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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Petroleo Brasileiro Petrobras's Debt-to-EBITDA or its related term are showing as below:
BSP:PETR4'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.77 Med: 2.4 Max: 7.27
Current: 1.47
During the past 13 years, the highest Debt-to-EBITDA Ratio of Petroleo Brasileiro Petrobras was 7.27. The lowest was 0.77. And the median was 2.40.
BSP:PETR4's Debt-to-EBITDA is ranked better than 60.57% of 705
companies
in the Oil & Gas industry
Industry Median: 2.05
vs BSP:PETR4: 1.47
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Petroleo Brasileiro Petrobras Debt-to-EBITDA Related Terms
Petroleo Brasileiro Petrobras Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Petroleo Brasileiro Petrobras Debt-to-EBITDA Chart
For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Petroleo Brasileiro Petrobras Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Petroleo Brasileiro Petrobras's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Petroleo Brasileiro Petrobras (BSP:PETR4) has a Debt-to-EBITDA of 1.32 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Petroleo Brasileiro Petrobras. This is 45% below median its historical median of 2.40. Over the past decade, Petroleo Brasileiro Petrobras' Debt-to-EBITDA has ranged from 0.77 to 7.27. According to the industry distribution chart, Petroleo Brasileiro Petrobras ranks #278 out of 705 companies in the Oil & Gas industry, placing it in the top 39.4%.
Is Petroleo Brasileiro Petrobras' Debt-to-EBITDA too high?
Petroleo Brasileiro Petrobras' current Debt-to-EBITDA of 1.32 is 45% below median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 7.27. The Oil & Gas industry median Debt-to-EBITDA is 2.05. Petroleo Brasileiro Petrobras' value of 1.32 is 35.6% below this industry median. Based on the distribution chart, Petroleo Brasileiro Petrobras ranks #278 out of 705 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Petroleo Brasileiro Petrobras has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petroleo Brasileiro Petrobras' Debt-to-EBITDA compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Petroleo Brasileiro Petrobras ranks #278 out of 705 companies for Debt-to-EBITDA. This puts Petroleo Brasileiro Petrobras in the upper half of its industry. The industry median Debt-to-EBITDA is 2.05. Petroleo Brasileiro Petrobras' value of 1.32 is 35.6% below this benchmark. Historically, Petroleo Brasileiro Petrobras' own Debt-to-EBITDA has ranged from 0.77 to 7.27 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 2.05, Petroleo Brasileiro Petrobras has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.05, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Petroleo Brasileiro Petrobras's current Debt-to-EBITDA of 1.32 is 35.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Petroleo Brasileiro Petrobras. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petroleo Brasileiro Petrobras's current Debt-to-EBITDA is 1.32, which is 45% below median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petroleo Brasileiro Petrobras stock overvalued right now?
Based on GuruFocus' analysis, Petroleo Brasileiro Petrobras (BSP:PETR4) is currently considered Modestly Overvalued. The stock's GF Value™ is R$35.07, compared to a current price of R$43.42 — trading 23.8% above its estimated fair value. The current Debt-to-EBITDA is 1.32, which is 45% below median its 10-year median of 2.40 and 35.6% below the Oil & Gas industry median of 2.05. Petroleo Brasileiro Petrobras' overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Petroleo Brasileiro Petrobras (BSP:PETR4), the current Debt-to-EBITDA is 1.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Petroleo Brasileiro Petrobras (BSP:PETR4) Overvalued in 2026?
Based on GuruFocus' analysis, Petroleo Brasileiro Petrobras stock appears to be overvalued.
The current stock price of R$43.42 is trading 23.8% above its estimated GF Value™ of R$35.07.
GuruFocus considers Petroleo Brasileiro Petrobras to be Modestly Overvalued.
Key valuation signals for BSP:PETR4:
Debt-to-EBITDA: 1.32 (45% below median its 10-year median of 2.40)
GF Value™: R$35.07 vs. price of R$43.42 (23.8% above fair value)
Industry Position: 35.6% below the Oil & Gas median (#278 of 705)
No single metric tells the full story. See the BSP:PETR4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on the exploration and production of oil and gas in Brazilian offshore fields. Production in 2025 was 3.0 million barrels of oil equivalent per day (80% oil), and reserves stood at 12.1 billion boe (84% oil). At the end of 2025, Petrobras operated 10 refineries in Brazil with a capacity of 1.8 million barrels per day and distributed refined products and natural gas throughout the country.
69GF Score
Get the complete analysis for BSP:PETR4
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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