Skip to content

Apple

NASDAQ: AAPL · USD

Apple (AAPL) valuation and fair value

Cash flow scenarios and historical market multiples, using sourced financial data.

Fair Value

Valuation scenarios using the same sourced data as the charts.

Completed close used
$341.07
25/09/2026
Published base scenario
$120.87
Value per share
Difference from price
-64.6%
Estimated value / price − 1

0%, 5% and 10% growth are scenario assumptions, not forecasts. Cash flows are after interest: net debt is not deducted a second time.

Financial basis ending 27/06/2026 · Per share in USD · SBC deducted from FCF

Published scenarios
Scenario5-year growthCost of equityTerminal growthValue per share
Conservative0%12%2%$78.50
Base5%10%2%$120.87
Optimistic10%9%2%$170.42

Explore assumptions

These controls stay on this page and do not change the published valuation.

Your scenario: $120.87 · Terminal value share 69.9%

Method and assumptions

Illustrative fixed growth scenarios, not analyst forecasts. Equity cash flows are after interest: discount uses a cost-of-equity assumption, without a second net-debt adjustment. Diluted shares and prices share the split-adjusted basis. SBC deduction is an explicit economic-cost scenario.

0%, 5% and 10% growth are scenario assumptions, not forecasts. Cash flows are after interest: net debt is not deducted a second time.

Sources and methodology

Current publication · Updated 18/10/2026 · Version 4

Publication history

Publication history
VersionUpdatedValue per share
418/10/2026$120.87
318/10/2026$120.87
218/10/2026$120.87
118/10/2026$120.87

Sources

Research methodology and limitations · What is fair value?

Historical valuation multiples

Closing prices against trailing 12-month earnings and cash flow.

