PBR vs. SHEL: Petrobras vs. Shell Stock Comparison
How do Petrobras (PBR) and Shell (SHEL) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Petrobras (PBR) and Shell (SHEL) are both classified in the Integrated Oil & Gas sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.
Both Petrobras (PBR) and Shell (SHEL) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | PBR | SHEL |
|---|---|---|
| Name | Petrobras S.A. Sponsored ADR | Shell plc |
| Country/Region | Brazil | United Kingdom |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Integrated Oil & Gas | Integrated Oil & Gas |
| Market Capitalization | 115.74 billion USD | 244.58 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | August 10, 2000 | March 12, 1984 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | PBR | SHEL |
|---|---|---|
| Total Return (1Y) | 42.02% | 28.77% |
| Total Return (3Y, Annualized) | 23.63% | 17.55% |
| Total Return (5Y, Annualized) | 38.87% | 20.90% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | PBR | SHEL |
|---|---|---|
| Volatility (1Y, Annualized) | 32.63% | 22.31% |
| Beta (5Y) | 0.32 | 0.04 |
| Max Drawdown (5Y) | -35.75% | -25.04% |
| Avg. Volume (3M) | 15.76M | 6.89M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | PBR | SHEL |
|---|---|---|
| Sharpe Ratio (1Y) | 1.16 | 1.11 |
| Sortino Ratio (1Y) | 1.73 | 1.61 |
Profitability
ROE (TTM)
Petrobras (PBR) at 25.60% sits in the top ROE quartile, while Shell (SHEL) at 14.34% is closer to the peer norm — stronger capital efficiency for PBR.
PBR
Energy industry group
25.60%
- Max
- 42.10%
- PBR
- 25.60%
- Q3
- 19.40%
- Median
- 10.25%
- Q1
- -0.11%
- Min
- -26.68%
SHEL
Energy industry group
14.34%
- Max
- 42.10%
- Q3
- 19.40%
- SHEL
- 14.34%
- Median
- 10.25%
- Q1
- -0.11%
- Min
- -26.68%
Net Margin (TTM)
Petrobras (PBR) at 21.60% retains a top-quartile share of revenue as profit, ahead of Shell (SHEL) at 8.76%, which keeps about the industry-typical share.
PBR
Energy industry group
21.60%
- Max
- 51.35%
- PBR
- 21.60%
- Q3
- 21.52%
- Median
- 7.66%
- Q1
- 0.00%
- Min
- -24.25%
SHEL
Energy industry group
8.76%
- Max
- 51.35%
- Q3
- 21.52%
- SHEL
- 8.76%
- Median
- 7.66%
- Q1
- 0.00%
- Min
- -24.25%
Operating Margin (TTM)
Both Petrobras (PBR) at 31.95% and Shell (SHEL) at 16.69% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
PBR
Energy industry group
31.95%
- Max
- 78.18%
- Q3
- 38.21%
- PBR
- 31.95%
- Median
- 18.59%
- Q1
- 8.37%
- Min
- -27.84%
SHEL
Energy industry group
16.69%
- Max
- 78.18%
- Q3
- 38.21%
- Median
- 18.59%
- SHEL
- 16.69%
- Q1
- 8.37%
- Min
- -27.84%
Profitability Metrics
| Metric | PBR | SHEL |
|---|---|---|
| ROE (TTM) | 25.60% | 14.34% |
| ROA (TTM) | 8.23% | 6.40% |
| Net Margin (TTM) | 21.60% | 8.76% |
| Operating Margin (TTM) | 31.95% | 16.69% |
| Gross Margin (TTM) | 47.36% | 26.09% |
Growth
Revenue Growth
Shell (SHEL) at -6.13% is around its peer norm for revenue growth, while Petrobras (PBR) at -13.51% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Petrobras (PBR) at 132.32% sits in the top EPS growth quartile, while Shell (SHEL) at 18.58% is closer to the peer norm — faster per-share earnings growth for PBR.
Growth Metrics
| Metric | PBR | SHEL |
|---|---|---|
| Revenue Growth (YoY) | -13.51% | -6.13% |
| Revenue Growth (3Y CAGR) | -9.45% | -11.21% |
| EPS Growth (YoY) | 132.32% | 18.58% |
| EPS Growth (3Y CAGR) | -17.53% | -19.31% |
Financial Strength
Current Ratio (MRQ)
Shell (SHEL) at 1.44 keeps current ratio within its industry’s typical mid-range, while Petrobras (PBR) at 0.74 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PBR.
