Is goog overvalued or undervalued right now?

**Alphabet (GOOG) appears to be currently valued at a premium compared to its intrinsic value and some of its peers**, though it trades at a discount to its own historical valuation metrics. Here's a detailed analysis:

1. **Intrinsic Value vs. Market Price**: According to the analysis in source 6, Alphabet's intrinsic value is significantly lower than its current market price. The intrinsic value of GOOGL stock is estimated to be $124.3434 USD, which is 27% less than its price of $170.4492 USD. This suggests that the stock may be overvalued at the current market price.

|Ticker|Name|RSI|MACD|KDJ|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|GOOG.O|Alphabet C|77.8209||105.0125|20240626|GOOG|185|
|GOOG.O|Alphabet C||1.1773||20240627|GOOG|185|

|Ticker|Name|5-Day Moving Average|20-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|GOOG.O|Alphabet C|183.8240|178.4935|180.7170|20240627|GOOG|185|

2. **Valuation Metrics**:
- The Price-to-Earnings (P/E) ratio is 27.8, which is relatively high, indicating that the stock may be overvalued compared to companies with similar earnings.
- The Price-to-Sales (P/S) ratio is 7.11, and the Price-to-Book (P/B) ratio is 7.89, both of which are above the median for the tech sector, suggesting a premium valuation.
- Technical indicators such as the Moving Average Convergence Divergence (MACD) is positive at 1.18, and the Relative Strength Index (RSI) is at 77.82, both of which can indicate an overbought condition and potentially suggest a valuation premium.
3. **Performance and Analyst Opinions**:
- Despite underperforming its peers in the Magnificent Seven group, Alphabet has a better valuation than most tech companies, with a P/E ratio of 24.5, which is considered reasonable.
- Morningstar rates Alphabet's stock as fairly valued compared to its long-term fair value estimate of $179, which is below the current market price.
4. **Financial Health and Growth Prospects**:
- Alphabet has shown strong revenue growth and increased Return on Equity (ROE) and Return on Invested Capital (ROIC), which are positive signs for its financial health and potential for future growth.
- The company's commitment to investing in AI and its integration efforts to drive efficiencies further support its long-term growth prospects.

In conclusion, while Alphabet has strong fundamentals and growth potential, its current valuation appears to be at a premium compared to its intrinsic value and the valuation metrics suggest it may be overvalued. However, the company's financial health and growth prospects could support a premium valuation in the long term. Investors should consider their investment horizon and the potential for Alphabet to deliver on its growth plans when making investment decisions.