Google PE Ratio History: Unveiling Alphabet's Diversified Future
Understanding Alphabet's Complex Valuation Alphabet Inc., Google's parent company, is more than just a search engine; it's a diversified tech conglomerate spanning advertising, cloud computing (Google Cloud), autonomous vehicles (Waymo), life sciences (Verily), and more. This diversification complicates the straightforward interpretation of its Price-to-Earnings (PE) ratio, a key metric used to assess a company's valuation. While a cursory glance might show a PE ratio around 22, a deeper understanding requires considering the diverse performance and prospects of each business unit....