Question 1

What is Alphabet's P/E ratio?

Accepted Answer

Alphabet (GOOGL) P/E ratio is 28.2× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Alphabet?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Alphabet specifically, the relevant sector benchmark is the current sector median of 24.9×.

Question 5

Is Alphabet's P/E ratio high or low?

Accepted Answer

Alphabet's P/E ratio of 28.2× is above its own 5-year average of 22.9× and above the sector median of 24.9×. That places the current reading at the 78th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Alphabet's historical P/E ratio range?

Accepted Answer

In the available daily series, Alphabet (GOOGL) P/E ratio has ranged from a low of 16.3× in 2022 to a high of 259.2× in 2003. The 5-year average is 22.9× and the 5-year median is 23.5×.

Question 7

What was Alphabet's P/E ratio in 2025?

Accepted Answer

Alphabet (GOOGL) P/E ratio at the end of 2025 was 28.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Alphabet's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$3.78T	$132.17B	28.6×	+5.5×	Dec 31, 2025
2024	$2.31T	$100.12B	23.1×	-0.5×	Dec 31, 2024
2023	$1.74T	$73.80B	23.6×	+4.7×	Dec 31, 2023
2022	$1.14T	$59.97B	19.0×	-6.3×	Dec 31, 2022
2021	$1.92T	$76.03B	25.2×	-4.2×	Dec 31, 2021
2020	$1.18T	$40.27B	29.4×	+2.5×	Dec 31, 2020
2019	$922.59B	$34.34B	26.9×	+3.2×	Dec 31, 2019
2018	$726.55B	$30.74B	23.6×	-34.1×	Dec 31, 2018
2017	$731.33B	$12.66B	57.8×	+29.7×	Dec 31, 2017
2016	$546.68B	$19.48B	28.1×	-4.7×	Dec 31, 2016
2015	$534.93B	$16.35B	32.7×	+7.5×	Dec 31, 2015
2014	$360.25B	$14.30B	25.2×	-3.9×	Dec 31, 2014
2013	$375.55B	$12.92B	29.1×	+7.3×	Dec 31, 2013
2012	$233.19B	$10.74B	21.7×	+0.2×	Dec 31, 2012
2011	$209.57B	$9.74B	21.5×	-0.8×	Dec 31, 2011
2010	$190.18B	$8.51B	22.4×	-7.8×	Dec 31, 2010
2009	$196.81B	$6.52B	30.2×	+7.3×	Dec 31, 2009
2008	$96.70B	$4.23B	22.9×	-28.3×	Dec 31, 2008
2007	$215.08B	$4.20B	51.2×	+6.0×	Dec 31, 2007
2006	$138.89B	$3.08B	45.1×	-33.0×	Dec 31, 2006
2005	$114.53B	$1.47B	78.2×	-53.8×	Dec 31, 2005
2004	$52.66B	$399.12M	131.9×	-118.6×	Dec 31, 2004
2003	$26.36B	$105.17M	250.6×	+13.7×	Dec 31, 2003
2002	$23.69B	$100.00M	236.9×	—	Dec 31, 2002


Live Nation Entertainment (LYV)	423.6×
Omnicom Group (OMC)	244.9×
DoorDash (DASH)	70.7×
Roku (ROKU)	69.3×
TKO Group Holdings (TKO)	68.9×
Electronic Arts (EA)	57.5×
Telephone and Data Systems (TDS)	36.5×
Reddit (RDDT)	36.4×
Pinterest (PINS)	34.9×
Nebius Group (NBIS)	32.0×
Spotify (SPOT)	31.5×
Netflix (NFLX)	30.4×
Trade Desk (TTD)	24.9×
T-Mobile US (TMUS)	21.9×
Meta (META)	20.5×
Walt Disney (DIS)	14.5×
Fox (FOXA)	14.5×
News (NWSA)	13.1×
Verizon (VZ)	12.2×
Match Group (MTCH)	11.2×
John Wiley & Sons (WLY)	10.6×
AT&T (T)	9.5×
Comcast (CMCSA)	5.5×
Charter Communications (CHTR)	5.5×

P/E Ratio for Alphabet (GOOGL)

P/E Ratio daily chart for Alphabet (GOOGL)

Historical P/E Ratio for Alphabet (GOOGL) from 2002 to 2025

About P/E Ratio at Alphabet (GOOGL)

Alphabet P/E Ratio by Year

Alphabet P/E Ratio 2025: 28.6×

Alphabet P/E Ratio 2024: 23.1×

Alphabet P/E Ratio 2023: 23.6×

Alphabet P/E Ratio 2022: 19.0×

Alphabet P/E Ratio 2021: 25.2×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Alphabet (GOOGL) Key Financials

P/E Ratio daily chart for Alphabet (GOOGL)

Historical P/E Ratio for Alphabet (GOOGL) from 2002 to 2025

About P/E Ratio at Alphabet (GOOGL)

Alphabet P/E Ratio by Year

Alphabet P/E Ratio 2025: 28.6×

Alphabet P/E Ratio 2024: 23.1×

Alphabet P/E Ratio 2023: 23.6×

Alphabet P/E Ratio 2022: 19.0×

Alphabet P/E Ratio 2021: 25.2×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Alphabet's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Alphabet?

+Is Alphabet's P/E ratio high or low?

+What is Alphabet's historical P/E ratio range?

+What was Alphabet's P/E ratio in 2025?

+Why does Alphabet's P/E ratio change over time?

Alphabet (GOOGL) Key Financials