From that perspective, it may be easier to understand and justify AAPL’s high P/E ratio. Let’s set Apple aside ... in 2023 and +10% in 2024. Yet, shares trade at a current-year P/E of about ...

1 Day AAPL -3.90% DJIA 1.43% S&P 500 1.54% Technology 3.00% The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum ...

Apple stock ... AAPL trades at a P/E of 32x, which is elevated. But COST is in a league of its own: current-year P/E of about 40x! Outstanding share price performance (see chart below).