APAM (Artisan Partners Asset Management) Shiller PE Ratio: 11.05 (As of Aug. 01, 2026) — 30% Below Median

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APAM Artisan Partners Asset Management Inc APAM
78 GF Score
Price $39.24
GF Value $45.75
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Artisan Partners Asset Management Shiller PE Ratio?

Artisan Partners Asset Management APAM -1.06% 78 Shiller PE Ratio is 11.05 as of Aug. 01, 2026, which is 30% below its 10-year median of 15.75. GuruFocus rates APAM with a GF Scoreâ„¢ of 78/100 and a GF Valueâ„¢ of $45.75 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 777 Asset Management companies, Artisan Partners Asset Management ranks better than 60.62% on this metric.

As of today (2026-08-01), Artisan Partners Asset Management's current share price is $39.24. Artisan Partners Asset Management's E10 for the quarter that ended in Mar. 2026 was $3.55. Artisan Partners Asset Management's Shiller PE Ratio for today is 11.05.

The historical rank and industry rank for Artisan Partners Asset Management's Shiller PE Ratio or its related term are showing as below:

APAM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.97   Med: 15.75   Max: 40.06
Current: 11.05

During the past years, Artisan Partners Asset Management's highest Shiller PE Ratio was 40.06. The lowest was 9.97. And the median was 15.75.

APAM's Shiller PE Ratio is ranked better than
60.62% of 777 companies
in the Asset Management industry
Industry Median: 12.59 vs APAM: 11.05

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

Artisan Partners Asset Management's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Artisan Partners Asset Management  (NYSE:APAM) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Artisan Partners Asset Management Shiller PE Ratio Related Terms


Artisan Partners Asset Management Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Artisan Partners Asset Management's Shiller PE 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.

Artisan Partners Asset Management Shiller PE Ratio Chart

Artisan Partners Asset Management Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.70 13.36 16.48 13.37 11.79

Artisan Partners Asset Management Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 13.27 12.78 11.79 10.25 0.00

APAM vs NAD, AAMI, JPC: Shiller PE Ratio Comparison

For the Asset Management subindustry, Artisan Partners Asset 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.


Artisan Partners Asset Management Shiller PE Ratio vs Asset Management Industry

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

* The bar in red indicates where Artisan Partners Asset Management's Shiller PE Ratio falls into.


APAM
78GF Score
Artisan Partners Asset Management Inc APAM
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Artisan Partners Asset Management Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Artisan Partners Asset Management's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=39.24/3.55
=11.05

* 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.

Artisan Partners Asset Management's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, Artisan Partners Asset Management's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.76/330.2130*330.2130
=0.760

Current CPI (Mar. 2026) = 330.2130.

Artisan Partners Asset Management Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.380 241.018 0.521
201609 0.410 241.428 0.561
201612 0.420 241.432 0.574
201703 0.370 243.801 0.501
201706 0.450 244.955 0.607
201709 0.610 246.819 0.816
201712 -0.670 246.524 -0.897
201803 0.750 249.554 0.992
201806 0.720 251.989 0.944
201809 0.770 252.439 1.007
201812 0.570 251.233 0.749
201903 0.470 254.202 0.611
201906 0.660 256.143 0.851
201909 0.710 256.759 0.913
201912 0.760 256.974 0.977
202003 0.530 258.115 0.678
202006 0.720 257.797 0.922
202009 0.930 260.280 1.180
202012 1.150 260.474 1.458
202103 1.190 264.877 1.484
202106 1.330 271.696 1.616
202109 1.300 274.310 1.565
202112 1.250 278.802 1.480
202203 0.900 287.504 1.034
202206 0.620 296.311 0.691
202209 0.650 296.808 0.723
202212 0.760 296.797 0.846
202303 0.720 301.836 0.788
202306 0.760 305.109 0.823
202309 0.760 307.789 0.815
202312 0.920 306.746 0.990
202403 0.840 312.332 0.888
202406 0.800 314.175 0.841
202409 1.030 315.301 1.079
202412 0.970 315.605 1.015
202503 0.820 319.799 0.847
202506 0.940 322.561 0.962
202509 0.930 324.800 0.945
202512 1.320 324.054 1.345
202603 0.760 330.213 0.760

