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Apollo Commercial Real Estate Finance (Apollo Commercial Real Estate Finance) Shiller PE Ratio

: 6.96 (As of Today)
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As of today (2024-04-20), Apollo Commercial Real Estate Finance's current share price is $10.72. Apollo Commercial Real Estate Finance's E10 for the quarter that ended in Dec. 2023 was $1.54. Apollo Commercial Real Estate Finance's Shiller PE Ratio for today is 6.96.

The historical rank and industry rank for Apollo Commercial Real Estate Finance's Shiller PE Ratio or its related term are showing as below:

ARI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.59   Med: 7.47   Max: 12.69
Current: 6.96

During the past years, Apollo Commercial Real Estate Finance's highest Shiller PE Ratio was 12.69. The lowest was 3.59. And the median was 7.47.

ARI's Shiller PE Ratio is ranked better than
77.93% of 444 companies
in the REITs industry
Industry Median: 11.31 vs ARI: 6.96

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.

Apollo Commercial Real Estate Finance's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.294. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apollo Commercial Real Estate Finance Shiller PE Ratio Historical Data

The historical data trend for Apollo Commercial Real Estate Finance'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.

Apollo Commercial Real Estate Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.61 7.48 8.35 6.64 7.64

Apollo Commercial Real Estate Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 6.64 5.69 7.27 6.48 7.64

Competitive Comparison

For the REIT - Mortgage subindustry, Apollo Commercial Real Estate Finance'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.


Apollo Commercial Real Estate Finance Shiller PE Ratio Distribution

For the REITs industry and Real Estate sector, Apollo Commercial Real Estate Finance's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Apollo Commercial Real Estate Finance's Shiller PE Ratio falls into.



Apollo Commercial Real Estate Finance 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.

Apollo Commercial Real Estate Finance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=10.72/1.54
=6.96

* 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.

Apollo Commercial Real Estate Finance's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Apollo Commercial Real Estate Finance's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.294/129.4194*129.4194
=0.294

Current CPI (Dec. 2023) = 129.4194.

Apollo Commercial Real Estate Finance Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.420 99.695 0.545
201406 0.510 100.560 0.656
201409 0.370 100.428 0.477
201412 0.420 99.070 0.549
201503 0.470 99.621 0.611
201506 0.390 100.684 0.501
201509 0.390 100.392 0.503
201512 0.320 99.792 0.415
201603 0.180 100.470 0.232
201606 0.060 101.688 0.076
201609 0.830 101.861 1.055
201612 0.600 101.863 0.762
201703 0.410 102.862 0.516
201706 0.280 103.349 0.351
201709 0.540 104.136 0.671
201712 0.320 104.011 0.398
201803 0.380 105.290 0.467
201806 0.390 106.317 0.475
201809 0.400 106.507 0.486
201812 0.340 105.998 0.415
201903 0.430 107.251 0.519
201906 0.370 108.070 0.443
201909 0.160 108.329 0.191
201912 0.420 108.420 0.501
202003 -0.860 108.902 -1.022
202006 0.360 108.767 0.428
202009 0.310 109.815 0.365
202012 0.210 109.897 0.247
202103 0.370 111.754 0.428
202106 0.420 114.631 0.474
202109 0.380 115.734 0.425
202112 0.240 117.630 0.264
202203 0.080 121.301 0.085
202206 0.440 125.017 0.455
202209 1.130 125.227 1.168
202212 -0.060 125.222 -0.062
202303 0.320 127.348 0.325
202306 -0.620 128.729 -0.623
202309 0.300 129.860 0.299
202312 0.294 129.419 0.294

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.


Apollo Commercial Real Estate Finance  (NYSE:ARI) 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.


Apollo Commercial Real Estate Finance Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Apollo Commercial Real Estate Finance's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Apollo Commercial Real Estate Finance (Apollo Commercial Real Estate Finance) Business Description

Traded in Other Exchanges
Address
c/o Apollo Global Management, Inc, 9 West 57th Street, 42nd Floor, New York, NY, USA, 10019
Apollo Commercial Real Estate Finance Inc is a real estate investment trust that primarily originates, invests in, acquires, and manages commercial first-mortgage loans, subordinate financings, commercial mortgage-backed securities, and other real estate-related debt investments. The subordinate loans and first-mortgage loans account for the vast majority of the portfolio on a cost basis. Property types include residential, retail, healthcare, office, mixed-use, hotel, industrial, multifamily, securities, and other, with residential properties and hotels representing the highest property value. More than a third of the properties are located in New York City, with the other properties located across other regions of the United States, as well as other countries.
Executives
Stuart Rothstein officer: CFO, Treasurer and Secretary 2180 SAND HILL RD, STE 200, MENLO PARK CA 94025
Mark C Biderman director NATIONAL FINANCIAL PARTNERS CORP, 340 MADISON AVENUE, 19TH FL, NEW YORK NY 10173
Pamela G Carlton director 901 S. MARQUETTE AVENUE, MINNEAPOLIS MN 55402
Robert A Kasdin director 239 CENTRAL PARK WEST, APT 3A, NEW YORK NY 10024
Anastasia G. Mironova officer: CFO, Secretary & Treasurer 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Whonder Carmencita N.m. director 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Eric Press director 1301 AVENUE OF THE AMERICA 38TH FLOOR, NEW YORK NY 10019
Jai Agarwal officer: CFO, Treasurer and Secretary 601 LEXINGTON AVE, 26TH FLOOR, NEW YORK NY 10022
Katherine G. Newman director C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Michael Salvati director
Brenna Haysom Romando director 36 BLOOMS CORNERS ROAD, WARWICK NY 10990
Jeffrey M Gault director MORGANS HOTEL GROUP CO., 475 TENTH AVENUE, NEW YORK NY 10018
Scott Prince director 9 W 57TH STREET, NEW YORK NY 10019
Investment Authority Qatar 10 percent owner P.O. BOX 23224, DOHA S3 QATAR
Cindy Z Michel director C/O APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, NEW YORK NY 10019