Apple (AAPL) Price to Book (2009 - 2026)
Apple's (AAPL) Price to Book stood at 44.22 in fiscal Q4 2026 (quarter ended Sep 26, 2026), down 13.6% from 51.18 a year earlier but up 14.7% from the prior quarter.
Apple (AAPL) Price to Book (2009 - 2026) Analysis & Trends
Starting with fiscal Q3 2009, Apple's Price to Book history includes 70 quarters.
- Across earlier fiscal years, Price to Book came in at 51.18 in FY2025 (-15.3%), 60.46 in FY2024 (+41.1%), 42.84 in FY2023 (-9.5%) and 47.33 in FY2022 (+23.7%).
- Quarterly Price to Book has ranged from 34.27 in fiscal Q2 2026 to 60.46 in fiscal Q4 2024 over the past five years.
- On a year-over-year basis, Price to Book has declined for six consecutive quarters, with an average decline of 2.4% over the last eight quarters.
- Peak year-over-year performance for Price to Book in the last five years was growth of 43.7% in fiscal Q2 2022, against a decline of 29.7% in fiscal Q2 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 38.56 (Q3 2026), 34.27 (Q2 2026) and 45.58 (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,064.64 Bn | 4,810.10 Bn | 54.82 Bn |
| 2 | Cisco Systems | 387.30 Bn | 323.23 Bn | 11.06 Bn |
| 3 | Arista Networks | 233.88 Bn | 183.08 Bn | 2.33 Bn |
| 4 | Dell Technologies | 213.96 Bn | 169.72 Bn | 9.83 Bn |
| 5 | Sony | 164.26 Bn | 101.68 Bn | 7.96 Bn |
| 6 | Sandisk | 123.84 Bn | 108.67 Bn | 9.38 Bn |
| 7 | Seagate Technology Holdings | 115.23 Bn | 110.07 Bn | 2.43 Bn |
| 8 | Western Digital | 108.25 Bn | 98.08 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 63.71 Bn | 41.65 Bn | 4.93 Bn |
| 10 | Garmin | 55.63 Bn | 45.19 Bn | 1.26 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 44.22 |
| Jun 27, 2026 | 38.56 |
| Mar 28, 2026 | 34.27 |
| Dec 27, 2025 | 45.58 |
| Sep 27, 2025 | 51.18 |
| Jun 28, 2025 | 45.38 |
| Mar 29, 2025 | 48.73 |
| Dec 28, 2024 | 57.59 |
| Sep 28, 2024 | 60.46 |
| Jun 29, 2024 | 48.06 |
| Mar 30, 2024 | 35.45 |
| Dec 30, 2023 | 40.17 |
| Sep 30, 2023 | 42.84 |
| Jul 1, 2023 | 50.36 |
| Apr 1, 2023 | 41.71 |
| Dec 31, 2022 | 36.29 |
| Sep 24, 2022 | 47.33 |
| Jun 25, 2022 | 39.24 |
| Mar 26, 2022 | 42.02 |
| Dec 25, 2021 | 40.05 |
Apple Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=AAPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "AAPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();