Apple Inc


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Apple Inc Price to Book Ratio (P/B) on April 17, 2024: 35.01

Apple Inc Price to Book Ratio (P/B) is 35.01 on April 17, 2024, a -16.72% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Apple Inc 52-week high Price to Book Ratio (P/B) is 51.31 on July 31, 2023, which is 46.57% above the current Price to Book Ratio (P/B).
  • Apple Inc 52-week low Price to Book Ratio (P/B) is 34.96 on April 10, 2024, which is -0.13% below the current Price to Book Ratio (P/B).
  • Apple Inc average Price to Book Ratio (P/B) for the last 52 weeks is 44.42.

Apple Inc

CEO Mr. Timothy D. Cook
IPO Date Dec. 12, 1980
Location United States
Headquarters One Apple Park Way, Cupertino, CA, United States, 95014
Employees 161,000
Sector Technology
Industry Consumer electronics

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. In addition, the company offers various services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.

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StockViz Staff

April 18, 2024

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