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Alphabet (FRA:ABEA) Shiller PE Ratio : 50.28 (As of Apr. 30, 2024)


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What is Alphabet Shiller PE Ratio?

As of today (2024-04-30), Alphabet's current share price is €154.86. Alphabet's E10 for the quarter that ended in Mar. 2024 was €3.08. Alphabet's Shiller PE Ratio for today is 50.28.

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

FRA:ABEA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 33.34   Med: 51.24   Max: 78.26
Current: 49.96

During the past years, Alphabet's highest Shiller PE Ratio was 78.26. The lowest was 33.34. And the median was 51.24.

FRA:ABEA's Shiller PE Ratio is ranked worse than
82.12% of 179 companies
in the Interactive Media industry
Industry Median: 23.43 vs FRA:ABEA: 49.96

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Alphabet's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.739. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alphabet Shiller PE Ratio Historical Data

The historical data trend for Alphabet's Shiller 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 Shiller PE Ratio Chart

Alphabet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.20 56.83 67.93 33.62 44.08

Alphabet Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 37.67 41.33 42.93 44.08 45.39

Competitive Comparison of Alphabet's Shiller PE Ratio

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

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

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



Alphabet Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Alphabet's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=154.86/3.08
=50.28

* 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 E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Alphabet's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.739/129.4194*129.4194
=1.739

Current CPI (Mar. 2024) = 129.4194.

Alphabet Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.180 100.560 0.232
201409 0.154 100.428 0.198
201412 0.280 99.070 0.366
201503 0.236 99.621 0.307
201506 0.220 100.684 0.283
201509 0.255 100.392 0.329
201512 0.324 99.792 0.420
201603 0.270 100.470 0.348
201606 0.312 101.688 0.397
201609 0.323 101.861 0.410
201612 0.358 101.863 0.455
201703 0.361 102.862 0.454
201706 0.223 103.349 0.279
201709 0.401 104.136 0.498
201712 -0.184 104.011 -0.229
201803 0.541 105.290 0.665
201806 0.194 106.317 0.236
201809 0.560 106.507 0.680
201812 0.561 105.998 0.685
201903 0.420 107.251 0.507
201906 0.629 108.070 0.753
201909 0.459 108.329 0.548
201912 0.691 108.420 0.825
202003 0.447 108.902 0.531
202006 0.450 108.767 0.535
202009 0.696 109.815 0.820
202012 0.917 109.897 1.080
202103 1.104 111.754 1.279
202106 1.129 114.631 1.275
202109 1.190 115.734 1.331
202112 1.358 117.630 1.494
202203 1.117 121.301 1.192
202206 1.145 125.017 1.185
202209 1.071 125.227 1.107
202212 0.991 125.222 1.024
202303 1.093 127.348 1.111
202306 1.329 128.729 1.336
202309 1.452 129.860 1.447
202312 1.504 129.419 1.504
202403 1.739 129.419 1.739

Add all the adjusted EPS together and divide 10 will get our E10.

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  (FRA:ABEA) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Alphabet Shiller PE Ratio Related Terms

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


Alphabet (FRA:ABEA) Business Description

Address
1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043
Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud service fees and other licensing revenue. Sales of hardware such as Chromebooks, the Pixel smartphone, and smart home products, which include Nest and Google Home, also contribute to other revenue. Alphabet's moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), provide faster internet access (Google Fiber), enable self-driving cars (Waymo), and more.

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