USD 186.99 as of today(2019-10-15). Apple Median PS Value explanation, calculation, historical data and more" />Apple Median PS Value | AAPL - GuruFocus.com
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Apple Median PS Value

: USD 186.99 (As of Today)
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This valuation method assumes that the stock valuation will revert to its historical mean in terms of Price/Sales Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because Price/Sales Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median P/S Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median P/S ratio. Apple's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2019 was USD 54.675. Apple's 10-Year median P/S ratio is 3.42. Therefore, the Median P/S Value for today is USD 186.99.

As of today (2019-10-15), Apple's share price is USD 236.60. Apple's median P/S value is USD 186.99. Therefore, Apple's Price to Median P/S Value Ratio for today is 1.26.

NAS:AAPL' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.07   Max: 1.91
Current: 1.26

0.07
1.91

During the past 13 years, the highest Price to Median P/S Value Ratio of Apple was 1.91. The lowest was 0.07. And the median was 0.44.

NAS:AAPL's Price-to-Median-PS-Value is ranked lower than
72% of the 2166 Companies
in the Computer Hardware industry.

( Industry Median: 0.97 vs. NAS:AAPL: 1.26 )

Apple Median PS Value 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
Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Median PS Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101.84 137.76 133.77 149.04 181.15

Apple Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Median PS Value 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 171.46 181.15 183.01 183.97 186.99

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 Median PS Value Distribution

* The bar in red indicates where Apple's Median PS Value falls into.



Apple Median PS Value Calculation

Apple's Median P/S Value for today is calculated as

Median P/S Value=Total Annual Sales / Shares Outstanding*10-Year Median P/S Ratio
=Revenue per Share (TTM)*10-Year Median P/S Ratio
=54.675*3.42
=186.99

10-Year Median P/S Ratio is 3.42.
Apple's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2019 was 12.976 (Sep. 2018 ) + 17.663 (Dec. 2018 ) + 12.342 (Mar. 2019 ) + 11.694 (Jun. 2019 ) = USD 54.675.

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


Apple  (NAS:AAPL) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical mean in terms of Price/Sales Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because Price/Sales Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Apple's Price to Median P/S Value Ratio for today is calculated as

Price to Median P/S Value=Share Price/Median P/S Value
=236.60/186.99
=1.27

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


Apple Median PS Value Related Terms


Apple Median PS Value Headlines

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