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APA (BSP:A1PA34) Forward PE Ratio : 7.42 (As of Dec. 14, 2024)


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What is APA Forward PE Ratio?

APA's Forward PE Ratio for today is 7.42.

APA's PE Ratio without NRI for today is 5.58.

APA's PE Ratio (TTM) for today is 3.23.


APA Forward PE Ratio Historical Data

The historical data trend for APA'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.

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APA Forward PE Ratio Chart

APA Annual Data
Trend 2020-12 2021-12 2022-12 2023-12 2024-12
Forward PE Ratio
23.70 4.85 4.25 5.52 7.42

APA Quarterly Data
2020-03 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03 2024-06 2024-09 2024-12
Forward PE Ratio 11.43 23.70 9.77 8.60 7.40 4.85 5.53 3.75 2.79 4.25 4.47 5.39 6.76 5.52 8.22 6.66 5.21 7.42

Competitive Comparison of APA's Forward PE Ratio

For the Oil & Gas E&P subindustry, APA'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's Forward PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where APA's Forward PE Ratio falls into.



APA Forward PE Ratio Calculation

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  (BSP:A1PA34) 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 Forward PE Ratio Related Terms

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APA Business Description

Traded in Other Exchanges
Address
2000 Post Oak Boulevard, Suite 100, One Post Oak Central, Houston, TX, USA, 77056-4400
Based in Houston, APA is an independent exploration and production company. It operates primarily in the US, Egypt, the North Sea, and Suriname. At year-end 2023, proved reserves totaled 807 million barrels of oil equivalent, with net reported production of 405 thousand boe/day that year (64% of which was oil and natural gas liquids, with the remainder natural gas).

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