APA Corporation Common Stock (APA) Valuation

Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)

APA Corp is an independent exploration and production company. It develops and produces crude oil, natural gas, and natural gas liquids. The company's business has oil and gas operations in four se...

APA Corporation Common Stock (APA) currently trades at a P/E ratio of 10.27 (historical range: 2.69–19.81, median: 6.23), placing it at the 84th percentile — expensive relative to its history, P/S ratio of 1.93 (range: 0.45–3.27, 82th percentile — expensive relative to its history), EV/EBITDA of 6.53 (range: 1.55–9.99, 87th percentile).

Over the historical period (2021-09-13 to 2026-10-16), APA Corporation Common Stock's P/E ratio has contracted by 32% over the observed period (from an average of 8.5 to 5.8).

APA Corporation Common Stock trades well above its own historical valuation range across most metrics.

Historical Valuation Metrics

MetricCurrentMedian%ileAssessment
P/E Ratio10.276.2384thexpensive relative to its history
P/S Ratio1.931.1282thexpensive relative to its history
EV/EBITDA6.534.4087thexpensive relative to its history
FCF Yield24.10%14.03%95thcheap relative to its history
Current Price: $49.19
Market Cap: $17.2B
Sector: Energy

APA Corporation Common Stock (APA) Valuation & P/E History

APA Corporation Common Stock (APA) is a US-listed stock operating in the Energy sector, specifically the Crude Petroleum & Natural Gas industry currently trading at $49.19 with a market capitalization of $17.2 billion. This page provides historical valuation analysis for APA based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 10.27 is above the historical median of 6.23, placing APA at the 84th percentile of its valuation range. The P/S ratio of 1.93 compares to a median of 1.12.

APA Valuation Metrics & Historical Range

The valuation table above shows APA Corporation Common Stock's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether APA is currently trading above or below its typical valuation levels.

  • P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests APA is expensively valued; below the median suggests it is cheap.
  • P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
  • EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for APA Corporation Common Stock.
  • FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.

Is APA Overvalued or Undervalued?

APA Corporation Common Stock trades well above its own historical valuation range across most metrics. The overall valuation percentile of 84 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive APA is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.

However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full APA analysis page for a complete picture.

Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.APA trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

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