Valuation Petrobras

Stocks

Market Closed - Sao Paulo Other stock markets 16:05:42 2026-06-23 EDT			5-day change	1st Jan Change
39.33 ^BRL	-4.47%		+2.05%	+27.61%

06-23	Petrobras, Petroleos Mexicanos Sign MoU Focused on Exploration in Gulf of Mexico, Industrial Processes	MT
06-23	Petróleo Brasileiro S.A. - Petrobras Signs Memorandum of Understanding with Petróleos Mexicanos	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	387,853	345,928	497,645	490,407	410,255	541,520	-	-
Change	-	-10.81%	43.86%	-1.45%	-16.34%	32%	-	-
Enterprise Value (EV) ¹	653,631	570,438	725,444	795,207	730,186	828,900	811,873	802,783
Change	-	-12.73%	27.17%	9.62%	-8.18%	13.52%	-2.05%	-1.12%
P/E	3.48x	1.7x	3.89x	12.7x	3.84x	3.09x	4.2x	4.62x
PBR	0.96x	0.88x	1.27x	1.27x	1x	1x	0.91x	0.83x
PEG	-	0x	-0.1x	-0.2x	0x	0.1x	-0.2x	-0.51x
Capitalization / Revenue	0.86x	0.54x	0.98x	0.93x	0.87x	0.96x	0.99x	1.04x
EV / Revenue	1.44x	0.89x	1.42x	1.51x	1.55x	1.47x	1.49x	1.54x
EV / EBITDA	2.79x	1.68x	2.78x	3x	3.16x	2.83x	2.85x	2.95x
EV / EBIT	3.81x	2.1x	3.72x	4.12x	4.83x	3.92x	4.18x	4.53x
EV / FCF	3.87x	2.77x	4.54x	5.84x	8.37x	6.7x	7.94x	8.4x
FCF Yield	25.9%	36.1%	22%	17.1%	12%	14.9%	12.6%	11.9%
Dividend per Share ²	8.534	15.09	5.569	5.734	3.199	5.19	5.68	5.574
Rate of return	30%	61.6%	15%	15.8%	10.4%	13.2%	14.4%	14.2%
EPS ²	8.18	14.44	9.57	2.84	8.026	12.74	9.364	8.512
Distribution rate	104%	105%	58.2%	202%	39.9%	40.7%	60.7%	65.5%
Net sales ¹	452,668	641,256	509,987	527,918	470,950	564,526	546,157	522,277
EBITDA ¹	234,576	340,482	261,016	264,987	231,111	292,957	284,772	272,246
EBIT ¹	171,528	272,280	194,883	192,922	151,135	211,676	194,016	177,101
Net income ¹	106,668	188,328	123,920	43,473	103,668	129,202	117,308	107,201
Net Debt ¹	265,778	224,510	227,799	304,800	319,931	287,380	270,353	261,263
Reference price ²	28.45	24.50	37.24	36.19	30.82	39.33	39.33	39.33
Nbr of stocks (in thousands)	13,044,201	13,044,201	13,015,466	12,888,733	12,888,733	12,888,733	-	-
Announcement Date	2/24/22	3/2/23	3/8/24	2/26/25	3/6/26	-	-	-

¹BRL in Million²BRL

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
PETROBRAS	3.08x	1.46x	2.82x	13.25%	105B
ARAMCO	13.28x	3.29x	6.34x	5.26%	1,704B
CHEVRON CORPORATION	11.49x	1.59x	5.36x	4.07%	346B
PETROCHINA COMPANY LIMITED	7.45x	0.55x	3.61x	7.05%	256B
SHELL PLC	7.48x	0.8x	3.65x	3.9%	222B
TOTALENERGIES SE	6.9x	0.98x	3.83x	5.09%	180B
CNOOC LIMITED	5.37x	1.5x	2.41x	8.46%	140B
EQUINOR ASA	6.66x	0.72x	1.68x	4.83%	81.43B
ENI S.P.A.	8.49x	0.71x	3.63x	5.08%	72.6B
Average	7.80x	1.29x	3.70x	6.33%	345.2B
Weighted average by Cap.	10.83x	2.29x	5.19x	5.57%