P/E ratio for APA Group (APA.AX)
P/E ratio at the end of 2023: 43.7
According to APA Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.2841. At the end of 2023 the company had a P/E ratio of 43.7.
P/E ratio history for APA Group from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 43.7 | -23.88% |
| 2022 | 57.5 | -97.84% |
| 2021 | > 1000 | 6564.14% |
| 2020 | 40.0 | -5.94% |
| 2019 | 42.5 | 11.73% |
| 2018 | 38.1 | 0.57% |
| 2017 | 37.9 | -23.49% |
| 2016 | 49.5 | 289.26% |
| 2015 | 12.7 | 7.15% |
| 2014 | 11.9 | 5.7% |
| 2013 | 11.2 | -29.5% |
| 2012 | 15.9 | 23.95% |
| 2011 | 12.8 | -11.63% |
| 2010 | 14.5 | 8.73% |
| 2009 | 13.4 | 4.13% |
| 2008 | 12.8 | -40.87% |
| 2007 | 21.7 | 23.36% |
| 2006 | 17.6 | 16.51% |
| 2005 | 15.1 | 169.89% |
| 2004 | 5.60 | -69.47% |
| 2003 | 18.3 | 12.58% |
| 2002 | 16.3 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.