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Apple Shiller PE Ratio

: 56.64 (As of Today)
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As of today (2022-08-17), Apple's current share price is ARS4876.00. Apple's E10 for the quarter that ended in Jun. 2022 was ARS86.09. Apple's Shiller PE Ratio for today is 56.64.

The historical rank and industry rank for Apple's Shiller PE Ratio or its related term are showing as below:

BUE:AAPL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.59   Med: 32.94   Max: 64.66
Current: 50.96

During the past years, Apple's highest Shiller PE Ratio was 64.66. The lowest was 20.59. And the median was 32.94.

BUE:AAPL's Shiller PE Ratio is ranked worse than
78.24% of 1282 companies
in the Hardware industry
Industry Median: 22.98 vs BUE:AAPL: 50.96

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Apple's adjusted earnings per share data for the three months ended in Jun. 2022 was ARS24.071. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS86.09 for the trailing ten years ended in Jun. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apple Shiller PE Ratio Historical Data

The historical data trend for Apple's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apple Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.37 32.98 27.92 50.40 49.17

Apple Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Shiller PE Ratio 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 49.67 49.17 57.77 53.46 40.23

Competitive Comparison

For the Consumer Electronics subindustry, Apple's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.

   

Apple Shiller PE Ratio Distribution

For the Hardware industry and Technology sector, Apple's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Apple's Shiller PE Ratio falls into.



Apple Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Apple's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4876.00/86.09
=56.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Apple's E10 for the quarter that ended in Jun. 2022 is calculated as:

For example, Apple's adjusted earnings per share data for the three months ended in Jun. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=24.071/123.3228*123.3228
=24.071

Current CPI (Jun. 2022) = 123.3228.

Apple Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201209 0.242 97.633 0.306
201212 0.405 96.871 0.516
201303 0.306 98.209 0.384
201306 0.238 98.518 0.298
201309 0.282 98.790 0.352
201312 0.547 98.326 0.686
201403 0.549 99.695 0.679
201406 0.433 100.560 0.531
201409 0.498 100.428 0.612
201412 1.090 99.070 1.357
201503 0.856 99.621 1.060
201506 0.701 100.684 0.859
201509 0.768 100.392 0.943
201512 1.769 99.792 2.186
201603 1.156 100.470 1.419
201606 0.827 101.688 1.003
201609 1.038 101.861 1.257
201612 2.220 101.863 2.688
201703 1.349 102.862 1.617
201706 1.148 103.349 1.370
201709 1.512 104.136 1.791
201712 3.096 104.011 3.671
201803 2.292 105.290 2.685
201806 2.432 106.317 2.821
201809 4.463 106.507 5.168
201812 6.568 105.998 7.642
201903 4.008 107.251 4.609
201906 4.059 108.070 4.632
201909 7.062 108.329 8.039
201912 12.455 108.420 14.167
202003 6.622 108.902 7.499
202006 7.418 108.767 8.411
202009 9.034 109.815 10.145
202012 22.791 109.897 25.575
202103 21.023 111.754 23.199
202106 20.529 114.631 22.086
202109 20.212 115.734 21.537
202112 35.354 117.630 37.065
202203 27.206 121.301 27.659
202206 24.071 123.323 24.071

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Apple  (BUE:AAPL) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Apple Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Apple's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Apple Business Description

Apple logo
Address
One Apple Park Way, Cupertino, CA, USA, 95014
Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Apple Watch), AirPods, and TV boxes (Apple TV), among others. The iPhone makes up the majority of Apple's total revenue. In addition, Apple offers its customers a variety of services such as Apple Music, iCloud, Apple Care, Apple TV+, Apple Arcade, Apple Card, and Apple Pay, among others. Apple's products run internally developed software and semiconductors, and the firm is well known for its integration of hardware, software and services. Apple's products are distributed online as well as through company-owned stores and third-party retailers. The company generates roughly 40% of its revenue from the Americas, with the remainder earned internationally.

Apple Headlines

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