Market Cap : 2.25 T | Enterprise Value : 2.32 T | PE Ratio : 22.55 | PB Ratio : 33.41 |
---|
NAS:AAPL has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NAS:AAPL has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Apple has the GF Value Rank of 7.
The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.
GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).
We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.
After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.
Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.
For the Consumer Electronics subindustry, Apple's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.
For the Hardware industry and Technology sector, Apple's GF Value Rank distribution charts can be found below:
* The bar in red indicates where Apple's GF Value Rank falls into.
Thank you for viewing the detailed overview of Apple's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.
Kondo Chris | officer: Principal Accounting Officer | 1 INFINITE LOOP CUPERTINO CA 95014 |
Maestri Luca | officer: Senior Vice President, CFO | 1 INFINITE LOOP CUPERTINO CA 95014 |
Adams Katherine L. | officer: SVP, GC and Secretary | APPLE INC. 1 INFINITE LOOP CUPERTINO CA 95014 |
Williams Jeffrey E | officer: COO | ONE INFINITE LOOP CUPERTINO CA 95014 |
Cook Timothy D | director, officer: Chief Executive Officer | C/O APPLE INC ONE INFINITE LOOP CUPERTINO CA 95014 |
Jung Andrea | director | C/O APPLE INC ONE APPLE PARK WAY CUPERTINO CA 95014 |
Wagner Susan | director | C/O BLACKROCK, INC. 40 EAST 52ND STREET NEW YORK NY 10022 |
Bell James A | director | C/O THE DOW CHEMICAL COMPANY 2211 H.H. DOW WAY MIDLAND MI 48674 |
Levinson Arthur D | director | C/O GENENTECH INC 1 DNA WAY MS 49 SOUTH SAN FRANCISCO CA 94080-4990 |
Sugar Ronald D | director | 10877 WILSHIRE BLVD. SUITE 1650 LOS ANGELES CA 900274 |
Gore Albert Jr | director | C/O APPLE INC 1 INFINITE LOOP CUPERTINO CA 95014 |
Iger Robert A | director | C/O WALT DISNEY CO 500 S BUENA VISTA STREET BURBANK CA 91521-1062 |
Ahrendts Angela J | officer: Senior Vice President | 1 INFINITE LOOP CUPERTINO CA 95014 |
Srouji Johny | officer: Senior Vice President | 1 INFINITE LOOP CUPERTINO CA 95014 |
Federighi Craig | officer: Senior Vice President | 807 11TH AVENUE SUNNYVALE CA 94089 |
Other Sources
By Zacks 2022-04-01
By Zacks 2022-04-04
By Fool 2022-04-05
By Zacks 2022-04-05
By Zacks 2022-04-04
By Zacks 2022-04-01
By Zacks 2022-04-01
By Zacks 2022-03-31
By Fool 2022-04-03
By Fool 2022-04-05
By tipranks.com 2022-04-04
By Zacks 2022-04-05
By Fool 2022-04-01
By tipranks.com 2022-04-04
By Fool 2022-04-02