Daily closes · Published TTM basis · Diluted shares · Sep 25, 2026

P/E

× · TTM

38.93×
Oct 27, 2011 through Sep 25, 2026
Mean 25.32×Median 24.02×

62% above median

PEG

× · TTM · YoY growth

1.22×
Mean 2.82×Median 1.62×

25% below median

P/S

× · TTM

10.75×
Mean 5.93×Median 5.5×

95% above median

P/FCF

× · TTM

36.72×
Mean 22.81×Median 22.29×

65% above median

P/FCF / growth

× · TTM · YoY growth

0.83×
Mean 1.46×Median 0.93×

11% below median

P/OCF

× · TTM

34.21×
Mean 20.02×Median 19.13×

79% above median

P/B

×

46.68×
Mean 22.27×Median 12.18×

283% above median

FCF yield

% · TTM

2.72%
Mean 5.2%Median 4.49%

39% below median

Earnings yield

% · TTM

2.57%
Mean 4.53%Median 4.16%

38% below median

EV/Sales

× · TTM

10.85×
Mean 6.04×Median 5.67×

91% above median

EV/EBITDA

× · TTM

30.15×
Mean 18.4×Median 17.71×

70% above median

Monthly closes

Apple valuation history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Close dateFinancials throughP/E×PEG×P/S×P/FCF×P/FCF / growth×P/OCF×P/B×FCF yield%Earnings yield%EV/Sales×EV/EBITDA×
Sep 25, 2026Jun 27, 202638.93×1.22×10.75×36.72×0.83×34.21×46.68×2.72%2.57%10.85×30.15×
Aug 31, 2026Jun 27, 202636.16×1.13×9.99×34.11×0.77×31.78×43.36×2.93%2.77%10.08×28.03×
Jul 31, 2026Mar 28, 202637.11×1.29×10.08×35.22×1.03×32.44×42.72×2.84%2.69%10.16×28.68×
Jun 30, 2026Mar 28, 202634.76×1.21×9.44×32.99×0.97×30.39×40.01×3.03%2.88%9.53×26.88×
May 29, 2026Mar 28, 202637.49×1.3×10.18×35.57×1.04×32.77×43.15×2.81%2.67%10.27×28.97×
Apr 30, 2026Dec 27, 202534.12×1.35×9.23×32.59×1.15×29.67×45.57×3.07%2.93%9.33×26.58×
Mar 31, 2026Dec 27, 202531.91×1.26×8.63×30.48×1.08×27.75×42.62×3.28%3.13%8.73×24.88×
Feb 27, 2026Dec 27, 202533.22×1.31×8.98×31.73×1.12×28.88×44.37×3.15%3.01%9.09×25.88×
Jan 30, 2026Sep 27, 202534.43×1.53×9.27×39.05×—34.6×52.31×2.56%2.9%9.42×27.08×
Dec 31, 2025Sep 27, 202536.08×1.6×9.71×40.91×—36.25×54.8×2.44%2.77%9.86×28.35×
Nov 28, 2025Sep 27, 202537×1.64×9.96×41.96×—37.18×56.21×2.38%2.7%10.11×29.07×
Oct 31, 2025Jun 28, 202540.71×—9.89×42.02×—37.23×61.39×2.38%2.46%10.05×28.98×
Sep 30, 2025Jun 28, 202538.34×—9.31×39.57×—35.06×57.82×2.53%2.61%9.47×27.32×
Aug 29, 2025Jun 28, 202534.95×—8.49×36.08×—31.96×52.71×2.77%2.86%8.65×24.95×
Jul 31, 2025Mar 29, 202532.12×—7.81×31.73×—28.53×46.79×3.15%3.11%7.98×23.01×
Jun 30, 2025Mar 29, 202531.75×—7.72×31.37×—28.2×46.25×3.19%3.15%7.89×22.75×
May 30, 2025Mar 29, 202531.08×—7.55×30.71×—27.6×45.27×3.26%3.22%7.73×22.28×
Apr 30, 2025Dec 28, 202433.48×—8.14×32.75×—29.73×48.23×3.05%2.99%8.3×23.92×
