APA PE ratio history
The PE ratio of Apache has averaged 57.91 over the last eight years. The current price-to-earnings ratio of 5.97 is 90% less than the historical average. In the past eight 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 |
|---|---|---|---|---|
| 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 |
| 2010 | 13.98 | N/A | $119.23 | $8.53 |
Apache PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Jun 2022 | 3.92 | -33.56% | $34.9 | $8.9 |
| Mar 2022 | 5.9 | -42.94% | $41.33 | $7.01 |
| Dec 2021 | 10.34 | -23.75% | $26.89 | $2.6 |
| Sep 2021 | 13.56 | 17.2% | $21.43 | $1.58 |
APA average PE ratio chart
Currently, APA's PE ratio is above its 3-year historical average, but it is lower than the 5 and 10-year averages.
APA PE vs peers
When compared to its peer stocks CVX and COP, APA's PE ratio is lower. Apache's PE ratio is trading below the peer group average of 12.19.
| Stock name | PE ratio | Market cap |
|---|---|---|
| APA Apache Corp | 5.97 | $6.03B |
| DVN Devon Energy Corp | 7.38 | $20.89B |
| EOG Eog Resources Inc | 10.23 | $60.65B |
| COP Conocophillips | 11.23 | $111.84B |
| CVX Chevron Corp | 15.77 | $241.86B |
| OXY Occidental Petroleum Corp | 16.34 | $41.49B |
| EXE Expand Energy Corp. | N/A | $26.74B |
Frequently asked questions
What is Apache's PE ratio?
APA stock has a price to earnings ratio of 5.97 as of May 9, 2025.
What is the 3-year average PE ratio for Apache (APA)?
Over the last 3 years, the average PE ratio for APA stock is 5.37.
What is the 5-year average PE ratio for Apache (APA)?
Over the last 5 years, the average PE ratio for APA stock is 58.87.
What is the highest PE ratio for APA?
Over the last eight 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 90% below its 8-year historical average.
Why is Apache's PE ratio so low?
APA's PE ratio of 5.97 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 (May 9, 2025), Apache's stock price is $16.72. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $2.8. Therefore, Apache's price to earnings ratio for today is 5.97. PE RATIO(5.97) = STOCK PRICE($16.72) / TTM EPS($2.8)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.