Apollo Global Management
APO
#297
Rank
$61.07 B
Marketcap
$107.49
Share price
-0.32%
Change (1 day)
64.74%
Change (1 year)

P/E ratio for Apollo Global Management (APO)

P/E ratio as of April 2024 (TTM): 91.5

According to Apollo Global Management 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 91.4793. At the end of 2022 the company had a P/E ratio of -12.7.

P/E ratio history for Apollo Global Management from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-12.7-230.48%
20219.75-93.43%
20201481063.5%
201912.8-116.63%
2018-76.7-814.86%
201710.715.81%
20169.26-63.39%
201525.3-31.33%
201436.8365.06%
20137.92-11.01%
20128.90-375.47%
2011-3.23

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.7-70.79%๐Ÿ‡บ๐Ÿ‡ธ USA
25.3-72.37%๐Ÿ‡บ๐Ÿ‡ธ USA
51.5-43.66%๐Ÿ‡บ๐Ÿ‡ธ USA
66.2-27.66%๐Ÿ‡บ๐Ÿ‡ธ 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.