Occidental Ptb Ratio from 2010 to 2024

OXY Stock  USD 50.44  1.49  2.87%   
Occidental Petroleum PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 1.35 in 2024. PTB Ratio is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on Occidental Petroleum's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
1.75517792
Current Value
1.35
Quarterly Volatility
0.56097357
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Occidental Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Occidental Petroleum's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 B, Interest Expense of 992.2 M or Total Revenue of 17.8 B, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0505 or PTB Ratio of 1.35. Occidental financial statements analysis is a perfect complement when working with Occidental Petroleum Valuation or Volatility modules.
  
Check out the analysis of Occidental Petroleum Correlation against competitors.
For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.

Latest Occidental Petroleum's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Occidental Petroleum over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Occidental Petroleum's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Occidental Petroleum's overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Very volatile
   Ptb Ratio   
       Timeline  

Occidental Ptb Ratio Regression Statistics

Arithmetic Mean1.71
Geometric Mean1.62
Coefficient Of Variation32.76
Mean Deviation0.44
Median1.76
Standard Deviation0.56
Sample Variance0.31
Range1.8833
R-Value(0.09)
Mean Square Error0.34
R-Squared0.01
Significance0.76
Slope(0.01)
Total Sum of Squares4.41

Occidental Ptb Ratio History

2024 1.35
2023 1.76
2021 1.33
2020 0.86
2019 0.97
2018 2.19
2017 2.74

About Occidental Petroleum Financial Statements

Occidental Petroleum investors use historical fundamental indicators, such as Occidental Petroleum's Ptb Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Occidental Petroleum. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 1.76  1.35 

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Additional Tools for Occidental Stock Analysis

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.