Apple Inc.(AAPL)
Consumer Electronics · Cupertino, CA
$309.35-1.95 (-0.63%)
At close: Aug 21, 2026, 4:00 PM ET
Consumer Electronics · Cupertino, CA
At close: Aug 21, 2026, 4:00 PM ET
Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 35.02.
Forward PE Ratio (35.02) = Close Price ($309.35) / Consensus Forward EPS ($8.83)
FORWARD PE RATIO
35.02
SECTOR MEDIAN · TECHNOLOGY
27.14
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+29.03%
vs the sector median at left
Apple Inc.
Market Cap
$4.54T
Forward PE Ratio
35.02
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Apple Inc. (AAPL) | $4.54T | 35.02 |
| Microsoft Corporation (MSFT)vs › | $3.59T | 28.42 |
| Alphabet Inc. (GOOGL)vs › | $4.17T | 16.76 |
| Amazon.com, Inc. (AMZN)vs › | $2.78T | 20.46 |
| Meta Platforms, Inc. (META)vs › | $1.40T | 17.35 |
| NVIDIA Corporation (NVDA)vs › | $5.20T | 45.74 |
Trailing P/E
35.4
reported TTM EPS
Forward P/E
35.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.83 implies +1.1% EPS growth vs the reported trailing $8.73.
At today's $309.35 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-09-27 | $8.83 | $8.82 – $8.86 | 28 | 35.0x |
| 2027-09-27 | $9.52 | $9.01 – $10.15 | 30 | 32.5x |
| 2028-09-27 | $10.62 | $9.49 – $11.46 | 20 | 29.1x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute