Valuation Petrobras Sao Paulo

Stocks

PETR3

BRPETRACNOR9

Integrated Oil & Gas

Market Closed - Sao Paulo 01:35:37 31/10/2026 am IST			5-day change	1st Jan Change
60.01 ^BRL	+24.64%		-8.02%	+84.25%

31/10	Petrobras refineries run at 98% capacity in October, director says	RE
30/10	Global markets live: Alphabet, ExxonMobil, Chevron, Microsoft, Nvidia…

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	7,33,693	-	-
Change	-	-10.81%	43.86%	-1.45%	-16.34%	78.84%	-	-
Enterprise Value (EV) ¹	6,53,631	5,70,438	7,25,444	7,95,207	7,30,186	10,21,127	9,88,852	9,74,966
Change	-	-12.73%	27.17%	9.62%	-8.18%	39.84%	-3.16%	-1.4%
P/E	3.48x	1.7x	3.89x	12.7x	3.84x	3.93x	4.82x	5.67x
PBR	0.96x	0.88x	1.27x	1.27x	1x	1.31x	1.17x	1.06x
PEG	-	0x	-0.1x	-0.2x	0x	0.1x	-0.3x	-0.4x
Capitalization / Revenue	0.86x	0.54x	0.98x	0.93x	0.87x	1.2x	1.26x	1.35x
EV / Revenue	1.44x	0.89x	1.42x	1.51x	1.55x	1.67x	1.7x	1.79x
EV / EBITDA	2.79x	1.68x	2.78x	3x	3.16x	3.12x	3.18x	3.36x
EV / EBIT	3.81x	2.1x	3.72x	4.12x	4.83x	4.12x	4.48x	5.09x
EV / FCF	3.87x	2.77x	4.54x	5.84x	8.37x	8.42x	7.92x	8.89x
FCF Yield	25.9%	36.1%	22%	17.1%	12%	11.9%	12.6%	11.3%
Dividend per Share ²	8.534	15.09	5.569	5.734	3.199	4.577	6.604	5.521
Rate of return	30%	61.6%	15%	15.8%	10.4%	8.68%	12.5%	10.5%
EPS ²	8.18	14.44	9.57	2.84	8.026	13.41	10.95	9.292
Distribution rate	104%	105%	58.2%	202%	39.9%	34.1%	60.3%	59.4%
Net sales ¹	4,52,668	6,41,256	5,09,987	5,27,918	4,70,950	6,13,091	5,81,654	5,45,472
EBITDA ¹	2,34,576	3,40,482	2,61,016	2,64,987	2,31,111	3,27,527	3,10,882	2,90,211
EBIT ¹	1,71,528	2,72,280	1,94,883	1,92,922	1,51,135	2,47,990	2,20,481	1,91,515
Net income ¹	1,06,668	1,88,328	1,23,920	43,473	1,03,668	1,59,193	1,33,431	1,16,363
Net Debt ¹	2,65,778	2,24,510	2,27,799	3,04,800	3,19,931	2,87,433	2,55,159	2,41,273
Reference price ²	28.45	24.50	37.24	36.19	30.82	52.71	52.71	52.71
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ARAMCO	13.48x	3.45x	6.75x	5.3%	1,67100Cr
CHEVRON CORPORATION	13.29x	1.98x	6.38x	3.03%	46TCr
PETROCHINA COMPANY LIMITED	8.85x	0.75x	4.74x	5.96%	37TCr
SHELL PLC	7.4x	0.99x	4.18x	2.91%	31TCr
TOTALENERGIES SE	7.68x	1.08x	4.01x	4.35%	21TCr
CNOOC LIMITED	6.23x	1.89x	3.03x	7.32%	16TCr
PETROBRAS	3.93x	1.67x	3.12x	8.68%	14TCr
EQUINOR ASA	8.29x	0.91x	2.06x	3.24%	12TCr
ENI S.P.A.	8.78x	0.89x	4.45x	4.75%	8.83TCr
Average	8.66x	1.51x	4.30x	5.06%	39.05TCr
Weighted average by Cap.	11.11x	2.33x	5.59x	4.94%