APA Ptb Ratio vs Price To Sales Ratio Analysis

APA Stock  USD 30.88  0.37  1.21%   
APA financial indicator trend analysis is way more than just evaluating APA Corporation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether APA Corporation is a good investment. Please check the relationship between APA Ptb Ratio and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Ptb Ratio vs Price To Sales Ratio

Ptb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of APA Corporation Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between APA's Ptb Ratio and Price To Sales Ratio is -0.02. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of APA Corporation, assuming nothing else is changed. The correlation between historical values of APA's Ptb Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of APA Corporation are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Ptb Ratio i.e., APA's Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing APA Corporation stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on APA sales, a figure that is much harder to manipulate than other APA Corporation multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.
Most indicators from APA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into APA Corporation current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At present, APA's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.07, whereas Selling General Administrative is forecasted to decline to about 231.5 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses620M1.0B851M1.7B
Cost Of Revenue4.4B4.8B4.1B3.2B

APA fundamental ratios Correlations

0.690.850.920.981.00.670.930.31.00.670.30.910.530.930.880.90.660.950.710.920.330.90.150.210.43
0.690.570.630.570.670.980.40.420.680.660.420.610.860.870.850.740.920.850.30.750.370.670.530.650.6
0.850.570.910.860.850.580.810.170.860.670.170.890.510.780.780.90.580.820.550.730.050.830.090.180.28
0.920.630.910.90.910.640.840.170.920.640.170.990.580.850.860.90.610.90.780.850.110.880.290.320.52
0.980.570.860.90.980.540.980.280.980.590.280.890.390.850.790.870.540.880.680.870.280.850.00.050.32
1.00.670.850.910.980.650.940.291.00.640.290.90.50.920.850.890.640.940.70.910.340.880.110.180.41
0.670.980.580.640.540.650.390.230.670.650.230.610.820.870.840.730.850.840.310.680.340.630.530.630.57
0.930.40.810.840.980.940.390.180.930.520.180.830.20.750.680.780.360.780.690.780.260.78-0.15-0.130.19
0.30.420.170.170.280.290.230.180.270.241.00.190.420.310.320.330.610.29-0.030.540.240.390.180.270.33
1.00.680.860.920.981.00.670.930.270.660.270.910.510.930.870.890.640.950.710.910.320.890.130.20.42
0.670.660.670.640.590.640.650.520.240.660.240.640.510.770.770.810.580.760.320.70.150.780.170.280.39
0.30.420.170.170.280.290.230.181.00.270.240.190.420.310.320.330.610.29-0.030.540.240.390.180.270.33
0.910.610.890.990.890.90.610.830.190.910.640.190.60.850.880.880.630.90.760.840.080.890.310.330.57
0.530.860.510.580.390.50.820.20.420.510.510.420.60.710.750.620.940.70.310.650.180.640.780.890.69
0.930.870.780.850.850.920.870.750.310.930.770.310.850.710.950.90.80.990.590.920.430.880.350.440.59
0.880.850.780.860.790.850.840.680.320.870.770.320.880.750.950.870.810.960.610.860.210.890.450.50.67
0.90.740.90.90.870.890.730.780.330.890.810.330.880.620.90.870.730.920.510.870.250.850.150.270.5
0.660.920.580.610.540.640.850.360.610.640.580.610.630.940.80.810.730.780.260.760.270.710.590.720.66
0.950.850.820.90.880.940.840.780.290.950.760.290.90.70.990.960.920.780.640.930.380.90.350.420.59
0.710.30.550.780.680.70.310.69-0.030.710.32-0.030.760.310.590.610.510.260.640.660.160.710.340.30.39
0.920.750.730.850.870.910.680.780.540.910.70.540.840.650.920.860.870.760.930.660.440.910.330.40.57
0.330.370.050.110.280.340.340.260.240.320.150.240.080.180.430.210.250.270.380.160.440.220.070.110.21
0.90.670.830.880.850.880.630.780.390.890.780.390.890.640.880.890.850.710.90.710.910.220.370.430.47
0.150.530.090.290.00.110.53-0.150.180.130.170.180.310.780.350.450.150.590.350.340.330.070.370.950.61
0.210.650.180.320.050.180.63-0.130.270.20.280.270.330.890.440.50.270.720.420.30.40.110.430.950.62
0.430.60.280.520.320.410.570.190.330.420.390.330.570.690.590.670.50.660.590.390.570.210.470.610.62
Click cells to compare fundamentals

