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AMERICAN PUBLIC EDUCATION INC (APEI)

Services-Educational Services

Latest Price
$48.51
TTM P/E
25.67
Normalized P/E
--
Div Yield
--
Book Value
16.75
P/B Ratio
2.90

Valuation metrics

adjust assumptions →
EPS: $1.36
Book value / share: $16.26
Formula: √(22.5 × EPS × BVPS)
Graham Number
$22.31
54% 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
71% 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
+144% upside
EPS: $1.36
Target P/E: 26×
Formula: EPS × P/E
P/E Fair Value
$35.36
27% downside

Institutional Ownership

99.9% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.1.45M$82.0M7.88%-50.1K2026-03-31
325 CAPITAL LLC1.18M$67.0M6.43%-344.8K2026-03-31
Divisadero Street Capital Management, LP1.05M$59.0M5.71%-619.5K2026-03-31
RENAISSANCE TECHNOLOGIES LLC920.2K$52.0M5.00%-42.7K2026-03-31
DIMENSIONAL FUND ADVISORS LP799.2K$45.0M4.34%-48.1K2026-03-31
FMR LLC788.4K$44.0M4.28%+782.0K2026-03-31
BANK OF AMERICA CORP /DE/761.6K$43.0M4.14%-1.1K2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC701.0K$39.0M3.81%--2026-03-31
AMERICAN CENTURY COMPANIES INC658.8K$37.0M3.58%+25.6K2026-03-31
No Street GP LP647.6K$36.0M3.52%-277.4K2026-03-31
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