![]() Google’s Price-to-Earnings ratio of 21.9 is reasonable compared to the inflated ratios of near 30 it saw in 20. In response to rising rates, Google announced laying off 12,000 workers in 2023, which is the most of any tech company so far. And Google stock is still down, priced 33% lower than its previous all-time-high price in February of 2022. Google stock prices dropped significantly, dropping 40% between January and December of 2022. Google is the search engine king, garnering over 90% of the worldwide market share for search queries. Google is one of the only trillion-dollar companies in the world, and is the fourth most valuable company in the world by market cap. Microsoft offers a wide range of products, including personal and business software, as well as computers, tablets, and the Xbox gaming system. Microsoft is the second most valuable company in the world, with a $2 trillion market cap and $200 billion in revenue per year. Stock Price Drop (from all-time-high): 21%.Price-to-Earning Ratio (P/E Ratio): 30.2.Take Our Poll: Are You Concerned About the Safety of Your Money in Your Bank Accounts? Microsoft (MSFT) And with a large cash reserve and an innovative product team, they seem poised to continue growth for years to come. Overall, Apple continues to be the model tech company for investors, showing stability in the face of economic turmoil. And while this is still historically high for the tech sector, it means Apple is more fairly valued than some other tech companies. But it has recovered a bit in 2023, and is only down about 14% from the previous all-time-high stock price in January of 2022.Īpple is one of the only tech companies to avoid mass layoffs, and has implemented several cost-cutting measures to keep it that way.Īpple’s Price-to-Earnings ratio of 26.4 seems more in line with industry standards than some of its tech peers that saw very inflated valuations just a few years ago. ![]() ![]() In 2022, Apple stock prices dropped about 25%, as rising interest rates slowed growth, and investors rotated into more stable investments.
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