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Apollo Global Management (FRA:N7I) E10 : €3.34 (As of Dec. 2024)


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What is Apollo Global Management E10?

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

Apollo Global Management's adjusted earnings per share data for the three months ended in Dec. 2024 was €2.282. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.34 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Apollo Global Management's average E10 Growth Rate was 27.00% per year. During the past 3 years, the average E10 Growth Rate was 9.00% per year. During the past 5 years, the average E10 Growth Rate was 21.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Apollo Global Management was 152.60% per year. The lowest was 9.00% per year. And the median was 27.40% per year.

As of today (2025-03-16), Apollo Global Management's current stock price is €123.05. Apollo Global Management's E10 for the quarter that ended in Dec. 2024 was €3.34. Apollo Global Management's Shiller PE Ratio of today is 36.84.

During the past 13 years, the highest Shiller PE Ratio of Apollo Global Management was 455.25. The lowest was 18.92. And the median was 35.77.


Apollo Global Management E10 Historical Data

The historical data trend for Apollo Global Management's E10 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 E10 Chart

Apollo Global Management Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 2.32 2.10 2.43 3.34

Apollo Global Management Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
E10 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 2.43 2.67 2.81 2.83 3.34

Competitive Comparison of Apollo Global Management's E10

For the Asset Management subindustry, Apollo Global Management'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 Global Management's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



Apollo Global Management E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Apollo Global Management's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.282/133.1571*133.1571
=2.282

Current CPI (Dec. 2024) = 133.1571.

Apollo Global Management Quarterly Data

per share eps CPI Adj_EPS
201503 0.083 99.621 0.111
201506 0.267 100.684 0.353
201509 0.178 100.392 0.236
201512 0.009 99.792 0.012
201603 -0.171 100.470 -0.227
201606 0.810 101.688 1.061
201609 0.445 101.861 0.582
201612 0.825 101.863 1.078
201703 0.701 102.862 0.907
201706 0.392 103.349 0.505
201709 0.839 104.136 1.073
201712 0.769 104.011 0.984
201803 -0.276 105.290 -0.349
201806 0.214 106.317 0.268
201809 0.660 106.507 0.825
201812 -0.879 105.998 -1.104
201903 0.593 107.251 0.736
201906 0.664 108.070 0.818
201909 1.480 108.329 1.819
201912 0.612 108.420 0.752
202003 -4.045 108.902 -4.946
202006 1.634 108.767 2.000
202009 0.942 109.815 1.142
202012 1.521 109.897 1.843
202103 2.360 111.754 2.812
202106 2.241 114.631 2.603
202109 0.859 115.734 0.988
202112 0.805 117.630 0.911
202203 -0.636 121.301 -0.698
202206 -2.668 125.017 -2.842
202209 -1.390 125.227 -1.478
202212 2.124 125.222 2.259
202303 1.550 127.348 1.621
202306 0.923 128.729 0.955
202309 1.031 129.860 1.057
202312 4.264 129.419 4.387
202403 2.098 131.776 2.120
202406 1.254 132.554 1.260
202409 1.162 133.029 1.163
202412 2.282 133.157 2.282

Add all the adjusted EPS together and divide 10 will get our e10.


Apollo Global Management  (FRA:N7I) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E 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 Global Management's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=123.05/3.34
=36.84

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Apollo Global Management was 455.25. The lowest was 18.92. And the median was 35.77.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Apollo Global Management E10 Related Terms

Thank you for viewing the detailed overview of Apollo Global Management's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Apollo Global Management 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 Headlines

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