EOG Resources (MIL:1EOG) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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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.

MIL:1EOG EOG Resources Inc MIL:1EOG
60 GF Score
Price €114.00
GF Value €141.36
Valuation Modestly Undervalued
! 4 Warning Signs
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What is EOG Resources Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


EOG Resources  (MIL:1EOG) 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.


EOG Resources Cyclically Adjusted PS Ratio Related Terms


EOG Resources Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for EOG 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.

EOG Resources Cyclically Adjusted PS Ratio Chart

EOG 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 - - - - 2.71

EOG 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 3.42 3.23 2.69 3.86 3.25

MIL:1EOG vs OXY, FANG, DVN: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, EOG 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.


EOG Resources Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


MIL:1EOG
60GF Score
EOG Resources Inc MIL:1EOG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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EOG 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.

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

For example, EOG 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)
=13.855/333.9520*333.9520
=13.855

Current CPI (Jun. 2026) = 333.9520.

EOG Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.280 241.428 4.537
201612 3.864 241.432 5.345
201703 4.160 243.801 5.698
201706 4.103 244.955 5.594
201709 3.896 246.819 5.271
201712 5.060 246.524 6.854
201803 5.272 249.554 7.055
201806 6.407 251.989 8.491
201809 6.975 252.439 9.227
201812 6.588 251.233 8.757
201903 6.198 254.202 8.142
201906 6.921 256.143 9.023
201909 7.335 256.759 9.540
201912 6.629 256.974 8.615
202003 5.468 258.115 7.075
202006 1.909 257.797 2.473
202009 3.431 260.280 4.402
202012 4.190 260.474 5.372
202103 5.792 264.877 7.302
202106 6.418 271.696 7.889
202109 7.638 274.310 9.299
202112 8.879 278.802 10.635
202203 10.310 287.504 11.976
202206 13.863 296.311 15.624
202209 12.908 296.808 14.523
202212 10.866 296.797 12.226
202303 8.890 301.836 9.836
202306 8.623 305.109 9.438
202309 9.671 307.789 10.493
202312 9.700 306.746 10.560
202403 9.357 312.332 10.005
202406 9.828 314.175 10.447
202409 9.444 315.301 10.003
202412 9.480 315.605 10.031
202503 10.070 319.799 10.516
202506 8.679 322.561 8.985
202509 9.015 324.800 9.269
202512 9.043 324.054 9.319
202603 10.827 330.213 10.950
202606 13.855 333.952 13.855

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 EOG Resources (MIL:1EOG) Overvalued in 2026?

Based on GuruFocus' analysis, EOG Resources stock appears to be undervalued. The current stock price of €114.00 is trading 19.4% below its estimated GF Value™ of €141.36. GuruFocus considers EOG Resources to be Modestly Undervalued.

Key valuation signals for MIL:1EOG:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €141.36 vs. price of €114.00 (19.4% below fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the MIL:1EOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EOG Resources Business Description

Industry EnergyOil & Gas
Address 1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002
EOG Resources is an oil and gas producer with acreage in several US shale plays, primarily in the Permian Basin and the Eagle Ford. At the end of 2024, it reported net proven reserves of 4.7 billion barrels of oil equivalent. Net production averaged roughly 1,232 thousand barrels of oil equivalent per day in 2025 at a ratio of 69% oil and natural gas liquids and 31% natural gas.
60GF Score

Get the complete analysis for MIL:1EOG

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

€114.00
Price
€141.36
GF Value