Apple (AAPL) Price-to-Operating-Cash-Flow: 31.57 (As of Aug. 08, 2026) — 38% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AAPL Apple Inc AAPL
96 GF Score
Price $313.33
GF Value $281.40
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Apple Price-to-Operating-Cash-Flow?

Apple AAPL +0.29% 96 Price-to-Operating-Cash-Flow is 31.57 as of Aug. 08, 2026, which is 38% above its 10-year median of 22.91. GuruFocus rates AAPL with a GF Score™ of 96/100 and a GF Value™ of $281.40 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,696 Hardware companies, Apple ranks worse than 63.92% on this metric.

As of today (2026-08-08), Apple's share price is $313.33. Apple's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Jun. 2026 was $9.93. Hence, Apple's Price-to-Operating-Cash-Flow Ratio for today is 31.57.

The historical rank and industry rank for Apple's Price-to-Operating-Cash-Flow or its related term are showing as below:

AAPL' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 9.03   Med: 22.91   Max: 37.53
Current: 31.56

During the past 13 years, Apple's highest Price-to-Operating-Cash-Flow Ratio was 37.53. The lowest was 9.03. And the median was 22.91.

AAPL's Price-to-Operating-Cash-Flow is ranked worse than
63.92% of 1696 companies
in the Hardware industry
Industry Median: 19.945 vs AAPL: 31.56

Apple's Cash Flow from Operations per share for the three months ended in Jun. 2026 was $2.34. Its Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Jun. 2026 was $9.93.

During the past 12 months, the average Operating Cash Flow per Share Growth Rate of Apple was 38.10% per year. During the past 3 years, the average Operating Cash Flow per Share Growth Rate was -0.20% per year. During the past 5 years, the average Operating Cash Flow per Share Growth Rate was 8.90% per year. During the past 10 years, the average Operating Cash Flow per Share Growth Rate was 11.30% per year.

During the past 13 years, Apple's highest 3-Year average Operating Cash Flow per Share Growth Rate was 198.10% per year. The lowest was -54.30% per year. And the median was 20.80% per year.


Apple Price-to-Operating-Cash-Flow Historical Data

* Premium members only.

The historical data trend for Apple's Price-to-Operating-Cash-Flow 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.

Apple Price-to-Operating-Cash-Flow Chart

Apple Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Price-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.94 18.47 24.49 30.36 34.27

Apple Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Operating-Cash-Flow 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 28.54 34.27 29.89 26.84 29.15

AAPL vs SONO, TBCH, VUZI: Price-to-Operating-Cash-Flow Comparison

For the Consumer Electronics subindustry, Apple's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow 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 Price-to-Operating-Cash-Flow vs Hardware Industry

For the Hardware industry and Technology sector, Apple's Price-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Apple's Price-to-Operating-Cash-Flow falls into.


AAPL
96GF Score
Apple Inc AAPL
Price-to-Operating-Cash-Flow is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apple Price-to-Operating-Cash-Flow Calculation

Apple's Price-to-Operating-Cash-Flow ratio for today is calculated as

Price-to-Operating-Cash-Flow Ratio=Share Price/Cash Flow from Operations per share (TTM)
=313.33/9.926
=31.57

Apple's Share Price of today is $313.33.
Apple's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.93.

* 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.

Note: Cash Flow from Operations per share is calculated as Cash Flow from Operations divided by Shares Outstanding (Diluted Average).

It can also be calculated from the numbers for the whole company:

Price-to-Operating-Cash-Flow Ratio=Market Cap/Cash Flow from Operations
What does a Price-to-Operating-Cash-Flow of 31.57 mean?
Apple (AAPL) has a Price-to-Operating-Cash-Flow of 31.57 as of Aug. 08, 2026. Price-to-operating-cash-flow ratio is the ratio of share price to a company's per-share cash from operations. View historical data on Apple and its competitors. This is 38% above median its historical median of 22.91. Over the past decade, Apple's Price-to-Operating-Cash-Flow has ranged from 9.03 to 37.53. According to the industry distribution chart, Apple ranks #1084 out of 1696 companies in the Hardware industry, placing it in the top 63.9%.
Is Apple's Price-to-Operating-Cash-Flow too high?
Apple's current Price-to-Operating-Cash-Flow of 31.57 is 38% above median its 10-year median of 22.91. Over the past 10 years, this metric has ranged from a low of 9.03 to a high of 37.53. The Hardware industry median Price-to-Operating-Cash-Flow is 19.95. Apple's value of 31.57 is 58.3% above this industry median. Based on the distribution chart, Apple ranks #1084 out of 1696 companies in the Hardware industry, which is below the industry midpoint. Overall, Apple has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apple's Price-to-Operating-Cash-Flow compare to SONO and TBCH?
According to the Hardware industry distribution chart, Apple ranks #1084 out of 1696 companies for Price-to-Operating-Cash-Flow. This places Apple in the lower half of its industry. The industry median Price-to-Operating-Cash-Flow is 19.95. Apple's value of 31.57 is 58.3% above this benchmark. Historically, Apple's own Price-to-Operating-Cash-Flow has ranged from 9.03 to 37.53 over the past decade. While the company's 10-year median is 22.91 vs. the industry median of 19.95, Apple has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Operating-Cash-Flow for a Hardware company?
The median Price-to-Operating-Cash-Flow among Hardware companies is 19.95, based on 1,696 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apple's current Price-to-Operating-Cash-Flow of 31.57 is 58.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Operating-Cash-Flow mean?
A high Price-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Price-to-operating-cash-flow ratio is the ratio of share price to a company's per-share cash from operations. View historical data on Apple and its competitors. For the Hardware industry, the median Price-to-Operating-Cash-Flow is 19.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apple's current Price-to-Operating-Cash-Flow is 31.57, which is 38% above median its own 10-year median of 22.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apple stock overvalued right now?
Based on GuruFocus' analysis, Apple (AAPL) is currently considered Modestly Overvalued. The stock's GF Value™ is $281.40, compared to a current price of $313.33 — trading 11.3% above its estimated fair value. The current Price-to-Operating-Cash-Flow is 31.57, which is 38% above median its 10-year median of 22.91 and 58.3% above the Hardware industry median of 19.95. Apple's overall GF Score™ is 96/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Operating-Cash-Flow calculated?
Price-to-Operating-Cash-Flow is calculated from a company's financial statements. For Apple (AAPL), the current Price-to-Operating-Cash-Flow is 31.57 as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Apple (AAPL) Overvalued in 2026?

Based on GuruFocus' analysis, Apple stock appears to be overvalued. The current stock price of $313.33 is trading 11.3% above its estimated GF Value™ of $281.40. GuruFocus considers Apple to be Modestly Overvalued.

Key valuation signals for AAPL:

  • Price-to-Operating-Cash-Flow: 31.57 (38% above median its 10-year median of 22.91)
  • GF Value™: $281.40 vs. price of $313.33 (11.3% above fair value)
  • GF Score™: 96/100 with 4 warning signs
  • Industry Position: 58.3% above the Hardware median (#1084 of 1696)

No single metric tells the full story. See the AAPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 accounts for the majority of the firm's sales, and Apple's other products, such as the 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, such as streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors and works with subcontractors such as Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with the majority coming indirectly through partnerships and distribution.
96GF Score

Get the complete analysis for AAPL

Price-to-Operating-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$313.33
Price
$281.40
GF Value