Alphabet Inc. (GOOG) P/E Ratio History
Historical price-to-earnings valuation from 2004 to 2026
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GOOG Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Alphabet Inc. (GOOG) trades at a price-to-earnings ratio of 35.6x, with a stock price of $384.31 and trailing twelve-month earnings per share of $13.09.
The current P/E is 52% above its 5-year average of 23.4x. Over the past five years, GOOG's P/E has ranged from a low of 17.4x to a high of 29.0x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Technology sector median P/E of 26.7x, GOOG trades at a 33% premium to its sector peers. The sector includes 358 companies with P/E ratios ranging from 0.0x to 197.6x.
The PEG ratio of 1.19 (P/E divided by 34% EPS growth) suggests a fair valuation relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, GOOG commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our GOOG DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
GOOG P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $1.5T | 25.8 | 1.40 | -2% | |
| $3.1T | 30.2 | 1.60 | +16% | |
| $2.9T | 38.1 | 1.36 | +30%Best | |
| $4.2T | 38.1 | 2.13 | +23% | |
| $44B | 13.1Lowest | 0.22Best | +20% | |
| $15B | 36.5 | - | -77% | |
| $12B | 27.0 | 2.05 | +17% | |
| $2B | 39.8 | - | -19% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
GOOG Historical P/E Data (2004–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $286.90 | $13.11 | 21.9x | -31% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $313.80 | $10.81 | 29.0x | -8% |
| FY2025 Q3 | $243.55 | $10.14 | 24.0x | -24% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $177.39 | $9.39 | 18.9x | -40% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $156.23 | $8.97 | 17.4x | -45% |
| FY2024 Q4 | $190.44 | $8.05 | 23.7x | -25% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $167.19 | $7.54 | 22.2x | -30% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $183.42 | $6.97 | 26.3x | -17% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $152.26 | $6.52 | 23.4x | -26% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $140.93 | $5.80 | 24.3x | -23% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $131.85 | $5.21 | 25.3x | -20% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $120.97 | $4.72 | 25.6x | -19% |
Average P/E for displayed period: 31.6x
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Start ComparisonGOOG — Frequently Asked Questions
Quick answers to the most common questions about buying GOOG stock.
Is GOOG stock overvalued or undervalued?
GOOG trades at 35.6x P/E, above its 5-year average of 23.4x. The 100th percentile ranking indicates a premium to historical valuation.
How does GOOG's valuation compare to peers?
Alphabet Inc. P/E of 35.6x compares to sector median of 26.7x. The premium reflects expected growth above peers.
What is GOOG's PEG ratio?
GOOG PEG ratio is 1.19. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 2004-2026.