Benzinga has published an analysis comparing Apple Inc. (NASDAQ: AAPL) against competitors in the Technology Hardware, Storage & Peripherals industry. The report details Apple's financial metrics, including its Price to Earnings (P/E) ratio, Price to Book (P/B) ratio, and Return on Equity (ROE).
According to the data provided, Apple’s P/E ratio is 38.55, which is 1.01 times the industry norm. The company’s P/B ratio is 45.62, or 2.64 times the industry average, while its P/S ratio is 10.64, or 1.82 times the industry average. These figures suggest the stock is trading at a higher valuation multiple compared to its peers.
In terms of profitability, Apple reports an EBITDA of $39.02 billion, which is 24.09 times the industry average, and gross profit of $54.77 billion, which is 27.94 times the industry average. The company’s Return on Equity (ROE) is 27.84%, which is 7.36% above the industry average. However, Apple’s revenue growth is reported at 16.36%, which is significantly below the industry average of 60.55%.
The analysis also compares Apple’s financial health using the debt-to-equity (D/E) ratio. The report states that Apple has a D/E ratio of 0.78, which it describes as a stronger financial position compared to its top four peers in the industry.
