Valuation Petrobras Mexican S.E.

Stocks

PBR N

US71654V4086

Integrated Oil & Gas

End-of-day quote Mexican S.E. Other stock markets 10/08/2026			5-day change	1st Jan Change
309.36 ^MXN	+0.44%		-8.20%	+45.24%

08/08	Petrobras likely to beat 2026 oil production target, CEO says	RE
08/08	Latam currencies advance as weak US jobs data weighs on dollar, stocks mixed	RE

Company Valuation: Petrobras

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	3,87,853	3,45,928	4,97,645	4,90,407	4,10,255	5,81,353	-	-
Change	-	-10.81%	43.86%	-1.45%	-16.34%	41.71%	-	-
Enterprise Value (EV) ¹	6,53,631	5,70,438	7,25,444	7,95,207	7,30,186	8,67,445	8,49,927	8,28,854
Change	-	-12.73%	27.17%	9.62%	-8.18%	18.8%	-2.02%	-2.48%
P/E	3.48x	1.7x	3.89x	12.7x	3.84x	3.51x	4.6x	4.77x
PBR	0.96x	0.88x	1.27x	1.27x	1x	1.08x	0.98x	0.9x
PEG	-	0x	-0.1x	-0.2x	0x	0.1x	-0.2x	-1.4x
Capitalization / Revenue	0.86x	0.54x	0.98x	0.93x	0.87x	1.01x	1.07x	1.1x
EV / Revenue	1.44x	0.89x	1.42x	1.51x	1.55x	1.51x	1.57x	1.57x
EV / EBITDA	2.79x	1.68x	2.78x	3x	3.16x	2.85x	3x	2.98x
EV / EBIT	3.81x	2.1x	3.72x	4.12x	4.83x	3.95x	4.51x	4.6x
EV / FCF	3.87x	2.77x	4.54x	5.84x	8.37x	7.34x	8.06x	8.26x
FCF Yield	25.9%	36.1%	22%	17.1%	12%	13.6%	12.4%	12.1%
Dividend per Share ²	8.534	15.09	5.569	5.734	3.199	3.57	5.878	6.151
Rate of return	30%	61.6%	15%	15.8%	10.4%	8.45%	13.9%	14.6%
EPS ²	8.18	14.44	9.57	2.84	8.026	12.03	9.174	8.861
Distribution rate	104%	105%	58.2%	202%	39.9%	29.7%	64.1%	69.4%
Net sales ¹	4,52,668	6,41,256	5,09,987	5,27,918	4,70,950	5,74,162	5,41,931	5,28,634
EBITDA ¹	2,34,576	3,40,482	2,61,016	2,64,987	2,31,111	3,04,099	2,83,366	2,78,309
EBIT ¹	1,71,528	2,72,280	1,94,883	1,92,922	1,51,135	2,19,589	1,88,533	1,80,320
Net income ¹	1,06,668	1,88,328	1,23,920	43,473	1,03,668	1,39,923	1,14,484	1,09,932
Net Debt ¹	2,65,778	2,24,510	2,27,799	3,04,800	3,19,931	2,86,091	2,68,573	2,47,501
Reference price ²	28.45	24.50	37.24	36.19	30.82	42.23	42.23	42.23
Nbr of stocks (in thousands)	1,30,44,201	1,30,44,201	1,30,15,466	1,28,88,733	1,28,88,733	1,28,88,733	-	-
Announcement Date	24/02/22	02/03/23	08/03/24	26/02/25	06/03/26	-	-	-

¹BRL in Million²BRL

Estimates

P/E, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ARAMCO	13.86x	3.56x	6.63x	5.24%	1,71500Cr
CHEVRON CORPORATION	12.77x	1.77x	5.77x	3.66%	38TCr
PETROCHINA COMPANY LIMITED	8.06x	0.62x	3.81x	6.49%	29TCr
SHELL PLC	7.89x	0.87x	3.85x	3.49%	25TCr
TOTALENERGIES SE	8.11x	1.04x	4.34x	4.69%	19TCr
CNOOC LIMITED	5.8x	1.72x	2.75x	7.76%	15TCr
PETROBRAS	3.51x	1.51x	2.85x	8.45%	11TCr
EQUINOR ASA	7.36x	0.83x	2.02x	3.89%	9.61TCr
ENI S.P.A.	8.72x	0.81x	4.03x	4.74%	7.94TCr
Average	8.45x	1.41x	4.01x	5.38%	36.24TCr
Weighted average by Cap.	11.38x	2.44x	5.43x	5.17%