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Apple Book Value per Share

: $20.42 (As of Dec. 2019)
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Apple's book value per share for the quarter that ended in Dec. 2019 was $20.42.

During the past 12 months, Apple's average Book Value Per Share Growth Rate was -18.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Apple was 133.10% per year. The lowest was -25.60% per year. And the median was 20.00% per year.

Apple's current price is $284.23. Its book value per share for the quarter that ended in Dec. 2019 was $20.42. Hence, today's PB Ratio of Apple is 13.92.

During the past 13 years, the highest P/B Ratio of Apple was 15.91. The lowest was 2.71. And the median was 5.28.

Warning Sign:

Apple Inc stock PB Ratio (=14.33) is close to 10-year high of 15.91


Apple Book Value per Share Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Apple Annual Data
Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Book Value per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.40 24.03 26.15 22.53 20.37

Apple Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Book Value per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.93 22.98 21.29 20.37 20.42

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Apple Book Value per Share Distribution

* The bar in red indicates where Apple's Book Value per Share falls into.



Apple Book Value per Share Calculation

Apple's Book Value Per Share for the fiscal year that ended in Sep. 2019 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(90,488-0)/4,443
=20.37

Apple's Book Value Per Share for the quarter that ended in Dec. 2019 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(89,531-0)/4,384
=20.42

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Apple  (NAS:AAPL) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Apple Book Value per Share Related Terms


Apple Book Value per Share Headlines

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