Mar 31, 2025Dec 28, 202435×—8.5×34.24×—31.08×50.41×2.92%2.86%8.67×24.99×
Feb 28, 2025Dec 28, 202438.11×—9.26×37.27×—33.83×54.89×2.68%2.62%9.43×27.16×
Jan 31, 2025Sep 28, 202438.38×—9.2×33.06×2.68×30.42×63.17×3.02%2.61%9.4×27.28×
Dec 31, 2024Sep 28, 202440.72×—9.76×35.08×2.85×32.28×67.03×2.85%2.46%9.96×28.92×
Nov 29, 2024Sep 28, 202438.59×—9.25×33.25×2.7×30.59×63.52×3.01%2.59%9.45×27.43×
Oct 31, 2024Jun 29, 202434.01×3.21×8.99×33.23×5.37×30.67×51.98×3.01%2.94%9.19×26.89×
Sep 30, 2024Jun 29, 202435.08×3.31×9.27×34.27×5.53×31.64×53.61×2.92%2.85%9.47×27.71×
Aug 30, 2024Jun 29, 202434.47×3.26×9.11×33.69×5.44×31.09×52.69×2.97%2.9%9.31×27.25×
Jul 31, 2024Mar 30, 202434.21×3.77×9×33.7×4.73×31.06×46.29×2.97%2.92%9.19×27.05×
Jun 28, 2024Mar 30, 202432.45×3.58×8.54×31.96×4.48×29.46×43.9×3.13%3.08%8.72×25.68×
May 31, 2024Mar 30, 202429.62×3.27×7.79×29.17×4.09×26.89×40.07×3.43%3.38%7.98×23.49×
Apr 30, 2024Dec 30, 202326.29×3.05×6.88×24.83×2.02×22.79×35.81×4.03%3.8%7.05×20.91×
Mar 28, 2024Dec 30, 202326.47×3.07×6.93×24.99×2.04×22.94×36.05×4%3.78%7.1×21.05×
Feb 29, 2024Dec 30, 202327.9×3.24×7.3×26.35×2.15×24.18×38×3.8%3.58%7.47×22.16×
Jan 31, 2024Sep 30, 202329.79×—7.54×29.01×—26.14×46.49×3.45%3.36%7.75×23.61×
Dec 29, 2023Sep 30, 202331.1×—7.87×30.29×—27.29×48.54×3.3%3.22%8.08×24.62×
Nov 30, 2023Sep 30, 202330.68×—7.77×29.89×—26.92×47.89×3.35%3.26%7.98×24.3×
Oct 31, 2023Jul 1, 202328.43×—7.02×26.68×—23.82×44.69×3.75%3.52%7.23×22.38×
Sep 29, 2023Jul 1, 202328.5×—7.03×26.74×—23.89×44.81×3.74%3.51%7.25×22.44×
Aug 31, 2023Jul 1, 202331.28×—7.72×29.35×—26.21×49.17×3.41%3.2%7.93×24.56×
Jul 31, 2023Apr 1, 202333.01×—8.08×31.93×—28.41×50.08×3.13%3.03%8.3×25.84×
Jun 30, 2023Apr 1, 202332.59×—7.98×31.53×—28.05×49.45×3.17%3.07%8.2×25.52×
May 31, 2023Apr 1, 202329.78×—7.29×28.81×—25.63×45.19×3.47%3.36%7.51×23.38×
Apr 28, 2023Dec 31, 202228.45×—6.99×27.77×—24.8×47.73×3.6%3.52%7.22×22.33×
Mar 31, 2023Dec 31, 202227.65×—6.79×26.99×—24.1×46.38×3.71%3.62%7.02×21.72×
Feb 28, 2023Dec 31, 202224.71×—6.07×24.12×—21.54×41.46×4.15%4.05%6.3×19.5×
Jan 31, 2023Jun 25, 202223.55×1.28×6.05×21.81×1.27×19.85×40.38×4.58%4.25%6.29×18.82×
Dec 30, 2022Jun 25, 202221.21×1.15×5.45×19.64×1.15×17.87×36.36×5.09%4.72%5.69×17.02×
Nov 30, 2022Jun 25, 202224.16×1.31×6.21×22.38×1.3×20.36×41.43×4.47%4.14%6.45×19.29×
Oct 31, 2022Jun 25, 202225.03×1.36×6.43×23.18×1.35×21.09×42.91×4.31%4%6.67×19.96×
Sep 30, 2022Jun 25, 202222.56×1.22×5.8×20.89×1.22×19.01×38.68×4.79%4.43%6.04×18.06×
Aug 31, 2022Jun 25, 202225.66×1.39×6.6×23.77×1.39×21.63×44×4.21%3.9%6.84×20.45×
Jul 29, 2022Mar 26, 202226.15×0.69×6.91×25.2×1.22×22.9×39.55×3.97%3.82%7.14×21.11×
