Apple (AAPL) concluded the recent trading session at $213.49, signifying a +1.82% move from its prior day's close.

whereas Apple remains largely dependent on the iPhone—a product now facing market saturation. The PEG ratio, in particular, exceeds 2, indicating a high valuation relative to earnings growth.

In the latest market close, Apple (AAPL) reached $239.07, with a +1.59% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.55%. On the other ...

But Apple is now trading with a forward P/E of 32.3%. And Apple has a PEG ratio, which measures the P/E divided by growth, of 2.4. A PEG ratio under 1.0 indicates a company has both value and growth.