Apple Inc

NASDAQ AAPL

Data sourced from

and

Daily

Download Data

Apple Inc Price to Earnings Ratio (P/E) on May 17, 2024: 67.97

Apple Inc Price to Earnings Ratio (P/E) is 67.97 on May 17, 2024, a 133.30% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.

Apple Inc 52-week high Price to Earnings Ratio (P/E) is 67.97 on May 17, 2024, which is 0.00% below the current Price to Earnings Ratio (P/E).
Apple Inc 52-week low Price to Earnings Ratio (P/E) is 26.84 on October 26, 2023, which is -60.51% below the current Price to Earnings Ratio (P/E).
Apple Inc average Price to Earnings Ratio (P/E) for the last 52 weeks is 34.80.

NASDAQ: AAPL

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	150,000
Sector	Technology
Industry	Consumer electronics

Description

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.

Key trends