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Apollo Tacticalome Fund (Apollo Tacticalome Fund) PE Ratio (TTM) : 6.24 (As of Jul. 14, 2024)


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What is Apollo Tacticalome Fund PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-07-14), Apollo Tacticalome Fund's share price is $14.89. Apollo Tacticalome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.39. Therefore, Apollo Tacticalome Fund's PE Ratio (TTM) for today is 6.24.

Good Sign:

Apollo Tactical Income Fund Inc. stock PE Ratio (=6.2) is close to 3-year low of 5.83


The historical rank and industry rank for Apollo Tacticalome Fund's PE Ratio (TTM) or its related term are showing as below:

AIF' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 5.02   Med: 9.97   Max: 33.29
Current: 6.24


During the past 7 years, the highest PE Ratio (TTM) of Apollo Tacticalome Fund was 33.29. The lowest was 5.02. And the median was 9.97.


AIF's PE Ratio (TTM) is ranked better than
82.65% of 1199 companies
in the Asset Management industry
Industry Median: 12.8 vs AIF: 6.24

Apollo Tacticalome Fund's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was $1.11. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.39.

As of today (2024-07-14), Apollo Tacticalome Fund's share price is $14.89. Apollo Tacticalome Fund's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $2.39. Therefore, Apollo Tacticalome Fund's PE Ratio without NRI for today is 6.24.

During the past 7 years, Apollo Tacticalome Fund's highest PE Ratio without NRI was 33.29. The lowest was 5.02. And the median was 9.97.

Apollo Tacticalome Fund's EPS without NRI for the six months ended in Dec. 2023 was $1.11. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $2.39.

During the past 3 years, the average EPS without NRI Growth Rate was 71.00% per year.

During the past 7 years, Apollo Tacticalome Fund's highest 3-Year average EPS without NRI Growth Rate was 71.00% per year. The lowest was -32.30% per year. And the median was 19.35% per year.

Apollo Tacticalome Fund's EPS (Basic) for the six months ended in Dec. 2023 was $1.12. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.40.


Apollo Tacticalome Fund PE Ratio (TTM) Historical Data

The historical data trend for Apollo Tacticalome Fund's PE Ratio (TTM) 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 Tacticalome Fund PE Ratio (TTM) Chart

Apollo Tacticalome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio (TTM)
Get a 7-Day Free Trial 7.48 30.17 12.06 At Loss 5.82

Apollo Tacticalome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.06 At Loss At Loss At Loss 5.82

Competitive Comparison of Apollo Tacticalome Fund's PE Ratio (TTM)

For the Asset Management subindustry, Apollo Tacticalome Fund's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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 Tacticalome Fund's PE Ratio (TTM) Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Apollo Tacticalome Fund's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Apollo Tacticalome Fund's PE Ratio (TTM) falls into.



Apollo Tacticalome Fund PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Apollo Tacticalome Fund's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=14.89/2.387
=6.24

Apollo Tacticalome Fund's Share Price of today is $14.89.
For company reported semi-annually, Apollo Tacticalome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.39.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Apollo Tacticalome Fund  (NYSE:AIF) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Apollo Tacticalome Fund PE Ratio (TTM) Related Terms

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Apollo Tacticalome Fund (Apollo Tacticalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
9 West 57th Street, New York, NY, USA, 10019
Apollo Tactical Income Fund Inc. is a closed-end management investment company. Its investment objective is to seek current income with a secondary objective of preservation of capital. It seeks to achieve its investment objectives mainly by allocating its assets among different types of credit instruments based on absolute and relative value considerations and its analysis of the credit markets.
Executives
James Vanek officer: See Remarks 9 W 57TH STREET, FLOOR 41, NEW YORK NY 10019
Ryan Delgiudice officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Kristin Hester officer: See Remarks 9 WEST 57TH STREET, NEW YORK NY 10019
Barry J. Cohen director C/O APOLLO SENIOR FLOATING RATE FUND INC, 9 WEST 57TH STREET, NEW YORK NY 10019
Robert L Borden director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Seifert Kenneth Lee Jr. officer: See Remarks 9 WEST 57TH STREET, NEW YORK NY 10019
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Joseph A. Moroney officer: President C/O APOLLO SENIOR FLOATING RATE FUND, 9 WEST 57TH STREET, NEW YORK NY 10019
Apollo Total Return Master Fund L.p. other: See Remarks ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10057
Frank F Marra officer: Treasurer and CFO APOLLO GLOBAL MANAGEMENT, 730 FIFTH AVE, 11TH FLOOR, NEW YORK NY 10019
Joseph D Glatt officer: See Remarks C/O APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, NEW YORK NY 10019
Elliot Jr Stein director C/ COMMONWEALTH CAPITAL PARTNERS, 444 MADISON AVE, NEW YORK NY 10022
Glenn N Marchak director CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE 4TH FL, STAMFORD CT 06902
Todd J Slotkin director 35 EAST 62ND STREET, NEW YORK NY 10021