(PBR-A) Petróleo Brasileiro S.A. - Ratings and Ratios

Exchange: NYSE • Country: Brazil • Currency: USD • Type: Common Stock • ISIN: US71654V1017

Crude Oil, Natural Gas, Refined Products, Fertilizer, Biodiesel

PBR-A EPS (Earnings per Share)

EPS (Earnings per Share) of PBR-A over the last years for every Quarter: "2020-09": 0.1, "2020-12": 0.81, "2021-03": 0.04, "2021-06": 1.18, "2021-09": 0.51, "2021-12": 0.65, "2022-03": 1.27, "2022-06": 1.18, "2022-09": 1.36, "2022-12": 1.25, "2023-03": 1.11, "2023-06": 0.89, "2023-09": 0.86, "2023-12": 1.27, "2024-03": 0.75, "2024-06": -0.23, "2024-09": 0.92, "2024-12": 0.4747, "2025-03": 0.9593, "2025-06": 0.7506, "2025-09": 0,

PBR-A Revenue

Revenue of PBR-A over the last years for every Quarter: 2020-09: 13148, 2020-12: 13911, 2021-03: 15698, 2021-06: 20982, 2021-09: 23255, 2021-12: 24031, 2022-03: 27189, 2022-06: 34703, 2022-09: 32411, 2022-12: 30171, 2023-03: 26771, 2023-06: 22979, 2023-09: 25552, 2023-12: 27089.983388, 2024-03: 23768, 2024-06: 23467, 2024-09: 23366, 2024-12: 20815, 2025-03: 21073, 2025-06: 21037, 2025-09: null,

Description: PBR-A Petróleo Brasileiro S.A. September 26, 2025

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR-A) is Brazil’s integrated oil and gas company, operating across three core segments: Exploration & Production (E&P), Refining, Transportation & Marketing (RTM), and Gas & Low-Carbon Energies (GLCE). The E&P unit focuses on discovering and extracting crude oil, natural-gas liquids, and natural gas, primarily to feed domestic refineries. RTM handles crude import/export, refining, logistics, product trading, and holds stakes in petrochemical firms. GLCE manages natural-gas logistics, LNG trading, thermoelectric generation, renewable projects, biodiesel production, and other low-carbon initiatives.

In 2023 Petrobras produced roughly 2.9 million barrels of oil equivalent per day, posted a net profit of US$9.5 billion, and reduced its net debt by about 30 % year-over-year, bringing the debt-to-EBITDA ratio to a historically low 2.2×. Capital expenditures were directed toward de-risking the “Pre-Sale” offshore fields and expanding the biofuel portfolio, reflecting a strategic shift toward higher-margin assets.

Key economic drivers include Brazil’s recent fiscal consolidation, which improves sovereign credit risk and supports Petrobras’ access to cheaper financing; the global oil price environment shaped by OPEC+ production decisions and the ongoing energy transition; and the volatile BRL/USD exchange rate, which affects both export revenues and import-linked input costs. Additionally, Brazil’s renewable-energy targets and carbon-pricing discussions are accelerating investment in the GLCE segment.

For a data-rich, quantitative deep-dive into Petrobras’ valuation sensitivities and scenario analysis, you may find ValueRay’s analytics platform a useful next step.

PBR-A Stock Overview

Market Cap in USD 72,402m
Sub-Industry Oil & Gas Exploration & Production
IPO / Inception 2003-10-07

PBR-A Stock Ratings

Growth Rating 54.4%
Fundamental 65.6%
Dividend Rating 67.3%
Return 12m vs S&P 500 -15.9%
Analyst Rating 4.30 of 5

PBR-A Dividends

Dividend Yield 12m 12.89%
Yield on Cost 5y 71.69%
Annual Growth 5y 281.71%
Payout Consistency 68.3%
Payout Ratio 30.4%

PBR-A Growth Ratios

Growth Correlation 3m 3%
Growth Correlation 12m -10.4%
Growth Correlation 5y 88.7%
CAGR 5y 21.52%
CAGR/Max DD 3y (Calmar Ratio) 0.74
CAGR/Mean DD 3y (Pain Ratio) 1.90
Sharpe Ratio 12m 0.53
Alpha -7.54
Beta 0.289
Volatility 26.51%
Current Volume 6359.2k
Average Volume 20d 6359.2k
Stop Loss 10.8 (-3.4%)
Signal -0.12

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (13.80b TTM) > 0 and > 6% of Revenue (6% = 5.18b TTM)
FCFTA 0.09 (>2.0%) and ΔFCFTA -6.20pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -9.20% (prev -3.36%; Δ -5.84pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.17 (>3.0%) and CFO 35.54b > Net Income 13.80b (YES >=105%, WARN >=100%)
Net Debt (61.07b) to EBITDA (36.47b) ratio: 1.67 <= 3.0 (WARN <= 3.5)
Current Ratio 0.76 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (6.44b) change vs 12m ago -0.07% (target <= -2.0% for YES)
Gross Margin 49.12% (prev 51.73%; Δ -2.61pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 42.53% (prev 52.44%; Δ -9.91pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 8.88 (EBITDA TTM 36.47b / Interest Expense TTM 2.99b) >= 6 (WARN >= 3)

