Apple PE ratio, current and historical analysis (2024)

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Apple PE ratio, current and historical analysis? ›

AAPL PE ratio history

Apple has a current ratio of 0.95. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Apple has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

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.

S&P 500 PE Ratio was 28.593 as of 2024-09-13, according to GuruFocus. Historically, S&P 500 PE Ratio reached a record high of 131.391 and a record low of 5.31, the median value is 17.911. Typical value range is from 20.28 to 28.36. The Year-Over-Year growth is 17.18%.

What is Apple Forward PE Ratio? Apple's Forward PE Ratio for today is 29.77.

The mean historical PE ratio of Apple over the last ten years is 20.89. The current 32.9 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.

Looking back at the last 5 years, Apple's p/e ratio peaked in September 2020 at 33.9x. 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%).

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.

The stock's forward price-to-earnings (P/E) ratio climbed more than 35% during the year to 29. Investors were willing to pay a larger premium relative to short-term results. That indicates more optimism about Apple's prospects and higher investor risk tolerance overall.

With its 3-star rating, we believe Apple's stock is fairly valued compared with our long-term fair value estimate of $160 per share. Our valuation implies a fiscal 2024 adjusted price/earnings multiple of 25 times, a fiscal 2024 enterprise value/sales multiple of 7 times, and a fiscal 2024 free cash flow yield of 4%.

What is the S&P 500 current PE ratio? ›

S&P 500 P/E Ratio is at a current level of 27.45, up from 24.79 last quarter and up from 23.46 one year ago. This is a change of 10.76% from last quarter and 17.03% from one year ago.

If the share price falls much faster than earnings, the PE ratio becomes low. A high PE ratio means that a stock is expensive and its price may fall in the future. A low PE ratio means that a stock is cheap and its price may rise in the future. The PE ratio, therefore, is very useful in making investment decisions.

On one hand, its current ratio has dropped to less than 1 since March 2022, underlying its current asset is not adequate to cover up its current debt. On the other hand, its high profitability ratio shows Apple appears to be a fairly prosper firm and is nearly impossible to fall in the foreseeable future.

Apple has 12.36% upside potential, based on the analysts' average price target. Is AAPL a Buy, Sell or Hold? Apple has a consensus rating of Moderate Buy which is based on 23 buy ratings, 8 hold ratings and 1 sell ratings.

The Current Ratio as of September 2024 (TTM) for Apple Inc. (AAPL) is 0.95. According to Apple Inc.'s latest financial reports and current stock price. The company's current Current Ratio is 0.95.

A good current ratio is between 1.2 to 2, which means that the business has 2 times more current assets than liabilities to covers its debts. A current ratio below 1 means that the company doesn't have enough liquid assets to cover its short-term liabilities.

Current Ratio = Current Assets/Current Liabilities

The outcome indicates the number of times this company in question could pay off its immediate liabilities with its total current assets.

According to Apple's latest financial reports the company has a price-to-book ratio of 50.3. The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

AAPL price-to-sales ratio is 8.85. The company has an Enterprise Value to EBITDA ratio of 25.78. As of 2023 they employed 161.00 k people.