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AMERICAN PUBLIC EDUCATION INC (APEI)

Services-Educational Services

Latest Price
$44.43
TTM P/E
18.28
Normalized P/E
--
Div Yield
--
Book Value
17.10
P/B Ratio
2.60

Valuation metrics

adjust assumptions →
EPS: $1.36
Book value / share: $16.26
Formula: √(22.5 × EPS × BVPS)
Graham Number
$22.31
50% downside
Norm. op. income: $25M (median of 7yr)
Tax rate: 29%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$14.11
68% downside
Base FCF: $28M (median of recent 5yr)
Growth: 25%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$118.48
+167% upside
EPS: $1.36
Target P/E: 18×
Formula: EPS × P/E
P/E Fair Value
$24.48
45% downside

Institutional Ownership

100.0% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.1.77M$95.0M9.65%+321.9K2026-06-30
325 CAPITAL LLC1.18M$63.0M6.44%--2026-06-30
FMR LLC1.18M$63.0M6.44%+395.3K2026-06-30
Divisadero Street Capital Management, LP1.17M$62.0M6.37%+117.3K2026-06-30
RENAISSANCE TECHNOLOGIES LLC910.6K$48.0M4.96%-9.6K2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC718.5K$38.0M3.91%+17.5K2026-06-30
DIMENSIONAL FUND ADVISORS LP702.1K$37.0M3.82%-97.0K2026-06-30
AMERICAN CENTURY COMPANIES INC694.5K$37.0M3.78%+35.7K2026-06-30
Driehaus Capital Management LLC534.7K$28.0M2.91%+2.4K2026-06-30
GEODE CAPITAL MANAGEMENT, LLC522.4K$28.0M2.84%+39.3K2026-06-30
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