Price to Earnings (P/E)
since 2005
Paying user area
Try for free
Alphabet Inc. pages available for free this week:
- Analysis of Profitability Ratios
- Analysis of Solvency Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Common Stock Valuation Ratios
- Enterprise Value to FCFF (EV/FCFF)
- Total Asset Turnover since 2005
- Price to Operating Profit (P/OP) since 2005
- Price to Book Value (P/BV) since 2005
- Price to Sales (P/S) since 2005
- Analysis of Debt
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Alphabet Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Alphabet Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income available to all stockholders1 (in millions) | ÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 5, 2026 | = | ÷ | = | ÷ | |||||||
| Feb 5, 2025 | = | ÷ | = | ÷ | |||||||
| Jan 31, 2024 | = | ÷ | = | ÷ | |||||||
| Feb 3, 2023 | = | ÷ | = | ÷ | |||||||
| Feb 2, 2022 | = | ÷ | = | ÷ | |||||||
| Feb 3, 2021 | = | ÷ | = | ÷ | |||||||
| Feb 4, 2020 | = | ÷ | = | ÷ | |||||||
| Feb 5, 2019 | = | ÷ | = | ÷ | |||||||
| Feb 6, 2018 | = | ÷ | = | ÷ | |||||||
| Feb 3, 2017 | = | ÷ | = | ÷ | |||||||
| Feb 11, 2016 | = | ÷ | = | ÷ | |||||||
| Feb 9, 2015 | = | ÷ | = | ÷ | |||||||
| Feb 12, 2014 | = | ÷ | = | ÷ | |||||||
| Jan 29, 2013 | = | ÷ | = | ÷ | |||||||
| Jan 26, 2012 | = | ÷ | = | ÷ | |||||||
| Feb 11, 2011 | = | ÷ | = | ÷ | |||||||
| Feb 12, 2010 | = | ÷ | = | ÷ | |||||||
| Feb 13, 2009 | = | ÷ | = | ÷ | |||||||
| Feb 15, 2008 | = | ÷ | = | ÷ | |||||||
| Mar 1, 2007 | = | ÷ | = | ÷ | |||||||
| Mar 16, 2006 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Alphabet Inc. Annual Report.
The price-to-earnings (P/E) ratio, calculated from the provided share price and earnings per share figures, exhibits considerable fluctuation over the observed period. Initial values are relatively high, followed by a period of decline, then renewed volatility before stabilizing somewhat in recent years.
- Initial Period (2006-2009)
- The P/E ratio begins at a high of 68.72, decreasing steadily to 26.67 by 2009. This decline coincides with a period of economic uncertainty, potentially indicating investor caution despite relatively stable earnings per share. The decrease suggests that while earnings were growing, the market was not valuing each dollar of earnings as highly as it had previously.
- Stabilization and Subsequent Increase (2010-2012)
- From 2010 to 2012, the P/E ratio demonstrates a period of relative stability, fluctuating between 23.60 and 26.00. Earnings per share continued to increase during this time, while the share price remained relatively contained, resulting in a consistent P/E ratio. A slight decrease is observed in 2012, bringing the ratio to 18.97.
- Volatility and Peak (2013-2018)
- The period between 2013 and 2018 is characterized by increased volatility in the P/E ratio. It rises to a peak of 59.34 in 2018, driven by a combination of share price appreciation and fluctuating earnings per share. The ratio experiences a significant drop in 2015, followed by a recovery, indicating changing investor sentiment and market conditions. The 2018 peak represents the highest P/E ratio observed throughout the entire period.
- Recent Trends (2019-2026)
- From 2019 onwards, the P/E ratio generally decreases, with fluctuations. The ratio in 2019 is 25.92, and it continues to fluctuate, reaching 22.47 in 2022. A substantial increase is then observed in 2024 and 2025, reaching 193.30 and 331.33 respectively. This recent surge suggests a significant increase in investor confidence or speculative activity, or potentially a substantial increase in share price relative to earnings. The P/E ratio in 2026 is 30.33, indicating a decrease from the previous year.
Overall, the P/E ratio demonstrates a dynamic relationship with both share price and earnings per share. The observed fluctuations likely reflect broader economic conditions, investor sentiment, and company-specific performance expectations. The recent increase in the P/E ratio warrants further investigation to determine its sustainability and underlying drivers.
Comparison to Competitors
Alphabet Inc., P/E, long-term trends, comparison to competitors
| Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Trade Desk Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|---|
| Feb 5, 2026 | ||||||
| Feb 5, 2025 | ||||||
| Jan 31, 2024 | ||||||
| Feb 3, 2023 | ||||||
| Feb 2, 2022 | ||||||
| Feb 3, 2021 | ||||||
| Feb 4, 2020 | ||||||
| Feb 5, 2019 | ||||||
| Feb 6, 2018 | ||||||
| Feb 3, 2017 | ||||||
| Feb 11, 2016 | ||||||
| Feb 9, 2015 | ||||||
| Feb 12, 2014 | ||||||
| Jan 29, 2013 | ||||||
| Jan 26, 2012 | ||||||
| Feb 11, 2011 | ||||||
| Feb 12, 2010 | ||||||
| Feb 13, 2009 | ||||||
| Feb 15, 2008 | ||||||
| Mar 1, 2007 | ||||||
| Mar 16, 2006 |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Media & Entertainment)
Alphabet Inc., P/E, long-term trends, comparison to sector (media & entertainment)
| Alphabet Inc. | Media & Entertainment | |
|---|---|---|
| Feb 5, 2026 | ||
| Feb 5, 2025 | ||
| Jan 31, 2024 | ||
| Feb 3, 2023 | ||
| Feb 2, 2022 | ||
| Feb 3, 2021 | ||
| Feb 4, 2020 | ||
| Feb 5, 2019 | ||
| Feb 6, 2018 | ||
| Feb 3, 2017 | ||
| Feb 11, 2016 | ||
| Feb 9, 2015 | ||
| Feb 12, 2014 | ||
| Jan 29, 2013 | ||
| Jan 26, 2012 | ||
| Feb 11, 2011 | ||
| Feb 12, 2010 | ||
| Feb 13, 2009 | ||
| Feb 15, 2008 | ||
| Mar 1, 2007 | ||
| Mar 16, 2006 |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Communication Services)
Alphabet Inc., P/E, long-term trends, comparison to industry (communication services)
| Alphabet Inc. | Communication Services | |
|---|---|---|
| Feb 5, 2026 | ||
| Feb 5, 2025 | ||
| Jan 31, 2024 | ||
| Feb 3, 2023 | ||
| Feb 2, 2022 | ||
| Feb 3, 2021 | ||
| Feb 4, 2020 | ||
| Feb 5, 2019 | ||
| Feb 6, 2018 | ||
| Feb 3, 2017 | ||
| Feb 11, 2016 | ||
| Feb 9, 2015 | ||
| Feb 12, 2014 | ||
| Jan 29, 2013 | ||
| Jan 26, 2012 | ||
| Feb 11, 2011 | ||
| Feb 12, 2010 | ||
| Feb 13, 2009 | ||
| Feb 15, 2008 | ||
| Mar 1, 2007 | ||
| Mar 16, 2006 |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).