Book value

Why Apple’s book value is irrelevant (NASDAQ:AAPL)

Not a day goes by without Apple (NASDAQ: AAPL) carries to offer a new argument as to why Apple is not a good bet. One of these new arguments is that Apple’s price-to-book ratio is too high. Currently, Apple’s book value per share is around $110, giving us a price-to-book ratio of just over 5. […]