Understanding Carlyle’s Discounted Valuation
The Carlyle Group’s (CG) NTM (next-12-month) PE ratio is 8.4x, lower than competitors’ average of 11.1x. Peers’ NTM PE ratios are as follows: KKR (KKR): 10.6x Blackstone (BX): 10.7x Apollo Global Management (APO): 12.1x