GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Apollo Global Management Inc (NYSE:APO) » Definitions » Cyclically Adjusted Revenue per Share

Apollo Global Management (Apollo Global Management) Cyclically Adjusted Revenue per Share : $20.33 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Apollo Global Management Cyclically Adjusted Revenue per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Apollo Global Management's adjusted revenue per share for the three months ended in Mar. 2024 was $11.629. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $20.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Apollo Global Management's average Cyclically Adjusted Revenue Growth Rate was 22.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Apollo Global Management was 13.10% per year. The lowest was 0.10% per year. And the median was 5.05% per year.

As of today (2024-05-23), Apollo Global Management's current stock price is $112.88. Apollo Global Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $20.33. Apollo Global Management's Cyclically Adjusted PS Ratio of today is 5.55.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Apollo Global Management was 5.86. The lowest was 1.73. And the median was 3.34.


Apollo Global Management Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Apollo Global Management's Cyclically Adjusted Revenue per Share 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 Cyclically Adjusted Revenue per Share Chart

Apollo Global Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.66 13.32 16.51 16.61 19.25

Apollo Global Management Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 16.55 18.62 18.22 19.25 20.33

Competitive Comparison of Apollo Global Management's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Apollo Global Management's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Apollo Global Management's Cyclically Adjusted PS Ratio falls into.



Apollo Global Management Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

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 Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=11.629/131.7762*131.7762
=11.629

Current CPI (Mar. 2024) = 131.7762.

Apollo Global Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.743 100.560 4.905
201409 1.395 100.428 1.830
201412 1.698 99.070 2.259
201503 1.826 99.621 2.415
201506 2.064 100.684 2.701
201509 1.097 100.392 1.440
201512 1.073 99.792 1.417
201603 0.661 100.470 0.867
201606 3.595 101.688 4.659
201609 2.731 101.861 3.533
201612 4.258 101.863 5.508
201703 3.657 102.862 4.685
201706 2.360 103.349 3.009
201709 3.690 104.136 4.669
201712 4.635 104.011 5.872
201803 0.841 105.290 1.053
201806 2.607 106.317 3.231
201809 2.584 106.507 3.197
201812 -0.574 105.998 -0.714
201903 3.375 107.251 4.147
201906 3.190 108.070 3.890
201909 3.384 108.329 4.116
201912 4.088 108.420 4.969
202003 -6.479 108.902 -7.840
202006 6.626 108.767 8.028
202009 4.471 109.815 5.365
202012 5.688 109.897 6.820
202103 9.978 111.754 11.766
202106 5.984 114.631 6.879
202109 4.501 115.734 5.125
202112 4.860 117.630 5.444
202203 1.470 121.301 1.597
202206 3.909 125.017 4.120
202209 5.098 125.227 5.365
202212 8.300 125.222 8.734
202303 9.073 127.348 9.389
202306 23.665 128.729 24.225
202309 4.483 129.860 4.549
202312 18.098 129.419 18.428
202403 11.629 131.776 11.629

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Apollo Global Management  (NYSE:APO) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Apollo Global Management's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=112.88/20.33
=5.55

* 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 Cyclically Adjusted PS Ratio of Apollo Global Management was 5.86. The lowest was 1.73. And the median was 3.34.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Apollo Global Management Cyclically Adjusted Revenue per Share Related Terms

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


Apollo Global Management (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.
Executives
James C Zelter director, officer: Co-President (See Remarks) APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, 14TH FLOOR, NEW YORK NY 10019
Martin Kelly officer: Chief Financial Officer APOLLO GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 48TH FLOOR, NEW YORK NY 10019
A B Krongard director C/O UNDER ARMOUR, INC., 1020 HULL STREET, BALTIMORE MD 21230
Joshua Harris other: See Remarks 404 WASHINGTON AVE, PH 810, MIAMI FL 33139
Mjh Partners Ii Llc other: See Remarks 404 WASHINGTON AVE, PH 810, MIAMI FL 33139
Patrick Toomey director C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 42ND FLOOR, NEW YORK NY 10019
John J Suydam officer: Chief Legal Officer C/O APOLLO MANAGEMENT LP, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Clayton Walter Joseph Iii director C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Jessica M Bibliowicz director NATIONAL FINANCIAL PARTNERS CORP., 340 MADISON AVENUE, 20TH FL, NEW YORK NY 10173
Louis-jacques Tanguy officer: Chief Acct. Off. & Controller C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
James Richard Belardi director, officer: CEO of Athene Holding Ltd. C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Alchemy Group Holdings Llc other: See Remarks 65 EAST 55TH STREET, 31ST FLOOR, NEW YORK NY 10022
Rwnm Series A Holdings Llc other: See Remarks 65 EAST 55TH STREET, 31ST FLOOR, NEW YORK NY 10022
Heritage Trust U/a/d 11/12/2018 other: See remarks. ELYSIUM MANAGEMENT LLC, SUITE 1401, 445 PARK AVENUE, NEW YORK NY 10022
Ldb 2014 Llc other: See remarks. ELYSIUM MANAGEMENT LLC, SUITE 1401, 445 PARK AVENUE, NEW YORK NY 10022