Apple (AAPL) - P/B ratio (2024)

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Apple (AAPL) - P/B ratio (2024)

FAQs

What is a good P E ratio for Apple? ›

The mean historical PE ratio of Apple over the last ten years is 20.46. The current 32.12 PE ratio is 57% 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.

What is the P BV ratio of Apple? ›

Apple (AAPL) PB Ratio : 43.93 (As of Jun. 16, 2024)

What is a good P to B ratio? ›

Conventionally, a PB ratio of below 1.0, is considered indicative of an undervalued stock. Some value investors and financial analysts also consider any value under 3.0 as a good PB ratio.

Does Apple have a good current ratio? ›

Apple has a current ratio of 1.04. It generally indicates good short-term financial strength. During the past 13 years, Apple's highest Current Ratio was 1.60. The lowest was 0.86.

What PE ratio is a good buy? ›

Typically, the average P/E ratio is around 20 to 25. Anything below that would be considered a good price-to-earnings ratio, whereas anything above that would be a worse P/E ratio. But it doesn't stop there, as different industries can have different average P/E ratios.

What is the PE ratio of Apple in 2024? ›

P/E ratio as of June 2024 (TTM): 32.7

According to Apple's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.6842. At the end of 2022 the company had a P/E ratio of 21.9.

Why does Apple have a high P E ratio? ›

In order to justify its P/E ratio, Apple would need to produce impressive growth in excess of the market. Retrospectively, the last year delivered a decent 9.0% gain to the company's bottom line. Pleasingly, EPS has also lifted 76% in aggregate from three years ago, partly thanks to the last 12 months of growth.

Who owns most of Apple stock? ›

Institutional investors account for roughly 60% of Apple's total outstanding stock. Insider investors, including Chair of the Board Art Levinson and CEO Tim Cook, control less than 1% of the company. Three of Apple's biggest shareholders are Vanguard, Blackrock, and Berkshire Hathaway.

What is the P E ratio of Apple in the last 5 years? ›

Apple's p/e ratio hit its 5-year low in September 2019 of 18.2x. Apple's p/e ratio decreased in 2019 (18.2x, -6.5%), 2021 (26.9x, -20.5%), and 2022 (22.3x, -17.3%) and increased in 2020 (33.9x, +86.5%) and 2023 (28.2x, +26.7%).

How much should be the PB ratio to buy a stock? ›

Typically, value investors consider a Profit-to-book value ratio below 1 to be an indicator of an Undervalued Stock. However, a P/B ratio of 3 is widely regarded as a standard for undervalued stocks.

Is a low P/B ratio good? ›

A P/B ratio of one means that the stock price is trading in line with the book value of the company. Lower P/B ratios can indicate that a stock is undervalued, while higher values may indicate that the stock is overvalued or trading at a premium.

What is a safe PE ratio? ›

To give you some sense of what the average for the market is, though, many value investors would refer to 20 to 25 as the average P/E ratio range. And again, like golf, the lower the P/E ratio a company has, the better an investment the metric is saying it is.

Why is Apple's debt ratio so high? ›

Apple has a strong current ratio, which evaluates its current assets in relation to its current liabilities, of 1.07. Apple's debt-to-equity ratio has been increasing over the past five years as it takes on more debt to finance share buybacks, increase dividends, and grow.

What is Apple's quick ratio? ›

Apple has a quick ratio of 0.99. It indicates that the company cannot currently fully pay back its current liabilities. During the past 13 years, Apple's highest Quick Ratio was 1.56. The lowest was 0.82.

What is the highest PE ratio of Apple? ›

Min: 9.47 Med: 18.11 Max: 40.36

During the past 13 years, the highest PE Ratio (TTM) of Apple was 40.36.

What is Apple market PE ratio? ›

Key Takeaways. The price-to-earnings (P/E) ratio is the proportion of a company's share price to its earnings per share. A high P/E ratio could mean that a company's stock is overvalued or that investors expect high growth rates.

Why does Apple have a high P/E ratio? ›

In order to justify its P/E ratio, Apple would need to produce impressive growth in excess of the market. Retrospectively, the last year delivered a decent 9.0% gain to the company's bottom line. Pleasingly, EPS has also lifted 76% in aggregate from three years ago, partly thanks to the last 12 months of growth.

What is Tesla's PE ratio? ›

As of today (2024-05-24), Tesla's share price is $173.74. Tesla's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $3.92. Therefore, Tesla's PE Ratio (TTM) for today is 44.32.

What is the PE ratio of Coca Cola? ›

P/E ratio as of June 2024 (TTM): 25.0

According to Coca-Cola's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.9719. At the end of 2022 the company had a P/E ratio of 28.9.

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