• Occidental Petroleum average price/book ratio for 2024 was 1.66, a 7.78% decline from 2023.
• Occidental Petroleum average price/book ratio for 2023 was 1.8, a 6.25% decline from 2022.
• Occidental Petroleum average price/book ratio for 2022 was 1.92, a 38.13% decline from 2021.

Price/book ratio can be defined as