Apple Inc.
AAPL

$3.46 T
Marketcap
$229.00
Share price
Country
$0.72
Change (1 day)
$237.49
Year High
$164.08
Year Low

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. In addition, the company offers various services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.

marketcap

P/B ratio for Apple Inc. (AAPL)

P/B ratio as of 2024: 61.37

According to Apple Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 61.37. At the end of 2023 the company had a P/B ratio of 43.37.

P/B ratio history for Apple Inc. from 1985 to 2024

P/B ratio at the end of each year

Year P/B ratio
2024 61.37
2023 43.37
2022 48.14
2021 38.89
2020 29.82
2019 11.17
2018 10.44
2017 6.00
2016 4.81
2015 5.53
2014 5.50
2013 3.62
2012 5.28
2011 4.88
2010 5.56
2009 5.14
2008 5.07
2007 9.13
2006 6.51
2005 5.79
2004 2.73
2003 1.77
2002 1.28
2001 1.37
2000 2.03
1999 2.99
1998 3.11
1997 2.24
1996 1.34
1995 1.58
1994 1.68
1993 1.37
1992 2.53
1991 3.36
1990 2.65
1989 3.84
1988 5.60
1987 8.85
1986 3.10
1985 1.75