Jun 30, 2022Mar 26, 202222×0.58×5.81×21.2×1.02×19.26×33.27×4.72%4.55%6.05×17.87×
May 31, 2022Mar 26, 202223.95×0.63×6.32×23.08×1.12×20.97×36.22×4.33%4.18%6.56×19.39×
Apr 29, 2022Dec 25, 202125.9×0.41×6.88×25.57×0.81×23.2×36.2×3.91%3.86%7.11×20.98×
Mar 31, 2022Dec 25, 202128.69×0.46×7.62×28.32×0.9×25.7×40.1×3.53%3.49%7.85×23.16×
Feb 28, 2022Dec 25, 202127.13×0.43×7.21×26.78×0.85×24.3×37.92×3.73%3.69%7.44×21.94×
Jan 31, 2022Dec 25, 202128.71×0.46×7.63×28.35×0.9×25.72×40.14×3.53%3.48%7.86×23.19×
Dec 31, 2021Jun 26, 202134.33×0.63×8.58×31.44×0.85×28.54×46.36×3.18%2.91%8.84×27.65×
Nov 30, 2021Jun 26, 202131.96×0.59×7.99×29.27×0.79×26.57×43.16×3.42%3.13%8.24×25.8×
Oct 29, 2021Jun 26, 202128.96×0.53×7.24×26.53×0.71×24.08×39.11×3.77%3.45%7.49×23.45×
Sep 30, 2021Jun 26, 202127.36×0.5×6.84×25.06×0.67×22.74×36.94×3.99%3.66%7.09×22.2×
Aug 31, 2021Jun 26, 202129.35×0.54×7.34×26.89×0.72×24.4×39.64×3.72%3.41%7.59×23.76×
Jul 30, 2021Jun 26, 202128.2×0.52×7.05×25.83×0.69×23.44×38.08×3.87%3.55%7.3×22.86×
Jun 30, 2021Mar 27, 202130.38×0.78×7.13×25.63×0.62×23.28×33.52×3.9%3.29%7.38×24.06×
May 28, 2021Mar 27, 202127.64×0.71×6.48×23.32×0.56×21.18×30.49×4.29%3.62%6.74×21.97×
Apr 30, 2021Mar 27, 202129.16×0.75×6.84×24.6×0.6×22.35×32.17×4.07%3.43%7.09×23.13×
Mar 31, 2021Dec 26, 202032.7×2.08×7.11×26.06×0.85×23.51×31.57×3.84%3.06%7.37×25.44×
Feb 26, 2021Dec 26, 202032.46×2.07×7.06×25.87×0.85×23.34×31.34×3.87%3.08%7.31×25.26×
Jan 29, 2021Dec 26, 202035.32×2.25×7.68×28.15×0.92×25.4×34.1×3.55%2.83%7.94×27.41×
Dec 31, 2020Sep 26, 202039.88×4.5×8.34×31.21×1.02×28.38×35.04×3.2%2.51%8.61×30.57×
Nov 30, 2020Sep 26, 202035.78×4.04×7.48×28×0.92×25.47×31.44×3.57%2.79%7.75×27.52×
Oct 30, 2020Jun 27, 202032.46×2.99×6.92×26.44×0.88×23.7×26.23×3.78%3.08%7.17×24.97×
Sep 30, 2020Jun 27, 202034.53×3.19×7.37×28.13×0.94×25.21×27.91×3.55%2.9%7.62×26.51×
Aug 31, 2020Jun 27, 202038.47×3.55×8.21×31.35×1.04×28.09×31.1×3.19%2.6%8.46×29.44×
Jul 31, 2020Mar 28, 202032.72×4.81×6.99×28.1×1.49×24.84×23.87×3.56%3.06%7.21×24.99×
Jun 30, 2020Mar 28, 202028.08×4.13×6×24.11×1.28×21.32×20.49×4.15%3.56%6.22×21.55×
May 29, 2020Mar 28, 202024.48×3.6×5.23×21.02×1.11×18.58×17.86×4.76%4.09%5.45×18.88×
Apr 30, 2020Dec 28, 201922.75×6.12×4.89×20.46×1.93×17.88×14.62×4.89%4.4%5.15×17.63×
Mar 31, 2020Dec 28, 201919.69×5.29×4.23×17.71×1.67×15.47×12.65×5.65%5.08%4.49×15.38×
Feb 28, 2020Dec 28, 201921.17×5.69×4.55×19.04×1.79×16.63×13.6×5.25%4.72%4.81×16.46×
Jan 31, 2020Dec 28, 201923.97×6.44×5.15×21.55×2.03×18.83×15.4×4.64%4.17%5.41×18.53×
