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Occidental Petroleum price to book ratio OXY

Market value divided by the book value of the company's net assets, since 2009.

Today, Oct 23, 2026
1.5×
10-year median
1.8×
Against its 10-year history
40th
percentile: 0 is its lowest day, 100 its highest
10-year range
0.3× to 3.2×
Peer median
1.8×

Occidental Petroleum's price to book ratio is 1.5× as of Oct 23, 2026.

That is below its ten-year median of 1.8×, close to the middle of its last ten years.

Over that time it ranged from 0.3× in Mar 2020 to 3.2× in Jun 2018.

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

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far1.5×1.2×1.8×
20251.1×1.0×1.4×
20241.3×1.3×2.0×
20231.8×1.7×2.1×
20222.0×1.6×3.0×
20211.4×0.9×1.7×
20200.8×0.3×1.1×
20191.0×0.9×2.4×
20182.1×2.1×3.2×
20172.7×2.1×2.7×
20162.4×1.6×2.6×
20151.7×1.4×1.9×
20141.5×1.3×1.8×
20131.7×1.5×1.8×
20121.4×1.4×2.2×
20112.0×1.6×2.7×
20102.4×1.9×2.4×
20092.2×2.0×2.3×

Against its peers

Companies in Oil & Gas Exploration & Production nearest Occidental Petroleum's size, closest first, today.

CompanyPrice to book ratio
OXYOccidental Petroleum1.5×
FANGDiamondback Energy1.5×
DVNDevon Energy1.4×
EOGEOG Resources2.7×
EQTEQT1.4×
TPLTexas Pacific Land14.0×
COPConocoPhillips2.8×
EXEExpand Energy1.1×
PRPermian Resources1.8×
OVVOvintiv1.7×
APAAPA2.6×
Peer median1.8×

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 Occidental Petroleum

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