Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
American Public EducationAPEI -0.19%69 Equity-to-Asset is 0.58 as of Jun. 2026, which is 16% below its 10-year median of 0.69. GuruFocus rates APEI with a GF Score™ of 69/100 and a GF Value™ of $22.90 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 264 Education companies, American Public Education ranks better than 51.89% on this metric.
American Public Education (NAS:APEI) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
American Public Education Equity-to-Asset Related Terms
American Public Education Equity-to-Asset Historical Data
* 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.
APEI vs PXED, KLC, AFYA: Equity-to-Asset Comparison
For the Education & Training Services subindustry, American Public Education's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
American Public Education Equity-to-Asset vs Education Industry
For the Education industry and Consumer Defensive sector, American Public Education's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where American Public Education's Equity-to-Asset falls into.
American Public Education Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
American Public Education's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
American Public Education (APEI) has a Equity-to-Asset of 0.58 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on American Public Education and its competitors. This is 16% below median its historical median of 0.69. Over the past decade, American Public Education's Equity-to-Asset has ranged from 0.48 to 0.87. According to the industry distribution chart, American Public Education ranks #127 out of 264 companies in the Education industry, placing it in the top 48.1%.
Is American Public Education's Equity-to-Asset too high?
American Public Education's current Equity-to-Asset of 0.58 is 16% below median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 0.87. The Education industry median Equity-to-Asset is 0.57. American Public Education's value of 0.58 is 1.8% above this industry median. Based on the distribution chart, American Public Education ranks #127 out of 264 companies in the Education industry, which is above the industry midpoint. Overall, American Public Education has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Public Education's Equity-to-Asset compare to PXED and KLC?
According to the Education industry distribution chart, American Public Education ranks #127 out of 264 companies for Equity-to-Asset. This puts American Public Education in the upper half of its industry. The industry median Equity-to-Asset is 0.57. American Public Education's value of 0.58 is 1.8% above this benchmark. Historically, American Public Education's own Equity-to-Asset has ranged from 0.48 to 0.87 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.57, American Public Education has consistently been above 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 Equity-to-Asset for an Education company?
The median Equity-to-Asset among Education companies is 0.57, based on 264 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Public Education's current Equity-to-Asset of 0.58 is 1.8% above 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on American Public Education and its competitors. For the Education industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Public Education's current Equity-to-Asset is 0.58, which is 16% below median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Public Education stock overvalued right now?
Based on GuruFocus' analysis, American Public Education (APEI) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.90, compared to a current price of $46.19 — trading 101.7% above its estimated fair value. The current Equity-to-Asset is 0.58, which is 16% below median its 10-year median of 0.69 and 1.8% above the Education industry median of 0.57. American Public Education's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For American Public Education (APEI), the current Equity-to-Asset is 0.58 as of Jun. 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 American Public Education (APEI) Overvalued in 2026?
Based on GuruFocus' analysis, American Public Education stock appears to be overvalued.
The current stock price of $46.19 is trading 101.7% above its estimated GF Value™ of $22.90.
GuruFocus considers American Public Education to be Significantly Overvalued.
Key valuation signals for APEI:
Equity-to-Asset: 0.58 (16% below median its 10-year median of 0.69)
GF Value™: $22.90 vs. price of $46.19 (101.7% above fair value)
Industry Position: 1.8% above the Education median (#127 of 264)
No single metric tells the full story. See the APEI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American Public Education Inc provides online and campus based postsecondary education including various undergraduate and graduate degree programs. The fields of study include business administration, health science, technology, criminal justice, education, liberal arts, national security, military studies, intelligence, and homeland security. There are three reporting segments: the American Public University segment which is the key revenue generator, provides online postsecondary education as a distance-learning, graduate-level institution for military officers seeking a degree in military studies; the Rasmussen University Segment and the Hondros College of Nursing segment. The revenue is generated from net course registrations and enrollment, tuition rate, net tuition, and other fees.
69GF Score
Get the complete analysis for APEI
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
APEI has been successfully added to your 
