Price to Book Value (P/BV)
since 2005
Calculation
Apple Inc., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Shareholders’ equity1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 1, 2024 | 59.17 | = | 222.91 | ÷ | 3.77 | 3.77 | = | 56,950 | ÷ | 15,115,823,000 | |
| Nov 3, 2023 | 44.21 | = | 176.65 | ÷ | 4.00 | 4.00 | = | 62,146 | ÷ | 15,552,752,000 | |
| Oct 28, 2022 | 48.89 | = | 155.74 | ÷ | 3.19 | 3.19 | = | 50,672 | ÷ | 15,908,118,000 | |
| Oct 29, 2021 | 38.96 | = | 149.80 | ÷ | 3.85 | 3.85 | = | 63,090 | ÷ | 16,406,397,000 | |
| Oct 30, 2020 | 28.33 | = | 108.86 | ÷ | 3.84 | 3.84 | = | 65,339 | ÷ | 17,001,802,000 | |
| Oct 31, 2019 | 12.21 | = | 62.19 | ÷ | 5.09 | 5.09 | = | 90,488 | ÷ | 17,773,060,000 | |
| Nov 5, 2018 | 8.93 | = | 50.40 | ÷ | 5.64 | 5.64 | = | 107,147 | ÷ | 18,981,592,000 | |
| Nov 3, 2017 | 6.61 | = | 43.13 | ÷ | 6.53 | 6.53 | = | 134,047 | ÷ | 20,537,248,000 | |
| Oct 26, 2016 | 4.81 | = | 28.90 | ÷ | 6.01 | 6.01 | = | 128,249 | ÷ | 21,329,252,000 | |
| Oct 28, 2015 | 5.57 | = | 29.82 | ÷ | 5.35 | 5.35 | = | 119,355 | ÷ | 22,301,324,000 | |
| Oct 27, 2014 | 5.53 | = | 26.28 | ÷ | 4.75 | 4.75 | = | 111,547 | ÷ | 23,459,360,000 | |
| Oct 30, 2013 | 3.82 | = | 18.75 | ÷ | 4.90 | 4.90 | = | 123,549 | ÷ | 25,192,664,000 | |
| Oct 31, 2012 | 4.74 | = | 21.26 | ÷ | 4.49 | 4.49 | = | 118,210 | ÷ | 26,339,376,000 | |
| Oct 26, 2011 | 4.86 | = | 14.31 | ÷ | 2.94 | 2.94 | = | 76,615 | ÷ | 26,023,452,000 | |
| Oct 27, 2010 | 5.91 | = | 11.00 | ÷ | 1.86 | 1.86 | = | 47,791 | ÷ | 25,684,598,772 | |
| Oct 27, 2009 | 6.39 | = | 7.05 | ÷ | 1.10 | 1.10 | = | 27,832 | ÷ | 25,218,997,244 | |
| Nov 5, 2008 | 4.37 | = | 3.69 | ÷ | 0.84 | 0.84 | = | 21,030 | ÷ | 24,890,183,444 | |
| Nov 15, 2007 | 9.90 | = | 5.87 | ÷ | 0.59 | 0.59 | = | 14,532 | ÷ | 24,515,127,672 | |
| Dec 29, 2006 | 7.30 | = | 3.03 | ÷ | 0.41 | 0.41 | = | 9,984 | ÷ | 24,059,665,196 | |
| Dec 1, 2005 | 8.09 | = | 2.56 | ÷ | 0.32 | 0.32 | = | 7,466 | ÷ | 23,597,502,544 |
Based on: 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-24), 10-K (reporting date: 2021-09-25), 10-K (reporting date: 2020-09-26), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Apple Inc. Annual Report.
