Subject: Re: 2024-Q2 Earnings
Valuation (TTM)
Revenue : $328B
EPS : $6.53 / share
Stock : $183

Your TTM EPS is consistently lower than mine, so I went back and checked the 10Q/Ks:

Period      Diluted EPS
Q2 2024          $1.89
Q1 2024          $1.89
Q4 2023          $1.64
Q3 2023          $1.55

TTM              $6.97

TTM P/E at Friday's closing price of $167: 23.96

Alphabet has no preferred shares outstanding, according to the Q2 balance sheet, and our revenue numbers match, so I'm not sure what might account for the difference. If I've got something wrong, please feel free to correct.

According to Ycharts, Alphabet’s TTM P/E range over the past five years has been 16.58-38.01, with an average of 26.67 and a median of 26.75, which would make today’s price a bit cheaper than usual over that period, which includes the pandemic-related boom of 2020-21 and bust of 2022.

https://ycharts.com/companies/...