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Apax Global Alpha (LSE:APAX) Shiller PE Ratio : 7.10 (As of May. 05, 2024)


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What is Apax Global Alpha Shiller PE Ratio?

As of today (2024-05-05), Apax Global Alpha's current share price is £1.49. Apax Global Alpha's E10 for the fiscal year that ended in Dec23 was £0.21. Apax Global Alpha's Shiller PE Ratio for today is 7.10.

The historical rank and industry rank for Apax Global Alpha's Shiller PE Ratio or its related term are showing as below:

LSE:APAX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.7   Med: 8.46   Max: 10.32
Current: 6.97

During the past 12 years, Apax Global Alpha's highest Shiller PE Ratio was 10.32. The lowest was 6.70. And the median was 8.46.

LSE:APAX's Shiller PE Ratio is ranked better than
87.06% of 765 companies
in the Asset Management industry
Industry Median: 12.8 vs LSE:APAX: 6.97

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Apax Global Alpha's adjusted earnings per share data of for the fiscal year that ended in Dec23 was £0.094. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.21 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apax Global Alpha Shiller PE Ratio Historical Data

The historical data trend for Apax Global Alpha's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apax Global Alpha Shiller PE Ratio Chart

Apax Global Alpha Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 10.55 9.69 7.78

Apax Global Alpha Semi-Annual Data
Dec12 Dec13 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.55 - 9.69 - 7.78

Competitive Comparison of Apax Global Alpha's Shiller PE Ratio

For the Asset Management subindustry, Apax Global Alpha's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apax Global Alpha's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Apax Global Alpha's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Apax Global Alpha's Shiller PE Ratio falls into.



Apax Global Alpha Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Apax Global Alpha's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.49/0.21
=7.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Apax Global Alpha's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Apax Global Alpha's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.094/129.4194*129.4194
=0.094

Current CPI (Dec23) = 129.4194.

Apax Global Alpha Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.153 99.070 0.200
201512 0.000 99.792 0.000
201612 0.105 101.863 0.133
201712 0.037 104.011 0.046
201812 0.119 105.998 0.145
201912 0.364 108.420 0.435
202012 0.299 109.897 0.352
202112 0.597 117.630 0.657
202212 -0.195 125.222 -0.202
202312 0.094 129.419 0.094

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Apax Global Alpha  (LSE:APAX) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Apax Global Alpha Shiller PE Ratio Related Terms

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Apax Global Alpha (LSE:APAX) Business Description

Traded in Other Exchanges
Address
East Wing, Trafalgar Court, P.O. Box 656, Les Banques, Saint Peter Port, GGY, GY1 3PP
Apax Global Alpha Ltd is a closed-ended investment company that invests in a diversified portfolio of private equity funds and Derived Investments. The company's investment objective is to provide shareholders with capital appreciation from its investment portfolio and regular dividends. It is targeting an annualized Total Return across economic cycles of nearly 12-15%, which includes net fees and expenses. Once fully invested, the company aims to pay an annualized dividend yield of about 5% of Net Asset Value per annum. Geographically, it derives a majority of revenue from North America.

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