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Petrobras (PBR.A) Stock Analysis

This is a peer-relative look at Petrobras (PBR.A): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Energy peers, so every number reads in context rather than in isolation.

Company Profile

Petrobras (PBR.A) trades as an ADR rather than ordinary local shares — read it with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile fields for Petrobras (PBR.A)
Profile ItemPBR.A
NamePetroleo Brasileiro S.A. - Petrobras American Depositary Receipt
Country/RegionBrazil
GICS SectorEnergy
GICS Industry GroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
GICS Sub-IndustryIntegrated Oil & Gas
Market Capitalization124.95 billion USD
CurrencyUSD
ExchangeNYSE
Listing DateOctober 7, 2003
Security TypeADR

Price Performance

Cumulative Growth

PBR.A
GSPC
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Petrobras (PBR.A) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Petrobras (PBR.A) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Petrobras (PBR.A) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Petrobras (PBR.A) metric values compared with Energy industry-group medians
MetricCurrent stock: PBR.AIndustry group median
Total Return (1Y)67.52%47.64%
Total Return (3Y, Annualized)24.89%16.62%
Total Return (5Y, Annualized)43.29%21.50%

Risk Profile

Drawdown History

PBR.A
GSPC
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Petrobras (PBR.A) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Petrobras (PBR.A) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Petrobras (PBR.A) metric values compared with Energy industry-group medians
MetricCurrent stock: PBR.AIndustry group median
Volatility (1Y, Annualized)30.89%40.36%
Beta (5Y)0.420.64
Max Drawdown (5Y)-36.72%-52.45%

Risk-Adjusted Performance

Risk-Return Positioning

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Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. PBR.A is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Petrobras (PBR.A) metric values compared with Energy industry-group medians
MetricCurrent stock: PBR.AIndustry group median
Sharpe Ratio (1Y)2.051.17
Sortino Ratio (1Y)3.161.84

Profitability

ROE (TTM)

Petrobras (PBR.A) posts ROE of 30.27%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

PBR.A

Energy industry group

30.27%

Group distribution
Max
42.10%
PBR.A
30.27%
Q3
20.91%
Median
11.24%
Q1
1.52%
Min
-26.68%
Largest peers
PBR.A
30.27%
TTE
14.48%
SHEL
14.34%
COP
14.18%
XOM
12.58%
CVX
12.23%
BP
8.87%
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Where Petrobras (PBR.A) stands on ROE within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Petrobras (PBR.A) keeps 24.32% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

PBR.A

Energy industry group

24.32%

Group distribution
Max
54.76%
PBR.A
24.32%
Q3
22.09%
Median
8.01%
Q1
0.05%
Min
-31.11%
Largest peers
PBR.A
24.32%
COP
14.40%
CVX
9.83%
TTE
9.08%
XOM
9.07%
SHEL
8.76%
BP
2.55%
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Where Petrobras (PBR.A) stands on net margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Petrobras (PBR.A) turns 44.68% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

PBR.A

Energy industry group

44.68%

Group distribution
Max
83.65%
PBR.A
44.68%
Q3
43.89%
Median
22.45%
Q1
8.51%
Min
-9.47%
Largest peers
PBR.A
44.68%
COP
31.51%
CVX
21.87%
SHEL
16.69%
XOM
15.86%
BP
13.15%
TTE
12.79%
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Where Petrobras (PBR.A) stands on operating margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Petrobras (PBR.A) metric values compared with Energy industry-group medians
MetricCurrent stock: PBR.AIndustry group median
ROE (TTM)30.27%11.24%
ROA (TTM)10.07%4.73%
Net Margin (TTM)24.32%8.01%
Operating Margin (TTM)44.68%22.45%
Gross Margin (TTM)50.60%44.47%

Growth

Revenue Growth

Petrobras (PBR.A) grew revenue -2.43%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

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Petrobras (PBR.A): Revenue Growth across different time periods, set against Energy industry-group medians.

EPS Growth

Petrobras (PBR.A) grew earnings per share 160.23%, above the industry benchmark range. Profits are compounding faster than at any typical peer, though a depressed base year can inflate the percentage, so the level of earnings matters alongside the rate.

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Petrobras (PBR.A): EPS Growth across different time periods, set against Energy industry-group medians.

