Valuation Petrobras

Equities

Market Closed - Sao Paulo Other stock markets 01:37:43 13/03/2026 am IST			5-day change	1st Jan Change
45.00 ^BRL	+0.45%		+10.59%	+46.01%

13/03	SOFTS-Cocoa prices sink after recent gains, coffee rises	RE
12/03	Brazil's Lula to name Petrobras chairman as budget minister, Folha reports	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	3,87,853	3,45,928	4,97,645	4,90,407	4,10,255	6,14,599	-	-
Change	-	-10.81%	43.86%	-1.45%	-16.34%	49.81%	-	-
Enterprise Value (EV) ¹	6,53,631	5,70,438	7,25,444	7,95,207	7,30,186	9,35,965	9,31,794	9,17,069
Change	-	-12.73%	27.17%	9.62%	-8.18%	28.18%	-0.45%	-1.58%
P/E ratio	3.48x	1.7x	3.89x	12.7x	3.84x	5.26x	6.85x	6.24x
PBR	0.96x	0.88x	1.27x	1.27x	1x	1.21x	1.11x	1.06x
PEG	-	0x	-0.1x	-0.2x	0x	0.81x	-0.3x	0.63x
Capitalization / Revenue	0.86x	0.54x	0.98x	0.93x	0.87x	1.29x	1.27x	1.22x
EV / Revenue	1.44x	0.89x	1.42x	1.51x	1.55x	1.97x	1.93x	1.83x
EV / EBITDA	2.79x	1.68x	2.78x	3x	3.16x	4.02x	3.84x	3.42x
EV / EBIT	3.81x	2.1x	3.72x	4.12x	4.83x	6.16x	6.2x	5.63x
EV / FCF	3.87x	2.77x	4.54x	5.84x	8.37x	13.8x	13.1x	9.27x
FCF Yield	25.9%	36.1%	22%	17.1%	12%	7.26%	7.63%	10.8%
Dividend per Share ²	8.534	15.09	5.569	5.734	-	3.699	3.676	4.009
Rate of return	30%	61.6%	15%	15.8%	-	8.22%	8.17%	8.91%
EPS ²	8.18	14.44	9.57	2.84	8.026	8.548	6.567	7.217
Distribution rate	104%	105%	58.2%	202%	-	43.3%	56%	55.6%
Net sales ¹	4,52,668	6,41,256	5,09,987	5,27,918	4,70,950	4,74,714	4,83,936	5,01,990
EBITDA ¹	2,34,576	3,40,482	2,61,016	2,64,987	2,31,111	2,33,042	2,42,403	2,68,228
EBIT ¹	1,71,528	2,72,280	1,94,883	1,92,922	1,51,135	1,51,941	1,50,403	1,62,953
Net income ¹	1,06,668	1,88,328	1,23,920	43,473	1,03,668	88,555	85,028	87,687
Net Debt ¹	2,65,778	2,24,510	2,27,799	3,04,800	3,19,931	3,21,366	3,17,195	3,02,469
Reference price ²	28.45	24.50	37.24	36.19	30.82	45.00	45.00	45.00
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

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.($)
PETROBRAS	4.5x	1.98x	4.01x	10.9%	12TCr
ARAMCO	16x	4.12x	7.83x	5.09%	1,75100Cr
CHEVRON CORPORATION	29.02x	2.29x	9.51x	3.72%	38TCr
PETROCHINA COMPANY LIMITED	10.99x	0.77x	4.73x	4.9%	31TCr
SHELL PLC	14.51x	1.08x	5.22x	3.31%	25TCr
TOTALENERGIES SE	12.27x	1.11x	5.2x	4.71%	17TCr
EQUINOR ASA	15.14x	0.91x	2.47x	4.47%	8.31TCr
ENI S.P.A	16.06x	0.97x	4.75x	4.92%	7.24TCr
CENOVUS ENERGY INC.	24.91x	1.55x	6.99x	2.54%	4.43TCr
Average	15.93x	1.64x	5.63x	4.95%	35.39TCr
Weighted average by Cap.	16.43x	2.90x	7.02x	4.91%