AAPL Apple PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: AAPL
- PE Ratio
As at Jun 4, 2025, the AAPL stock has a PE ratio of 31.49. This is based on the current EPS of $6.44 and the stock price of $202.82 per share. A decrease of 12% has been seen in the P/E ratio compared to the average of 35.9 of the last 4 quarters.
AAPL PE ratio history
The mean historical PE ratio of Apple over the last ten years is 22.53. The current 31.49 PE ratio is 40% 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 |
|---|---|---|---|---|
| Mar 2025 | 33.84 | -16.32% | $217.9 | $6.44 |
| 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 |
AAPL Price vs fair value
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 peers MSFT and AMZN, AAPL's PE ratio stands lower, however it is higher than HPQ's. Apple's PE ratio is trading below the peer group average of 33.93.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 9.65 | $23.65B |
| AAPL Apple Inc | 31.49 | $3.03T |
| AMZN Amazon Com Inc | 33.05 | $2.2T |
| MSFT Microsoft Corp | 35.71 | $3.45T |
| NFLX Netflix Inc | 57.29 | $527.7B |
Frequently asked questions
What is Apple's PE ratio?
AAPL stock has a price to earnings ratio of 31.49 as of Jun 4, 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 29.8.
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 29.46.
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 40% 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 (Jun 4, 2025), Apple's stock price is $202.82. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $6.44. Therefore, Apple's P/E ratio for today is 31.49. PE RATIO(31.49) = STOCK PRICE($202.82) / TTM EPS($6.44)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.