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Compare the price earnings to growth (PEG) ratios of Alphabet Inc. (Google) and Facebook, Inc. for the fiscal year 2023: Company Alphabet Inc. (Google) Facebook,
Compare the price earnings to growth (PEG) ratios of Alphabet Inc. (Google) and Facebook, Inc. for the fiscal year 2023:
Company | Alphabet Inc. (Google) | Facebook, Inc. |
Price-to-Earnings (P/E) Ratio | 25 | 30 |
Earnings Growth Rate | 15% | 20% |
PEG Ratio |
Question:
Calculate the price earnings to growth (PEG) ratio for both Alphabet Inc. (Google) and Facebook, Inc. Which company has a lower PEG ratio?
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