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APA (MEX:AP A) Cyclically Adjusted Book per Share : MXN259.75 (As of Mar. 2025)


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What is APA Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

APA's adjusted book value per share for the three months ended in Mar. 2025 was MXN307.686. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN259.75 for the trailing ten years ended in Mar. 2025.

During the past 12 months, APA's average Cyclically Adjusted Book Growth Rate was -37.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -28.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -21.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -11.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of APA was 21.30% per year. The lowest was -28.60% per year. And the median was 11.60% per year.

As of today (2025-06-28), APA's current stock price is MXN347.00. APA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN259.75. APA's Cyclically Adjusted PB Ratio of today is 1.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of APA was 1.72. The lowest was 0.09. And the median was 0.81.


APA Cyclically Adjusted Book per Share Historical Data

The historical data trend for APA's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

APA Cyclically Adjusted Book per Share Chart

APA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 892.30 824.21 618.64 395.43 289.41

APA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 338.05 332.80 320.34 289.41 259.75

Competitive Comparison of APA's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, APA's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


APA's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, APA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where APA's Cyclically Adjusted PB Ratio falls into.


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APA Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, APA's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=307.686/134.9266*134.9266
=307.686

Current CPI (Mar. 2025) = 134.9266.

APA Quarterly Data

Book Value per Share CPI Adj_Book
201506 645.228 100.684 864.671
201509 438.477 100.392 589.315
201512 358.788 99.792 485.108
201603 91.770 100.470 123.242
201606 348.169 101.688 461.974
201609 329.657 101.861 436.669
201612 338.944 101.863 448.963
201703 316.015 102.862 414.524
201706 327.375 103.349 427.402
201709 334.006 104.136 432.765
201712 382.320 104.011 495.958
201803 356.652 105.290 457.043
201806 392.518 106.317 498.144
201809 373.151 106.507 472.721
201812 373.630 105.998 475.600
201903 360.652 107.251 453.719
201906 334.713 108.070 417.895
201909 330.817 108.329 412.040
201912 163.242 108.420 203.151
202003 -77.410 108.902 -95.909
202006 -99.983 108.767 -124.030
202009 -96.040 109.815 -118.002
202012 -86.369 109.897 -106.040
202103 -68.033 111.754 -82.140
202106 -50.763 114.631 -59.750
202109 -59.561 115.734 -69.438
202112 -94.312 117.630 -108.180
202203 -1.053 121.301 -1.171
202206 35.240 125.017 38.033
202209 37.299 125.227 40.188
202212 26.469 125.222 28.520
202303 25.934 127.348 27.477
202306 39.559 128.729 41.464
202309 61.205 129.860 63.593
202312 148.453 129.419 154.770
202403 143.691 131.776 147.126
202406 268.513 132.554 273.320
202409 272.212 133.029 276.095
202412 301.366 133.157 305.371
202503 307.686 134.927 307.686

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


APA  (MEX:AP A) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

APA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=347.00/259.75
=1.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of APA was 1.72. The lowest was 0.09. And the median was 0.81.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


APA Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of APA's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


APA Business Description

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Address
2000 W. Sam Houston Pkwy S, Suite 200, Houston, TX, USA, 77042-3643
APA Corp is an independent exploration and production company. It develops, and produces crude oil, natural gas, and natural gas liquids. The Company's business has oil and gas operations in three geographic areas: the United States (U.S.), Egypt, and offshore the U.K. in the North Sea (North Sea). APA also has active development, exploration, and appraisal operations ongoing in Suriname, as well as exploration interests in Uruguay, Alaska, and other international locations.

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