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Apple Inc. (AAPL) PB Ratio: 40.29

Is Apple Inc.’s P/B ratio high or low?

Apple Inc.'s P/B ratio of 40.29 is 12% below its 5-year average of 45.58, near the low end of its 5-year range (30.86–69.33).

The P/B ratio for Apple Inc. (AAPL) is 40.29. It is below its 12-month average by 18.63% (49.51).

AAPL PB Ratio Chart

AAPL PB Ratio
40.29-11.28% 1Y
Zoom

AAPL Average PB Ratio Chart

AAPL Current vs Average PB Ratio Chart

AAPL PB Ratio Metrics

PB RATIO

40.29

PB RATIO AVG TTM

49.51

PB RATIO AVG 3Y

48.69

PB RATIO AVG 5Y

45.58

PB RATIO AVG 10Y

29.00

PB RATIO AVG 15Y

20.92

PB RATIO AVG 20Y

17.38

CURRENT VS TTM AVG

-18.63%

CURRENT VS 3Y AVG

-17.26%

CURRENT VS 5Y AVG

-11.60%

CURRENT VS 10Y AVG

+38.92%

CURRENT VS 15Y AVG

+92.55%

CURRENT VS 20Y AVG

+131.83%

AAPL Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Apple Inc. (AAPL)40.2949.5148.6945.58
Microsoft Corporation (MSFT)$3.00T7.259.6311.0811.90
Alphabet Inc. (GOOGL)$4.41T9.318.667.326.95
Amazon.com, Inc. (AMZN)$2.63T6.016.837.959.11
Meta Platforms, Inc. (META)$1.48T6.158.588.176.89
NVIDIA Corporation (NVDA)$5.04T25.9839.5144.9336.43

P/B vs. its own history

At 40.29, P/B is richer than usual — richer than 82% of its 20-year range.

20-year low

2.75

median

6.85

20-year high

69.33

cheaperricher

Book Value Analysis

P/B Ratio

40.29

Market Price / Book Value per Share

Apple Inc. PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Apple Inc. PB Ratio FAQ

What is the P/B ratio for Apple Inc. (AAPL)?
The P/B ratio for AAPL stock is 40.29.
Is Apple Inc.'s P/B ratio high or low?
Apple Inc.'s P/B ratio of 40.29 is 12% below its 5-year average of 45.58, near the low end of its 5-year range (30.86–69.33).
What is the TTM average P/B ratio for Apple Inc. (AAPL)?
The TTM average P/B ratio for AAPL stock is 49.51.
What is the 3Y average P/B ratio for Apple Inc. (AAPL)?
The 3Y average P/B ratio for AAPL stock is 48.69.
What is the 5Y average P/B ratio for Apple Inc. (AAPL)?
The 5Y average P/B ratio for AAPL stock is 45.58.
What is the 10Y average P/B ratio for Apple Inc. (AAPL)?
The 10Y average P/B ratio for AAPL stock is 29.00.
What is the 15Y average P/B ratio for Apple Inc. (AAPL)?
The 15Y average P/B ratio for AAPL stock is 20.92.
What is the 20Y average P/B ratio for Apple Inc. (AAPL)?
The 20Y average P/B ratio for AAPL stock is 17.38.

