APA
Apache
PE ratio, current and historical analysis
- Stocks
- Energy
- NASDAQ: APA
- PE Ratio
As of Jun 22, 2026, the Apache stock's PE ratio is 7.97. This results from the current EPS of $4.29 and stock price of $34.2. The PE ratio has increased by 14% from the past four quarters average of 7.0.
APA PE ratio history
The PE ratio of Apache has averaged 50.36 over the last nine years. The current price-to-earnings ratio of 7.97 is 84% less than the historical average. In the past nine years, APA's PE ratio reached its highest point in the Mar 2021 quarter at 895, when the stock price was $17.9 and the EPS was $0.02. The lowest point was recorded in the Jun 2024 quarter, when it reached 3.22 with a price of $29.44 and an EPS of $9.15.
Apache PE ratio by year
Maximum annual increase: 1,832.31% in 2018
Maximum annual decrease: -59.19% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 6.13 | -39.49% | $24.46 | $3.99 |
| 2024 | 10.13 | 161.76% | $23.09 | $2.28 |
| 2023 | 3.87 | -8.29% | $35.88 | $9.26 |
| 2022 | 4.22 | -59.19% | $46.68 | $11.05 |
| 2021 | 10.34 | N/A | $26.89 | $2.6 |
| 2020 | N/A | N/A | $14.19 | -$12.86 |
| 2019 | N/A | N/A | $25.59 | -$9.43 |
| 2018 | 238.64 | 1,832.31% | $26.25 | $0.11 |
| 2017 | 12.35 | N/A | $42.22 | $3.42 |
| 2016 | N/A | N/A | $63.47 | -$3.71 |
| 2015 | N/A | N/A | $44.47 | -$27.4 |
| 2014 | N/A | N/A | $62.67 | -$21.76 |
| 2013 | 15.54 | -2.02% | $85.94 | $5.53 |
| 2012 | 15.86 | 105.71% | $78.5 | $4.95 |
| 2011 | 7.71 | -44.85% | $90.58 | $11.75 |
Apache PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 9.89 | 61.34% | $42.44 | $4.29 |
| Dec 2025 | 6.13 | 5.51% | $24.46 | $3.99 |
| Sep 2025 | 5.81 | -4.44% | $24.28 | $4.18 |
| Jun 2025 | 6.08 | -19.04% | $18.29 | $3.01 |
| Mar 2025 | 7.51 | -25.86% | $21.02 | $2.8 |
| Dec 2024 | 10.13 | 192.77% | $23.09 | $2.28 |
| Sep 2024 | 3.46 | 7.45% | $24.46 | $7.06 |
| Jun 2024 | 3.22 | -16.36% | $29.44 | $9.15 |
| Mar 2024 | 3.85 | -0.52% | $34.38 | $8.93 |
| Dec 2023 | 3.87 | -52.75% | $35.88 | $9.26 |
| Sep 2023 | 8.19 | 15.35% | $41.1 | $5.02 |
| Jun 2023 | 7.1 | 23.91% | $34.17 | $4.81 |
| Mar 2023 | 5.73 | 35.78% | $36.06 | $6.29 |
| Dec 2022 | 4.22 | 29.45% | $46.68 | $11.05 |
| Sep 2022 | 3.26 | -16.84% | $34.19 | $10.48 |
APA Price vs fair value
APA average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, APA's PE ratio is above its 3 and 5-year historical averages, but it is lower than the 10-year average.
PE comparison
Apache's P/E of 7.97 is below the Energy sector, the industry and its peers average. Looking at its Energy sector average of 16.89, Apache's P/E is 53% lower.
APA PE vs peers
When compared to its peers CVX and COP, APA's PE ratio is lower, but it is higher than EXE's. Apache's PE ratio is trading below the peer group average of 15.54.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EXE Expand Energy Corp. | 6.56 | $21.23B |
| APA Apache Corp | 7.98 | $12.1B |
| DVN Devon Energy Corp | 12.02 | $26.96B |
| OXY Occidental Petroleum Corp | 12.9 | $51.95B |
| EOG Eog Resources Inc | 13.17 | $71.85B |
| COP Conocophillips | 18.64 | $133.98B |
| CVX Chevron Corp | 30.55 | $350.48B |
Frequently asked questions
What is Apache's PE ratio?
APA stock has a price to earnings ratio of 7.97 as of Jun 22, 2026.
What is the 3-year average PE ratio for Apache (APA)?
Over the last 3 years, the average PE ratio for APA stock is 6.27.
What is the 5-year average PE ratio for Apache (APA)?
Over the last 5 years, the average PE ratio for APA stock is 6.69.
What is the highest PE ratio for APA?
Over the last nine years, the quarterly PE ratio reached a historic high of 895 in the Mar 2021 quarter.
How does the current PE ratio for APA compare to its historical average?
APA's price to earnings ratio is currently 84% below its 9-year historical average.
Why is Apache's PE ratio so low?
APA's PE ratio of 7.97 is considered low because the company's stock price is trading at a lower multiple of earnings.
How is APA's PE ratio calculated (Apache PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jun 22, 2026), Apache's stock price is $34.2. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $4.29. Therefore, Apache's price to earnings ratio for today is 7.97. PE RATIO(7.97) = STOCK PRICE($34.2) / TTM EPS($4.29)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.