AAPL PB in the latest year

Apple's Price to Book Ratio as of 20240228 is 37.81. This is the latest data available. As the ratio has decreased from the previous year, it suggests that the market value of Apple's shares is decreasing in relation to the book value of its assets. However, the ratio is still relatively high compared to historical averages, indicating that the company is still considered to be worth more than its book value.