AAPL
Apple
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: AAPL
- PE Ratio
As at Jun 5, 2026, the AAPL stock has a PE ratio of 37.07. This is based on the current EPS of $8.29 and the stock price of $307.34 per share. An increase of 15% has been seen in the P/E ratio compared to the average of 32.3 of the last 4 quarters.
AAPL PE ratio history
The mean historical PE ratio of Apple over the last ten years is 24.51. The current 37.07 PE ratio is 51% 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 10.86, with a price of $23.35 and an EPS of $2.15.
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 |
|---|---|---|---|---|
| 2025 | 34.11 | -8.5% | $255.46 | $7.49 |
| 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 | -19.49% | $17.24 | $1.43 |
| 2012 | 14.98 | 3.74% | $23.83 | $1.59 |
| 2011 | 14.44 | -23.92% | $14.44 | $1 |
Apple PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 30.01 | -13.06% | $248.8 | $8.29 |
| Dec 2025 | 34.52 | 1.2% | $273.4 | $7.92 |
| Sep 2025 | 34.11 | 12.13% | $255.46 | $7.49 |
| Jun 2025 | 30.42 | -10.11% | $201.08 | $6.61 |
| 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 |
AAPL Price vs fair value
AAPL average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of AAPL is greater than its 3, 5 and 10-year historical averages.
PE comparison
Apple's P/E of 37.07 is above the Technology sector and its peers average. But compared to its Technology sector average of 35.38, Apple's P/E is only 4.8% higher.
AAPL PE vs peers
Compared to its peer stocks MSFT and AMZN, AAPL's PE ratio stands higher. Apple's PE ratio is trading above the peer group average of 22.29.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 9.37 | $23.39B |
| MSFT Microsoft Corp | 24.71 | $3.1T |
| NFLX Netflix Inc | 26.09 | $346.21B |
| AMZN Amazon Com Inc | 28.98 | $2.65T |
| AAPL Apple Inc | 37.07 | $4.51T |
Frequently asked questions
What is Apple's PE ratio?
AAPL stock has a price to earnings ratio of 37.07 as of Jun 5, 2026.
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 32.43.
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 29.77.
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 51% 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 5, 2026), Apple's stock price is $307.34. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $8.29. Therefore, Apple's P/E ratio for today is 37.07. PE RATIO(37.07) = STOCK PRICE($307.34) / TTM EPS($8.29)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.