Growth Metrics

Petrobras (PBR.A) metric values compared with Energy industry-group medians
MetricCurrent stock: PBR.AIndustry group median
Revenue Growth (YoY)-2.43%0.76%
Revenue Growth (3Y CAGR)-10.51%0.62%
EPS Growth (YoY)160.23%-12.75%
EPS Growth (3Y CAGR)-18.50%-12.24%

Financial Strength

Current Ratio (MRQ)

Petrobras (PBR.A) has current ratio of 0.85, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

PBR.A

Energy industry group

0.85

Group distribution
Max
4.12
Q3
2.27
Median
1.46
Q1
0.90
PBR.A
0.85
Min
0.24
Largest peers
COP
1.54
SHEL
1.44
BP
1.27
CVX
1.25
XOM
1.14
TTE
1.06
PBR.A
0.85
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Where Petrobras (PBR.A) stands on current ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Petrobras (PBR.A) has debt-to-equity ratio of 0.76, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

PBR.A

Energy industry group

0.76

Group distribution
Max
2.00
Q3
0.98
PBR.A
0.76
Median
0.56
Q1
0.27
Min
0.00
Largest peers
BP
0.95
PBR.A
0.76
TTE
0.48
SHEL
0.40
COP
0.36
CVX
0.19
XOM
0.16
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Where Petrobras (PBR.A) stands on debt-to-equity ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Petrobras (PBR.A) metric values compared with Energy industry-group medians
MetricCurrent stock: PBR.AIndustry group median
Current Ratio (MRQ)0.851.46
Debt / Equity (MRQ)0.760.56
Net Debt / EBITDA1.291.27

Dividends

Dividend Yield (TTM)

Petrobras (PBR.A) has dividend yield of 19.74%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.

PBR.A

Energy industry group

19.74%

Group distribution
PBR.A
19.74%
Max
7.75%
Q3
3.24%
Median
1.40%
Q1
0.00%
Min
0.00%
Largest peers
PBR.A
19.74%
TTE
4.54%
CVX
3.30%
XOM
2.52%
COP
2.43%
SHEL
1.64%
BP
0.77%
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Where Petrobras (PBR.A) stands on dividend yield within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Petrobras (PBR.A) has payout ratio of 29.09%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

PBR.A

Energy industry group

29.09%

Group distribution
Max
123.08%
Q3
52.71%
PBR.A
29.09%
Median
26.57%
Q1
0.00%
Min
0.00%
Largest peers
BP
95.39%
CVX
67.18%
XOM
52.51%
TTE
49.31%
COP
43.65%
SHEL
32.71%
PBR.A
29.09%
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Where Petrobras (PBR.A) stands on payout ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Petrobras (PBR.A) metric values compared with Energy industry-group medians
MetricCurrent stock: PBR.AIndustry group median
Dividend Yield (TTM)19.74%1.40%
Dividend Payout Ratio (TTM)29.09%26.57%

Valuation

P/E Ratio (TTM)

Petrobras (PBR.A) trades at P/E ratio of 4.61, in the cheaper earnings-multiple quartile for its industry. Investors are paying less for each dollar of TTM earnings than they usually pay for comparable businesses.

PBR.A

Energy industry group

4.61

Group distribution
Max
53.58
Q3
27.49
Median
15.20
Q1
9.32
PBR.A
4.61
Min
2.53
Largest peers
BP
20.96
XOM
20.52
CVX
20.08
COP
17.76
TTE
11.09
SHEL
10.28
PBR.A
4.61
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Where Petrobras (PBR.A) stands on P/E ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Petrobras (PBR.A) trades at 0.23 on P/S ratio, in the lower sales-valuation quartile for its industry. That points to a cheaper revenue stream than most peers, with margin quality still doing the heavy lifting.

PBR.A

Energy industry group

0.23

Group distribution
Max
5.30
Q3
3.07
Median
1.91
Q1
1.06
PBR.A
0.23
Min
0.00
Largest peers
COP
2.50
CVX
1.95
XOM
1.82
TTE
1.00
SHEL
0.90
BP
0.52
PBR.A
0.23
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Where Petrobras (PBR.A) stands on P/S ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Petrobras (PBR.A) trades at 1.27 on P/B ratio, in the lower book-value quartile for its industry. Investors are paying less for the balance-sheet equity than they pay for most peers, with returns on that equity still central to the read.

PBR.A

Energy industry group

1.27

Group distribution
Max
4.75
Q3
2.75
Median
1.87
Q1
1.32
PBR.A
1.27
Min
0.01
Largest peers
BP
7.76
XOM
2.53
COP
2.47
CVX
2.15
TTE
1.53
SHEL
1.43
PBR.A
1.27
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Where Petrobras (PBR.A) stands on P/B ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Petrobras (PBR.A) metric values compared with Energy industry-group medians
MetricCurrent stock: PBR.AIndustry group median
P/E Ratio (TTM)4.6115.20
P/S Ratio (TTM)0.231.91
P/B Ratio (MRQ)1.271.87
Free Cash Flow Yield (TTM)75.42%4.03%