APA Group Ratios | P/E, ROE & Valuation

On the Key Ratios page for APA Group (APA), the latest P/E of 82.8 frames valuation, while ROE 6.91% and ROIC 3.26% indicates profitability and capital efficiency. Together with the current ratio of 0.99 and debt-to-equity 4.78, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

APA Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$2.44$2.43$2.39$2.40$2.28$2.17$2.17$2.05$2.07$2.06
Net Income per Share$0.12$0.08$0.77$0.22$0.20$-0.04$0.27$0.24$0.23$0.21
Operating Cash Flow per Share$0.92$0.99$0.91$1.02$1.01$0.89$0.92$0.86$0.91$0.87
Free Cash Flow per Share$0.30$0.25$0.05$0.02$0.43$0.52$0.57$0.37$0.14$0.57
Cash per Share$0.13$0.62$0.53$0.44$0.80$0.56$0.99$0.30$0.09$0.35
Book Value per Share$2.13$2.06$2.56$1.62$2.23$2.50$2.72$3.05$3.63$3.57
Tangible Book Value per Share$-1.49$-1.67$-1.52$-2.19$-1.74$-1.61$-1.54$-0.33$-0.04$-0.34
Interest Debt per Share$10.73$11.37$10.74$10.22$9.70$9.02$9.75$9.16$8.94$9.17
CAPEX per Share$0.62$0.74$0.86$1.00$0.58$0.37$0.36$0.49$0.77$0.31

APA Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)82.78106.8810.3543.4857.67-249.0341.4144.8242.2843
Price to Book (P/B)4.835.513.125.995.063.564.083.592.712.56
Price to Sales (P/S)4.293.373.344.034.944.15.135.334.754.44
Enterprise Value to EBITDA12.812.278.5813.2114.0714.613.8714.513.6113.22
EV to Sales8.427.577.47.948.667.748.969.458.818.49
EV to Operating Cash Flow22.3418.5419.4118.6619.4818.8721.122.5920.1120.01
EV to Free Cash Flow69.2174.38373.91865.6645.8832.134.3253.08132.4930.78
Enterprise Value$26.72B$23.80B$22.43B$22.51B$23.32B$19.84B$22.95B$22.86B$20.75B$19.49B

APA Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)6.91%5.16%30.11%13.77%8.77%-1.43%9.86%8.00%6.42%5.95%
Return on Invested Capital (ROIC)3.26%2.85%4.57%3.24%3.29%-9.67%3.81%3.93%4.00%3.85%
Return on Tangible Assets1.12%0.66%6.80%2.19%2.00%-0.41%2.76%2.52%2.40%2.22%
Earnings Yield1.21%0.94%9.67%2.30%1.73%-0.40%2.41%2.23%2.37%2.33%
Free Cash Flow Yield2.83%3.02%0.59%0.23%3.82%5.89%5.09%3.34%1.40%6.22%
Dividend Yield5.64%5.42%5.75%4.58%3.44%4.11%4.36%4.16%4.38%4.70%

APA Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio0.991.560.480.972.011.721.660.710.471.11
Interest Coverage1.511.481.471.831.871.341.871.871.831.73
Income Quality7.3801.184.595.19-24.924.23.513.94.11
Debt to Equity4.787.346.074.173.383.422.862.342.44
Debt to Assets69.22%70.32%66.41%70.14%67.66%66.05%66.44%66.80%63.38%64.47%
Net Debt to EBITDA6.276.824.716.56.056.875.936.326.276.31

APA Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover8.818.4777.588.738.599.699.79.377.97
Payables Turnover4.718.582.9127.7520.7727.656.135.355.185.08
Inventory Turnover25.1827.843.0534.3138.5239.936.386.97.518.21
Days Sales Outstanding41.4243.0752.1648.1741.8242.5137.6637.6338.9745.8
Days Payables Outstanding77.4942.56125.5113.1517.5713.259.5468.2670.4971.88
Days of Inventory on Hand14.513.11119.7410.649.489.1457.2352.9348.5944.47

APA Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA12.812.278.5813.2114.0714.613.8714.513.6113.22
Market Cap$13.62B$10.58B$10.12B$11.43B$13.30B$10.50B$13.13B$12.91B$11.20B$10.18B
Enterprise Value$26.72B$23.80B$22.43B$22.51B$23.32B$19.84B$22.95B$22.86B$20.75B$19.49B
Dividend Yield5.64%5.42%5.75%4.58%3.44%4.11%4.36%4.16%4.38%4.70%
Payout Ratio305.56%578.79%59.51%199.24%198.32%-1023.00%180.46%186.42%185.13%202.31%

Frequently Asked Questions

Is APA Group stock overvalued based on its P/E ratio?

On this page, APA's current P/E is 82.8, compared with a multi-year average around 52.5. A higher P/E versus its own history can indicate the market is pricing in stronger earnings growth or better durability. To judge whether the premium is justified, cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so you can separate quality strength from expectations alone.

What is APA Group market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $13.62B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for APA Group compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to APA Group's own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does APA Group compare to its competitors in key financial ratios?

The fastest way to compare APA Group with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see APA Group outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is APA Group financially strong based on its ratios?

To assess whether APA Group is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 0.99, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 1.51, implying less buffer for servicing interest costs. Debt-to-equity is about 4.78, suggesting higher leverage than a low-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do APA Group's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If APA Group is sustaining strong returns (for example ROE at 6.91% and ROIC at 3.26%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.