Altman Z'' 1.31

(A) -0.04 = (Total Current Assets 24.90b - Total Current Liabilities 32.83b) / Total Assets 215.30b
(B) 0.04 = Retained Earnings (Balance) 8.69b / Total Assets 215.30b
(C) 0.13 = EBIT TTM 26.55b / Avg Total Assets 202.87b
(D) 0.52 = Book Value of Equity 73.16b / Total Liabilities 141.67b
Total Rating: 1.31 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 65.56

1. Piotroski 5.50pt = 0.50
2. FCF Yield 4.16% = 2.08
3. FCF Margin 21.58% = 5.40
4. Debt/Equity 0.93 = 2.08
5. Debt/Ebitda 1.67 = 0.63
6. ROIC - WACC (= 15.03)% = 12.50
7. RoE 20.18% = 1.68
8. Rev. Trend -89.05% = -6.68
9. EPS Trend -52.80% = -2.64

What is the price of PBR-A shares?

As of October 28, 2025, the stock is trading at USD 11.18 with a total of 6,359,200 shares traded.
Over the past week, the price has changed by +1.08%, over one month by -6.13%, over three months by -0.29% and over the past year by +0.42%.

Is Petróleo Brasileiro S.A. a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Petróleo Brasileiro S.A. (NYSE:PBR-A) is currently (October 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 65.56 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PBR-A is around 16.84 USD . This means that PBR-A is currently undervalued and has a potential upside of +50.63% (Margin of Safety).

Is PBR-A a buy, sell or hold?

Petróleo Brasileiro S.A. has received a consensus analysts rating of 4.30. Therefore, it is recommended to buy PBR-A.
  • Strong Buy: 4
  • Buy: 5
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the PBR-A price?

Issuer Target Up/Down from current
Wallstreet Target Price 14.6 30.3%
Analysts Target Price 14.6 30.3%
ValueRay Target Price 18.4 64.4%

PBR-A Fundamental Data Overview October 20, 2025

Market Cap BRL = 389.04b (72.40b USD * 5.3733 USD.BRL)
P/E Trailing = 5.1262
P/E Forward = 4.4703
P/S = 0.8465
P/B = 1.0245
P/EG = 0.216
Beta = 0.289
Revenue TTM = 86.29b BRL
EBIT TTM = 26.55b BRL
EBITDA TTM = 36.47b BRL
Long Term Debt = 23.32b BRL (from longTermDebt, last quarter)
Short Term Debt = 11.74b BRL (from shortTermDebt, last quarter)
Debt = 68.06b BRL (from shortLongTermDebtTotal, last quarter)
Net Debt = 61.07b BRL (from netDebt column, last quarter)
Enterprise Value = 447.60b BRL (389.04b + Debt 68.06b - CCE 9.50b)
Interest Coverage Ratio = 8.88 (Ebit TTM 26.55b / Interest Expense TTM 2.99b)
FCF Yield = 4.16% (FCF TTM 18.62b / Enterprise Value 447.60b)
FCF Margin = 21.58% (FCF TTM 18.62b / Revenue TTM 86.29b)
Net Margin = 15.99% (Net Income TTM 13.80b / Revenue TTM 86.29b)
Gross Margin = 49.12% ((Revenue TTM 86.29b - Cost of Revenue TTM 43.90b) / Revenue TTM)
Gross Margin QoQ = 47.59% (prev 49.30%)
Tobins Q-Ratio = 2.08 (Enterprise Value 447.60b / Total Assets 215.30b)
Interest Expense / Debt = 1.08% (Interest Expense 735.7m / Debt 68.06b)
Taxrate = 25.80% (1.65b / 6.41b)
NOPAT = 19.70b (EBIT 26.55b * (1 - 25.80%))
Current Ratio = 0.76 (Total Current Assets 24.90b / Total Current Liabilities 32.83b)
Debt / Equity = 0.93 (Debt 68.06b / totalStockholderEquity, last quarter 73.16b)
Debt / EBITDA = 1.67 (Net Debt 61.07b / EBITDA 36.47b)
Debt / FCF = 3.28 (Net Debt 61.07b / FCF TTM 18.62b)
Total Stockholder Equity = 68.36b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.41% (Net Income 13.80b / Total Assets 215.30b)
RoE = 20.18% (Net Income TTM 13.80b / Total Stockholder Equity 68.36b)
RoCE = 28.96% (EBIT 26.55b / Capital Employed (Equity 68.36b + L.T.Debt 23.32b))
RoIC = 21.18% (NOPAT 19.70b / Invested Capital 93.00b)
WACC = 6.15% (E(389.04b)/V(457.10b) * Re(7.08%) + D(68.06b)/V(457.10b) * Rd(1.08%) * (1-Tc(0.26)))
Discount Rate = 7.08% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -33.33 | Cagr: -0.30%
[DCF Debug] Terminal Value 75.88% ; FCFE base≈22.49b ; Y1≈19.35b ; Y5≈15.19b
Fair Price DCF = 101.8 (DCF Value 277.20b / Shares Outstanding 2.72b; 5y FCF grow -17.02% → 3.0% )
EPS Correlation: -52.80 | EPS CAGR: -44.05% | SUE: -2.14 | # QB: 0
Revenue Correlation: -89.05 | Revenue CAGR: -14.54% | SUE: -0.63 | # QB: 0

Additional Sources for PBR-A Stock

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Fund Manager Positions: Dataroma | Stockcircle