Apple Inc. (AAPL) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone accounts for the majority of the fir...
Apple Inc. (AAPL) currently trades at a P/E ratio of 38.88 (historical range: 20.65–43.25, median: 31.18), placing it at the 95th percentile — expensive relative to its history, P/S ratio of 10.74 (range: 5.15–10.74, 100th percentile — expensive relative to its history), EV/EBITDA of 32.51 (range: 17.90–33.35, 99th percentile).
Over the historical period (2021-09-13 to 2026-10-16), Apple Inc.'s P/E ratio has expanded by 25% over the observed period (from an average of 27.6 to 34.5).
Apple Inc. trades well above its own historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 38.88 | 31.18 | 95th | expensive relative to its history |
| P/S Ratio | 10.74 | 7.74 | 100th | expensive relative to its history |
| EV/EBITDA | 32.51 | 25.73 | 99th | expensive relative to its history |
| FCF Yield | 2.73% | 3.35% | 8th | expensive relative to its history |
Apple Inc. (AAPL) Valuation & P/E History
Apple Inc. (AAPL) is a US-listed stock operating in the Technology sector, specifically the Consumer Electronics industry currently trading at $342.72 with a market capitalization of $5.00 trillion. This page provides historical valuation analysis for AAPL based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 38.88 is above the historical median of 31.18, placing AAPL at the 95th percentile of its valuation range. The P/S ratio of 10.74 compares to a median of 7.74.
AAPL Valuation Metrics & Historical Range
The valuation table above shows Apple Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether AAPL is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests AAPL is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Apple Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is AAPL Overvalued or Undervalued?
Apple Inc. trades well above its own historical valuation range across most metrics. The overall valuation percentile of 98 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive AAPL is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full AAPL analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.AAPL trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.