Occidental Petroleum (WBO:OXYP) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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.

WBO:OXYP Occidental Petroleum Corp WBO:OXYP
44 GF Score
Price €51.63
GF Value €46.19
Valuation Modestly Overvalued
! 4 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  (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 - - - 2.01 1.45

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 1.46 1.60 1.39 2.31 1.67

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
44GF Score
Occidental Petroleum Corp WBO:OXYP
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)
=5.992/333.9520*333.9520
=5.992

Current CPI (Jun. 2026) = 333.9520.

Occidental Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.095 241.428 4.281
201612 3.431 241.432 4.746
201703 3.611 243.801 4.946
201706 3.622 244.955 4.938
201709 3.321 246.819 4.493
201712 3.851 246.524 5.217
201803 4.012 249.554 5.369
201806 4.525 251.989 5.997
201809 5.836 252.439 7.720
201812 5.525 251.233 7.344
201903 4.769 254.202 6.265
201906 4.437 256.143 5.785
201909 6.133 256.759 7.977
201912 4.932 256.974 6.409
202003 5.315 258.115 6.877
202006 3.288 257.797 4.259
202009 3.700 260.280 4.747
202012 4.096 260.474 5.251
202103 4.613 264.877 5.816
202106 5.422 271.696 6.664
202109 6.095 274.310 7.420
202112 7.010 278.802 8.397
202203 7.339 287.504 8.525
202206 9.539 296.311 10.751
202209 9.285 296.808 10.447
202212 8.231 296.797 9.261
202303 6.802 301.836 7.526
202306 6.327 305.109 6.925
202309 6.976 307.789 7.569
202312 7.184 306.746 7.821
202403 6.035 312.332 6.453
202406 6.660 314.175 7.079
202409 6.612 315.301 7.003
202412 5.781 315.605 6.117
202503 5.617 319.799 5.866
202506 4.506 322.561 4.665
202509 5.699 324.800 5.860
202512 4.359 324.054 4.492
202603 4.726 330.213 4.780
202606 5.992 333.952 5.992

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 (WBO:OXYP) Overvalued in 2026?

Based on GuruFocus' analysis, Occidental Petroleum stock appears to be overvalued. The current stock price of €51.63 is trading 11.8% above its estimated GF Value™ of €46.19. GuruFocus considers Occidental Petroleum to be Modestly Overvalued.

Key valuation signals for WBO:OXYP:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €46.19 vs. price of €51.63 (11.8% above fair value)
  • GF Score™: 44/100 with 4 warning signs

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.
44GF 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.

€51.63
Price
€46.19
GF Value