Your Qna     New Questions     About Qna
EQNA is a growing interactive people-knowledge network with more than 120,000 questions and 450,000 answers from over 55,000 members worldwide. With all friendly functions, EQNA will be a fun place to join, share and discover knowledge, an open net space allowing you to connect with other people having specialized knowledge or ones with same interests to yours. EQNA login features secured logins using Twitter and Facebook enable you to place questions without sharing your personal information to us. Lets get out and join our community today!
Ask a Question
Toots

Why does Google enjoy such a phenomenal share price

Bear with me. I am new to business and economics
MaggieD:

Google's current price is $377.41. If it were valued like its peers, it would be selling for around $500. (Using the Price/Earnings Ratio) It enjoys a phenomenal share price because the company has not seen fit to split shares. Why is anyone's guess. If they did a two-for-one split, for example, the stock price would be $188.70. If they did a five-for-one split, for example, the stock price would be $75.48. If they did that LAST one, their stock price would rise even further, since by lowering the share price more people would be interested. Right now, to buy 100 shares would cost $37,741. Five-to-one split cost for 100 would be $7,548.00 -- putting it in many more investor's budget range.

Actually, your question SHOULD be, "Why isn't Google's share price higher?"

Russ:

huh? Sorry, mags, but with a P/E Ratio of about 50, google is hardly a buy...a hold, yes.

MaggieD:

Sorry, Russ. Google has a P/E of 28.44. The industry average (for Internet Information Providers Group) is 29.3. http://moneycentral.msn.com/investor/research/wizards/srwtarget.asp?Sy​mbol=GOOG

Short, medium and long-term Indicators on Bar Chart indicate a Buy. MSN Scouttrader indicates Moderate Buy. Point & Figure Chart on StockCharts.com indicates a future price of $492. Investors Business Daily rates it the second finest company in its segment. Rated a solid A with an A+ in fundamentals (best in group).

Please check your facts.

Russ:

these numbers are highly fungible...and that PE is EBITA.

MaggieD:

Apples to apples. They're all EBITA. And they're all fungible. (Just ask Bank of America. Or better, FNMA!) Ha!! Had to look that up! ;-)

.......:

That is indeed, one of the great mysteries of life. Ask a stockbroker and you will get a different answer from each one. It's a hyperinflated stock that feeds off itself.

Pegalomania The Artsqueen:

Google is highly exploratory and on the cutting edge of technology. This is an exciting feature to an investor, anyone who does business on the web understands the value of Adwords & Adsense, both the brainchilds of Google. Go to Google, then click on the business solutions link that is underneath the title. We are all new, that is how we learn. Good for you!

Answer:
Text ColorBackground Color
BoldItalicUnderline
LeftCenterRightJustify
Ordered ListBulleted List
IndentOutdent
Horizontal Rule
SubscriptSuperscript
HyperlinkImage
Design ModeDesign
Html ModeHtml
 

Top Question And Answer

  • Can anyone come up with a website for "Lome Beauty International, Inc?" I google it but.............
  • Can you help to add "International Student Liaison Services - www.isls.ca" to Google site?
  • Guess who's 1st place in Google Search today?
  • Do you think the Google Phone will be a success? Free...hmmm
  • how i can earn money from msn like google adsense
  • How do google and the owners of websites make money ?
  • I need to find out the agency laws in the business environment of GOOGLE.
  • Do people actually get money by sueing MS, Google, Apple etc?
  • looking for cost of issuance information about google
  • Would you rather google it or get answer from real people? :)
  • How does one go about getting a designer job @ Google?
  • Looking for articles of Google radio; negative, postive or neutral
  • I want to buy a bag,what is the baghttp:www.goyardreplicasale.com/Grade-Quality-Goyard-Saigon-Tote-Bag-PM-8941-Black/196/index.html
  • How is it:www.topreplicagears.com
  • Www.mokahandbags .com
  • Facebook new account opening form
  • Hom bhr0165301533Www.facebook.new account
  • Hom bhr0165301533
  • Hom bhr0165301533Www.facebook.new account
  • Hom bhr0165301533
  • how do I get mms message fro. mmsweb.iwireless.com
  • Find out how many cars of my model are registered
  • What would happen if a letter opens in the mail
  • Facebook new account open
  • Facebook New Account Creation
  • Facebook new account creation
  • locating a business that closed