Alphabet Inc Forward P/E
What is the Forward P/E of Alphabet Inc?
The Forward P/E of Alphabet Inc is 27.68
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward 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 forward p/e similar to Alphabet Inc
- Waterloo Brewing has Forward P/E of 27.62
- Ideagen Plc has Forward P/E of 27.62
- Ergomed Plc has Forward P/E of 27.62
- HeiQ Plc has Forward P/E of 27.62
- Equifax has Forward P/E of 27.64
- Zhongyu Gas has Forward P/E of 27.67
- Alphabet Inc has Forward P/E of 27.68
- Visa Inc has Forward P/E of 27.74
- Tactile Systems Technology Inc has Forward P/E of 27.76
- Smartbroker Hldg Inh O.N has Forward P/E of 27.78
- Li Ning has Forward P/E of 27.78
- Rémy Cointreau SA has Forward P/E of 27.78
- Quaker Houghton has Forward P/E of 27.80