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Apple never had a high multiple at any point after 2009, when the most profitable product of all time was established and growing. This is the last 15 years of
by IBM 8y ago
Apple never had a high multiple at any point after 2009, when the most profitable product of all time was established and growing.
This is the last 15 years of AAPL against it's P/E NTM
https://i.imgur.com/zW6ORJK.png https://i.imgur.com/zW6ORJK.png
- GeekyBear 8y agoOne interesting analysis shows that if you bought Apple stock in 2009, Apple's earnings per share had equaled what you paid for that share of stock after only three years. http://www.asymco.com/2012/10/12/what-is-apples-realized-pe-ratio/ http://www.asymco.com/2012/10/12/what-is-apples-realized-pe-... Yet the stock's PE ratio was still remarkably low in that period, fluctuating in the 10 to 20 range.