Price Over Earnings Overview: Apple - Apple (NASDAQ:AAPL)
In the current session, the stock is trading at $233.51, after a 1.51% increase. Over the past month, Apple Inc. AAPL stock increased by 0.83%, and in the past year, by 7.95%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Apple P/E Compared to CompetitorsThe P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, histori ...