Occidental Petroleum (BSP:OXYP34) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:OXYP34 Occidental Petroleum Corp BSP:OXYP34
62 GF Score
Price R$50.54
GF Value R$41.72
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Occidental Petroleum Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Occidental Petroleum  (BSP:OXYP34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Occidental Petroleum Cyclically Adjusted PS Ratio Related Terms


Occidental Petroleum Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Occidental Petroleum's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Occidental Petroleum Cyclically Adjusted PS Ratio Chart

Occidental Petroleum Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 1.10 0.89 0.86 0.61

Occidental Petroleum Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.66 0.59 0.84 0.62

BSP:OXYP34 vs FANG, DVN, EOG: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Occidental Petroleum's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Occidental Petroleum Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Occidental Petroleum's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Occidental Petroleum's Cyclically Adjusted PS Ratio falls into.


BSP:OXYP34
62GF Score
Occidental Petroleum Corp BSP:OXYP34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Occidental Petroleum Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Occidental Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Occidental Petroleum's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=17.603/333.9520*333.9520
=17.603

Current CPI (Jun. 2026) = 333.9520.

Occidental Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.605 241.428 7.753
201612 6.101 241.432 8.439
201703 6.048 243.801 8.284
201706 6.405 244.955 8.732
201709 6.173 246.819 8.352
201712 7.362 246.524 9.973
201803 8.004 249.554 10.711
201806 9.713 251.989 12.872
201809 13.397 252.439 17.723
201812 12.001 251.233 15.952
201903 10.201 254.202 13.401
201906 9.774 256.143 12.743
201909 13.532 256.759 17.600
201912 11.240 256.974 14.607
202003 13.071 258.115 16.911
202006 9.732 257.797 12.607
202009 11.622 260.280 14.912
202012 13.182 260.474 16.901
202103 15.224 264.877 19.194
202106 17.315 271.696 21.283
202109 18.778 274.310 22.861
202112 22.382 278.802 26.809
202203 21.514 287.504 24.990
202206 25.020 296.311 28.198
202209 24.529 296.808 27.599
202212 22.061 296.797 24.823
202303 18.947 301.836 20.963
202306 17.060 305.109 18.673
202309 18.523 307.789 20.098
202312 19.144 306.746 20.842
202403 16.215 312.332 17.337
202406 18.676 314.175 19.852
202409 20.140 315.301 21.331
202412 17.998 315.605 19.044
202503 17.287 319.799 18.052
202506 14.475 322.561 14.986
202509 18.145 324.800 18.656
202512 13.687 324.054 14.105
202603 14.531 330.213 14.696
202606 17.603 333.952 17.603

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Occidental Petroleum (BSP:OXYP34) Overvalued in 2026?

Based on GuruFocus' analysis, Occidental Petroleum stock appears to be overvalued. The current stock price of R$50.54 is trading 21.1% above its estimated GF Value™ of R$41.72. GuruFocus considers Occidental Petroleum to be Modestly Overvalued.

Key valuation signals for BSP:OXYP34:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$41.72 vs. price of R$50.54 (21.1% above fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the BSP:OXYP34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Occidental Petroleum Business Description

Industry EnergyOil & Gas
Address 5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2025, the company reported net proved reserves of 4.6 billion barrels of oil equivalent. Net production averaged 1.4 million barrels of oil equivalent per day in 2025 at a ratio of roughly 74% oil and natural gas liquids and 26% natural gas.
62GF Score

Get the complete analysis for BSP:OXYP34

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$50.54
Price
R$41.72
GF Value