Price to Sales (P/S)
since 2005
Calculation
Apple Inc., P/S, long-term trends, calculation
| P/S | = | Share price1, 2, 3 | ÷ | Sales per share1 | Sales per share1 | = | Net sales1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 1, 2024 | 8.62 | = | 222.91 | ÷ | 25.87 | 25.87 | = | 391,035 | ÷ | 15,115,823,000 | |
| Nov 3, 2023 | 7.17 | = | 176.65 | ÷ | 24.64 | 24.64 | = | 383,285 | ÷ | 15,552,752,000 | |
| Oct 28, 2022 | 6.28 | = | 155.74 | ÷ | 24.79 | 24.79 | = | 394,328 | ÷ | 15,908,118,000 | |
| Oct 29, 2021 | 6.72 | = | 149.80 | ÷ | 22.30 | 22.30 | = | 365,817 | ÷ | 16,406,397,000 | |
| Oct 30, 2020 | 6.74 | = | 108.86 | ÷ | 16.15 | 16.15 | = | 274,515 | ÷ | 17,001,802,000 | |
| Oct 31, 2019 | 4.25 | = | 62.19 | ÷ | 14.64 | 14.64 | = | 260,174 | ÷ | 17,773,060,000 | |
| Nov 5, 2018 | 3.60 | = | 50.40 | ÷ | 13.99 | 13.99 | = | 265,595 | ÷ | 18,981,592,000 | |
| Nov 3, 2017 | 3.86 | = | 43.13 | ÷ | 11.16 | 11.16 | = | 229,234 | ÷ | 20,537,248,000 | |
| Oct 26, 2016 | 2.86 | = | 28.90 | ÷ | 10.11 | 10.11 | = | 215,639 | ÷ | 21,329,252,000 | |
| Oct 28, 2015 | 2.85 | = | 29.82 | ÷ | 10.48 | 10.48 | = | 233,715 | ÷ | 22,301,324,000 | |
| Oct 27, 2014 | 3.37 | = | 26.28 | ÷ | 7.79 | 7.79 | = | 182,795 | ÷ | 23,459,360,000 | |
| Oct 30, 2013 | 2.76 | = | 18.75 | ÷ | 6.78 | 6.78 | = | 170,910 | ÷ | 25,192,664,000 | |
| Oct 31, 2012 | 3.58 | = | 21.26 | ÷ | 5.94 | 5.94 | = | 156,508 | ÷ | 26,339,376,000 | |
| Oct 26, 2011 | 3.44 | = | 14.31 | ÷ | 4.16 | 4.16 | = | 108,249 | ÷ | 26,023,452,000 | |
| Oct 27, 2010 | 4.33 | = | 11.00 | ÷ | 2.54 | 2.54 | = | 65,225 | ÷ | 25,684,598,772 | |
| Oct 27, 2009 | 4.87 | = | 7.05 | ÷ | 1.45 | 1.45 | = | 36,537 | ÷ | 25,218,997,244 | |
| Nov 5, 2008 | 2.83 | = | 3.69 | ÷ | 1.30 | 1.30 | = | 32,479 | ÷ | 24,890,183,444 | |
| Nov 15, 2007 | 5.99 | = | 5.87 | ÷ | 0.98 | 0.98 | = | 24,006 | ÷ | 24,515,127,672 | |
| Dec 29, 2006 | 3.77 | = | 3.03 | ÷ | 0.80 | 0.80 | = | 19,315 | ÷ | 24,059,665,196 | |
| Dec 1, 2005 | 4.34 | = | 2.56 | ÷ | 0.59 | 0.59 | = | 13,931 | ÷ | 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/S, long-term trends, comparison to competitors
| Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|
| Nov 1, 2024 | 8.62 | — | 3.64 | — |
| Nov 3, 2023 | 7.17 | 14.16 | 4.04 | 1.90 |
| Oct 28, 2022 | 6.28 | 9.89 | 3.62 | 0.70 |
| Oct 29, 2021 | 6.72 | 13.57 | 4.96 | 0.51 |
