- Stocks
- Technology
- NASDAQ: AAPL
- PE Ratio
As at Sep 13, 2024, the AAPL stock has a PE ratio of 33.76. This is based on the current EPS of $6.59 and the stock price of $222.5 per share. An increase of 16% has been seen in the P/E ratio compared to the average of 29.0 of the last 4 quarters.
AAPL PE ratio history
How has AAPL's PE ratio performed in the past
The mean historical PE ratio of Apple over the last ten years is 20.89. The current 33.76 PE ratio is 62% above the historical average. Over the past ten years, AAPL's PE ratio was at its highest in the Dec 2020 quarter at 35.29, with a price of $131.97 and an EPS of $3.74. The Jun 2016 quarter recorded the bottom point at 10.81, with a price of $23.35 and an EPS of $2.16.
Average
20.89
Median
18.56
Maximum
35.29
Apple PE ratio by year
Maximum annual increase: 85.36% in 2020
Maximum annual decrease: -23.61% in 2021
Year | PE ratio | Change |
---|---|---|
2023 | 27.79 | 13.61% |
2022 | 24.46 | -5.6% |
2021 | 25.91 | -23.61% |
2020 | 33.92 | 85.36% |
2019 | 18.3 | -2.71% |
2018 | 18.81 | 13.25% |
2017 | 16.61 | 23.22% |
2016 | 13.48 | 9.06% |
2015 | 12.36 | -20.51% |
2014 | 15.55 | 28.94% |
AAPL average PE ratio chart
What is the average PE ratio of AAPL for the past years
The current PE ratio of AAPL is greater than its 3, 5 and 10-year historical averages.
3-year avg
27.43
5-year avg
26.9
10-year avg
20.89
15-year avg
18.9
AAPL PE vs peers
What is AAPL's PE ratio compared to its peers
Compared to its peers MSFT and AMZN, AAPL's PE ratio stands lower, however it is higher than HPQ's. Apple's current PE ratio of 33.76 is comparable to the average of its peer group, which is 33.54.
Stock name | PE ratio | Market cap |
---|---|---|
HPQ Hp Inc | 11.57 | $32.11B |
AAPL Apple Inc | 33.76 | $3.38T |
MSFT Microsoft Corp | 36.31 | $3.2T |
NFLX Netflix Inc | 42.61 | $299.15B |
AMZN Amazon Com Inc | 43.67 | $1.96T |
Frequently asked questions
What is Apple's PE ratio?
AAPL stock has a price to earnings ratio of 33.76 as of Sep 13, 2024.
What is the 3-year average PE ratio for Apple (AAPL)?
Over the last 3 years, the average price to earnings ratio for AAPL stock is 27.43.
What is the 5-year average PE ratio for Apple (AAPL)?
Over the last 5 years, the average price to earnings ratio for AAPL stock is 26.9.
What is the highest PE ratio for AAPL?
In the last ten years, the Dec 2020 quarter recorded the highest quarterly PE ratio at 35.29.
How does the current PE ratio for AAPL compare to its historical average?
AAPL's current price to earnings ratio is 62% above its 10-year historical average.
How is AAPL's PE ratio calculated (Apple PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Sep 13, 2024), Apple's stock price is $222.5. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $6.59. Therefore, Apple's P/E ratio for today is 33.76. PE RATIO(33.76) = STOCK PRICE($222.5) / TTM EPS($6.59)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.
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