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APA (APA) Cyclically Adjusted PS Ratio : 0.72 (As of May. 28, 2025)


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What is APA Cyclically Adjusted PS Ratio?

As of today (2025-05-28), APA's current share price is $17.31. APA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $24.20. APA's Cyclically Adjusted PS Ratio for today is 0.72.

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

APA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 1.23   Max: 1.97
Current: 0.72

During the past years, APA's highest Cyclically Adjusted PS Ratio was 1.97. The lowest was 0.16. And the median was 1.23.

APA's Cyclically Adjusted PS Ratio is ranked better than
54.79% of 710 companies
in the Oil & Gas industry
Industry Median: 0.82 vs APA: 0.72

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

APA's adjusted revenue per share data for the three months ended in Mar. 2025 was $7.242. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $24.20 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


APA Cyclically Adjusted PS Ratio Historical Data

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

APA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 1.02 1.79 1.45 0.97

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 PS 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 1.39 1.21 1.02 0.97 0.87

Competitive Comparison of APA's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, APA's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Oil & Gas Industry

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

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


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APA Cyclically Adjusted PS Ratio Calculation

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

APA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.31/24.20
=0.72

* 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 Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.242/134.9266*134.9266
=7.242

Current CPI (Mar. 2025) = 134.9266.

APA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 5.267 100.684 7.058
201509 4.249 100.392 5.711
201512 3.317 99.792 4.485
201603 2.876 100.470 3.862
201606 3.657 101.688 4.852
201609 3.787 101.861 5.016
201612 3.839 101.863 5.085
201703 3.948 102.862 5.179
201706 3.514 103.349 4.588
201709 3.627 104.136 4.699
201712 4.282 104.011 5.555
201803 4.513 105.290 5.783
201806 5.029 106.317 6.382
201809 5.132 106.507 6.501
201812 5.407 105.998 6.883
201903 4.463 107.251 5.615
201906 4.286 108.070 5.351
201909 3.894 108.329 4.850
201912 4.586 108.420 5.707
202003 3.556 108.902 4.406
202006 1.989 108.767 2.467
202009 2.963 109.815 3.641
202012 3.225 109.897 3.960
202103 4.937 111.754 5.961
202106 4.633 114.631 5.453
202109 5.433 115.734 6.334
202112 6.333 117.630 7.264
202203 7.692 121.301 8.556
202206 8.909 125.017 9.615
202209 8.748 125.227 9.426
202212 7.923 125.222 8.537
202303 6.436 127.348 6.819
202306 5.812 128.729 6.092
202309 7.494 129.860 7.786
202312 7.013 129.419 7.311
202403 6.460 131.776 6.614
202406 6.836 132.554 6.958
202409 6.841 133.029 6.939
202412 7.370 133.157 7.468
202503 7.242 134.927 7.242

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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  (NAS:APA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


APA Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of APA's Cyclically Adjusted PS 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 (NAS:APA) » Definitions » Cyclically Adjusted PS 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.
Executives
Chansoo Joung director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Juliet S Ellis director C/O DONNELLEY FINANCIAL SOLUTIONS, 35 WEST WACKER DRIVE, CHICAGO IL 60601
Tracey K Henderson officer: Executive VP Exploration C/O APA CORPORATION, 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
Mark D Maddox officer: Executive VP - Administration C/O APA CORPORATION, 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
P Anthony Lannie officer: Exec. Vice Pres & Gen Counsel C/O APACHE CORPORATION, 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
David L Stover director NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Charles W Hooper director C/O APA CORPORATION, 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
D. Clay Bretches officer: Exec. VP, Operations C/O APACHE CORPORATION, 2000 POST OAK BLVD, STE 100, HOUSTON TX 77056
Rebecca A Hoyt officer: Sr. VP, Chief Acct Officer C/O APACHE CORPORATION, 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056-4400
Annell R Bay director C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
Lamar Mckay director 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
John E Lowe director 600 N DAIRY ASHFORD, HOUSTON TX 77079
Rene R Joyce director P.O. BOX 130430, HOUSTON TX 77219-0430
Daniel Wayne Rabun director 6 CHESTERFIELD GARDENS, 3RD FLOOR, LONDON X0 W1J 5BQ
Amy H Nelson director 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056