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

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 11.05 mean?
Artisan Partners Asset Management (APAM) has a Shiller PE Ratio of 11.05 as of Aug. 01, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Artisan Partners Asset Management and its competitors. This is 30% below median its historical median of 15.75. Over the past decade, Artisan Partners Asset Management's Shiller PE Ratio has ranged from 9.97 to 40.06. According to the industry distribution chart, Artisan Partners Asset Management ranks #306 out of 777 companies in the Asset Management industry, placing it in the top 39.4%.
Is Artisan Partners Asset Management's Shiller PE Ratio too high?
Artisan Partners Asset Management's current Shiller PE Ratio of 11.05 is 30% below median its 10-year median of 15.75. Over the past 10 years, this metric has ranged from a low of 9.97 to a high of 40.06. The Asset Management industry median Shiller PE Ratio is 12.59. Artisan Partners Asset Management's value of 11.05 is 12.2% below this industry median. Based on the distribution chart, Artisan Partners Asset Management ranks #306 out of 777 companies in the Asset Management industry, which is above the industry midpoint. Overall, Artisan Partners Asset Management has a GF Scoreâ„¢ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Artisan Partners Asset Management's Shiller PE Ratio compare to NAD and AAMI?
According to the Asset Management industry distribution chart, Artisan Partners Asset Management ranks #306 out of 777 companies for Shiller PE Ratio. This puts Artisan Partners Asset Management in the upper half of its industry. The industry median Shiller PE Ratio is 12.59. Artisan Partners Asset Management's value of 11.05 is 12.2% below this benchmark. Historically, Artisan Partners Asset Management's own Shiller PE Ratio has ranged from 9.97 to 40.06 over the past decade. While the company's 10-year median is 15.75 vs. the industry median of 12.59, Artisan Partners Asset 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 Shiller PE Ratio for an Asset Management company?
The median Shiller PE Ratio among Asset Management companies is 12.59, based on 777 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Artisan Partners Asset Management's current Shiller PE Ratio of 11.05 is 12.2% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Artisan Partners Asset Management and its competitors. For the Asset Management industry, the median Shiller PE Ratio is 12.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artisan Partners Asset Management's current Shiller PE Ratio is 11.05, which is 30% below median its own 10-year median of 15.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artisan Partners Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Artisan Partners Asset Management (APAM) is currently considered Modestly Undervalued. The stock's GF Value™ is $45.75, compared to a current price of $39.24 — trading 14.2% below its estimated fair value. The current Shiller PE Ratio is 11.05, which is 30% below median its 10-year median of 15.75 and 12.2% below the Asset Management industry median of 12.59. Artisan Partners Asset Management's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Artisan Partners Asset Management (APAM), the current Shiller PE Ratio is 11.05 as of Aug. 01, 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 Artisan Partners Asset Management (APAM) Overvalued in 2026?

Based on GuruFocus' analysis, Artisan Partners Asset Management stock appears to be undervalued. The current stock price of $39.24 is trading 14.2% below its estimated GF Value™ of $45.75. GuruFocus considers Artisan Partners Asset Management to be Modestly Undervalued.

Key valuation signals for APAM:

  • Shiller PE Ratio: 11.05 (30% below median its 10-year median of 15.75)
  • GF Value™: $45.75 vs. price of $39.24 (14.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 12.2% below the Asset Management median (#306 of 777)

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


Artisan Partners Asset Management Business Description

Other Exchanges AP0:Germany
Address 875 East Wisconsin Avenue, Suite 800, Milwaukee, WI, USA, 53202
Artisan Partners Asset Management Inc is a investment management firm providing a range of investment strategies to a diverse group of clients around the world. Each of the company's strategies is managed by one of its several investment teams. Investment management services are offered to institutions through separate accounts and mutual funds. Artisan's investment offerings include several long-only, equity investment strategies across a multitude of market capitalization segments and investing styles in both the United States and international markets. The company operates as one segment in the investment management business. The company generates maximum portion of its revenues from clients domiciled in countries outside the United States.
78GF Score

Get the complete analysis for APAM

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

$39.24
Price
$45.75
GF Value