What is Apple's Price/Book Ratio?
- Apple's trailing twelve month (TTM) Price/Book ratio is 51.34.
- Apple's annual Price/Book ratio as of today is 61.37.
- Apple's quarterly Price/Book ratio is 57.74.
What is the Price/Book Ratio?
The Price/Book (P/B) ratio is a financial metric that compares a company's market value to its book value. It is calculated by dividing the company's stock price by its book value per share. A lower P/B ratio may indicate that the stock is undervalued.
How is the Price/Book Ratio Calculated?
P/B Ratio = (Market Price per Share) / (Book Value per Share)
Related Metrics
Other important metrics to assess Apple's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: 37.29
- Quarterly: 26.53
- TTM: 35.65
- P/S Ratio (Price to Sales Ratio) - compares the company's stock price to its revenues:
- Annual: 8.94
- Quarterly: 31.01
- TTM: 8.63
- P/C Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: 29.56
- Quarterly: 128.77
- TTM: 31.65
- PEG Ratio (Price/Earnings to Growth Ratio) - measures the ratio of the P/E ratio to the company's expected earnings growth rate:
- Annual: -45.94
- Quarterly: 0.18
- TTM: 9.87
These metrics provide insights into Apple's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Price/Book Ratio
61.37
Quarterly Price/Book Ratio
57.74
TTM Price/Book Ratio
51.34
Apple Historical Price/Book Ratio
Historical P/E Ratio
Historical P/S Ratio
Historical P/C Ratio
Historical PEG Ratio
Apple Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
Year | Price/Book Ratio | P/E Ratio | P/S Ratio | P/C Ratio | PEG Ratio |
---|---|---|---|---|---|
2024 | 61.37 | 37.29 | 8.94 | 29.56 | -45.94 |
2023 | 43.37 | 27.79 | 7.03 | 24.38 | 170.91 |
2022 | 48.14 | 24.44 | 6.19 | 19.97 | 2.89 |
2021 | 38.89 | 25.92 | 6.71 | 23.59 | 0.36 |
2020 | 29.82 | 33.94 | 7.10 | 24.15 | 3.17 |
2019 | 11.17 | 18.29 | 3.88 | 14.56 | -54.87 |
2018 | 10.44 | 18.79 | 4.21 | 14.45 | 0.64 |
2017 | 6.00 | 16.63 | 3.51 | 12.52 | 1.51 |
2016 | 4.81 | 13.50 | 2.86 | 9.31 | -1.36 |
2015 | 5.53 | 12.36 | 2.82 | 8.12 | 0.29 |
Related Metrics
Explore detailed financial metrics and analysis for AAPL.