Alphabet P/E
What is the P/E of Alphabet?
The P/E of Alphabet Inc. is 18.29
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Miscellaneous sector on LSE compared to Alphabet
What does Alphabet do?
Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment offers products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play store; and Fitbit wearable devices, Google Nest home products, Pixel phones, and other devices, as well as in the provision of YouTube non-advertising services. The Google Cloud segment offers infrastructure, platform, and other services; Google Workspace that include cloud-based collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells health technology and internet services. The company was founded in 1998 and is headquartered in Mountain View, California.
Companies with p/e similar to Alphabet
- Indian Terrain Fashions has P/E of 18.28
- Oceaneering International has P/E of 18.28
- Resilux NV has P/E of 18.28
- Fidelity D&D has P/E of 18.28
- Asia has P/E of 18.28
- STV Plc has P/E of 18.28
- Alphabet has P/E of 18.29
- Exelon has P/E of 18.29
- Oil India has P/E of 18.30
- IAA Inc has P/E of 18.30
- ArcBest Corp has P/E of 18.30
- Systemax has P/E of 18.31
- Cadence Bank has P/E of 18.32