Dec 31, 2019Sep 28, 201924.02×—5.1×22.54×—19.13×14.67×4.44%4.16%5.33×18.13×
Nov 29, 2019Sep 28, 201921.86×—4.64×20.51×—17.41×13.35×4.88%4.57%4.87×16.57×
Oct 31, 2019Jul 1, 201727.91×13.52×5.82×25.36×4.48×20.38×9.83×3.94%3.58%6.23×19.82×
Sep 30, 2019Jul 1, 201725.13×12.17×5.24×22.84×4.03×18.35×8.85×4.38%3.98%5.65×17.97×
Aug 30, 2019Jul 1, 201723.42×11.34×4.89×21.28×3.76×17.1×8.25×4.7%4.27%5.29×16.84×
Jul 31, 2019Jul 1, 201723.9×11.57×4.99×21.72×3.84×17.45×8.42×4.6%4.18%5.39×17.16×
Jun 28, 2019Jul 1, 201722.2×10.75×4.63×20.18×3.56×16.21×7.82×4.96%4.5%5.04×16.03×
May 31, 2019Jul 1, 201719.64×9.51×4.1×17.85×3.15×14.34×6.92×5.6%5.09%4.5×14.33×
Apr 30, 2019Jul 1, 201722.51×10.9×4.7×20.46×3.61×16.44×7.93×4.89%4.44%5.1×16.24×
Mar 29, 2019Jul 1, 201721.31×10.32×4.45×19.37×3.42×15.56×7.51×5.16%4.69%4.85×15.44×
Feb 28, 2019Jul 1, 201719.42×9.41×4.05×17.66×3.12×14.18×6.84×5.66%5.15%4.46×14.19×
Jan 31, 2019Jul 1, 201718.67×9.04×3.9×16.97×3×13.63×6.58×5.89%5.36%4.3×13.69×
Dec 31, 2018Jul 1, 201717.7×8.57×3.69×16.08×2.84×12.92×6.23×6.22%5.65%4.1×13.04×
Nov 30, 2018Jul 1, 201720.03×9.7×4.18×18.21×3.22×14.63×7.06×5.49%4.99%4.58×14.59×
Oct 31, 2018Jun 25, 201625.06×—5.44×23.58×—18.96×9.47×4.24%3.99%5.74×17.1×
Sep 28, 2018Jun 25, 201625.85×—5.61×24.32×—19.56×9.76×4.11%3.87%5.91×17.61×
Aug 31, 2018Jun 25, 201626.06×—5.66×24.52×—19.72×9.84×4.08%3.84%5.96×17.75×
Jul 31, 2018Jun 25, 201621.79×—4.73×20.5×—16.49×8.23×4.88%4.59%5.03×14.98×
Jun 29, 2018Jun 25, 201621.2×—4.6×19.94×—16.04×8.01×5.01%4.72%4.9×14.6×
May 31, 2018Jun 25, 201621.4×—4.64×20.13×—16.19×8.08×4.97%4.67%4.95×14.73×
Apr 30, 2018Jun 25, 201618.92×—4.11×17.8×—14.32×7.15×5.62%5.28%4.41×13.13×
Mar 29, 2018Jun 25, 201619.21×—4.17×18.08×—14.54×7.26×5.53%5.21%4.47×13.32×
Feb 28, 2018Jun 25, 201620.39×—4.43×19.19×—15.43×7.7×5.21%4.9%4.73×14.08×
Jan 31, 2018Jun 25, 201619.17×—4.16×18.04×—14.5×7.24×5.54%5.22%4.46×13.29×
Dec 29, 2017Jun 25, 201619.38×—4.2×18.23×—14.66×7.32×5.48%5.16%4.51×13.42×
Nov 30, 2017Jun 25, 201619.68×—4.27×18.51×—14.89×7.43×5.4%5.08%4.57×13.62×
Oct 31, 2017Jun 27, 201519.23×0.51×4.35×14.02×0.28×12.04×7.77×7.13%5.2%4.52×13.03×
Sep 29, 2017Jun 27, 201517.54×0.46×3.97×12.79×0.26×10.98×7.08×7.82%5.7%4.14×11.93×
Aug 31, 2017Jun 27, 201518.66×0.49×4.22×13.61×0.27×11.68×7.53×7.35%5.36%4.39×12.66×
Jul 31, 2017Jun 27, 201516.92×0.45×3.83×12.34×0.25×10.6×6.83×8.1%5.91%4×11.53×
Jun 30, 2017Jun 27, 201516.39×0.43×3.71×11.95×0.24×10.26×6.62×8.37%6.1%3.88×11.18×
May 31, 2017Jun 27, 201517.38×0.46×3.93×12.67×0.25×10.88×7.02×7.89%5.75%4.11×11.83×
Apr 28, 2017Jun 27, 201516.35×0.43×3.7×11.92×0.24×10.23×6.6×8.39%6.12%3.87×11.15×
