Alphabet Inc P/E
What is the P/E of Alphabet Inc?
The P/E of Alphabet Inc is 21.50
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 Technology sector on NASDAQ compared to Alphabet Inc
What does Alphabet Inc do?
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries.
Companies with p/e similar to Alphabet Inc
- Manutan International SA has P/E of 21.47
- Benchmark Electronics has P/E of 21.47
- Newcrest Mining has P/E of 21.47
- Lincoln Pharmaceuticals has P/E of 21.48
- Pnm Resources has P/E of 21.48
- Value Line has P/E of 21.49
- Alphabet Inc has P/E of 21.50
- Columbia Sportswear Co has P/E of 21.53
- Aayush Food and Herbs has P/E of 21.53
- Straumann AG has P/E of 21.53
- Aussie Broadband has P/E of 21.55
- TFI International has P/E of 21.56
- China Resources Medical has P/E of 21.57