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Apple (MEX:AAPL) Shiller PE Ratio : 49.64 (As of Mar. 04, 2025)


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What is Apple Shiller PE Ratio?

As of today (2025-03-04), Apple's current share price is MXN4904.66. Apple's E10 for the quarter that ended in Dec. 2024 was MXN98.80. Apple's Shiller PE Ratio for today is 49.64.

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: 37.31   Max: 62.31
Current: 50.45

During the past years, Apple's highest Shiller PE Ratio was 62.31. The lowest was 20.59. And the median was 37.31.

MEX:AAPL's Shiller PE Ratio is ranked worse than
73.41% of 1177 companies
in the Hardware industry
Industry Median: 26.7 vs MEX:AAPL: 50.45

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 Dec. 2024 was MXN50.054. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN98.80 for the trailing ten years ended in Dec. 2024.

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
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 45.40 38.83 46.39 50.59 52.75

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.



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
=4904.66/98.80
=49.64

* 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 Dec. 2024 is calculated as:

For example, Apple's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=50.054/133.1571*133.1571
=50.054

Current CPI (Dec. 2024) = 133.1571.

Apple Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 8.880 99.621 11.869
201506 7.257 100.684 9.598
201509 8.280 100.392 10.982
201512 14.100 99.792 18.814
201603 8.177 100.470 10.837
201606 6.565 101.688 8.597
201609 8.073 101.861 10.553
201612 17.318 101.863 22.638
201703 9.885 102.862 12.796
201706 7.547 103.349 9.724
201709 9.392 104.136 12.009
201712 19.099 104.011 24.451
201803 12.399 105.290 15.681
201806 11.495 106.317 14.397
201809 13.608 106.507 17.013
201812 20.519 105.998 25.776
201903 11.930 107.251 14.812
201906 10.469 108.070 12.899
201909 14.955 108.329 18.382
201912 23.575 108.420 28.954
202003 15.007 108.902 18.350
202006 15.003 108.767 18.367
202009 16.126 109.815 19.554
202012 33.419 109.897 40.492
202103 28.617 111.754 34.098
202106 25.878 114.631 30.060
202109 25.497 115.734 29.335
202112 43.079 117.630 48.766
202203 30.265 121.301 33.223
202206 24.142 125.017 25.714
202209 25.948 125.227 27.591
202212 36.652 125.222 38.975
202303 27.398 127.348 28.648
202306 21.601 128.729 22.344
202309 25.432 129.860 26.078
202312 37.004 129.419 38.073
202403 25.392 131.776 25.658
202406 25.648 132.554 25.765
202409 19.100 133.029 19.118
202412 50.054 133.157 50.054

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.