Apollo Global Management (XSWX:APO) Cyclically Adjusted PS Ratio: 4.22 (As of Jul. 11, 2026) — 11% Above Median


XSWX:APO Apollo Global Management Inc XSWX:APO
75 GF Score
Price CHF97.67
GF Value CHF107.86
! 5 Warning Signs
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What is Apollo Global Management Cyclically Adjusted PS Ratio?

Apollo Global Management XSWX:APO +0.96% 75 Cyclically Adjusted PS Ratio is 4.22 as of Jul. 11, 2026, which is 11% above its 10-year median of 3.80. GuruFocus rates XSWX:APO with a GF Score™ of 75/100 and a GF Value™ of CHF107.86. The stock has 5 warning signs investors should review. Among 904 Asset Management companies, Apollo Global Management ranks better than 70.8% on this metric.

As of today (2026-07-11), Apollo Global Management's current share price is CHF97.67. Apollo Global Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was CHF23.15. Apollo Global Management's Cyclically Adjusted PS Ratio for today is 4.22.

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

XSWX:APO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 3.8   Max: 8.01
Current: 4.1

During the past years, Apollo Global Management's highest Cyclically Adjusted PS Ratio was 8.01. The lowest was 1.73. And the median was 3.80.

XSWX:APO's Cyclically Adjusted PS Ratio is ranked better than
70.8% of 904 companies
in the Asset Management industry
Industry Median: 7.635 vs XSWX:APO: 4.10

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Apollo Global Management's adjusted revenue per share data for the three months ended in Mar. 2026 was CHF6.693. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is CHF23.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apollo Global Management  (XSWX:APO) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Apollo Global Management Cyclically Adjusted PS Ratio Related Terms


Apollo Global Management Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Apollo Global Management's Cyclically Adjusted PS 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.

Apollo Global Management Cyclically Adjusted PS Ratio Chart

Apollo Global Management Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.39 3.84 4.84 7.25 5.18

Apollo Global Management Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 5.76 5.70 5.03 5.18 3.81

XSWX:APO vs KKR, STT, AMP: Cyclically Adjusted PS Ratio Comparison

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

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

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


XSWX:APO
75GF Score
Apollo Global Management Inc XSWX:APO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Apollo Global Management Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=97.67/23.15
=4.22

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Apollo Global Management's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.693/330.2130*330.2130
=6.693

Current CPI (Mar. 2026) = 330.2130.

Apollo Global Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.486 241.018 4.776
201609 2.658 241.428 3.635
201612 4.341 241.432 5.937
201703 3.662 243.801 4.960
201706 2.284 244.955 3.079
201709 3.552 246.819 4.752
201712 4.575 246.524 6.128
201803 0.797 249.554 1.055
201806 2.581 251.989 3.382
201809 2.502 252.439 3.273
201812 -0.569 251.233 -0.748
201903 3.377 254.202 4.387
201906 3.151 256.143 4.062
201909 3.352 256.759 4.311
201912 4.017 256.974 5.162
202003 -6.215 258.115 -7.951
202006 6.303 257.797 8.074
202009 4.090 260.280 5.189
202012 5.053 260.474 6.406
202103 9.278 264.877 11.567
202106 5.433 271.696 6.603
202109 4.154 274.310 5.001
202112 4.476 278.802 5.301
202203 1.366 287.504 1.569
202206 3.793 296.311 4.227
202209 4.962 296.808 5.520
202212 7.733 296.797 8.604
202303 8.397 301.836 9.186
202306 21.308 305.109 23.061
202309 4.033 307.789 4.327
202312 15.646 306.746 16.843
202403 10.334 312.332 10.926
202406 9.114 314.175 9.579
202409 11.189 315.301 11.718
202412 7.287 315.605 7.624
202503 8.279 319.799 8.549
202506 9.386 322.561 9.609
202509 12.866 324.800 13.080
202512 13.145 324.054 13.395
202603 6.693 330.213 6.693

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 4.22 mean?
Apollo Global Management (XSWX:APO) has a Cyclically Adjusted PS Ratio of 4.22 as of Jul. 11, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Apollo Global Management and its competitors. This is 11% above median its historical median of 3.80. Over the past decade, Apollo Global Management's Cyclically Adjusted PS Ratio has ranged from 1.73 to 8.01. According to the industry distribution chart, Apollo Global Management ranks #264 out of 904 companies in the Asset Management industry, placing it in the top 29.2%.
Is Apollo Global Management's Cyclically Adjusted PS Ratio too high?
Apollo Global Management's current Cyclically Adjusted PS Ratio of 4.22 is 11% above median its 10-year median of 3.80. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 8.01. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.64. Apollo Global Management's value of 4.22 is 44.7% below this industry median. Based on the distribution chart, Apollo Global Management ranks #264 out of 904 companies in the Asset Management industry, which is above the industry midpoint. Overall, Apollo Global Management has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Apollo Global Management's Cyclically Adjusted PS Ratio compare to KKR and STT?
According to the Asset Management industry distribution chart, Apollo Global Management ranks #264 out of 904 companies for Cyclically Adjusted PS Ratio. This puts Apollo Global Management in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.64. Apollo Global Management's value of 4.22 is 44.7% below this benchmark. Historically, Apollo Global Management's own Cyclically Adjusted PS Ratio has ranged from 1.73 to 8.01 over the past decade. While the company's 10-year median is 3.80 vs. the industry median of 7.64, Apollo Global Management has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.64, based on 904 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apollo Global Management's current Cyclically Adjusted PS Ratio of 4.22 is 44.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Apollo Global Management and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Global Management's current Cyclically Adjusted PS Ratio is 4.22, which is 11% above median its own 10-year median of 3.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Global Management stock overvalued right now?
Apollo Global Management (XSWX:APO) has a current Cyclically Adjusted PS Ratio of 4.22. The stock's GF Value™ is CHF107.86, compared to a current price of CHF97.67 — trading 9.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.22, which is 11% above median its 10-year median of 3.80 and 44.7% below the Asset Management industry median of 7.64. Apollo Global Management's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Apollo Global Management (XSWX:APO), the current Cyclically Adjusted PS Ratio is 4.22 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Apollo Global Management (XSWX:APO) Overvalued in 2026?

Based on GuruFocus' analysis, Apollo Global Management stock appears to be undervalued. The current stock price of CHF97.67 is trading 9.4% below its estimated GF Value™ of CHF107.86.

Key valuation signals for XSWX:APO:

  • Cyclically Adjusted PS Ratio: 4.22 (11% above median its 10-year median of 3.80)
  • GF Value™: CHF107.86 vs. price of CHF97.67 (9.4% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 44.7% below the Asset Management median (#264 of 904)

No single metric tells the full story. See the XSWX:APO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apollo Global Management Business Description

Address 9 West 57th Street, 42nd Floor, New York, NY, USA, 10019
Apollo is one of the world's largest alternative asset managers, with $938.4 billion in total assets under management, or AUM, including $709.1 billion in fee-earning assets, at the end of 2025. The company has two core operating segments: asset management and retirement services. Apollo operates with scale in each of its major product lines—private equity (with $128.4 billion in total AUM and $75.0 billion in fee-earning AUM), real estate/real assets ($60.8 billion/$27.6 billion), and credit ($749.2 billion/$606.5 billion). Apollo has a distribution profile that is likely not too far off from the industry averages—with 84% of its assets held by institutional investors and 16% by high-net-worth clients.
75GF Score

Get the complete analysis for XSWX:APO

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF97.67
Price
CHF107.86
GF Value