Mar 31, 2017Jun 27, 201516.35×0.43×3.7×11.92×0.24×10.23×6.6×8.39%6.12%3.87×11.15×
Feb 28, 2017Jun 27, 201515.59×0.41×3.53×11.37×0.23×9.76×6.29×8.8%6.42%3.7×10.66×
Jan 31, 2017Jun 27, 201513.81×0.36×3.12×10.07×0.2×8.64×5.57×9.93%7.24%3.3×9.5×
Dec 30, 2016Jun 27, 201513.18×0.35×2.98×9.61×0.19×8.25×5.32×10.41%7.59%3.15×9.09×
Nov 30, 2016Jun 27, 201512.58×0.33×2.84×9.17×0.18×7.87×5.08×10.91%7.95%3.02×8.69×
Oct 31, 2016Jun 27, 201512.92×0.34×2.92×9.42×0.19×8.09×5.22×10.62%7.74%3.1×8.92×
Sep 30, 2016Jun 28, 201417.74×1.93×3.84×14.06×0.69×12.14×5.66×7.11%5.64%3.94×11.88×
Aug 31, 2016Jun 28, 201416.65×1.81×3.6×13.19×0.65×11.39×5.31×7.58%6%3.71×11.16×
Jul 29, 2016Jun 28, 201416.36×1.78×3.54×12.96×0.64×11.19×5.21×7.72%6.11%3.64×10.97×
Jun 30, 2016Jun 28, 201415.01×1.63×3.25×11.89×0.58×10.26×4.78×8.41%6.66%3.35×10.09×
May 31, 2016Jun 28, 201415.67×1.7×3.39×12.42×0.61×10.72×5×8.05%6.38%3.49×10.53×
Apr 29, 2016Jun 28, 201414.71×1.6×3.18×11.66×0.57×10.06×4.69×8.58%6.8%3.29×9.9×
Mar 31, 2016Jun 28, 201417.11×1.86×3.7×13.55×0.66×11.7×5.45×7.38%5.85%3.8×11.46×
Feb 29, 2016Jun 28, 201415.18×1.65×3.28×12.02×0.59×10.38×4.84×8.32%6.59%3.39×10.2×
Jan 29, 2016Jun 28, 201415.28×1.66×3.31×12.1×0.59×10.45×4.87×8.26%6.55%3.41×10.27×
Dec 31, 2015Jun 28, 201416.52×1.8×3.58×13.09×0.64×11.3×5.27×7.64%6.05%3.68×11.08×
Nov 30, 2015Jun 28, 201418.57×2.02×4.02×14.71×0.72×12.7×5.92×6.8%5.39%4.12×12.41×
Oct 30, 2015Jun 28, 201418.76×2.04×4.06×14.86×0.73×12.83×5.98×6.73%5.33%4.16×12.54×
Sep 30, 2015Jun 29, 201318.9×—4.21×16.51×—13.49×5.79×6.06%5.29%4.25×12.88×
Aug 31, 2015Jun 29, 201319.33×—4.31×16.88×—13.79×5.91×5.92%5.17%4.34×13.16×
Jul 31, 2015Jun 29, 201320.79×—4.63×18.16×—14.84×6.36×5.51%4.81%4.67×14.15×
Jun 30, 2015Jun 29, 201321.5×—4.79×18.78×—15.34×6.58×5.33%4.65%4.82×14.63×
May 29, 2015Jun 29, 201322.33×—4.98×19.5×—15.94×6.83×5.13%4.48%5.01×15.19×
Apr 30, 2015Jun 29, 201321.45×—4.78×18.73×—15.31×6.56×5.34%4.66%4.81×14.6×
Mar 31, 2015Jun 29, 201321.33×—4.75×18.63×—15.22×6.53×5.37%4.69%4.79×14.51×
Feb 27, 2015Jun 29, 201322.02×—4.91×19.23×—15.71×6.74×5.2%4.54%4.94×14.98×
Jan 30, 2015Jun 29, 201320.08×—4.47×17.54×—14.33×6.14×5.7%4.98%4.51×13.67×
Dec 31, 2014Jun 29, 201318.92×—4.22×16.52×—13.5×5.79×6.05%5.29%4.25×12.88×
Nov 28, 2014Jun 29, 201320.38×—4.54×17.8×—14.55×6.24×5.62%4.91%4.58×13.88×
Oct 31, 2014Jun 29, 201318.51×—4.12×16.17×—13.21×5.66×6.19%5.4%4.16×12.61×
Sep 30, 2014Jun 29, 201317.27×—3.85×15.08×—12.32×5.28×6.63%5.79%3.88×11.77×
Aug 29, 2014Jun 29, 201317.57×—3.91×15.34×—12.54×5.38×6.52%5.69%3.95×11.97×
