Apple (AAPL) Forward PE Ratio (2024)

What is Apple Forward PE Ratio?

Apple's Forward PE Ratio for today is 26.04.

Apple's PE Ratio without NRI for today is 26.46.

Apple's PE Ratio for today is 26.46.

Apple Forward PE Ratio Historical Data

The historical data trend for Apple's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apple Forward PE Ratio Chart

Apple Annual Data
Trend2015-122016-122017-122018-122019-122020-122021-122022-122023-122024-04
Forward PE Ratio
10.56 12.90 14.90 11.96 21.88 33.44 31.65 21.28 29.15 25.32
Apple Quarterly Data
2015-122016-032016-062016-092016-122017-032017-062017-092017-122018-032018-062018-092018-122019-032019-062019-092019-122020-032020-062020-092020-122021-032021-062021-092021-122022-032022-062022-092022-122023-032023-062023-092023-122024-03
Forward PE Ratio10.56 10.31 10.42 12.66 12.90 16.13 13.95 14.25 14.90 14.97 14.43 16.69 11.96 16.58 15.97 16.89 21.88 19.16 23.58 29.15 33.44 28.33 25.00 26.39 31.65 29.24 22.32 21.83 21.28 27.86 29.41 25.77 29.15 26.32

Competitive Comparison of Apple's Forward PE Ratio

For the Consumer Electronics subindustry, Apple's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Apple's Forward PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Apple's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Apple's Forward PE Ratio falls into.


Apple Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Apple(NAS:AAPL) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Apple Forward PE Ratio Related Terms

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Apple (AAPL) Business Description

Industry

GURUFOCUS.COM »STOCK LIST »Technology » Hardware » Apple Inc (NAS:AAPL) » Definitions » Forward PE Ratio

Comparable Companies

SONO VZIO HEAR GPRO VOXX UEIC FEBO VUZI HLOC AXIL XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 XKRX:066570 XKRX:003550 SZSE:002241 SHSE:603296 BOM:540699 SZSE:300866

Traded in Other Exchanges

AAPL:Peru AAPL:Mexico AAPL:Italy APCd:UK 0R2V:UK APC8:Germany APC:Germany APC:Germany APC:Germany APC:Germany AAPL:Chile AAPL:Canada AAPL34:Brazil AAPL:Austria AAPL:Argentina

Address

One Apple Park Way, Cupertino, CA, USA, 95014

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Executives

Chris Kondoofficer: Principal Accounting Officer1 INFINITE LOOP, CUPERTINO CA 95014
Katherine L. Adamsofficer: SVP, General CounselAPPLE INC., 1 INFINITE LOOP, CUPERTINO CA 95014
Luca Maestriofficer: Senior Vice President, CFO1 INFINITE LOOP, CUPERTINO CA 95014
Jeffrey E Williamsofficer: COOONE INFINITE LOOP, CUPERTINO CA 95014
Deirdre O'brienofficer: Senior Vice PresidentONE APPLE PARK WAY, CUPERTINO CA 95014
Timothy D Cookdirector, officer: Chief Executive OfficerC/O APPLE INC, ONE INFINITE LOOP, CUPERTINO CA 95014
Arthur D LevinsondirectorC/O GENENTECH INC, 1 DNA WAY MS 49, SOUTH SAN FRANCISCO CA 94080-4990
Alex GorskydirectorJOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Monica C Lozanodirector
Angela J Ahrendtsofficer: Senior Vice President1 INFINITE LOOP, CUPERTINO CA 95014
Johny Sroujiofficer: Senior Vice President1 INFINITE LOOP, CUPERTINO CA 95014
Craig Federighiofficer: Senior Vice President807 11TH AVENUE, SUNNYVALE CA 94089
Daniel J. Riccioofficer: Senior Vice President1 INFINITE LOOP, CUPERTINO CA 95014
Philip W Schillerofficer: Senior Vice PresidentC/O APPLE INC, ONE INFINITE LOOP, CUPERTINO CA 95014
Susan WagnerdirectorC/O BLACKROCK, INC., 40 EAST 52ND STREET, NEW YORK NY 10022

Apple (AAPL) Headlines

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Apple (AAPL)  Forward PE Ratio (2024)
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