Apple Inc. PB Ratio History

DATEPB RATIO
2026-06-0940.29
2026-06-0841.82
2026-06-0542.62
2026-06-0443.16
2026-06-0343.03
2026-06-0243.71
2026-06-0142.48
2026-05-2943.28
2026-05-2843.34
2026-05-2743.11
2026-05-2642.76
2026-05-2242.83
2026-05-2142.30
2026-05-2041.92
2026-05-1941.46
2026-05-1841.30
2026-05-1541.64
2026-05-1441.36
2026-05-1341.45
2026-05-1240.88
2026-05-1140.59
2026-05-0840.68
2026-05-0739.86
2026-05-0639.87
2026-05-0539.41
2026-05-0438.39
2026-05-0138.85
2026-04-3045.57
2026-04-2945.38
2026-04-2845.46
2026-04-2744.94
2026-04-2445.52
2026-04-2345.92
2026-04-2245.88
2026-04-2144.70
2026-04-2045.86
2026-04-1745.38
2026-04-1644.23
2026-04-1544.74
2026-04-1443.47
2026-04-1343.53
2026-04-1043.74
2026-04-0943.75
2026-04-0843.48
2026-04-0742.57
2026-04-0643.47
2026-04-0242.98
2026-04-0142.93
2026-03-3142.62
2026-03-3041.42
2026-03-2741.78
2026-03-2642.47
2026-03-2542.42
2026-03-2442.26
2026-03-2342.23
2026-03-2041.65
2026-03-1941.81
2026-03-1841.97
2026-03-1742.69
2026-03-1642.46
2026-03-1342.00
2026-03-1242.95
2026-03-1143.80
2026-03-1043.80
2026-03-0943.64
2026-03-0643.24
2026-03-0543.71
2026-03-0444.09
2026-03-0344.29
2026-03-0244.46
2026-02-2744.37
2026-02-2645.84
2026-02-2546.05
2026-02-2445.70
2026-02-2344.70
2026-02-2044.43
2026-02-1943.76
2026-02-1844.39
2026-02-1744.32
2026-02-1342.95
2026-02-1243.95
2026-02-1146.27
2026-02-1045.96
2026-02-0946.12
2026-02-0646.71
2026-02-0546.34
2026-02-0446.43
2026-02-0345.26
2026-02-0245.34
2026-01-3043.58
2026-01-2952.56
2026-01-2852.19
2026-01-2752.56
2026-01-2651.98
2026-01-2350.48
2026-01-2250.54
2026-01-2150.40
2026-01-2050.20
2026-01-1652.00
2026-01-1552.55
2026-01-1452.90
2026-01-1353.12
2026-01-1252.96
2026-01-0952.78
2026-01-0852.71
2026-01-0752.98
2026-01-0653.39
2026-01-0554.39
2026-01-0255.15
2025-12-3155.32
2025-12-3055.57
2025-12-2955.71
2025-12-2655.64
2025-12-2455.72
2025-12-2355.43
2025-12-2255.14
2025-12-1955.69
2025-12-1855.39
2025-12-1755.32
2025-12-1655.88
2025-12-1555.78
2025-12-1256.63
2025-12-1156.58
2025-12-1056.73
2025-12-0956.41
2025-12-0856.55
2025-12-0556.73
2025-12-0457.12
2025-12-0357.82
2025-12-0258.24
2025-12-0157.61
2025-11-2856.75
2025-11-2656.48
2025-11-2556.36
2025-11-2456.15
2025-11-2155.25
2025-11-2054.18
2025-11-1954.65
2025-11-1854.42
2025-11-1754.43
2025-11-1455.44
2025-11-1355.55
2025-11-1255.65
2025-11-1156.01
2025-11-1054.83
2025-11-0754.63
2025-11-0654.90
2025-11-0554.97
2025-11-0454.95
2025-11-0354.75
2025-10-3155.02
2025-10-3061.63
2025-10-2961.24
2025-10-2861.08
2025-10-2761.04
2025-10-2459.68
2025-10-2358.94
2025-10-2258.69
2025-10-2159.67
2025-10-2059.55
2025-10-1757.29
2025-10-1656.19
2025-10-1556.62
2025-10-1456.26
2025-10-1356.24
2025-10-1055.69
2025-10-0957.69
2025-10-0858.60
2025-10-0758.24
2025-10-0658.29
2025-10-0358.59
2025-10-0258.39
2025-10-0158.01
2025-09-3057.82
2025-09-2957.77
2025-09-2658.01
2025-09-2558.33
2025-09-2457.29
2025-09-2357.77
2025-09-2258.15
2025-09-1955.75
2025-09-1854.02
2025-09-1754.27
2025-09-1654.08
2025-09-1553.75
2025-09-1253.15
2025-09-1152.23
2025-09-1051.50
2025-09-0953.21
2025-09-0854.02
2025-09-0554.43
2025-09-0454.45
2025-09-0354.15
2025-09-0252.16
2025-08-2952.71
2025-08-2852.81
2025-08-2752.34
2025-08-2652.07
2025-08-2551.58
2025-08-2251.72
2025-08-2151.07
2025-08-2051.32
2025-08-1952.35
2025-08-1852.43
2025-08-1552.59
2025-08-1452.86
2025-08-1352.98
2025-08-1252.15
2025-08-1151.59
2025-08-0852.08
2025-08-0749.96
2025-08-0648.42
2025-08-0546.08
2025-08-0446.18
2025-08-0145.95
2025-07-3146.79
2025-07-3047.12
2025-07-2947.62
2025-07-2848.25
2025-07-2548.21
2025-07-2448.18
2025-07-2348.27
2025-07-2248.33
2025-07-2147.89
2025-07-1847.60
2025-07-1747.34
2025-07-1647.37
2025-07-1547.13
2025-07-1447.02
2025-07-1147.60
2025-07-1047.88
2025-07-0947.59
2025-07-0847.34
2025-07-0747.32
2025-07-0348.14
2025-07-0247.88
2025-07-0146.84
2025-06-3046.25
2025-06-2745.32
2025-06-2645.31
2025-06-2545.43
2025-06-2445.15
2025-06-2345.42
2025-06-2045.31
2025-06-1844.31
2025-06-1744.10
2025-06-1644.72
2025-06-1344.28
2025-06-1244.90
2025-06-1144.81
2025-06-1045.68
2025-06-0945.41
2025-06-0645.96
2025-06-0545.22
2025-06-0445.72
2025-06-0345.82
2025-06-0245.46
2025-05-3045.27
2025-05-2945.07
2025-05-2845.18

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

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
164,000 employees
Technology / Consumer Electronics
Sector
Technology
Industry
Consumer Electronics
CEO
Timothy D. Cook