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Apple (MEX:AAPL) Shiller PE Ratio : 39.35 (As of Jul. 21, 2025)


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What is Apple Shiller PE Ratio?

As of today (2025-07-21), Apple's current share price is MXN3944.94. Apple's E10 for the quarter that ended in Mar. 2025 was MXN100.25. Apple's Shiller PE Ratio for today is 39.35.

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

MEX:AAPL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.59   Med: 38.16   Max: 62.31
Current: 43.13

During the past years, Apple's highest Shiller PE Ratio was 62.31. The lowest was 20.59. And the median was 38.16.

MEX:AAPL's Shiller PE Ratio is ranked worse than
67.78% of 1313 companies
in the Hardware industry
Industry Median: 26.48 vs MEX:AAPL: 43.13

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 Mar. 2025 was MXN33.756. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN100.25 for the trailing ten years ended in Mar. 2025.

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 Shiller PE Ratio Chart

Apple Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.40 49.17 39.06 41.71 50.59

Apple Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Shiller PE Ratio Get a 7-Day Free Trial 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 38.83 46.39 50.59 52.75 45.36

Competitive Comparison of Apple's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the Hardware Industry

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.


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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
=3944.94/100.25
=39.35

* 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 Mar. 2025 is calculated as:

For example, Apple's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=33.756/134.9266*134.9266
=33.756

Current CPI (Mar. 2025) = 134.9266.

Apple Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 7.257 100.684 9.725
201509 8.280 100.392 11.128
201512 14.100 99.792 19.064
201603 8.177 100.470 10.981
201606 6.565 101.688 8.711
201609 8.073 101.861 10.694
201612 17.318 101.863 22.939
201703 9.885 102.862 12.966
201706 7.547 103.349 9.853
201709 9.392 104.136 12.169
201712 19.099 104.011 24.776
201803 12.399 105.290 15.889
201806 11.495 106.317 14.588
201809 13.608 106.507 17.239
201812 20.519 105.998 26.119
201903 11.930 107.251 15.009
201906 10.469 108.070 13.071
201909 14.955 108.329 18.627
201912 23.575 108.420 29.339
202003 15.007 108.902 18.593
202006 15.003 108.767 18.611
202009 16.126 109.815 19.814
202012 33.419 109.897 41.030
202103 28.617 111.754 34.551
202106 25.878 114.631 30.460
202109 25.497 115.734 29.725
202112 43.079 117.630 49.414
202203 30.265 121.301 33.665
202206 24.142 125.017 26.056
202209 25.948 125.227 27.958
202212 36.652 125.222 39.493
202303 27.398 127.348 29.029
202306 21.601 128.729 22.641
202309 25.432 129.860 26.424
202312 37.004 129.419 38.579
202403 25.392 131.776 25.999
202406 25.648 132.554 26.107
202409 19.100 133.029 19.372
202412 50.054 133.157 50.719
202503 33.756 134.927 33.756

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  (MEX: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

Address
One Apple Park Way, Cupertino, CA, USA, 95014
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.