California Resources price to book ratio CRC

Market value divided by the book value of the company's net assets, since 2015.

Today, Oct 23, 2026: 1.4×
6-year median: 1.7×
Against its 6-year history: 27th; percentile: 0 is its lowest day, 100 its highest
6-year range: 0.9× to 4.2×
Peer median: 1.8×

California Resources' price to book ratio is 1.4× as of Oct 23, 2026.

That is below its 6-year median of 1.7×, lower than on 73% of days in the last 6 years.

Over that time it ranged from 0.9× in Apr 2025 to 4.2× in Oct 2021.

The median for 10 oil and gas producers of a similar size is 1.8×.

Price to book ratio over time

median 1.7×

The dashed line is the 6-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	1.4×	1.1×	1.9×
2025	1.1×	0.9×	1.4×
2024	1.3×	1.3×	1.8×
2023	1.8×	1.3×	1.9×
2022	1.7×	1.6×	3.4×
2021	3.3×	1.6×	4.2×
2020	n/m a value too high to mean anything
2019	n/m a value too high to mean anything
2018	n/m a value too high to mean anything
2017	n/m a value too high to mean anything
2016	0.8×	0.5×	2.8×
2015	3.8×	3.3×	14.0×

Against its peers

Companies in Oil & Gas Exploration & Production nearest California Resources' size, closest first, today.

Company	Price to book ratio
CRCCalifornia Resources	1.4×
CNXCNX Resources	1.1×
CRKComstock Resources	1.6×
HESMHess Midstream	7.6×
PARRPAR Pacific	1.9×
LBLandBridge Co LLC	17.2×
MGYMagnolia Oil & Gas	2.9×
MURMurphy Oil	1.2×
BSMBlack Stone Minerals	3.9×
MTDRMatador Resources	1.3×
GPORGulfport Energy	1.6×
Peer median	1.8×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on California Resources

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.