Apple (CHIX:APCD) Shiller PE Ratio: 58.00 (As of Aug. 14, 2026) — 36% Above Median

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CHIX:APCD Apple Inc CHIX:APCD
92 GF Score
Price €301.00
GF Value €255.89
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Apple Shiller PE Ratio?

Apple CHIX:APCD 92 Shiller PE Ratio is 58.00 as of Aug. 14, 2026, which is 36% above its 10-year median of 42.72. GuruFocus rates CHIX:APCD with a GF Score™ of 92/100 and a GF Value™ of €255.89 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,423 Hardware companies, Apple ranks worse than 67.18% on this metric.

As of today (2026-08-14), Apple's current share price is €301.00. Apple's E10 for the quarter that ended in Jun. 2026 was €5.19. Apple's Shiller PE Ratio for today is 58.00.

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

CHIX:APCd' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.59   Med: 42.72   Max: 62.31
Current: 52.12

During the past years, Apple's highest Shiller PE Ratio was 62.31. The lowest was 20.59. And the median was 42.72.

CHIX:APCd's Shiller PE Ratio is ranked worse than
67.18% of 1423 companies
in the Hardware industry
Industry Median: 30.28 vs CHIX:APCd: 52.12

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. 2026 was €1.753. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €5.19 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apple  (CHIX:APCd) 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


Apple Shiller PE Ratio Historical Data

* Premium members only.

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.

Apple Shiller PE Ratio Chart

Apple Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.17 39.06 41.71 50.59 49.09

Apple Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 40.76 49.09 50.85 45.46 49.90

CHIX:APCD vs SONO, TBCH, VUZI: Shiller PE Ratio 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 vs 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.


CHIX:APCD
92GF Score
Apple Inc CHIX:APCD
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=301.00/5.19
=58.00

* 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. 2026 is calculated as:

For example, Apple's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.753/333.9520*333.9520
=1.753

Current CPI (Jun. 2026) = 333.9520.

Apple Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.372 241.428 0.515
201612 0.796 241.432 1.101
201703 0.491 243.801 0.673
201706 0.372 244.955 0.507
201709 0.434 246.819 0.587
201712 0.822 246.524 1.114
201803 0.554 249.554 0.741
201806 0.501 251.989 0.664
201809 0.623 252.439 0.824
201812 0.919 251.233 1.222
201903 0.544 254.202 0.715
201906 0.482 256.143 0.628
201909 0.688 256.759 0.895
201912 1.125 256.974 1.462
202003 0.579 258.115 0.749
202006 0.577 257.797 0.747
202009 0.620 260.280 0.795
202012 1.381 260.474 1.771
202103 1.176 264.877 1.483
202106 1.079 271.696 1.326
202109 1.054 274.310 1.283
202112 1.859 278.802 2.227
202203 1.380 287.504 1.603
202206 1.135 296.311 1.279
202209 1.303 296.808 1.466
202212 1.775 296.797 1.997
202303 1.420 301.836 1.571
202306 1.163 305.109 1.273
202309 1.368 307.789 1.484
202312 1.999 306.746 2.176
202403 1.408 312.332 1.505
202406 1.301 314.175 1.383
202409 0.874 315.301 0.926
202412 2.292 315.605 2.425
202503 1.526 319.799 1.594
202506 1.361 322.561 1.409
202509 1.576 324.800 1.620
202512 2.425 324.054 2.499
202603 1.739 330.213 1.759
202606 1.753 333.952 1.753

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 58.00 mean?
Apple (CHIX:APCD) has a Shiller PE Ratio of 58.00 as of Aug. 14, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Apple and its competitors. This is 36% above median its historical median of 42.72. Over the past decade, Apple's Shiller PE Ratio has ranged from 20.59 to 62.31. According to the industry distribution chart, Apple ranks #956 out of 1423 companies in the Hardware industry, placing it in the top 67.2%.
Is Apple's Shiller PE Ratio too high?
Apple's current Shiller PE Ratio of 58.00 is 36% above median its 10-year median of 42.72. Over the past 10 years, this metric has ranged from a low of 20.59 to a high of 62.31. The Hardware industry median Shiller PE Ratio is 30.28. Apple's value of 58.00 is 91.5% above this industry median. Based on the distribution chart, Apple ranks #956 out of 1423 companies in the Hardware industry, which is below the industry midpoint. Overall, Apple has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apple's Shiller PE Ratio compare to SONO and TBCH?
According to the Hardware industry distribution chart, Apple ranks #956 out of 1423 companies for Shiller PE Ratio. This places Apple in the lower half of its industry. The industry median Shiller PE Ratio is 30.28. Apple's value of 58.00 is 91.5% above this benchmark. Historically, Apple's own Shiller PE Ratio has ranged from 20.59 to 62.31 over the past decade. While the company's 10-year median is 42.72 vs. the industry median of 30.28, 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 Shiller PE Ratio for a Hardware company?
The median Shiller PE Ratio among Hardware companies is 30.28, based on 1,423 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apple's current Shiller PE Ratio of 58.00 is 91.5% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Apple and its competitors. For the Hardware industry, the median Shiller PE Ratio is 30.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apple's current Shiller PE Ratio is 58.00, which is 36% above median its own 10-year median of 42.72. 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 (CHIX:APCD) is currently considered Modestly Overvalued. The stock's GF Value™ is €255.89, compared to a current price of €301.00 — trading 17.6% above its estimated fair value. The current Shiller PE Ratio is 58.00, which is 36% above median its 10-year median of 42.72 and 91.5% above the Hardware industry median of 30.28. Apple's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Apple (CHIX:APCD), the current Shiller PE Ratio is 58.00 as of Aug. 14, 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 (CHIX:APCD) Overvalued in 2026?

Based on GuruFocus' analysis, Apple stock appears to be overvalued. The current stock price of €301.00 is trading 17.6% above its estimated GF Value™ of €255.89. GuruFocus considers Apple to be Modestly Overvalued.

Key valuation signals for CHIX:APCD:

  • Shiller PE Ratio: 58.00 (36% above median its 10-year median of 42.72)
  • GF Value™: €255.89 vs. price of €301.00 (17.6% above fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 91.5% above the Hardware median (#956 of 1423)

No single metric tells the full story. See the CHIX:APCD 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.
92GF Score

Get the complete analysis for CHIX:APCD

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€301.00
Price
€255.89
GF Value