What is the forward PE for AAPL?

What is the forward PE for AAPL?

Valuation Measures 4

As of Date: 2/10/2022 Current 12/31/2020
Forward P/E 28.82 33.44
PEG Ratio (5 yr expected) 3.34 3.33
Price/Sales (ttm) 7.61 8.47
Price/Book (mrq) 39.05 34.16

Should forward PE be lower than trailing PE?

If the forward PE ratio is lower than the trailing PE ratio, it means analysts are expecting earnings to increase and vice versa if the forward PE ratio is higher than the trailing PE ratio than analysts expect a decrease in earnings.

What is Apple’s PE ratio 2020?

Compare AAPL With Other Stocks

Apple PE Ratio Historical Data
Date Stock Price TTM Net EPS
2020-09-30 114.76 $3.26
2020-06-30 90.20 $3.29
2020-03-31 62.71 $3.19

Why is Apple PE ratio so high?

The P/E is probably high because investors think this strong earnings performance will continue. If not, then existing shareholders might be a little nervous about the viability of the share price. The chart above shows us that the company is valued more expensively than both the market and sector.

Should I use forward or trailing PE?

The forward P/E ratio is favored by analysts who believe that investment decisions are better made based on estimates of a company’s future rather than past performance. Estimates used for the forward P/E ratio can come from either a company’s earnings release or from analysts.

Do you want a high or low forward PE ratio?

In general, a high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. A low P/E can indicate either that a company may currently be undervalued or that the company is doing exceptionally well relative to its past trends.

Does Apple have a high PE ratio?

During the past 13 years, the highest PE Ratio of Apple was 37.84. The lowest was 9.32. And the median was 15.62.

What is Microsoft PE ratio?

Microsoft PE ratio as of February 18, 2022 is 32.78.

What is Apple’s trailing P/E ratio?

Apple’s trailing price-to-earnings, or P/E, ratio steadily climbed this year alongside its stock price. Apple began the year with a trailing P/E ratio just over 13, according to FactSet, below its five-year average of 16.2, before finishing 2019 at 24.7, its highest point since 2010.

Why not use both the trailing and forward P/E?

The fact that the EPS number remains constant, while the stock prices fluctuate, is also a problem. If a major company event drives the stock price significantly higher or lower, the trailing P/E will be less reflective of those changes. Instead of selecting one P/E ratio, why not use both? Sometimes the trailing and forward P/E are similar.

What is the P/E ratio of the trailing 12 months?

In this example, we are using the actual earnings (EPS) for the trailing twelve months (or TTM). A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its trailing twelve months earnings. In general, a lower number or multiple is usually considered better than a higher one.

How does Apple’s PE ratio compare to its peers?

About PE Ratio (TTM) Apple has a trailing-twelve-months P/E of 18.18X compared to the Computer – Mini computers industry’s P/E of 9.15X. Price to Earnings Ratio or P/E is price x earnings. It is the most commonly used metric for determining a company’s value relative to its earnings.