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Apollo Global Management (Apollo Global Management) Cyclically Adjusted PS Ratio : 5.83 (As of Apr. 27, 2024)


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What is Apollo Global Management Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Apollo Global Management's current share price is $112.22. Apollo Global Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $19.25. Apollo Global Management's Cyclically Adjusted PS Ratio for today is 5.83.

The historical rank and industry rank for Apollo Global Management's Cyclically Adjusted PS Ratio or its related term are showing as below:

APO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 3.32   Max: 5.96
Current: 5.81

During the past years, Apollo Global Management's highest Cyclically Adjusted PS Ratio was 5.96. The lowest was 1.73. And the median was 3.32.

APO's Cyclically Adjusted PS Ratio is ranked better than
58.22% of 876 companies
in the Asset Management industry
Industry Median: 7.425 vs APO: 5.81

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 adjusted revenue per share data for the three months ended in Dec. 2023 was $18.098. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $19.25 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apollo Global Management Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Apollo Global Management's Cyclically Adjusted PS 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.

Apollo Global Management Cyclically Adjusted PS Ratio Chart

Apollo Global Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.25 3.68 4.39 3.84 4.84

Apollo Global Management Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS 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 3.84 3.82 4.12 4.93 4.84

Competitive Comparison of Apollo Global Management's Cyclically Adjusted PS Ratio

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 PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=112.22/19.25
=5.83

* 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.

Apollo Global Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Apollo Global Management's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=18.098/129.4194*129.4194
=18.098

Current CPI (Dec. 2023) = 129.4194.

Apollo Global Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.325 99.695 4.316
201406 3.743 100.560 4.817
201409 1.395 100.428 1.798
201412 1.698 99.070 2.218
201503 1.826 99.621 2.372
201506 2.064 100.684 2.653
201509 1.097 100.392 1.414
201512 1.073 99.792 1.392
201603 0.661 100.470 0.851
201606 3.595 101.688 4.575
201609 2.731 101.861 3.470
201612 4.258 101.863 5.410
201703 3.657 102.862 4.601
201706 2.360 103.349 2.955
201709 3.690 104.136 4.586
201712 4.635 104.011 5.767
201803 0.841 105.290 1.034
201806 2.607 106.317 3.174
201809 2.584 106.507 3.140
201812 -0.574 105.998 -0.701
201903 3.375 107.251 4.073
201906 3.190 108.070 3.820
201909 3.384 108.329 4.043
201912 4.088 108.420 4.880
202003 -6.479 108.902 -7.700
202006 6.626 108.767 7.884
202009 4.471 109.815 5.269
202012 5.688 109.897 6.698
202103 9.978 111.754 11.555
202106 5.984 114.631 6.756
202109 4.501 115.734 5.033
202112 4.860 117.630 5.347
202203 1.470 121.301 1.568
202206 3.909 125.017 4.047
202209 5.098 125.227 5.269
202212 8.300 125.222 8.578
202303 9.074 127.348 9.222
202306 23.665 128.729 23.792
202309 4.483 129.860 4.468
202312 18.098 129.419 18.098

Add all the adjusted revenue per share together and divide 10 will get our 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.


Apollo Global Management  (NYSE:APO) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Apollo Global Management Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Apollo Global Management's Cyclically Adjusted PS Ratio 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