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AppFolio (AppFolio) Shiller PE Ratio : 638.82 (As of Apr. 27, 2024)


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What is AppFolio Shiller PE Ratio?

As of today (2024-04-27), AppFolio's current share price is $242.75. AppFolio's E10 for the quarter that ended in Dec. 2023 was $0.38. AppFolio's Shiller PE Ratio for today is 638.82.

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: 432.5   Med: 599.34   Max: 649.32
Current: 638.82

During the past years, AppFolio's highest Shiller PE Ratio was 649.32. The lowest was 432.50. And the median was 599.34.

APPF's Shiller PE Ratio is ranked worse than
98.78% of 899 companies
in the Software industry
Industry Median: 30.32 vs APPF: 638.82

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 Dec. 2023 was $0.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AppFolio Shiller PE Ratio Historical Data

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.

* Premium members only.

AppFolio Shiller PE Ratio Chart

AppFolio Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 455.47

AppFolio Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 596.81 455.47

Competitive Comparison of AppFolio's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the 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.



AppFolio 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.

AppFolio's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=242.75/0.38
=638.82

* 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 Dec. 2023 is calculated as:

For example, AppFolio's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.83/129.4194*129.4194
=0.830

Current CPI (Dec. 2023) = 129.4194.

AppFolio Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.048 99.695 -0.062
201406 -0.060 100.560 -0.077
201409 -0.049 100.428 -0.063
201412 -0.177 99.070 -0.231
201503 -0.112 99.621 -0.146
201506 -0.360 100.684 -0.463
201509 -0.140 100.392 -0.180
201512 -0.120 99.792 -0.156
201603 -0.110 100.470 -0.142
201606 -0.070 101.688 -0.089
201609 -0.030 101.861 -0.038
201612 -0.040 101.863 -0.051
201703 0.020 102.862 0.025
201706 0.080 103.349 0.100
201709 0.100 104.136 0.124
201712 0.070 104.011 0.087
201803 0.120 105.290 0.148
201806 0.210 106.317 0.256
201809 0.160 106.507 0.194
201812 0.070 105.998 0.085
201903 0.110 107.251 0.133
201906 0.650 108.070 0.778
201909 0.140 108.329 0.167
201912 0.120 108.420 0.143
202003 0.060 108.902 0.071
202006 0.540 108.767 0.643
202009 3.860 109.815 4.549
202012 -0.010 109.897 -0.012
202103 0.010 111.754 0.012
202106 0.060 114.631 0.068
202109 -0.004 115.734 -0.004
202112 -0.040 117.630 -0.044
202203 -0.410 121.301 -0.437
202206 -0.860 125.017 -0.890
202209 -0.120 125.227 -0.124
202212 -0.560 125.222 -0.579
202303 -0.990 127.348 -1.006
202306 -0.530 128.729 -0.533
202309 0.720 129.860 0.718
202312 0.830 129.419 0.830

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  (NAS:APPF) 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.


AppFolio Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of AppFolio's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AppFolio (AppFolio) Business Description

Traded in Other Exchanges
Address
70 Castilian Drive, Santa Barbara, CA, USA, 93117
AppFolio Inc is a provider of cloud-based software solutions for small and medium-sized businesses (SMBs) in the property management and legal industries. Its property management software provides small and medium-sized property managers with an end-to-end solution to their business needs. Its products include cloud-based property management software (Appfolio Property Manager); a cloud-based software solution for real estate investment managers that provides tools and services designed to manage investor relationships (Appfolio Investment Management). It also offers value-added services, such as Website design and electronic payment services. The business activity of the firm primarily functions through the United States and it derives revenue from the source of subscription fees.
Executives
William Shane Trigg officer: General Manager, Real Estate 50 CASTILIAN DRIVE, GOLETA CA 93117
Matthew S Mazza officer: Chief Legal Officer 50 CASTILIAN DR, SANTA BARBARA CA 93117
Janet Kerr director 50 CASTILIAN DR, GOLETA CA 93117
Alexander Wolf director C/O IGSB, INC., 1483 EAST VALLEY ROAD, SUITE L, SANTA BARBARA CA 93150
Olivia Nottebohm director C/O DROPBOX. INC., 1800 OWENS STREET, SAN FRANCISCO CA 94158
Maurice J Duca 10 percent owner PO BOX 5609, SANTA BARBARA CA 93150
Timothy K Bliss director, 10 percent owner P O BOX 50440, SANTA BARBARA CA 93150
Jonathan Walker director, officer: Chief Technology Officer 50 CASTILIAN DRIVE, GOLETA CA 93117
Appfolio Inc officer: Chief Legal Officer 70 CASTILIAN DRIVE, SANTA BARBARA CA 93117
Jason Robert Randall officer: SVP, AppFolio Property Manager 4942 LA GAMA WAY, SANTA BARBARA CA 93111
Igsb Internal Venture Fund Iii, Llc 10 percent owner P.O. BOX 5609, SANTA BARBARA CA 93150
Rauth William R Iii director, 10 percent owner PO BOX 5609, SANTA BARBARA CA 93150
Fay Sien Goon officer: Chief Financial Officer 2225 LAWSON LANE, SANTA CLARA CA 95054
Ann M Wilson officer: Principal Accounting Officer 1411 E MISSION AVENUE, SPOKANE WA 99202
Ida Kathleen Kane officer: Chief Financial Officer C/O VIMEO, INC., 330 WEST 34TH STREET 5TH FLOOR, NEW YORK NY 10001