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APA (MEX:AP A) Cyclically Adjusted PB Ratio : 1.34 (As of Jun. 26, 2025)


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What is APA Cyclically Adjusted PB Ratio?

As of today (2025-06-26), APA's current share 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 for today is 1.34.

The historical rank and industry rank for APA's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:AP A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.81   Max: 1.72
Current: 1.37

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

MEX:AP A's Cyclically Adjusted PB Ratio is ranked worse than
62.66% of 790 companies
in the Oil & Gas industry
Industry Median: 0.98 vs MEX:AP A: 1.37

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


APA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for APA's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

APA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.68 1.45 1.56 1.61

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 PB Ratio 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 1.64 1.59 1.50 1.61 1.62

Competitive Comparison of APA's Cyclically Adjusted PB Ratio

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 PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

APA's Cyclically Adjusted PB Ratio for 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.

APA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

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.

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.


APA  (MEX:AP A) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


APA Cyclically Adjusted PB Ratio Related Terms

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


APA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » APA Corp (MEX:AP A) » Definitions » Cyclically Adjusted PB Ratio
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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