Jul 31, 2014Jun 29, 201316.39×—3.65×14.31×—11.69×5.01×6.99%6.1%3.68×11.17×
Jun 30, 2014Jun 29, 201315.93×—3.55×13.91×—11.37×4.87×7.19%6.28%3.58×10.86×
May 30, 2014Jun 29, 201315.5×—3.45×13.54×—11.06×4.74×7.39%6.45%3.49×10.57×
Apr 30, 2014Jun 29, 201314.45×—3.22×12.62×—10.31×4.42×7.93%6.92%3.25×9.86×
Mar 31, 2014Jun 29, 201313.14×—2.93×11.48×—9.38×4.02×8.71%7.61%2.96×8.98×
Feb 28, 2014Jun 29, 201312.89×—2.87×11.25×—9.2×3.94×8.89%7.76%2.9×8.81×
Jan 31, 2014Jun 29, 201312.26×—2.73×10.7×—8.75×3.75×9.34%8.16%2.76×8.38×
Dec 31, 2013Jun 29, 201313.74×—3.06×12×—9.8×4.2×8.34%7.28%3.09×9.38×
Nov 29, 2013Jun 29, 201313.62×—3.03×11.89×—9.72×4.17×8.41%7.34%3.07×9.3×
Oct 31, 2013Jun 29, 201312.8×—2.85×11.18×—9.13×3.92×8.95%7.81%2.89×8.75×
Sep 30, 2013Jun 29, 201311.67×—2.6×10.19×—8.33×3.57×9.81%8.57%2.63×7.99×
Aug 30, 2013Jun 29, 201311.93×—2.66×10.42×—8.51×3.65×9.6%8.38%2.69×8.16×
Jul 31, 2013Jun 29, 201311.08×—2.47×9.68×—7.91×3.39×10.33%9.03%2.5×7.59×
Jun 28, 2013Mar 30, 20139.46×3.63×2.22×8.26×—6.79×2.77×12.11%10.58%——
May 31, 2013Mar 30, 201310.72×4.11×2.52×9.37×—7.7×3.14×10.67%9.32%——
Apr 30, 2013Mar 30, 201310.56×4.05×2.48×9.22×—7.58×3.09×10.84%9.47%——
Mar 28, 2013Dec 29, 201210.04×0.39×2.55×8.84×0.58×7.39×3.29×11.31%9.96%——
Feb 28, 2013Dec 29, 201210.02×0.39×2.54×8.81×0.58×7.37×3.28×11.35%9.98%——
Jan 31, 2013Dec 29, 201210.33×0.4×2.62×9.1×0.6×7.61×3.39×10.99%9.68%——
Dec 31, 2012Jun 25, 201121.14×0.23×4.97×16.97×0.16×15.22×7.2×5.89%4.73%——
Nov 30, 2012Jun 25, 201123.25×0.26×5.47×18.66×0.18×16.74×7.92×5.36%4.3%——
Oct 31, 2012Jun 26, 201045.12×—9.67×38.56×—34.46×12.81×2.59%2.22%——
Sep 28, 2012Jun 26, 201050.56×—10.84×43.21×—38.61×14.35×2.31%1.98%——
Aug 31, 2012Jun 26, 201050.41×—10.81×43.09×—38.5×14.31×2.32%1.98%——
Jul 31, 2012Jun 26, 201046.29×—9.92×39.56×—35.35×13.14×2.53%2.16%——
Jun 29, 2012Jun 26, 201044.26×—9.49×37.83×—33.8×12.56×2.64%2.26%——
May 31, 2012Jun 26, 201043.78×—9.38×37.42×—33.44×12.43×2.67%2.28%——
Apr 30, 2012Jun 26, 201044.26×—9.49×37.82×—33.8×12.56×2.64%2.26%——
Mar 30, 2012Jun 26, 201045.44×—9.74×38.83×—34.7×12.9×2.58%2.2%——
Feb 29, 2012Jun 26, 201041.11×—8.81×35.13×—31.4×11.67×2.85%2.43%——
Jan 31, 2012Jun 26, 201034.59×—7.42×29.57×—26.42×9.82×3.38%2.89%——
Dec 30, 2011Jun 26, 201030.69×—6.58×26.23×—23.44×8.71×3.81%3.26%——
Nov 30, 2011Jun 26, 201028.96×—6.21×24.75×—22.12×8.22×4.04%3.45%——
Oct 31, 2011Jun 26, 201030.68×—6.58×26.22×—23.43×8.71×3.81%3.26%——
Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Tooltip changes compare the preceding available trading close. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

