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AppFolioAPPF +2.54%79 Shiller PE Ratio is 123.32 as of Aug. 22, 2026, which is 45% below its 10-year median of 223.47. GuruFocus rates APPF with a GF Score™ of 79/100 and a GF Value™ of $332.94 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,022 Software companies, AppFolio ranks worse than 90.31% on this metric.
As of today (2026-08-22), AppFolio's current share price is $224.44. AppFolio's E10 for the quarter that ended in Jun. 2026 was $1.82. AppFolio's Shiller PE Ratio for today is 123.32.
The historical rank and industry rank for AppFolio's Shiller PE Ratio or its related term are showing as below:
APPF'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 85.83 Med: 223.47 Max: 649.32
Current: 123.6
During the past years, AppFolio's highest Shiller PE Ratio was 649.32. The lowest was 85.83. And the median was 223.47.
APPF's Shiller PE Ratio is ranked worse than 90.31% of 1022
companies
in the Software industry
Industry Median: 27.49
vs APPF: 123.60
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.
AppFolio's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.82 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
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.
AppFolio Shiller PE Ratio Related Terms
AppFolio Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for AppFolio'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.
APPF vs CVLT, NAVN, DUOL: Shiller PE Ratio Comparison
For the Software - Application subindustry, AppFolio'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.
AppFolio Shiller PE Ratio vs Software Industry
For the Software industry and Technology sector, AppFolio's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where AppFolio's Shiller PE Ratio falls into.
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.
AppFolio's Shiller PE Ratio for today 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.
AppFolio's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, AppFolio's adjusted earnings per share data for the three months ended in Jun. 2026 was:
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.
AppFolio (APPF) has a Shiller PE Ratio of 123.32 as of Aug. 22, 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 AppFolio and its competitors. This is 45% below median its historical median of 223.47. Over the past decade, AppFolio's Shiller PE Ratio has ranged from 85.83 to 649.32. According to the industry distribution chart, AppFolio ranks #923 out of 1022 companies in the Software industry, placing it in the top 90.3%.
Is AppFolio's Shiller PE Ratio too high?
AppFolio's current Shiller PE Ratio of 123.32 is 45% below median its 10-year median of 223.47. Over the past 10 years, this metric has ranged from a low of 85.83 to a high of 649.32. The Software industry median Shiller PE Ratio is 27.49. AppFolio's value of 123.32 is 348.6% above this industry median. Based on the distribution chart, AppFolio ranks #923 out of 1022 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, AppFolio has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AppFolio's Shiller PE Ratio compare to CVLT and NAVN?
According to the Software industry distribution chart, AppFolio ranks #923 out of 1022 companies for Shiller PE Ratio. This places AppFolio in the lower half of its industry. The industry median Shiller PE Ratio is 27.49. AppFolio's value of 123.32 is 348.6% above this benchmark. Historically, AppFolio's own Shiller PE Ratio has ranged from 85.83 to 649.32 over the past decade. While the company's 10-year median is 223.47 vs. the industry median of 27.49, AppFolio 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 Shiller PE Ratio for a Software company?
The median Shiller PE Ratio among Software companies is 27.49, based on 1,022 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. AppFolio's current Shiller PE Ratio of 123.32 is 348.6% 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 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 AppFolio and its competitors. For the Software industry, the median Shiller PE Ratio is 27.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AppFolio's current Shiller PE Ratio is 123.32, which is 45% below median its own 10-year median of 223.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppFolio stock overvalued right now?
Based on GuruFocus' analysis, AppFolio (APPF) is currently considered Significantly Undervalued. The stock's GF Value™ is $332.94, compared to a current price of $224.44 — trading 32.6% below its estimated fair value. The current Shiller PE Ratio is 123.32, which is 45% below median its 10-year median of 223.47 and 348.6% above the Software industry median of 27.49. AppFolio's overall GF Score™ is 79/100 with 1 warning sign 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 AppFolio (APPF), the current Shiller PE Ratio is 123.32 as of Aug. 22, 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 AppFolio (APPF) Overvalued in 2026?
Based on GuruFocus' analysis, AppFolio stock appears to be undervalued.
The current stock price of $224.44 is trading 32.6% below its estimated GF Value™ of $332.94.
GuruFocus considers AppFolio to be Significantly Undervalued.
Key valuation signals for APPF:
Shiller PE Ratio: 123.32 (45% below median its 10-year median of 223.47)
GF Value™: $332.94 vs. price of $224.44 (32.6% below fair value)
Industry Position: 348.6% above the Software median (#923 of 1022)
No single metric tells the full story. See the APPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AppFolio Inc provides cloud-based software solutions for the real estate industry. Its property management software offers property managers an end-to-end solution to their business needs. The group's products include cloud-based property management software (Appfolio Property Manager). Its solutions are AppFolio Property Manager Core, AppFolio Property Manager Plus, and AppFolio Property Manager Max. It also offers value-added services, such as screening, risk mitigation, and electronic payment services. Its markets are Single-Family, Multifamily, Student Housing, Affordable Housing, Community Associations, Commercial, and Investment Management. The business activity of the firm predominantly functions in the United States and it generates revenue in the form of subscription fees.
79GF Score
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