Apple Inc. (NASDAQ: AAPL) is compared against other companies in the Technology Hardware, Storage & Peripherals industry in a recent analysis. The report highlights Apple's position relative to competitors such as SanDisk, Seagate Technology, Western Digital, and Hewlett Packard Enterprise.
According to the data, Apple has a Price to Earnings (P/E) ratio of 37.27, which is lower than the industry average. However, the Price to Book (P/B) ratio is 44.11, which is 2.74 times the industry average. The Price to Sales (P/S) ratio is 10.29, or 1.89 times the industry average.
In terms of profitability, Apple reports an EBITDA of $39.02 billion and gross profit of $54.77 billion. Both figures are significantly higher than the industry average, with EBITDA being 24.85 times higher and gross profit being 27.66 times higher. The Return on Equity (ROE) is 27.84%, which is 7.2% above the industry average.
Conversely, the company's revenue growth is reported at 16.36%, which is lower than the industry average of 56.71%. Regarding financial health, Apple has a debt-to-equity ratio of 0.78, which is lower than its top four peers in the sector, suggesting a reliance on less debt financing.
