APA Group (APA Group) Forward PE Ratio : 40.48 (As of May. 03, 2024)

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What is APA Group Forward PE Ratio?

APA Group's Forward PE Ratio for today is 40.48.

APA Group's PE Ratio without NRI for today is 9.22.

APA Group's PE Ratio for today is 9.22.

APA Group Forward PE Ratio Historical Data

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.

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APA Group Forward PE Ratio Chart

APA Group Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

41.49

39.53

38.61

34.84

38.46

38.61

36.90

42.55

37.74

38.91

APA Group Semi-Annual Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	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
Forward PE Ratio	41.49	35.59	38.76	40.82	39.53	36.36	37.88	38.31	38.61	40.32	42.02	34.84	34.36	35.97	39.53	38.46	31.45	36.10	38.17	38.61	34.48	32.05	31.35	36.90	33.33	36.10	36.10	42.55	28.33	30.40	32.05	37.74	38.31

Competitive Comparison of APA Group's Forward PE Ratio

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's Forward PE Ratio Distribution in the 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.

APA Group 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 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

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APA Group (APA Group) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PJZ:Germany APA:Australia

Address

580 George Street, Level 25, Sydney, NSW, AUS, 2000

Website

https://www.apa.com.au

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.