3 ms·
A bit off-topic. I've noticed that P/E ratio (Price / Earnings) is pretty decent for Apple and it doesn't change much. In fact, since 2009 till today P/E stays
by hal9000xp 8y ago
A bit off-topic. I've noticed that P/E ratio (Price / Earnings) is pretty decent for Apple and it doesn't change much. In fact, since 2009 till today P/E stays in corridor between ~10 and ~20. What it means is that $1TB market cap is relatively cheap price for Apple. Their stock price merely reflects growing net income, so their EPS (Earning Per Share) growing steadily over years:
https://www.macrotrends.net/stocks/charts/AAPL/apple/pe-ratio https://www.macrotrends.net/stocks/charts/AAPL/apple/pe-rati...