Apple PE Ratio Today
The Apple P/E ratio is 27.01. The formula is the market value per share divided by the earnings per share. The PE ratio forms a vital part of any discounted cash flow analysis to find the present value of a company’s future expected earnings and returns. A high PE ratio generally indicates that investors expect higher earnings growth in the future and are willing to pay more for each dollar of earnings today.
|Apple Lowest PE||11.69|
|Apple Highest PE||41.80|
|Apple Average PE||22.77|
Is Apple P/E Ratio Good For Buy?
According to the Simply Wall St, the technology sector has a PE ratio of 25.5x which is quite good when looking at it historically. More specifically, the Apple’s current PE ratio is slightly higher but still, it’s a good PE for such blue chip company when compared with other companies/sectors.
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