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Occidental Petroleum (MIL:1OXY) Shiller PE Ratio : (As of May. 03, 2025)


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What is Occidental Petroleum Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Occidental Petroleum Shiller PE Ratio Historical Data

The historical data trend for Occidental Petroleum's Shiller PE 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.

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Occidental Petroleum Shiller PE Ratio Chart

Occidental Petroleum Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
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Occidental Petroleum Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Shiller PE 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 - - - - -

Competitive Comparison of Occidental Petroleum's Shiller PE Ratio

For the Oil & Gas E&P subindustry, Occidental Petroleum's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Occidental Petroleum's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Occidental Petroleum's Shiller PE Ratio falls into.


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Occidental Petroleum Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Occidental Petroleum's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Occidental Petroleum's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.306/133.1571*133.1571
=-0.306

Current CPI (Dec. 2024) = 133.1571.

Occidental Petroleum Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 -0.259 99.621 -0.346
201506 0.205 100.684 0.271
201509 -3.047 100.392 -4.041
201512 -6.224 99.792 -8.305
201603 0.090 100.470 0.119
201606 -0.160 101.688 -0.210
201609 -0.285 101.861 -0.373
201612 -0.341 101.863 -0.446
201703 0.140 102.862 0.181
201706 0.587 103.349 0.756
201709 0.210 104.136 0.269
201712 0.549 104.011 0.703
201803 0.746 105.290 0.943
201806 0.942 106.317 1.180
201809 2.091 106.507 2.614
201812 0.817 105.998 1.026
201903 0.743 107.251 0.922
201906 0.743 108.070 0.915
201909 -0.981 108.329 -1.206
201912 -1.350 108.420 -1.658
202003 -2.253 108.902 -2.755
202006 -8.099 108.767 -9.915
202009 -3.455 109.815 -4.189
202012 -1.159 109.897 -1.404
202103 -0.311 111.754 -0.371
202106 -0.083 114.631 -0.096
202109 0.553 115.734 0.636
202112 1.212 117.630 1.372
202203 4.222 121.301 4.635
202206 3.283 125.017 3.497
202209 2.545 125.227 2.706
202212 1.643 125.222 1.747
202303 0.934 127.348 0.977
202306 0.581 128.729 0.601
202309 1.124 129.860 1.153
202312 0.990 129.419 1.019
202403 0.690 131.776 0.697
202406 0.957 132.554 0.961
202409 0.883 133.029 0.884
202412 -0.306 133.157 -0.306

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Occidental Petroleum  (MIL:1OXY) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Occidental Petroleum Shiller PE Ratio Related Terms

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Occidental Petroleum Business Description

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 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,327 thousand barrels of oil equivalent per day in 2024 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.

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