Alphabet Price Earnings To Growth Ratio from 2010 to 2024

GOOGL Stock  USD 195.60  0.51  0.26%   
Alphabet Price Earnings To Growth Ratio yearly trend continues to be quite stable with very little volatility. The value of Price Earnings To Growth Ratio is projected to decrease to 0.66. From the period between 2010 and 2024, Alphabet, Price Earnings To Growth Ratio regression line of its data series had sample variance of  2.24 and sample variance of  2.24. View All Fundamentals
 
Price Earnings To Growth Ratio  
First Reported
2010-12-31
Previous Quarter
0.87789869
Current Value
0.66
Quarterly Volatility
1.49551481
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alphabet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alphabet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.5 B, Interest Expense of 323.4 M or Selling General Administrative of 17.2 B, as well as many indicators such as Price To Sales Ratio of 5.45, Dividend Yield of 0.0 or PTB Ratio of 5.91. Alphabet financial statements analysis is a perfect complement when working with Alphabet Valuation or Volatility modules.
  
Check out the analysis of Alphabet Correlation against competitors.

Latest Alphabet's Price Earnings To Growth Ratio Growth Pattern

Below is the plot of the Price Earnings To Growth Ratio of Alphabet Inc Class A over the last few years. It is Alphabet's Price Earnings To Growth Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alphabet's overall financial position and show how it may be relating to other accounts over time.
Price Earnings To Growth Ratio10 Years Trend
Pretty Stable
   Price Earnings To Growth Ratio   
       Timeline  

Alphabet Price Earnings To Growth Ratio Regression Statistics

Arithmetic Mean1.02
Coefficient Of Variation146.18
Mean Deviation1.18
Median1.25
Standard Deviation1.50
Sample Variance2.24
Range5.48
R-Value(0.24)
Mean Square Error2.27
R-Squared0.06
Significance0.39
Slope(0.08)
Total Sum of Squares31.31

Alphabet Price Earnings To Growth Ratio History

2024 0.66
2023 0.88
2022 -0.99
2021 0.28
2020 1.53
2019 2.21
2018 0.17

About Alphabet Financial Statements

Alphabet investors utilize fundamental indicators, such as Price Earnings To Growth Ratio, to predict how Alphabet Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Price Earnings To Growth Ratio 0.88  0.66 

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When determining whether Alphabet Class A is a strong investment it is important to analyze Alphabet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alphabet's future performance. For an informed investment choice regarding Alphabet Stock, refer to the following important reports:
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alphabet. If investors know Alphabet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alphabet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.366
Dividend Share
0.4
Earnings Share
7.53
Revenue Per Share
27.443
Quarterly Revenue Growth
0.151
The market value of Alphabet Class A is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alphabet's market value can be influenced by many factors that don't directly affect Alphabet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.