Chart of The Day - May 27, 2020

By: Chris Wenner in Charts 05/27/2020

The Forward P/E Ratio on AAPL has doubled year-over-year.  12x to about 24x.  It’s not to say the world’s largest company is incredibly expensive vs. the overall market: AAPL’s Forward P/E is almost identical to that of the S&P 500.  But when looking at AAPL vs. itself, it does appear to be very expensive.  Other AAPL metrics that are significantly higher year-over-year:  price/book, price/sales, price/free cash flow, EV/sales, EV/EBITDA.

CW

 

By: Chris Wenner

Managing Director

Jonathan Molchan

Wennco's innovative strategies and robust OCIO capabilities are designed for RIAs, Family Offices, and high-net-worth individuals.

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