Murphy Oil (MEX:MUR) Cyclically Adjusted PS Ratio: 2.15 (As of Jul. 23, 2026) — 90% Above Median

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.

MEX:MUR Murphy Oil Corp MEX:MUR
63 GF Score
Price MXN684.04
GF Value MXN612.34
! 4 Warning Signs
View Full Analysis

What is Murphy Oil Cyclically Adjusted PS Ratio?

Murphy Oil MEX:MUR 63 Cyclically Adjusted PS Ratio is 2.15 as of Jul. 23, 2026, which is 90% above its 10-year median of 1.13. GuruFocus rates MEX:MUR with a GF Score™ of 63/100 and a GF Value™ of MXN612.34. The stock has 4 warning signs investors should review. Among 707 Oil & Gas companies, Murphy Oil ranks worse than 68.03% on this metric.

As of today (2026-07-23), Murphy Oil's current share price is MXN684.04. Murphy Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN318.49. Murphy Oil's Cyclically Adjusted PS Ratio for today is 2.15.

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

MEX:MUR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 1.13   Max: 2.85
Current: 1.94

During the past years, Murphy Oil's highest Cyclically Adjusted PS Ratio was 2.85. The lowest was 0.15. And the median was 1.13.

MEX:MUR's Cyclically Adjusted PS Ratio is ranked worse than
68.03% of 707 companies
in the Oil & Gas industry
Industry Median: 1.03 vs MEX:MUR: 1.94

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.

Murphy Oil's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN91.469. 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 MXN318.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Murphy Oil  (MEX:MUR) 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.


Murphy Oil Cyclically Adjusted PS Ratio Related Terms


Murphy Oil Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Murphy Oil'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.

Murphy Oil Cyclically Adjusted PS Ratio Chart

Murphy Oil 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 1.04 2.08 2.15 1.63 1.67

Murphy Oil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.52 1.20 1.50 1.67 2.14

MEX:MUR vs MGY, CNX, CRC: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Murphy Oil'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.


Murphy Oil Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


MEX:MUR
63GF Score
Murphy Oil Corp MEX:MUR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Murphy Oil 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.

Murphy Oil's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=684.04/318.49
=2.15

* 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.

Murphy Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Murphy Oil's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=91.469/330.2130*330.2130
=91.469

Current CPI (Mar. 2026) = 330.2130.

Murphy Oil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 44.010 241.018 60.297
201609 54.602 241.428 74.682
201612 64.211 241.432 87.823
201703 55.374 243.801 75.001
201706 50.026 244.955 67.438
201709 53.758 246.819 71.921
201712 -22.491 246.524 -30.126
201803 41.234 249.554 54.561
201806 48.199 251.989 63.161
201809 51.060 252.439 66.791
201812 53.652 251.233 70.519
201903 69.965 254.202 90.886
201906 77.216 256.143 99.545
201909 92.019 256.759 118.344
201912 92.148 256.974 118.411
202003 91.851 258.115 117.507
202006 42.945 257.797 55.008
202009 61.172 260.280 77.608
202012 56.997 260.474 72.257
202103 78.672 264.877 98.078
202106 97.835 271.696 118.906
202109 90.664 274.310 109.141
202112 101.252 278.802 119.923
202203 111.996 287.504 128.633
202206 152.843 296.311 170.330
202209 149.122 296.808 165.905
202212 121.928 296.797 135.656
202303 96.197 301.836 105.241
202306 88.592 305.109 95.881
202309 105.934 307.789 113.652
202312 92.130 306.746 99.178
202403 85.761 312.332 90.671
202406 95.822 314.175 100.714
202409 98.635 315.301 103.300
202412 95.127 315.605 99.530
202503 94.869 319.799 97.958
202506 89.805 322.561 91.935
202509 92.661 324.800 94.205
202512 76.568 324.054 78.023
202603 91.469 330.213 91.469

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 2.15 mean?
Murphy Oil (MEX:MUR) has a Cyclically Adjusted PS Ratio of 2.15 as of Jul. 23, 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 Murphy Oil and its competitors. This is 90% above median its historical median of 1.13. Over the past decade, Murphy Oil's Cyclically Adjusted PS Ratio has ranged from 0.15 to 2.85. According to the industry distribution chart, Murphy Oil ranks #481 out of 707 companies in the Oil & Gas industry, placing it in the top 68%.
Is Murphy Oil's Cyclically Adjusted PS Ratio too high?
Murphy Oil's current Cyclically Adjusted PS Ratio of 2.15 is 90% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 2.85. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.03. Murphy Oil's value of 2.15 is 108.7% above this industry median. Based on the distribution chart, Murphy Oil ranks #481 out of 707 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Murphy Oil has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Murphy Oil's Cyclically Adjusted PS Ratio compare to MGY and CNX?
According to the Oil & Gas industry distribution chart, Murphy Oil ranks #481 out of 707 companies for Cyclically Adjusted PS Ratio. This places Murphy Oil in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.03. Murphy Oil's value of 2.15 is 108.7% above this benchmark. Historically, Murphy Oil's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 2.85 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.03, Murphy Oil has consistently been above 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 1.03, based on 707 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. Murphy Oil's current Cyclically Adjusted PS Ratio of 2.15 is 108.7% above 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 Murphy Oil and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Murphy Oil's current Cyclically Adjusted PS Ratio is 2.15, which is 90% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Murphy Oil stock overvalued right now?
Murphy Oil (MEX:MUR) has a current Cyclically Adjusted PS Ratio of 2.15. The stock's GF Value™ is MXN612.34, compared to a current price of MXN684.04 — trading 11.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.15, which is 90% above median its 10-year median of 1.13 and 108.7% above the Oil & Gas industry median of 1.03. Murphy Oil's overall GF Score™ is 63/100 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 Murphy Oil (MEX:MUR), the current Cyclically Adjusted PS Ratio is 2.15 as of Jul. 23, 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 Murphy Oil (MEX:MUR) Overvalued in 2026?

Based on GuruFocus' analysis, Murphy Oil stock appears to be overvalued. The current stock price of MXN684.04 is trading 11.7% above its estimated GF Value™ of MXN612.34.

Key valuation signals for MEX:MUR:

  • Cyclically Adjusted PS Ratio: 2.15 (90% above median its 10-year median of 1.13)
  • GF Value™: MXN612.34 vs. price of MXN684.04 (11.7% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 108.7% above the Oil & Gas median (#481 of 707)

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


Murphy Oil Business Description

Industry EnergyOil & Gas
Other Exchanges MUR:USA0K3S:UKMUQ:Germany
Address 9805 Katy Freeway, Suite G-200, Houston, TX, USA, 77024
Murphy Oil Corp is an oil and gas exploration and production company, with both onshore and offshore operations and properties. It operates in two geographic reportable segments the United States and Canada. It generates the majority of its revenue form the United States. The company also generates revenue from sales of oil and natural gas production activities.
63GF Score

Get the complete analysis for MEX:MUR

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

MXN684.04
Price
MXN612.34
GF Value