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Apollo Global Management (FRA:N7I) Cyclically Adjusted PB Ratio : 13.20 (As of May. 17, 2024)


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What is Apollo Global Management Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Apollo Global Management's current share price is €103.85. Apollo Global Management's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.87. Apollo Global Management's Cyclically Adjusted PB Ratio for today is 13.20.

The historical rank and industry rank for Apollo Global Management's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:N7I' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.97   Med: 5.42   Max: 13.5
Current: 13.5

During the past years, Apollo Global Management's highest Cyclically Adjusted PB Ratio was 13.50. The lowest was 2.97. And the median was 5.42.

FRA:N7I's Cyclically Adjusted PB Ratio is ranked worse than
98.18% of 933 companies
in the Asset Management industry
Industry Median: 0.79 vs FRA:N7I: 13.50

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Apollo Global Management's adjusted book value per share data for the three months ended in Mar. 2024 was €21.648. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €7.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apollo Global Management Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Apollo Global Management's Cyclically Adjusted PB 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 Global Management Cyclically Adjusted PB Ratio Chart

Apollo Global Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.48 5.51 7.35 6.95 10.96

Apollo Global Management Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 7.02 8.73 10.47 10.96 13.16

Competitive Comparison of Apollo Global Management's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Apollo Global Management's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Global Management's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Apollo Global Management's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Apollo Global Management's Cyclically Adjusted PB Ratio falls into.



Apollo Global Management Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Apollo Global Management's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=103.85/7.87
=13.20

* 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 Global Management's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Apollo Global Management's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=21.648/131.7762*131.7762
=21.648

Current CPI (Mar. 2024) = 131.7762.

Apollo Global Management Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.264 100.560 14.761
201409 9.679 100.428 12.700
201412 8.886 99.070 11.820
201503 9.118 99.621 12.061
201506 3.828 100.684 5.010
201509 3.564 100.392 4.678
201512 3.293 99.792 4.348
201603 2.690 100.470 3.528
201606 3.313 101.688 4.293
201609 3.487 101.861 4.511
201612 4.269 101.863 5.523
201703 4.548 102.862 5.826
201706 4.422 103.349 5.638
201709 4.617 104.136 5.842
201712 5.186 104.011 6.570
201803 4.026 105.290 5.039
201806 4.229 106.317 5.242
201809 4.574 106.507 5.659
201812 3.588 105.998 4.461
201903 3.372 107.251 4.143
201906 3.643 108.070 4.442
201909 4.942 108.329 6.012
201912 5.239 108.420 6.368
202003 0.010 108.902 0.012
202006 1.452 108.767 1.759
202009 1.987 109.815 2.384
202012 3.143 109.897 3.769
202103 5.002 111.754 5.898
202106 6.496 114.631 7.468
202109 7.252 115.734 8.257
202112 11.503 117.630 12.886
202203 17.501 121.301 19.012
202206 6.095 125.017 6.425
202209 -2.362 125.227 -2.486
202212 10.991 125.222 11.566
202303 12.378 127.348 12.808
202306 12.498 128.729 12.794
202309 11.631 129.860 11.803
202312 20.425 129.419 20.797
202403 21.648 131.776 21.648

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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 Global Management  (FRA:N7I) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Apollo Global Management Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Apollo Global Management's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Apollo Global Management (FRA:N7I) Business Description

Traded in Other Exchanges
Address
9 West 57th Street, 42nd Floor, New York, NY, USA, 10019
Apollo Global Management Inc is an alternative investment manager. It serves various sectors such as chemicals, manufacturing and industrial, natural resources, consumer and retail, consumer services, business services, financial services, leisure, and media and telecom and technology. The company operates in three business segments that are Asset Management, Retirement Services, and Principal Investing. It generates maximum revenue from the Retirement Services segment.

Apollo Global Management (FRA:N7I) Headlines

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