Apple’s P/E has been pretty stable since 2008. Moreover, the average P/E of the S&P has been higher than Apple’s over this period as well. Apple hasn’t been a g

Apple’s P/E has been pretty stable since 2008. Moreover, the average P/E of the S&P has been higher than Apple’s over this period as well. Apple hasn’t been a growth company (in Wall St’s eyes at least) for a long time.