Market Flavor Blog: Google's stabalizing PE ratio


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Google's stabalizing PE ratio Google has finally reached a stable P/E (price to earnings ratio)! We have written about Google’s declining P/E and how we expected it to stabilize soon. The P/E has stabilized and is even slightly increasing. This should mean strong price appreciation for Google's stock. Google's earnings are expected to keep growing at over 20% through the rest of the year. With a stable P/E this means Google’s stock price should grow by at least 20%. Below is a 1 year chart that shows the declining P/E and how it has recently stabilized. Tags: GOOG Stock Google Stock Stock Picks Posted on June 26, 2007 7:33 AM \| Digg \| del.icio.us Comments (1) Anonymous: Google's stock price was just incredible overpriced after the IPO and now it's finally come back down to earth. I would expect to see a P/E above 50 anytime soon. Posted by Anonymous \| August 15, 2007 9:38 AM Post a comment (If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.) Name: Email Address: URL: Remember personal info? Post Your Comments:		Stock Market Predictions Subscribe to This Blog Subscribe in a reader Enter your email address: Delivered by FeedBurner Recent Posts Stock Prediction for July 6th Stock Prediction for July 2nd. Stock Prediction for July 1st Stock Prediction for June 30th Stock Prediction for June 29th Stock Prediction for June 26th Stock Prediction for June 25th Stock Prediction for June 24th Stock Prediction for June 23rd Results While I Was Gone