• Occidental Petroleum average price/book ratio for 2023 was 1.81, a 6.22% decline from 2022.
• Occidental Petroleum average price/book ratio for 2022 was 1.93, a 38.85% decline from 2021.
• Occidental Petroleum average price/book ratio for 2021 was 1.39, a 139.66% increase from 2020.

Price/book ratio can be defined as