| Oct 30, 2020 | 6.74 | 10.24 | 3.52 | 0.43 |
| Oct 31, 2019 | 4.25 | 7.09 | 3.96 | 0.32 |
| Nov 5, 2018 | 3.60 | 9.29 | 4.38 | 0.33 |
| Nov 3, 2017 | 3.86 | 11.20 | 3.28 | 0.40 |
| Oct 26, 2016 | 2.86 | 7.49 | 3.20 | 0.47 |
| Oct 28, 2015 | 2.85 | 5.52 | 2.71 | 0.65 |
| Oct 27, 2014 | 3.37 | 7.82 | 2.69 | 0.82 |
| Oct 30, 2013 | 2.76 | — | 2.66 | 0.48 |
| Oct 31, 2012 | 3.58 | — | 2.19 | 0.54 |
| Oct 26, 2011 | 3.44 | — | 2.03 | 0.54 |
| Oct 27, 2010 | 4.33 | — | 3.02 | 0.51 |
| Oct 27, 2009 | 4.87 | — | 3.70 | 0.55 |
| Nov 5, 2008 | 2.83 | — | 3.33 | 0.62 |
| Nov 15, 2007 | 5.99 | — | 5.59 | 0.61 |
| Dec 29, 2006 | 3.77 | — | 4.87 | — |
| Dec 1, 2005 | 4.34 | — | 4.60 | — |
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/S, long-term trends, comparison to sector (technology hardware & equipment)
| Apple Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Nov 1, 2024 | 8.62 | — |
| Nov 3, 2023 | 7.17 | 6.78 |
| Oct 28, 2022 | 6.28 | 5.95 |
| Oct 29, 2021 | 6.72 | 6.51 |
| Oct 30, 2020 | 6.74 | 6.22 |
| Oct 31, 2019 | 4.25 | 4.18 |
| Nov 5, 2018 | 3.60 | 3.73 |
| Nov 3, 2017 | 3.86 | 3.78 |
| Oct 26, 2016 | 2.86 | 2.92 |
| Oct 28, 2015 | 2.85 | 2.81 |
| Oct 27, 2014 | 3.37 | 3.23 |
| Oct 30, 2013 | 2.76 | 2.73 |
| Oct 31, 2012 | 3.58 | 3.25 |
| Oct 26, 2011 | 3.44 | 3.02 |
| Oct 27, 2010 | 4.33 | 3.81 |
| Oct 27, 2009 | 4.87 | 4.26 |
| Nov 5, 2008 | 2.83 | 3.08 |
| Nov 15, 2007 | 5.99 | 5.72 |
| Dec 29, 2006 | 3.77 | 4.43 |
| Dec 1, 2005 | 4.34 | 4.50 |
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/S, long-term trends, comparison to industry (information technology)
| Apple Inc. | Information Technology | |
|---|---|---|
| Nov 1, 2024 | 8.62 | — |
| Nov 3, 2023 | 7.17 | 7.87 |
| Oct 28, 2022 | 6.28 | 6.47 |
| Oct 29, 2021 | 6.72 | 7.49 |
| Oct 30, 2020 | 6.74 | 6.63 |
| Oct 31, 2019 | 4.25 | 5.03 |
| Nov 5, 2018 | 3.60 | 4.30 |
| Nov 3, 2017 | 3.86 | 4.18 |
| Oct 26, 2016 | 2.86 | 3.45 |
| Oct 28, 2015 | 2.85 | 3.02 |
| Oct 27, 2014 | 3.37 | 3.29 |
| Oct 30, 2013 | 2.76 | 2.84 |
| Oct 31, 2012 | 3.58 | 2.88 |
| Oct 26, 2011 | 3.44 | 2.84 |
| Oct 27, 2010 | 4.33 | 3.05 |
| Oct 27, 2009 | 4.87 | 3.11 |
| Nov 5, 2008 | 2.83 | 2.41 |
| Nov 15, 2007 | 5.99 | 5.78 |
| Dec 29, 2006 | 3.77 | 5.20 |
| Dec 1, 2005 | 4.34 | 5.61 |
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).