GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » APA Corp (MEX:AP A) » Definitions » Shiller PE Ratio

APA (MEX:AP A) Shiller PE Ratio : (As of Dec. 15, 2024)


View and export this data going back to 2008. Start your Free Trial

What is APA Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


APA Shiller PE Ratio Historical Data

The historical data trend for APA's Shiller 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.

* Premium members only.

APA Shiller PE Ratio Chart

APA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

APA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shiller PE 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 - - - - -

Competitive Comparison of APA's Shiller PE Ratio

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

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

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



APA Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

APA's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, APA's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-11.814/133.0289*133.0289
=-11.814

Current CPI (Sep. 2024) = 133.0289.

APA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -188.505 99.070 -253.121
201503 -188.123 99.621 -251.210
201506 -35.774 100.684 -47.267
201509 -185.033 100.392 -245.187
201512 -327.909 99.792 -437.121
201603 -16.870 100.470 -22.337
201606 -12.021 101.688 -15.726
201609 -30.937 101.861 -40.403
201612 -9.896 101.863 -12.924
201703 10.544 102.862 13.636
201706 27.114 103.349 34.901
201709 2.904 104.136 3.710
201712 23.371 104.011 29.891
201803 6.904 105.290 8.723
201806 10.021 106.317 12.539
201809 3.928 106.507 4.906
201812 -19.635 105.998 -24.642
201903 -2.328 107.251 -2.888
201906 -18.441 108.070 -22.700
201909 -8.884 108.329 -10.910
201912 -148.805 108.420 -182.580
202003 -278.093 108.902 -339.705
202006 -23.544 108.767 -28.796
202009 -0.442 109.815 -0.535
202012 -0.796 109.897 -0.964
202103 20.850 111.754 24.819
202106 16.323 114.631 18.943
202109 -6.169 115.734 -7.091
202112 21.540 117.630 24.360
202203 108.117 121.301 118.570
202206 54.520 125.017 58.014
202209 25.747 125.227 27.351
202212 26.904 125.222 28.581
202303 14.059 127.348 14.686
202306 21.087 128.729 21.791
202309 25.954 129.860 26.587
202312 98.111 129.419 100.847
202403 7.302 131.776 7.371
202406 26.747 132.554 26.843
202409 -11.814 133.029 -11.814

Add all the adjusted EPS together and divide 10 will get our E10.

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) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


APA Shiller PE Ratio Related Terms

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


APA Business Description

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).

APA Headlines

No Headlines