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AAPLApple Inc.

The forward PE ratio is 35.80 as of Thursday, July 9, 2026.

Forward PE Ratio (35.80) = Close Price ($316.22) / Consensus Forward EPS ($8.76)

AAPL Forward PE Ratio Metrics

FORWARD PE RATIO

35.80

AAPL Competitors' Forward PE Ratio

AAPL

Apple Inc.

Current

Market Cap

$4.64T

Forward PE Ratio

35.80

MSFT

Microsoft Corporation

vs AAPL

Market Cap

$2.86T

Forward PE Ratio

22.82

GOOGL

Alphabet Inc.

vs AAPL

Market Cap

$4.34T

Forward PE Ratio

25.35

AMZN

Amazon.com, Inc.

vs AAPL

Market Cap

$2.66T

Forward PE Ratio

27.60

META

Meta Platforms, Inc.

vs AAPL

Market Cap

$1.60T

Forward PE Ratio

18.30

NVDA

NVIDIA Corporation

vs AAPL

Market Cap

$4.91T

Forward PE Ratio

43.49

Trailing vs Forward

Trailing P/E

37.9

reported TTM EPS

Forward P/E

35.8

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.76 implies +5.9% EPS growth vs the reported trailing $8.27.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $316.22 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 endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-09-27$8.76$8.64 – $8.933136.1x
2027-09-27$9.64$9.12 – $10.473232.8x
2028-09-27$10.64$9.37 – $11.811829.7x

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.

Forward PE Ratio Formula & Definition

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

Forward PE Ratio FAQ

What is the forward PE ratio for Apple Inc. (AAPL)?
The forward PE ratio for AAPL stock is 35.80.

About Apple Inc.

Apple Inc. is a global technology corporation that specializes in the conceptualization, production, and sale of a diverse suite of electronic devices. Its comprehensive hardware lineup features the well-known iPhone smartphones, Mac personal computers, and versatile iPad tablets. The company also supplies a range of wearables, smart home products, and accessories, including AirPods, Apple TV, Apple Watch, items from the Beats brand, and HomePod speakers. Beyond its device offerings, Apple delivers essential support services like AppleCare and robust cloud solutions. It oversees key digital platforms, prominently the App Store, which acts as a central hub for customers to discover and download countless applications and digital content, from e-books and music to videos, games, and podcasts. The company also generates revenue via advertising, leveraging both its proprietary ad platforms and third-party licensing deals. Apple's ecosystem is further bolstered by a wide array of subscription-based services: Apple Arcade for gaming, Apple Fitness+ for personalized wellness, Apple Music for curated audio experiences and on-demand radio, Apple News+ for access to news and magazines, and Apple TV+ for exclusive original video programming. Its financial services portfolio includes the co-branded Apple Card and the mobile payment system, Apple Pay. Additionally, Apple strategically licenses its intellectual property. The company serves a broad clientele that spans individual consumers, small and medium-sized enterprises, as well as institutional clients in the education, corporate, and governmental sectors. Products are distributed through a multi-channel strategy, utilizing Apple's own physical retail locations and online storefronts, a dedicated direct sales team, and collaborations with external partners such as mobile network providers, wholesalers, general retailers, and authorized resellers. The App Store additionally functions as the primary conduit for third-party applications designed for its devices. Founded in 1976, Apple Inc. is headquartered in Cupertino, California.

Cupertino, CA
166,000 employees
Technology / Consumer Electronics
Sector
Technology
Industry
Consumer Electronics
CEO
Timothy D. Cook