Occidental Petroleum (FRA:OPC) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
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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.

FRA:OPC Occidental Petroleum Corp FRA:OPC
64 GF Score
Price €48.40
GF Value €42.48
Valuation Modestly Overvalued
! 3 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  (FRA:OPC) 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 1.54

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 1.57 1.74 1.54 2.38 1.73

FRA:OPC 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.


FRA:OPC
64GF Score
Occidental Petroleum Corp FRA:OPC
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)
=6.916/333.9520*333.9520
=6.916

Current CPI (Jun. 2026) = 333.9520.

Occidental Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.088 241.428 4.271
201612 3.459 241.432 4.785
201703 3.613 243.801 4.949
201706 3.556 244.955 4.848
201709 3.283 246.819 4.442
201712 3.850 246.524 5.215
201803 3.979 249.554 5.325
201806 4.554 251.989 6.035
201809 5.856 252.439 7.747
201812 5.538 251.233 7.361
201903 4.722 254.202 6.203
201906 5.219 256.143 6.804
201909 6.291 256.759 8.182
201912 6.667 256.974 8.664
202003 6.674 258.115 8.635
202006 2.840 257.797 3.679
202009 3.753 260.280 4.815
202012 3.665 260.474 4.699
202103 4.765 264.877 6.008
202106 5.293 271.696 6.506
202109 6.028 274.310 7.339
202112 7.200 278.802 8.624
202203 7.598 287.504 8.826
202206 9.918 296.311 11.178
202209 9.460 296.808 10.644
202212 7.835 296.797 8.816
202303 6.919 301.836 7.655
202306 6.452 305.109 7.062
202309 7.000 307.789 7.595
202312 1.998 306.746 2.175
202403 5.795 312.332 6.196
202406 6.604 314.175 7.020
202409 6.624 315.301 7.016
202412 1.993 315.605 2.109
202503 5.368 319.799 5.606
202506 4.512 322.561 4.671
202509 5.626 324.800 5.785
202512 1.492 324.054 1.538
202603 4.493 330.213 4.544
202606 6.916 333.952 6.916

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 (FRA:OPC) Overvalued in 2026?

Based on GuruFocus' analysis, Occidental Petroleum stock appears to be overvalued. The current stock price of €48.40 is trading 13.9% above its estimated GF Value™ of €42.48. GuruFocus considers Occidental Petroleum to be Modestly Overvalued.

Key valuation signals for FRA:OPC:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €42.48 vs. price of €48.40 (13.9% above fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the FRA:OPC 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.
64GF Score

Get the complete analysis for FRA:OPC

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

€48.40
Price
€42.48
GF Value