Jim Cramer: Apple Trades at a Lower Multiple Than Procter & Gamble

With all of the growth in Apple (17% revenue growth in its most recent quarter), the stock is still trading at a lower multiple than Procter & Gamble, which has only 1% organic growth.
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With all of the growth in Apple (AAPL) - Get Report (17% revenue growth in its most recent quarter), the stock is still trading at a lower multiple than Procter & Gamble (PG) - Get Report , which has only 1% organic growth.

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer analyzes this disparity in a Real Money column Wednesday.