Comparison to Competitors
Apple Inc., P/BV, long-term trends, comparison to competitors
| Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|
| Nov 1, 2024 | 59.17 | — | 4.31 | — |
| Nov 3, 2023 | 44.21 | 11.50 | 5.19 | 6.85 |
| Oct 28, 2022 | 48.89 | 8.87 | 4.69 | 2.54 |
| Oct 29, 2021 | 38.96 | 10.05 | 5.99 | 1.65 |
| Oct 30, 2020 | 28.33 | 7.15 | 4.57 | 1.35 |
| Oct 31, 2019 | 12.21 | 5.90 | 6.12 | 1.21 |
| Nov 5, 2018 | 8.93 | 9.33 | 5.00 | 1.33 |
| Nov 3, 2017 | 6.61 | 11.10 | 2.38 | 1.28 |
| Oct 26, 2016 | 4.81 | 7.63 | 2.48 | 1.44 |
| Oct 28, 2015 | 5.57 | 5.86 | 2.23 | 2.08 |
| Oct 27, 2014 | 5.53 | 8.22 | 2.24 | 2.56 |
| Oct 30, 2013 | 3.82 | — | 2.19 | 1.51 |
| Oct 31, 2012 | 4.74 | — | 1.97 | 1.63 |
| Oct 26, 2011 | 4.86 | — | 1.86 | 1.78 |
| Oct 27, 2010 | 5.91 | — | 2.73 | 1.64 |
| Oct 27, 2009 | 6.39 | — | 3.46 | 1.56 |
| Nov 5, 2008 | 4.37 | — | 3.83 | 2.20 |
| Nov 15, 2007 | 9.90 | — | 6.20 | 2.20 |
| Dec 29, 2006 | 7.30 | — | 5.80 | — |
| Dec 1, 2005 | 8.09 | — | 4.92 | — |
Based on: 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-24), 10-K (reporting date: 2021-09-25), 10-K (reporting date: 2020-09-26), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).
Comparison to Sector (Technology Hardware & Equipment)
Apple Inc., P/BV, long-term trends, comparison to sector (technology hardware & equipment)
| Apple Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Nov 1, 2024 | 59.17 | — |
| Nov 3, 2023 | 44.21 | 26.57 |
| Oct 28, 2022 | 48.89 | 28.02 |
| Oct 29, 2021 | 38.96 | 25.10 |
| Oct 30, 2020 | 28.33 | 19.04 |
| Oct 31, 2019 | 12.21 | 10.39 |
| Nov 5, 2018 | 8.93 | 7.79 |
| Nov 3, 2017 | 6.61 | 5.24 |
| Oct 26, 2016 | 4.81 | 4.05 |
| Oct 28, 2015 | 5.57 | 4.46 |
| Oct 27, 2014 | 5.53 | 4.43 |
| Oct 30, 2013 | 3.82 | 3.29 |
| Oct 31, 2012 | 4.74 | 3.89 |
| Oct 26, 2011 | 4.86 | 3.71 |
| Oct 27, 2010 | 5.91 | 4.38 |
| Oct 27, 2009 | 6.39 | 4.68 |
| Nov 5, 2008 | 4.37 | 4.03 |
| Nov 15, 2007 | 9.90 | 7.36 |
| Dec 29, 2006 | 7.30 | 6.24 |
| Dec 1, 2005 | 8.09 | 5.69 |
Based on: 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-24), 10-K (reporting date: 2021-09-25), 10-K (reporting date: 2020-09-26), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).
Comparison to Industry (Information Technology)
Apple Inc., P/BV, long-term trends, comparison to industry (information technology)
| Apple Inc. | Information Technology | |
|---|---|---|
| Nov 1, 2024 | 59.17 | — |
| Nov 3, 2023 | 44.21 | 11.35 |
| Oct 28, 2022 | 48.89 | 10.37 |
| Oct 29, 2021 | 38.96 | 12.40 |
| Oct 30, 2020 | 28.33 | 10.90 |
| Oct 31, 2019 | 12.21 | 8.28 |
| Nov 5, 2018 | 8.93 | 7.01 |
| Nov 3, 2017 | 6.61 | 5.46 |
| Oct 26, 2016 | 4.81 | 4.51 |
| Oct 28, 2015 | 5.57 | 4.28 |
| Oct 27, 2014 | 5.53 | 4.33 |
| Oct 30, 2013 | 3.82 | 3.49 |
| Oct 31, 2012 | 4.74 | 3.75 |
| Oct 26, 2011 | 4.86 | 3.99 |
| Oct 27, 2010 | 5.91 | 4.18 |
| Oct 27, 2009 | 6.39 | 4.33 |
| Nov 5, 2008 | 4.37 | 4.05 |
| Nov 15, 2007 | 9.90 | 8.74 |
| Dec 29, 2006 | 7.30 | 7.28 |
| Dec 1, 2005 | 8.09 | 7.45 |
Based on: 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-24), 10-K (reporting date: 2021-09-25), 10-K (reporting date: 2020-09-26), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).