As of October 15, 2024, Apple's fair value using the Ben Graham formula is $176.34 per share. This is calculated using Ben Graham formula, where EPS is $6.58 and BVPS (Book Value Per Share) is $4.13. The current price of $233.80 suggests Apple may be overvalued by this conservative metric.
Apple earnings per share (EPS) for the twelve months ending June 30, 2024, was ***$6.58***, a 10.59% growth year-over-year.
Apple's margin of safety is negative 32.6%, calculated as (Graham Number - Current Price) / Current Price. A negative margin of safety suggests the stock doesn't provide the level of safety Graham typically sought in his investments.