PBR.A vs. SHEL: Petrobras vs. Shell Stock Comparison
How do Petrobras (PBR.A) 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.A) 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.A) 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.A | SHEL |
|---|---|---|
| Name | Petroleo Brasileiro S.A. - Petrobras American Depositary Receipt | Shell plc American Depositary Shares (Each representing two Ordinary shares) |
| 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 | 124.95 billion USD | 265.91 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 7, 2003 | March 12, 1984 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | PBR.A | SHEL |
|---|---|---|
| Total Return (1Y) | 67.52% | 33.33% |
| Total Return (3Y, Annualized) | 24.89% | 18.51% |
| Total Return (5Y, Annualized) | 43.29% | 22.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | PBR.A | SHEL |
|---|---|---|
| Volatility (1Y, Annualized) | 30.89% | 22.48% |
| Beta (5Y) | 0.42 | 0.11 |
| Max Drawdown (5Y) | -36.72% | -25.04% |
| Avg. Volume (3M) | 7.57M | 6.42M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | PBR.A | SHEL |
|---|---|---|
| Sharpe Ratio (1Y) | 2.05 | 1.30 |
| Sortino Ratio (1Y) | 3.16 | 1.91 |
Profitability
ROE (TTM)
Petrobras (PBR.A) at 30.27% sits in the top ROE quartile, while Shell (SHEL) at 14.34% is closer to the peer norm — stronger capital efficiency for PBR.A.
PBR.A
Energy industry group
30.27%
- Max
- 42.10%
- PBR.A
- 30.27%
- Q3
- 20.91%
- Median
- 11.24%
- Q1
- 1.52%
- Min
- -26.68%
SHEL
Energy industry group
14.34%
- Max
- 42.10%
- Q3
- 20.91%
- SHEL
- 14.34%
- Median
- 11.24%
- Q1
- 1.52%
- Min
- -26.68%
Net Margin (TTM)
Petrobras (PBR.A) at 24.32% retains a top-quartile share of revenue as profit, ahead of Shell (SHEL) at 8.76%, which keeps about the industry-typical share.
PBR.A
Energy industry group
24.32%
- Max
- 54.76%
- PBR.A
- 24.32%
- Q3
- 22.09%
- Median
- 8.01%
- Q1
- 0.05%
- Min
- -31.11%
SHEL
Energy industry group
8.76%
- Max
- 54.76%
- Q3
- 22.09%
- SHEL
- 8.76%
- Median
- 8.01%
- Q1
- 0.05%
- Min
- -31.11%
Operating Margin (TTM)
Petrobras (PBR.A) at 44.68% operates in the top operating margin quartile, ahead of Shell (SHEL) at 16.69%, which runs around its industry’s norm.
PBR.A
Energy industry group
44.68%
- Max
- 83.65%
- PBR.A
- 44.68%
- Q3
- 43.89%
- Median
- 22.45%
- Q1
- 8.51%
- Min
- -9.47%
SHEL
Energy industry group
16.69%
- Max
- 83.65%
- Q3
- 43.89%
- Median
- 22.45%
- SHEL
- 16.69%
- Q1
- 8.51%
- Min
- -9.47%
Profitability Metrics
| Metric | PBR.A | SHEL |
|---|---|---|
| ROE (TTM) | 30.27% | 14.34% |
| ROA (TTM) | 10.07% | 6.40% |
| Net Margin (TTM) | 24.32% | 8.76% |
| Operating Margin (TTM) | 44.68% | 16.69% |
| Gross Margin (TTM) | 50.60% | 26.09% |
Growth
Revenue Growth
Both Petrobras (PBR.A) at -2.43% and Shell (SHEL) at -6.13% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Petrobras (PBR.A) at 160.23% clears its industry range for EPS growth, a much stronger earnings trajectory than Shell (SHEL) at 18.58%, which is closer to a typical peer reading.
Growth Metrics
| Metric | PBR.A | SHEL |
|---|---|---|
| Revenue Growth (YoY) | -2.43% | -6.13% |
| Revenue Growth (3Y CAGR) | -10.51% | -11.21% |
| EPS Growth (YoY) | 160.23% | 18.58% |
| EPS Growth (3Y CAGR) | -18.50% | -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.A) at 0.85 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PBR.A.
