Valuation Petrobras Sao Paulo

Stocks

PETR3

BRPETRACNOR9

Integrated Oil & Gas

Market Closed - Sao Paulo 01:35:31 28/08/2026 am IST			5-day change	1st Jan Change
47.31 ^BRL	+5.46%		-1.72%	+45.26%

21/08	Petrobras Begins Negotiations for Exploration Blocks in Ghana	CI
21/08	Petrobras Enters Negotiations for 4 Offshore Exploration Blocks in Ghana	MT

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	5,84,658	-	-
Change	-	-10.81%	43.86%	-1.45%	-16.34%	42.51%	-	-
Enterprise Value (EV) ¹	6,53,631	5,70,438	7,25,444	7,95,207	7,30,186	8,69,535	8,52,989	8,30,801
Change	-	-12.73%	27.17%	9.62%	-8.18%	19.08%	-1.9%	-2.6%
P/E	3.48x	1.7x	3.89x	12.7x	3.84x	3.52x	4.52x	4.67x
PBR	0.96x	0.88x	1.27x	1.27x	1x	1.13x	0.95x	0.86x
PEG	-	0x	-0.1x	-0.2x	0x	0.1x	-0.2x	-1.46x
Capitalization / Revenue	0.86x	0.54x	0.98x	0.93x	0.87x	1.02x	1.08x	1.11x
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	3.97x	4.45x	4.49x
EV / FCF	3.87x	2.77x	4.54x	5.84x	8.37x	7.36x	8.09x	8.28x
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	3.565	5.375	5.533
Rate of return	30%	61.6%	15%	15.8%	10.4%	8.6%	13%	13.3%
EPS ²	8.18	14.44	9.57	2.84	8.026	11.77	9.164	8.87
Distribution rate	104%	105%	58.2%	202%	39.9%	30.3%	58.6%	62.4%
Net sales ¹	4,52,668	6,41,256	5,09,987	5,27,918	4,70,950	5,74,496	5,42,157	5,28,128
EBITDA ¹	2,34,576	3,40,482	2,61,016	2,64,987	2,31,111	3,05,628	2,84,012	2,78,402
EBIT ¹	1,71,528	2,72,280	1,94,883	1,92,922	1,51,135	2,18,903	1,91,876	1,84,997
Net income ¹	1,06,668	1,88,328	1,23,920	43,473	1,03,668	1,44,645	1,15,095	1,10,139
Net Debt ¹	2,65,778	2,24,510	2,27,799	3,04,800	3,19,931	2,84,877	2,68,332	2,46,144
Reference price ²	28.45	24.50	37.24	36.19	30.82	41.45	41.45	41.45
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

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	13.74x	3.51x	6.61x	5.32%	1,68200Cr
CHEVRON CORPORATION	13.02x	1.81x	5.91x	3.56%	39TCr
PETROCHINA COMPANY LIMITED	8.35x	0.62x	3.91x	6.29%	29TCr
SHELL PLC	8.11x	0.89x	3.91x	3.4%	25TCr
TOTALENERGIES SE	8.15x	1.04x	4.35x	4.67%	19TCr
CNOOC LIMITED	6.25x	1.84x	2.97x	7.31%	16TCr
PETROBRAS	3.52x	1.48x	2.79x	8.6%	11TCr
EQUINOR ASA	7.82x	0.84x	2.07x	3.8%	9.84TCr
ENI S.P.A.	8.34x	0.8x	3.96x	4.85%	7.82TCr
Average	8.59x	1.43x	4.05x	5.31%	36.2TCr
Weighted average by Cap.	11.38x	2.40x	5.43x	5.16%