.2% above fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 459.2% above the Interactive Media median (#471 of 512)

No single metric tells the full story. See the CHIX:ABECD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 and 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 accounts for roughly 10% of Alphabet's revenue. The firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) make up the rest.
93GF Score

Get the complete analysis for CHIX:ABECD

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€318.20
Price
€213.26
GF Value