AAPL Apple PE ratio, current and historical analysis
As at Feb 21, 2025, the AAPL stock has a PE ratio of 38.85. This is based on the current EPS of $6.32 and the stock price of $245.55 per share. An increase of 14% has been seen in the P/E ratio compared to the average of 34.1 of the last 4 quarters.
AAPL PE ratio history
The mean historical PE ratio of Apple over the last ten years is 22.06. The current 38.85 PE ratio is 76% above the historical average. Over the past ten years, AAPL's PE ratio was at its highest in the Dec 2024 quarter at 40.44, with a price of $255.59 and an EPS of $6.32. The Jun 2016 quarter recorded the bottom point at 10.81, with a price of $23.35 and an EPS of $2.16.
Apple PE ratio by year
Maximum annual increase: 85.36% in 2020
Maximum annual decrease: -23.92% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 37.28 | 34.15% | $227.79 | $6.11 |
| 2023 | 27.79 | 13.61% | $171.21 | $6.16 |
| 2022 | 24.46 | -5.6% | $150.43 | $6.15 |
| 2021 | 25.91 | -23.61% | $146.92 | $5.67 |
| 2020 | 33.92 | 85.36% | $112.28 | $3.31 |
| 2019 | 18.3 | -2.71% | $54.71 | $2.99 |
| 2018 | 18.81 | 13.25% | $56.44 | $3 |
| 2017 | 16.61 | 23.22% | $38.53 | $2.32 |
| 2016 | 13.48 | 9.06% | $28.18 | $2.09 |
| 2015 | 12.36 | -20.51% | $28.68 | $2.32 |
| 2014 | 15.55 | 28.94% | $25.19 | $1.62 |
| 2013 | 12.06 | -19.01% | $17.24 | $1.43 |
| 2012 | 14.89 | 3.12% | $23.83 | $1.6 |
| 2011 | 14.44 | -23.92% | $14.44 | $1 |
| 2010 | 18.98 | -3.85% | $10.44 | $0.55 |
Apple PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 40.44 | 8.48% | $255.59 | $6.32 |
| Sep 2024 | 37.28 | 16.65% | $227.79 | $6.11 |
| Jun 2024 | 31.96 | 20.42% | $210.62 | $6.59 |
| Mar 2024 | 26.54 | -10.94% | $171.48 | $6.46 |
| Dec 2023 | 29.8 | 7.23% | $192.53 | $6.46 |
| Sep 2023 | 27.79 | -14.33% | $171.21 | $6.16 |
| Jul 2023 | 32.44 | 16.27% | $193.97 | $5.98 |
| Apr 2023 | 27.9 | 27.11% | $164.9 | $5.91 |
| Dec 2022 | 21.95 | -10.26% | $129.93 | $5.92 |
| Sep 2022 | 24.46 | 5.34% | $150.43 | $6.15 |
| Jun 2022 | 23.22 | -17.48% | $141.66 | $6.1 |
| Mar 2022 | 28.14 | -2.93% | $174.72 | $6.21 |
| Dec 2021 | 28.99 | 11.89% | $176.28 | $6.08 |
| Sep 2021 | 25.91 | 0.62% | $146.92 | $5.67 |
| Jun 2021 | 25.75 | -4.2% | $133.11 | $5.17 |
AAPL average PE ratio chart
The current PE ratio of AAPL is greater than its 3, 5 and 10-year historical averages.
AAPL PE vs peers
Compared to its peer NFLX, AAPL's PE ratio stands lower, however it is higher than MSFT's and AMZN's. Apple's PE ratio is trading above the peer group average of 33.18.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 12.24 | $32.48B |
| MSFT Microsoft Corp | 32.74 | $3.03T |
| AMZN Amazon Com Inc | 38.27 | $2.3T |
| AAPL Apple Inc | 38.85 | $3.69T |
| NFLX Netflix Inc | 49.46 | $429.1B |
Frequently asked questions
What is Apple's PE ratio?
AAPL stock has a price to earnings ratio of 38.85 as of Feb 21, 2025.
What is the 3-year average PE ratio for Apple (AAPL)?
Over the last 3 years, the average price to earnings ratio for AAPL stock is 29.33.
What is the 5-year average PE ratio for Apple (AAPL)?
Over the last 5 years, the average price to earnings ratio for AAPL stock is 28.73.
What is the highest PE ratio for AAPL?
In the last ten years, the Dec 2024 quarter recorded the highest quarterly PE ratio at 40.44.
How does the current PE ratio for AAPL compare to its historical average?
AAPL's current price to earnings ratio is 76% above its 10-year historical average.
How is AAPL's PE ratio calculated (Apple PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Feb 21, 2025), Apple's stock price is $245.55. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $6.32. Therefore, Apple's P/E ratio for today is 38.85. PE RATIO(38.85) = STOCK PRICE($245.55) / TTM EPS($6.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.