PBR
Energy industry group
0.74
- Max
- 4.44
- Q3
- 2.32
- Median
- 1.47
- Q1
- 0.88
- PBR
- 0.74
- Min
- 0.08
SHEL
Energy industry group
1.44
- Max
- 4.44
- Q3
- 2.32
- Median
- 1.47
- SHEL
- 1.44
- Q1
- 0.88
- Min
- 0.08
Debt / Equity (MRQ)
Both Petrobras (PBR) at 0.83 and Shell (SHEL) at 0.40 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
PBR
Energy industry group
0.83
- Max
- 2.02
- Q3
- 1.00
- PBR
- 0.83
- Median
- 0.57
- Q1
- 0.29
- Min
- 0.00
SHEL
Energy industry group
0.40
- Max
- 2.02
- Q3
- 1.00
- Median
- 0.57
- SHEL
- 0.40
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | PBR | SHEL |
|---|---|---|
| Current Ratio (MRQ) | 0.74 | 1.44 |
| Debt / Equity (MRQ) | 0.83 | 0.40 |
| Net Debt / EBITDA | 1.59 | 0.72 |
Dividends
Dividend Yield (TTM)
Petrobras (PBR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Shell (SHEL) reports a yield of 1.69%, ranking against industry peers normally.
PBR
Energy industry group
0.00%
- Max
- 6.79%
- Q3
- 2.74%
- Median
- 1.18%
- PBR
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SHEL
Energy industry group
1.69%
- Max
- 6.79%
- Q3
- 2.74%
- SHEL
- 1.69%
- Median
- 1.18%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Petrobras (PBR) at 41.58% and Shell (SHEL) at 32.71% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
PBR
Energy industry group
41.58%
- Max
- 123.08%
- Q3
- 54.79%
- PBR
- 41.58%
- Median
- 27.03%
- Q1
- 0.00%
- Min
- 0.00%
SHEL
Energy industry group
32.71%
- Max
- 123.08%
- Q3
- 54.79%
- SHEL
- 32.71%
- Median
- 27.03%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | PBR | SHEL |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.69% |
| Dividend Payout Ratio (TTM) | 41.58% | 32.71% |
Valuation
P/E Ratio (TTM)
Petrobras (PBR) at 5.87 sits in the cheaper P/E ratio quartile, while Shell (SHEL) at 9.91 is closer to its industry’s usual earnings multiple — a discount for PBR, though growth and earnings durability still matter.
PBR
Energy industry group
5.87
- Max
- 50.29
- Q3
- 26.02
- Median
- 15.45
- Q1
- 9.09
- PBR
- 5.87
- Min
- 2.22
SHEL
Energy industry group
9.91
- Max
- 50.29
- Q3
- 26.02
- Median
- 15.45
- SHEL
- 9.91
- Q1
- 9.09
- Min
- 2.22
P/S Ratio (TTM)
Both Petrobras (PBR) at 0.23 and Shell (SHEL) at 0.82 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.
PBR
Energy industry group
0.23
- Max
- 5.08
- Q3
- 2.76
- Median
- 1.75
- Q1
- 0.96
- PBR
- 0.23
- Min
- 0.00
SHEL
Energy industry group
0.82
- Max
- 5.08
- Q3
- 2.76
- Median
- 1.75
- Q1
- 0.96
- SHEL
- 0.82
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Petrobras (PBR) at 1.34 and Shell (SHEL) at 1.36 are valued close to their industries’ norm against book — neither stands out from peers.
PBR
Energy industry group
1.34
- Max
- 4.78
- Q3
- 2.75
- Median
- 1.69
- PBR
- 1.34
- Q1
- 1.20
- Min
- 0.01
SHEL
Energy industry group
1.36
- Max
- 4.78
- Q3
- 2.75
- Median
- 1.69
- SHEL
- 1.36
- Q1
- 1.20
- Min
- 0.01
Valuation Metrics
| Metric | PBR | SHEL |
|---|---|---|
| P/E Ratio (TTM) | 5.87 | 9.91 |
| P/S Ratio (TTM) | 0.23 | 0.82 |
| P/B Ratio (MRQ) | 1.34 | 1.36 |
| Free Cash Flow Yield (TTM) | 71.65% | 8.77% |