Occidental Petroleum (BSP:OXYP34) Cyclically Adjusted PS Ratio: (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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$46.02
GF Value R$39.33
Valuation Modestly Overvalued
! 2 Warning Signs
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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 1.19 2.38 2.25 1.88 1.53

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 1.56 1.74 1.53 2.37 0.00

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.
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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)
=6.805/333.9520*333.9520
=6.805

Current CPI (Jun. 2026) = 333.9520.

Occidental Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.879 241.428 2.599
201612 2.040 241.432 2.822
201703 2.014 243.801 2.759
201706 2.194 244.955 2.991
201709 2.043 246.819 2.764
201712 2.502 246.524 3.389
201803 2.681 249.554 3.588
201806 3.344 251.989 4.432
201809 4.679 252.439 6.190
201812 4.078 251.233 5.421
201903 3.415 254.202 4.486
201906 3.790 256.143 4.941
201909 4.757 256.759 6.187
201912 5.068 256.974 6.586
202003 6.006 258.115 7.771
202006 2.766 257.797 3.583
202009 3.978 260.280 5.104
202012 3.823 260.474 4.901
202103 5.328 264.877 6.717
202106 5.345 271.696 6.570
202109 6.240 274.310 7.597
202112 7.668 278.802 9.185
202203 6.941 287.504 8.062
202206 8.820 296.311 9.940
202209 8.186 296.808 9.210
202212 7.256 296.797 8.164
202303 6.431 301.836 7.115
202306 5.655 305.109 6.190
202309 6.149 307.789 6.672
202312 1.780 306.746 1.938
202403 5.228 312.332 5.590
202406 6.382 314.175 6.784
202409 6.785 315.301 7.186
202412 2.122 315.605 2.245
202503 5.569 319.799 5.815
202506 4.810 322.561 4.980
202509 5.902 324.800 6.068
202512 1.588 324.054 1.637
202603 4.527 330.213 4.578
202606 6.805 333.952 6.805

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$46.02 is trading 17% above its estimated GF Value™ of R$39.33. GuruFocus considers Occidental Petroleum to be Modestly Overvalued.

Key valuation signals for BSP:OXYP34:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$39.33 vs. price of R$46.02 (17% above fair value)
  • GF Score™: 62/100 with 2 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$46.02
Price
R$39.33
GF Value