Occidental Petroleum Stock Price To Book
OXY Stock | USD 50.32 0.47 0.94% |
Occidental Petroleum fundamentals help investors to digest information that contributes to Occidental Petroleum's financial success or failures. It also enables traders to predict the movement of Occidental Stock. The fundamental analysis module provides a way to measure Occidental Petroleum's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Occidental Petroleum stock.
Price To Book Ratio is likely to drop to 1.35 in 2024. Occidental | Price To Book |
Occidental Petroleum Company Price To Book Analysis
Occidental Petroleum's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Occidental Petroleum Price To Book | 1.79 X |
Most of Occidental Petroleum's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Occidental Petroleum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Occidental Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Occidental Petroleum is extremely important. It helps to project a fair market value of Occidental Stock properly, considering its historical fundamentals such as Price To Book. Since Occidental Petroleum's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Occidental Petroleum's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Occidental Petroleum's interrelated accounts and indicators.
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Occidental Price To Book Historical Pattern
Today, most investors in Occidental Petroleum Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Occidental Petroleum's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Occidental Petroleum price to book as a starting point in their analysis.
Occidental Petroleum Price To Book |
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Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Occidental Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Occidental Petroleum has a Price To Book of 1.7894 times. This is 55.6% lower than that of the Oil, Gas & Consumable Fuels sector and 83.28% lower than that of the Energy industry. The price to book for all United States stocks is 81.18% higher than that of the company.
Occidental Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Occidental Petroleum's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Occidental Petroleum could also be used in its relative valuation, which is a method of valuing Occidental Petroleum by comparing valuation metrics of similar companies.Occidental Petroleum is currently under evaluation in price to book category among its peers.
Occidental Petroleum ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Occidental Petroleum's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Occidental Petroleum's managers, analysts, and investors.Environmental | Governance | Social |
Occidental Fundamentals
Return On Equity | 0.13 | ||||
Return On Asset | 0.0459 | ||||
Profit Margin | 0.16 % | ||||
Operating Margin | 0.25 % | ||||
Current Valuation | 81.39 B | ||||
Shares Outstanding | 938.34 M | ||||
Shares Owned By Insiders | 27.40 % | ||||
Shares Owned By Institutions | 50.90 % | ||||
Number Of Shares Shorted | 32.94 M | ||||
Price To Earning | 5.77 X | ||||
Price To Book | 1.79 X | ||||
Price To Sales | 1.74 X | ||||
Revenue | 28.26 B | ||||
Gross Profit | 24.57 B | ||||
EBITDA | 14.54 B | ||||
Net Income | 4.7 B | ||||
Cash And Equivalents | 984 M | ||||
Cash Per Share | 1.36 X | ||||
Total Debt | 20.91 B | ||||
Debt To Equity | 0.75 % | ||||
Current Ratio | 1.10 X | ||||
Book Value Per Share | 28.13 X | ||||
Cash Flow From Operations | 12.31 B | ||||
Short Ratio | 2.89 X | ||||
Earnings Per Share | 3.65 X | ||||
Price To Earnings To Growth | 2.75 X | ||||
Target Price | 62.89 | ||||
Number Of Employees | 12.57 K | ||||
Beta | 1.61 | ||||
Market Capitalization | 47.22 B | ||||
Total Asset | 74.01 B | ||||
Retained Earnings | 19.63 B | ||||
Working Capital | (773 M) | ||||
Current Asset | 9.4 B | ||||
Current Liabilities | 6.84 B | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 5.49 % | ||||
Net Asset | 74.01 B | ||||
Last Dividend Paid | 0.84 |
About Occidental Petroleum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Occidental Petroleum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Occidental Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Occidental Petroleum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Occidental Petroleum's price analysis, check to measure Occidental Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Occidental Petroleum is operating at the current time. Most of Occidental Petroleum's value examination focuses on studying past and present price action to predict the probability of Occidental Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Occidental Petroleum's price. Additionally, you may evaluate how the addition of Occidental Petroleum to your portfolios can decrease your overall portfolio volatility.