CRC (California Resources) Cyclically Adjusted PS Ratio: 1.01 (As of Aug. 15, 2026) — 16% Above Median

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CRC California Resources Corp CRC
65 GF Score
Price $53.31
GF Value $57.51
Valuation Fairly Valued
! 4 Warning Signs
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What is California Resources Cyclically Adjusted PS Ratio?

California Resources CRC +1.06% 65 Cyclically Adjusted PS Ratio is 1.01 as of Aug. 15, 2026, which is 16% above its 10-year median of 0.87. GuruFocus rates CRC with a GF Score™ of 65/100 and a GF Value™ of $57.51 (Fairly Valued). The stock has 4 warning signs investors should review. Among 716 Oil & Gas companies, California Resources ranks better than 51.26% on this metric.

As of today (2026-08-15), California Resources's current share price is $53.31. California Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $52.96. California Resources's Cyclically Adjusted PS Ratio for today is 1.01.

The historical rank and industry rank for California Resources's Cyclically Adjusted PS Ratio or its related term are showing as below:

CRC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.87   Max: 1.33
Current: 1.01

During the past years, California Resources's highest Cyclically Adjusted PS Ratio was 1.33. The lowest was 0.54. And the median was 0.87.

CRC's Cyclically Adjusted PS Ratio is ranked better than
51.26% of 716 companies
in the Oil & Gas industry
Industry Median: 1.06 vs CRC: 1.01

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

California Resources's adjusted revenue per share data for the three months ended in Jun. 2026 was $12.228. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $52.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


California Resources  (NYSE:CRC) 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.


California Resources Cyclically Adjusted PS Ratio Related Terms


California Resources Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for California Resources'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.

California Resources Cyclically Adjusted PS Ratio Chart

California Resources 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 0.00 0.66 0.91 0.98 0.86

California Resources 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 0.86 1.01 0.86 1.31 1.00

CRC vs CNX, CRK, MUR: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, California Resources'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.


California Resources Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


CRC
65GF Score
California Resources Corp CRC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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California Resources 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.

California Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.31/52.96
=1.01

* 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.

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

For example, California Resources'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)
=12.228/333.9520*333.9520
=12.228

Current CPI (Jun. 2026) = 333.9520.

California Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 11.520 241.428 15.935
201612 11.788 241.432 16.305
201703 12.136 243.801 16.624
201706 11.156 244.955 15.209
201709 11.944 246.819 16.161
201712 14.024 246.524 18.998
201803 14.638 249.554 19.589
201806 14.855 251.989 19.687
201809 17.963 252.439 23.763
201812 16.831 251.233 22.373
201903 15.996 254.202 21.014
201906 12.846 256.143 16.748
201909 13.089 256.759 17.024
201912 12.941 256.974 16.818
202003 10.020 258.115 12.964
202006 5.657 257.797 7.328
202009 8.263 260.280 10.602
202012 0.000 260.474 0.000
202103 6.915 264.877 8.718
202106 6.847 271.696 8.416
202109 8.653 274.310 10.534
202112 8.005 278.802 9.588
202203 9.108 287.504 10.579
202206 10.749 296.311 12.114
202209 11.560 296.808 13.007
202212 10.561 296.797 11.883
202303 13.197 301.836 14.601
202306 7.691 305.109 8.418
202309 9.520 307.789 10.329
202312 8.809 306.746 9.590
202403 7.507 312.332 8.027
202406 7.271 314.175 7.729
202409 10.932 315.301 11.579
202412 9.978 315.605 10.558
202503 9.934 319.799 10.374
202506 9.183 322.561 9.507
202509 10.403 324.800 10.696
202512 9.433 324.054 9.721
202603 10.902 330.213 11.025
202606 12.228 333.952 12.228

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.

What does a Cyclically Adjusted PS Ratio of 1.01 mean?
California Resources (CRC) has a Cyclically Adjusted PS Ratio of 1.01 as of Aug. 15, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on California Resources and its competitors. This is 16% above median its historical median of 0.87. Over the past decade, California Resources' Cyclically Adjusted PS Ratio has ranged from 0.54 to 1.33. According to the industry distribution chart, California Resources ranks #349 out of 716 companies in the Oil & Gas industry, placing it in the top 48.7%.
Is California Resources' Cyclically Adjusted PS Ratio too high?
California Resources' current Cyclically Adjusted PS Ratio of 1.01 is 16% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.33. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. California Resources' value of 1.01 is 4.7% below this industry median. Based on the distribution chart, California Resources ranks #349 out of 716 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, California Resources has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does California Resources' Cyclically Adjusted PS Ratio compare to CNX and CRK?
According to the Oil & Gas industry distribution chart, California Resources ranks #349 out of 716 companies for Cyclically Adjusted PS Ratio. This puts California Resources in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. California Resources' value of 1.01 is 4.7% below this benchmark. Historically, California Resources' own Cyclically Adjusted PS Ratio has ranged from 0.54 to 1.33 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.06, California Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.06, based on 716 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. California Resources's current Cyclically Adjusted PS Ratio of 1.01 is 4.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on California Resources and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California Resources's current Cyclically Adjusted PS Ratio is 1.01, which is 16% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Resources stock overvalued right now?
Based on GuruFocus' analysis, California Resources (CRC) is currently considered Fairly Valued. The stock's GF Value™ is $57.51, compared to a current price of $53.31 — trading 7.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.01, which is 16% above median its 10-year median of 0.87 and 4.7% below the Oil & Gas industry median of 1.06. California Resources' overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For California Resources (CRC), the current Cyclically Adjusted PS Ratio is 1.01 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is California Resources (CRC) Overvalued in 2026?

Based on GuruFocus' analysis, California Resources stock appears to be undervalued. The current stock price of $53.31 is trading 7.3% below its estimated GF Value™ of $57.51. GuruFocus considers California Resources to be Fairly Valued.

Key valuation signals for CRC:

  • Cyclically Adjusted PS Ratio: 1.01 (16% above median its 10-year median of 0.87)
  • GF Value™: $57.51 vs. price of $53.31 (7.3% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 4.7% below the Oil & Gas median (#349 of 716)

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


California Resources Business Description

Industry EnergyOil & Gas
Other Exchanges 1CLD:Germany
Address 1 World Trade Center, Suite 1500, Long Beach, CA, USA, 90831
California Resources Corp is an independent oil and natural gas exploration and production company. The company has operations spread across different properties in several oil and gas exploration basins in California and Utah, such as the Midway-Sunset, South Belridge, and McKittrick fields, in the San Joaquin Basin, and other properties located in Los Angeles, Sacramento, Uinta, and the Ventura and Salinas basins. Additionally, the company is focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. Its business is organized into two reporting segments: oil and natural gas, which generate maximum revenue, and carbon management.
65GF Score

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

$53.31
Price
$57.51
GF Value