Occidental Petroleum (WBO:OXYP) Cyclically Adjusted PS Ratio: 1.95 (As of Aug. 09, 2026) — 12% Below Median

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WBO:OXYP Occidental Petroleum Corp WBO:OXYP
45 GF Score
Price €48.56
GF Value €44.14
Valuation Fairly Valued
! 3 Warning Signs
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What is Occidental Petroleum Cyclically Adjusted PS Ratio?

Occidental Petroleum WBO:OXYP -0.42% 45 Cyclically Adjusted PS Ratio is 1.95 as of Aug. 09, 2026, which is 12% below its 10-year median of 2.21. GuruFocus rates WBO:OXYP with a GF Score™ of 45/100 and a GF Value™ of €44.14 (Fairly Valued). The stock has 3 warning signs investors should review. Among 716 Oil & Gas companies, Occidental Petroleum ranks worse than 68.58% on this metric.

As of today (2026-08-09), Occidental Petroleum's current share price is €48.555. Occidental Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €24.90. Occidental Petroleum's Cyclically Adjusted PS Ratio for today is 1.95.

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

WBO:OXYP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 2.21   Max: 3.58
Current: 2

During the past years, Occidental Petroleum's highest Cyclically Adjusted PS Ratio was 3.58. The lowest was 0.38. And the median was 2.21.

WBO:OXYP's Cyclically Adjusted PS Ratio is ranked worse than
68.58% of 716 companies
in the Oil & Gas industry
Industry Median: 1.04 vs WBO:OXYP: 2.00

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 €6.916. 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 €24.90 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Occidental Petroleum  (WBO:OXYP) 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

WBO:OXYP 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.


WBO:OXYP
45GF Score
Occidental Petroleum Corp WBO:OXYP
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
=48.555/24.90
=1.95

* 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)
=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.

What does a Cyclically Adjusted PS Ratio of 1.95 mean?
Occidental Petroleum (WBO:OXYP) has a Cyclically Adjusted PS Ratio of 1.95 as of Aug. 09, 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 12% below median its historical median of 2.21. 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 #491 out of 716 companies in the Oil & Gas industry, placing it in the top 68.6%.
Is Occidental Petroleum's Cyclically Adjusted PS Ratio too high?
Occidental Petroleum's current Cyclically Adjusted PS Ratio of 1.95 is 12% below median its 10-year median of 2.21. 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 1.95 is 87.5% above this industry median. Based on the distribution chart, Occidental Petroleum ranks #491 out of 716 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Occidental Petroleum has a GF Score™ of 45/100 and is considered Fairly Valued, 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 #491 out of 716 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 1.95 is 87.5% 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 2.21 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 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. Occidental Petroleum's current Cyclically Adjusted PS Ratio of 1.95 is 87.5% 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 1.95, which is 12% below median its own 10-year median of 2.21. 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 (WBO:OXYP) is currently considered Fairly Valued. The stock's GF Value™ is €44.14, compared to a current price of €48.56 — trading 10% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.95, which is 12% below median its 10-year median of 2.21 and 87.5% above the Oil & Gas industry median of 1.04. Occidental Petroleum's overall GF Score™ is 45/100 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 (WBO:OXYP), the current Cyclically Adjusted PS Ratio is 1.95 as of Aug. 09, 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 (WBO:OXYP) Overvalued in 2026?

Based on GuruFocus' analysis, Occidental Petroleum stock appears to be overvalued. The current stock price of €48.56 is trading 10% above its estimated GF Value™ of €44.14. GuruFocus considers Occidental Petroleum to be Fairly Valued.

Key valuation signals for WBO:OXYP:

  • Cyclically Adjusted PS Ratio: 1.95 (12% below median its 10-year median of 2.21)
  • GF Value™: €44.14 vs. price of €48.56 (10% above fair value)
  • GF Score™: 45/100 with 3 warning signs
  • Industry Position: 87.5% above the Oil & Gas median (#491 of 716)

No single metric tells the full story. See the WBO:OXYP 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.
45GF Score

Get the complete analysis for WBO:OXYP

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

€48.56
Price
€44.14
GF Value