P/E ratio for Apollo Global Management (APO)
P/E ratio as of September 2023 (TTM): 77.3
According to Apollo Global Management 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 77.2838. At the end of 2021 the company had a P/E ratio of 9.75.
P/E ratio history for Apollo Global Management from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.75 | |
| 2019 | 12.7 | |
| 2014 | 36.8 | 365.06% |
| 2013 | 7.92 | -11.01% |
| 2012 | 8.90 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Westwood Holdings Group WHG | -101 | -230.43% | 🇺🇸 USA |
 Ellington Financial
EFC | 29.3 | -62.09% | 🇺🇸 USA |
 Blackstone Group BX | 66.9 | -13.50% | 🇺🇸 USA |
 KKR & Co. KKR | 43.5 | -43.75% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.