PBR.A
Energy industry group
0.85
- Max
- 4.12
- Q3
- 2.27
- Median
- 1.46
- Q1
- 0.90
- PBR.A
- 0.85
- Min
- 0.24
SHEL
Energy industry group
1.44
- Max
- 4.12
- Q3
- 2.27
- Median
- 1.46
- SHEL
- 1.44
- Q1
- 0.90
- Min
- 0.24
Debt / Equity (MRQ)
Both Petrobras (PBR.A) at 0.76 and Shell (SHEL) at 0.40 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
PBR.A
Energy industry group
0.76
- Max
- 2.00
- Q3
- 0.98
- PBR.A
- 0.76
- Median
- 0.56
- Q1
- 0.27
- Min
- 0.00
SHEL
Energy industry group
0.40
- Max
- 2.00
- Q3
- 0.98
- Median
- 0.56
- SHEL
- 0.40
- Q1
- 0.27
- Min
- 0.00
Financial Strength Metrics
| Metric | PBR.A | SHEL |
|---|---|---|
| Current Ratio (MRQ) | 0.85 | 1.44 |
| Debt / Equity (MRQ) | 0.76 | 0.40 |
| Net Debt / EBITDA | 1.29 | 0.72 |
Dividends
Dividend Yield (TTM)
Shell (SHEL) at 1.64% pays an industry-typical yield; Petrobras (PBR.A) at 19.74% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
PBR.A
Energy industry group
19.74%
- PBR.A
- 19.74%
- Max
- 7.75%
- Q3
- 3.24%
- Median
- 1.40%
- Q1
- 0.00%
- Min
- 0.00%
SHEL
Energy industry group
1.64%
- Max
- 7.75%
- Q3
- 3.24%
- SHEL
- 1.64%
- Median
- 1.40%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Petrobras (PBR.A) at 29.09% 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.A
Energy industry group
29.09%
- Max
- 123.08%
- Q3
- 52.71%
- PBR.A
- 29.09%
- Median
- 26.57%
- Q1
- 0.00%
- Min
- 0.00%
SHEL
Energy industry group
32.71%
- Max
- 123.08%
- Q3
- 52.71%
- SHEL
- 32.71%
- Median
- 26.57%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | PBR.A | SHEL |
|---|---|---|
| Dividend Yield (TTM) | 19.74% | 1.64% |
| Dividend Payout Ratio (TTM) | 29.09% | 32.71% |
Valuation
P/E Ratio (TTM)
Petrobras (PBR.A) at 4.61 sits in the cheaper P/E ratio quartile, while Shell (SHEL) at 10.28 is closer to its industry’s usual earnings multiple — a discount for PBR.A, though growth and earnings durability still matter.
PBR.A
Energy industry group
4.61
- Max
- 53.58
- Q3
- 27.49
- Median
- 15.20
- Q1
- 9.32
- PBR.A
- 4.61
- Min
- 2.53
SHEL
Energy industry group
10.28
- Max
- 53.58
- Q3
- 27.49
- Median
- 15.20
- SHEL
- 10.28
- Q1
- 9.32
- Min
- 2.53
P/S Ratio (TTM)
Both Petrobras (PBR.A) at 0.23 and Shell (SHEL) at 0.90 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.
PBR.A
Energy industry group
0.23
- Max
- 5.30
- Q3
- 3.07
- Median
- 1.91
- Q1
- 1.06
- PBR.A
- 0.23
- Min
- 0.00
SHEL
Energy industry group
0.90
- Max
- 5.30
- Q3
- 3.07
- Median
- 1.91
- Q1
- 1.06
- SHEL
- 0.90
- Min
- 0.00
P/B Ratio (MRQ)
Petrobras (PBR.A) at 1.27 sits in the lower P/B ratio quartile against book while Shell (SHEL) at 1.43 is valued near its industry’s middle — PBR.A is cheaper on assets, though weigh it against ROE and asset quality.
PBR.A
Energy industry group
1.27
- Max
- 4.75
- Q3
- 2.75
- Median
- 1.87
- Q1
- 1.32
- PBR.A
- 1.27
- Min
- 0.01
SHEL
Energy industry group
1.43
- Max
- 4.75
- Q3
- 2.75
- Median
- 1.87
- SHEL
- 1.43
- Q1
- 1.32
- Min
- 0.01
Valuation Metrics
| Metric | PBR.A | SHEL |
|---|---|---|
| P/E Ratio (TTM) | 4.61 | 10.28 |
| P/S Ratio (TTM) | 0.23 | 0.90 |
| P/B Ratio (MRQ) | 1.27 | 1.43 |
| Free Cash Flow Yield (TTM) | 75.42% | 8.07% |