Daily curves use completed, split-adjusted closes without dividend adjustment. TTM uses four complete fiscal quarters, or the prior annual report plus current YTD less prior YTD. Its supporting inputs must be filed before the price date. Diluted weighted shares are normalized for splits. Later restatements can delay availability; this is not a vintage-filings backtest. Fiscal period-end closes remain available when daily prices are missing.

Mean and median use every valid daily observation in the selected range (or valid fiscal observations in the fallback). Missing and undefined values are excluded; extreme values remain included. “Cheap” and “expensive” compare the latest positive multiple with its own median, with a 10% neutral band; yields use the opposite direction. These labels describe historical pricing, not intrinsic fair value. The table uses the last available trading close in each month, including the current partial month.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Market prices: Yahoo Finance · AAPL, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

P/E
Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
PEG
Trailing P/E / year-over-year growth of TTM earnings per diluted share, expressed as a percentage number (20 for 20%). Each per-share basis uses TTM earnings attributable to common shareholders / split-normalized period diluted shares. Requires positive prior earnings and positive growth; uses reported history, not analyst forecasts.
P/S
Completed closing price × diluted shares / TTM revenue.
P/FCF
Completed closing price × diluted shares / TTM free cash flow. With Deduct SBC enabled, subtract reported SBC from FCF.
P/FCF / growth
Trailing P/FCF / year-over-year growth of TTM FCF per diluted share, expressed as a percentage number (20 for 20%). FCF = operating cash flow − cash capital investment; each per-share basis uses split-normalized period diluted shares. Requires positive prior FCF and positive growth. Deduct SBC subtracts reported SBC from both trailing years.
P/OCF
Completed closing price × diluted shares / TTM operating cash flow.
P/B
Completed closing price × diluted shares / period-end equity attributable to owners.
FCF yield
TTM FCF / (completed closing price × diluted shares) × 100. Reflects the SBC option.
Earnings yield
TTM earnings attributable to common shareholders / (completed closing price × diluted shares) × 100.
EV/Sales
(Completed closing price × diluted shares + debt − cash) / TTM revenue. A simplified EV proxy; excludes preferred equity and minority interests.
EV/EBITDA
(Completed closing price × diluted shares + debt − cash) / (TTM operating income + TTM reported depreciation and amortization).