Alphabet Inc (GOOG) is slightly undervalued and Pinterest Inc (PINS) is overvalued.
Against our estimates of intrinsic value, GOOG trades at the wider discount: a margin of safety of +9%, against -123% for PINS.
Values as of the 22 Sept 2026 close.
A 10.6x revenue multiple, adjusted for growth and margin, values the shares at $381.63; the price of $347.41 is 9% below that value.
Leak Score 58/100 on 10 of 12 signals
Discounting its cash flows at 9.1% (average of 3 methods) values the shares at $8.23; the price of $18.39 is 123% above that value, and 77% of that value comes from beyond year five.
Leak Score 27/100 on 3 of 12 signals
| Metric | GOOG | PINS |
|---|---|---|
| Verdict | Slightly undervalued | Overvalued |
| Price | $347.41 | $18.39 |
| Intrinsic value | $381.63 | $8.23 |
| Margin of safety | +9% | -123% |
| Leak Score | 58/100 (10/12) | 27/100 (3/12) |
| Market cap | $4.28T | $10.4B |
| Revenue growth, 5 years | 17.2% | 20.1% |
| Operating margin | 34.0% | 6.3% |
| Net margin | 54.7% | 5.5% |
| Return on equity | 48.7% | 6.5% |
| Debt to equity | 0.18 | 0.41 |
| P/E | 17.4x | 53.6x |
| Forward P/E | 23.0x | 7.7x |
| P/B | 6.8x | 3.6x |
| Dividend yield | 0.2% | — |