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shutosha
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2025-02-13 05:58:10

shutosha on Nostr: £GOOG PE Ratio data by YCharts. #Google is on sale ! ...

£GOOG PE Ratio data by YCharts. #Google is on sale !




If that sounds relatively cheap in today's market, that's because it is. The S&P 500 (^GSPC -0.27%) recently traded for 25.5 times trailing earnings and 22.3 times forward earnings. An even better comparison is the tech-heavy Nasdaq 100 index, which features a higher concentration of Alphabet's big tech peers. That index traded for 33.4 times trailing earnings and 27.2 times forward earnings.
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