I'll compare Apple and Meta on key valuation metrics to see which is cheaper right now.

The shares field is in millions (not raw count), so let me fix the EPS calculation.

The column name was lost after merge. Let me fix it:

Shares outstanding here are in raw count (not millions), but the market cap is way too large. Let me check what's going on - the share counts look reasonable for Apple (~14.8B) but for Meta (~2.56B) those are also fine. The market cap calculation seems off. Let me re-examine - 294.30 × 14,768,115,000 = $4.35 trillion, which is correct for Apple. So this is right - just very large numbers. Let me display this:

The units are getting confused. Let me look at the raw share data more carefully - the column likely already represents millions:

Shares are raw counts (AAPL ~14.8B, META ~2.56B). Now let me compute proper valuation ratios:

Apple vs Meta Valuation (as of Jun 23, 2026)

Metric	AAPL	META	Cheaper
Price	$294.30	$562.20	—
Market Cap	$4.35T	$1.44T	—
TTM Revenue	$451.4B	$215.0B	—
TTM Net Income	$122.6B	$70.6B	—
P/E (TTM)	35.5x	20.4x	Meta
P/S (TTM)	9.6x	6.7x	Meta

Yes — Meta is cheaper than Apple on both earnings and revenue. Meta trades at roughly 20x TTM earnings versus Apple's ~35x, and at 6.7x sales versus Apple's 9.6x. Despite Meta's higher absolute share price ($562 vs $294), Apple's larger share count and richer multiple make Apple the more expensive stock on conventional valuation metrics.

That said, "cheaper" isn't the same as "better value" — Apple earns ~74% more than Meta on a TTM basis and trades at a premium partly reflecting that scale and the iPhone/services ecosystem quality. Meta's lower multiple partly reflects higher capex intensity (AI infrastructure) and more recent regulatory headwinds.

I'll create three charts: stock prices, P/E TTM, and P/S TTM over time.

Now let me create the three charts:

Here are the three charts (last 5 years, through Jun 23, 2026):

1. Stock Price — AAPL vs META - Both up materially since mid-2021. META rallied harder off its 2022 lows (~2x+ from the bottom), while Apple has traded more sideways to modestly higher.

2. P/E (TTM) — valuation on earnings - Apple has consistently traded above Meta on P/E. Meta's P/E spiked down to ~13x in late 2022 (during its drawdown) and has since compressed back to the low-20s. Apple's P/E has generally held 25–35x. - Today: Apple ~35x, Meta ~20x.

3. P/S (TTM) — valuation on revenue - Meta started richer (10x+ vs Apple's 7x in 2021), but the gap has fully inverted. Meta's sales multiple compressed sharply through 2022–2023 while Apple's drifted higher. - Today: Apple ~9.6x, Meta ~6.7x.

Bottom line from the charts: On both P/E and P/S, Meta has been the structurally cheaper stock since mid-2022. The price chart shows Meta's stronger rebound from the 2022 lows, but on multiples Meta remains cheaper on a relative basis across the full 5-year window.