Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
APA GroupAPAJF +5.33%67 Forward PE Ratio is 44.50 as of Jul. 21, 2026. GuruFocus rates APAJF with a GF Score™ of 67/100 and a GF Value™ of $6.06 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 275 Utilities - Regulated companies, APA Group ranks worse than 96.36% on this metric.
APA Group (OTCPK:APAJF) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
APA Group Forward PE Ratio Related Terms
APA Group Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for APA Group's Forward PE 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.
APA Group Forward PE Ratio Chart
APA Group Annual Data
Trend
2016-06
2017-06
2018-06
2019-06
2020-06
2021-06
2022-06
2023-06
2024-06
2025-06
Forward PE Ratio
38.76
37.88
40.32
35.97
36.10
32.05
36.10
30.40
34.13
41.40
APA Group Semi-Annual Data
2015-12
2016-06
2016-12
2017-06
2017-12
2018-06
2018-12
2019-06
2019-12
2020-06
2020-12
2021-06
2021-12
2022-06
2022-12
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
41.49
38.76
39.53
37.88
38.61
40.32
34.84
35.97
38.46
36.10
38.61
32.05
36.90
36.10
42.55
30.40
37.74
34.13
41.97
41.40
45.70
APAJF vs ATO, NI, UGI: Forward PE Ratio Comparison
For the Utilities - Regulated Gas subindustry, APA Group's Forward PE Ratio, along with its competitors' market caps and Forward PE 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 Group Forward PE Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, APA Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where APA Group's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
APA Group (APAJF) has a Forward PE Ratio of 44.50 as of Jul. 21, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on APA Group and its competitors. According to the industry distribution chart, APA Group ranks #265 out of 275 companies in the Utilities - Regulated industry, placing it in the top 96.4%.
Is APA Group's Forward PE Ratio too high?
APA Group's current Forward PE Ratio is 44.50. The Utilities - Regulated industry median Forward PE Ratio is 14.54. APA Group's value of 44.50 is 206.1% above this industry median. Based on the distribution chart, APA Group ranks #265 out of 275 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, APA Group has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does APA Group's Forward PE Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, APA Group ranks #265 out of 275 companies for Forward PE Ratio. This places APA Group in the lower half of its industry. The industry median Forward PE Ratio is 14.54. APA Group's value of 44.50 is 206.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Utilities - Regulated company?
The median Forward PE Ratio among Utilities - Regulated companies is 14.54, based on 275 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. APA Group's current Forward PE Ratio of 44.50 is 206.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on APA Group and its competitors. For the Utilities - Regulated industry, the median Forward PE Ratio is 14.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APA Group's current Forward PE Ratio is 44.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APA Group stock overvalued right now?
Based on GuruFocus' analysis, APA Group (APAJF) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.06, compared to a current price of $7.12 — trading 17.5% above its estimated fair value. The current Forward PE Ratio is 44.50 and 206.1% above the Utilities - Regulated industry median of 14.54. APA Group's overall GF Score™ is 67/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For APA Group (APAJF), the current Forward PE Ratio is 44.50 as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is APA Group (APAJF) Overvalued in 2026?
Based on GuruFocus' analysis, APA Group stock appears to be overvalued.
The current stock price of $7.12 is trading 17.5% above its estimated GF Value™ of $6.06.
GuruFocus considers APA Group to be Modestly Overvalued.
Key valuation signals for APAJF:
Forward PE Ratio: 44.50
GF Value™: $6.06 vs. price of $7.12 (17.5% above fair value)
Industry Position: 206.1% above the Utilities - Regulated median (#265 of 275)
No single metric tells the full story. See the APAJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APA Group is Australia's largest gas infrastructure company with an extensive portfolio of transmission pipelines, distribution networks, and storage facilities, and is increasingly investing in renewable energy generation, electricity transmission, and batteries. It is internally managed and has direct operational control over all assets. It owns minority stakes in a few smaller gas infrastructure companies and manages operations for most of these. The stapled securities comprise a unit in Australian Pipeline Trust and in APT Investment Trust.
67GF Score
Get the complete analysis for APAJF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
APAJF has been successfully added to your 
