Physics-based first-principles pressure-volume-temperature equations of state (EOS) exist for solids and gases but not for liquids due to the long-standing fundamental problems involved in liquid theory. Current EOS models that are applicable to liquids and supercritical fluids at liquid-like density under conditions relevant to planetary interiors and industrial processes are complex empirical models with many physically meaningless adjustable parameters. Here, we develop a generally applicable physics-based (GAP) EOS for liquids including supercritical fluids at liquid-like density. The GAP equation is explicit in the internal energy, and hence links the most fundamental macroscopic static property of fluids, the pressure-volume-temperature EOS, to their key microscopic property: the molecular hopping frequency or liquid relaxation time, from which the internal energy can be obtained. We test our GAP equation against available experimental data in several different ways and find good agreement. Our GAP equation, unavoidably and similarly to solid EOS, contains a semi-empirical term giving the energy of the static sample as a function of volume only (EST(V)). Our testing includes studies along isochores, in order to examine the validity of the GAP equation independently of the validity of any function we may choose to utilize forEST(V). The only other adjustable parameter in the equation is the Grüneisen parameter for the fluid. We observe that the GAP equation is similar to the Mie-Grüneisen solid EOS in a wide range of the liquid phase diagram. This similarity is ultimately related to the condensed state of these two phases. On the other hand, the differences between the GAP equation and EOS for gases are fundamental. Finally, we identify the key gaps in the experimental data that need to be filled in to proceed further with the liquid EOS.