APA Account Relationship Matchups

APA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.1B12.7B13.3B13.1B15.2B18.2B
Short Long Term Debt Total8.6B8.8B7.5B5.5B5.3B4.5B
Other Current Liab1.8B1.3B1.9B2.1B338M321.1M
Total Current Liabilities1.9B1.3B2.1B2.9B2.4B1.7B
Total Stockholder Equity3.3B(1.6B)(1.6B)423M2.7B2.5B
Property Plant And Equipment Net14.2B8.8B8.3B9.0B10.0B15.3B
Net Debt8.3B8.5B7.2B5.2B5.2B4.1B
Retained Earnings(5.6B)(10.5B)(9.5B)(5.8B)(3.0B)(2.8B)
Cash247M262M302M245M87M82.7M
Non Current Assets Total16.1B10.9B10.9B10.4B12.8B16.1B
Non Currrent Assets Other614M526M1.2B803M21M20.0M
Cash And Short Term Investments247M262M302M245M87M82.7M
Net Receivables1.1B908M1.4B1.5B1.6B1.1B
Liabilities And Stockholders Equity18.1B12.7B13.3B13.1B15.2B18.2B
Non Current Liabilities Total11.8B12.1B11.9B8.9B9.1B8.0B
Inventory502M492M473M427M453M303.3M
Other Current Assets1.7B1.6B2.1B2.5B224M212.8M
Other Stockholder Equity8.5B8.4B7.6B6.0B5.3B5.2B
Total Liab13.6B13.4B14.0B11.8B11.6B9.8B
Property Plant And Equipment Gross14.2B8.8B8.3B43.6B46.2B48.5B
Total Current Assets2.0B1.8B2.4B2.7B2.5B2.1B
Short Term Debt150M11M2M215M118M112.1M
Accounts Payable695M444M731M771M658M544.3M
Common Stock Total Equity259M260M261M262M301.3M247.6M
Common Stock259M260M261M262M263M252.5M
Other Liab2.4B2.7B3.7B3.3B3.8B2.8B
Other Assets730M2.1B4.7B3.9B4.5B4.7B
Long Term Debt8.6B8.8B7.3B5.5B5.2B6.7B
Property Plant Equipment14.2B43.0B40.5B41.2B47.4B28.9B
Current Deferred Revenue(695M)(444M)(731M)1.3B1.2B1.2B
Net Tangible Assets3.8B(1.0B)94M2.3B2.0B1.9B
Noncontrolling Interest In Consolidated Entity1.2B994M878M984M885.6M841.3M
Retained Earnings Total Equity(5.6B)(10.5B)(9.3B)(5.8B)(5.2B)(4.9B)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether APA Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of APA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Apa Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apa Corporation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running APA's price analysis, check to measure APA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy APA is operating at the current time. Most of APA's value examination focuses on studying past and present price action to predict the probability of APA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move APA's price. Additionally, you may evaluate how the addition of APA to your portfolios can decrease your overall portfolio volatility.
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Is APA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of APA. If investors know APA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about APA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.44)
Dividend Share
1
Earnings Share
8.91
Revenue Per Share
26.437
Quarterly Revenue Growth
(0.01)
The market value of APA Corporation is measured differently than its book value, which is the value of APA that is recorded on the company's balance sheet. Investors also form their own opinion of APA's value that differs from its market value or its book value, called intrinsic value, which is APA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because APA's market value can be influenced by many factors that don't directly affect APA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between APA's value and its price as these two are different measures arrived at by different means. Investors typically determine if APA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.