Apple Earnings and Valuation Compared to Industry Peers

Apple is evaluated against its competitors in the Technology Hardware, Storage & Peripherals industry. Apple's P/E ratio is 33.09, P/B ratio is 47.5, and P/S ratio is 8.07. The company has a higher Return on Equity (ROE) of 37.11%, but is considered overvalued based on its P/B and P/S ratios. Apple is trading at a higher multiple compared to its industry peers and might be considered overvalued based on sales performance.