Occidental Petroleum (MEX:OXY1) Cyclically Adjusted PS Ratio: 2.04 (As of Aug. 31, 2026) — Near Median

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MEX:OXY1 Occidental Petroleum Corp MEX:OXY1
64 GF Score
Price MXN1,000.01
GF Value MXN868.40
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Occidental Petroleum Cyclically Adjusted PS Ratio?

Occidental Petroleum MEX:OXY1 64 Cyclically Adjusted PS Ratio is 2.04 as of Aug. 31, 2026, which is 7% below its 10-year median of 2.20. GuruFocus rates MEX:OXY1 with a GF Score™ of 64/100 and a GF Value™ of MXN868.40 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 712 Oil & Gas companies, Occidental Petroleum ranks worse than 69.52% on this metric.

As of today (2026-08-31), Occidental Petroleum's current share price is MXN1000.01. Occidental Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN490.77. Occidental Petroleum's Cyclically Adjusted PS Ratio for today is 2.04.

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

MEX:OXY1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 2.2   Max: 3.58
Current: 2.11

During the past years, Occidental Petroleum's highest Cyclically Adjusted PS Ratio was 3.58. The lowest was 0.38. And the median was 2.20.

MEX:OXY1's Cyclically Adjusted PS Ratio is ranked worse than
69.52% of 712 companies
in the Oil & Gas industry
Industry Median: 1.04 vs MEX:OXY1: 2.11

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.

Occidental Petroleum's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN139.030. 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 MXN490.77 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Occidental Petroleum  (MEX:OXY1) 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

MEX:OXY1 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.


MEX:OXY1
64GF Score
Occidental Petroleum Corp MEX:OXY1
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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1000.01/490.77
=2.04

* 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'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)
=139.03/333.9520*333.9520
=139.030

Current CPI (Jun. 2026) = 333.9520.

Occidental Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 67.016 241.428 92.699
201612 75.226 241.432 104.054
201703 72.762 243.801 99.667
201706 72.219 244.955 98.458
201709 71.015 246.819 96.085
201712 89.473 246.524 121.204
201803 89.133 249.554 119.277
201806 104.546 251.989 138.551
201809 127.820 252.439 169.093
201812 123.712 251.233 164.444
201903 103.490 254.202 135.958
201906 113.280 256.143 147.691
201909 136.772 256.759 177.892
201912 139.716 256.974 181.569
202003 172.925 258.115 223.732
202006 73.822 257.797 95.630
202009 97.654 260.280 125.295
202012 88.684 260.474 113.701
202103 115.951 264.877 146.189
202106 126.953 271.696 156.043
202109 145.826 274.310 177.532
202112 166.900 278.802 199.915
202203 166.620 287.504 193.538
202206 210.920 296.311 237.714
202209 188.409 296.808 211.987
202212 161.807 296.797 182.063
202303 133.529 301.836 147.737
202306 119.836 305.109 131.165
202309 130.124 307.789 141.185
202312 36.988 306.746 40.269
202403 104.536 312.332 111.772
202406 130.241 314.175 138.440
202409 144.756 315.301 153.319
202412 43.525 315.605 46.055
202503 118.724 319.799 123.978
202506 97.985 322.561 101.445
202509 121.136 324.800 124.549
202512 31.448 324.054 32.409
202603 93.665 330.213 94.726
202606 139.030 333.952 139.030

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 2.04 mean?
Occidental Petroleum (MEX:OXY1) has a Cyclically Adjusted PS Ratio of 2.04 as of Aug. 31, 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 Occidental Petroleum and its competitors. This is near median its historical median of 2.20. Over the past decade, Occidental Petroleum's Cyclically Adjusted PS Ratio has ranged from 0.38 to 3.58. According to the industry distribution chart, Occidental Petroleum ranks #495 out of 712 companies in the Oil & Gas industry, placing it in the top 69.5%.
Is Occidental Petroleum's Cyclically Adjusted PS Ratio too high?
Occidental Petroleum's current Cyclically Adjusted PS Ratio of 2.04 is near median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 3.58. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.04. Occidental Petroleum's value of 2.04 is 96.2% above this industry median. Based on the distribution chart, Occidental Petroleum ranks #495 out of 712 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Occidental Petroleum has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Occidental Petroleum's Cyclically Adjusted PS Ratio compare to FANG and DVN?
According to the Oil & Gas industry distribution chart, Occidental Petroleum ranks #495 out of 712 companies for Cyclically Adjusted PS Ratio. This places Occidental Petroleum in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.04. Occidental Petroleum's value of 2.04 is 96.2% above this benchmark. Historically, Occidental Petroleum's own Cyclically Adjusted PS Ratio has ranged from 0.38 to 3.58 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 1.04, Occidental Petroleum 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 1.04, based on 712 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. Occidental Petroleum's current Cyclically Adjusted PS Ratio of 2.04 is 96.2% 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 Occidental Petroleum and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Occidental Petroleum's current Cyclically Adjusted PS Ratio is 2.04, which is near median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Occidental Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Occidental Petroleum (MEX:OXY1) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN868.40, compared to a current price of MXN1,000.01 — trading 15.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.04, which is near median its 10-year median of 2.20 and 96.2% above the Oil & Gas industry median of 1.04. Occidental Petroleum's overall GF Score™ is 64/100 with 3 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 Occidental Petroleum (MEX:OXY1), the current Cyclically Adjusted PS Ratio is 2.04 as of Aug. 31, 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 Occidental Petroleum (MEX:OXY1) Overvalued in 2026?

Based on GuruFocus' analysis, Occidental Petroleum stock appears to be overvalued. The current stock price of MXN1,000.01 is trading 15.2% above its estimated GF Value™ of MXN868.40. GuruFocus considers Occidental Petroleum to be Modestly Overvalued.

Key valuation signals for MEX:OXY1:

  • Cyclically Adjusted PS Ratio: 2.04 (near median its 10-year median of 2.20)
  • GF Value™: MXN868.40 vs. price of MXN1,000.01 (15.2% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 96.2% above the Oil & Gas median (#495 of 712)

No single metric tells the full story. See the MEX:OXY1 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 MEX:OXY1

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

MXN1,000.01
Price
MXN868.40
GF Value