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Apple Inc. (AAPL) Price / Book

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Apple Inc. Price/Book Ratio

The price-to-book (P/B) ratio compares what the stock market says a company is worth with what the company's own books say it is worth. It is market capitalization divided by shareholder equity, the book value left after subtracting liabilities from assets, and the table shows both amounts. A ratio of 1.0 means market value equals book value; a higher ratio means investors value the company above its net assets, often for brands, software or expected growth the books do not record. A negative ratio means equity is negative. Each point uses the filed share count and the last closing price on or before the equity's reporting date, never today's price.

  • Apple Inc. price/book ratio for the quarter ending 2026-06-27 was 38.22, a 15.76% decline year-over-year.
  • Apple Inc. price/book ratio for the quarter ending 2026-03-28 was 34.26, a 29.71% decline year-over-year.
  • Apple Inc. price/book ratio for the quarter ending 2025-12-27 was 45.58, a 20.85% decline year-over-year.
  • Apple Inc. price/book ratio for the quarter ending 2025-09-27 was 51.18, a 15.35% decline year-over-year.
  • Apple Inc. price/book ratio for fiscal 2026 was 38.22.
  • Apple Inc. price/book ratio for fiscal 2025 was 45.58, a 20.85% decline from fiscal 2024.
  • Apple Inc. price/book ratio for fiscal 2024 was 57.59, a 43.36% increase from fiscal 2023.
  • Apple Inc. price/book ratio for fiscal 2023 was 40.17, a 10.70% increase from fiscal 2022.
Available history
2008-09-27 to 2026-06-27
Data captured

Historical Price/Book Ratio

DatePrice/Book RatioMarket capitalizationShareholder equity
2026-06-2738.22$4.11T$107.52B
2026-03-2834.26$3.65T$106.49B
2025-12-2745.58$4.02T$88.19B
2025-09-2751.18$3.77T$73.73B
2025-06-2845.37$2.99T$65.83B
2025-03-2948.73$3.26T$66.8B
2024-12-2857.59$3.84T$66.76B
2024-09-2860.46$3.44T$56.95B
2024-06-2948.06$3.21T$66.71B
2024-03-3035.45$2.63T$74.19B
2023-12-3040.17$2.98T$74.1B
2023-09-3042.84$2.66T$62.15B
2023-07-0150.36$3.04T$60.27B
2023-04-0141.71$2.59T$62.16B
2022-12-3136.29$2.06T$56.73B
2022-09-2447.33$2.4T$50.67B
2022-06-2539.24$2.28T$58.11B
2022-03-2642.02$2.83T$67.4B
2021-12-2540.05$2.88T$71.93B
2021-09-2538.25$2.41T$63.09B
2021-06-2634.29$2.2T$64.28B
2021-03-2729.24$2.02T$69.18B
2020-12-2633.53$2.22T$66.22B
2020-09-2629.17$1.91T$65.34B
2020-06-275.24$378.73B$72.28B
2020-03-283.41$267.81B$78.43B
2019-12-283.55$317.69B$89.53B
2019-09-2810.74$972.27B$90.49B
2019-06-292.32$224.21B$96.46B
2019-03-302.07$218.79B$105.86B
2018-12-291.57$184.73B$117.89B
2018-09-292.5$268.35B$107.15B
2018-06-301.95$224.12B$114.95B
2018-03-311.63$207.35B$126.88B
2017-12-301.53$214.99B$140.2B
2017-09-301.47$197.51B$134.05B
2017-07-011.41$186.14B$132.43B
2017-04-011.39$186.97B$134.08B
2016-12-311.15$152.17B$132.39B
2016-09-241.17$150.36B$128.25B
2016-06-251$125.93B$126.54B
2016-03-261.11$144.73B$130.46B
2015-12-261.17$149.74B$128.27B
2015-09-261.34$159.98B$119.36B
2015-06-271.44$180.79B$125.68B
2015-03-281.38$177.55B$129.01B
2014-12-271.35$166.04B$123.33B
2014-09-271.32$147.75B$111.55B
2014-06-281.14$137.72B$120.94B
2014-03-290$16.52M$120.18B
2013-12-280.14$17.85B$129.68B
2013-09-280.88$108.52B$123.55B
2013-06-290.1$12.87B$123.35B
2013-03-300.11$14.86B$135.49B
2012-12-290.13$17.09B$127.35B
2012-09-290.19$22.38B$118.21B
2012-06-300.17$19.55B$111.75B
2012-03-310.2$20.02B$102.5B
2011-12-310.15$13.48B$90.05B
2011-09-240.18$13.42B$76.62B
2011-06-250.16$10.8B$69.34B
2011-03-260.19$11.61B$61.48B
2010-12-250.19$10.64B$54.67B
2010-09-250.2$9.56B$47.79B
2010-06-260.2$8.7B$43.11B
2010-03-270.19$7.5B$39.35B
2009-12-260.19$6.77B$35.77B
2009-09-260.19$5.86B$31.64B
2009-06-270.18$4.56B$25.89B
2008-09-270.18$4.07B$22.3B

Annual Price/Book Ratio

DatePrice/Book RatioMarket capitalizationShareholder equity
2026-06-2738.22$4.11T$107.52B
2025-12-2745.58$4.02T$88.19B
2024-12-2857.59$3.84T$66.76B
2023-12-3040.17$2.98T$74.1B
2022-12-3136.29$2.06T$56.73B
2021-12-2540.05$2.88T$71.93B
2020-12-2633.53$2.22T$66.22B
2019-12-283.55$317.69B$89.53B
2018-12-291.57$184.73B$117.89B
2017-12-301.53$214.99B$140.2B
2016-12-311.15$152.17B$132.39B
2015-12-261.17$149.74B$128.27B
2014-12-271.35$166.04B$123.33B
2013-12-280.14$17.85B$129.68B
2012-12-290.13$17.09B$127.35B
2011-12-310.15$13.48B$90.05B
2010-12-250.19$10.64B$54.67B
2009-12-260.19$6.77B$35.77B
2008-09-270.18$4.07B$22.3B