Petroleo Brasileiro Petrobras (BSP:PETR3) EV-to-EBIT: 5.48 (As of Aug. 07, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:PETR3 Petroleo Brasileiro SA Petrobras BSP:PETR3
70 GF Score
Price R$47.31
GF Value R$39.77
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Petroleo Brasileiro Petrobras EV-to-EBIT?

Petroleo Brasileiro Petrobras BSP:PETR3 +0.34% 70 EV-to-EBIT is 5.48 as of Aug. 07, 2026, which is 2% below its 10-year median of 5.61. GuruFocus rates BSP:PETR3 with a GF Score™ of 70/100 and a GF Value™ of R$39.77 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 698 Oil & Gas companies, Petroleo Brasileiro Petrobras ranks better than 80.66% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Petroleo Brasileiro Petrobras's Enterprise Value is R$906,827 Mil. Petroleo Brasileiro Petrobras's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R$165,594 Mil. Therefore, Petroleo Brasileiro Petrobras's EV-to-EBIT for today is 5.48.

The historical rank and industry rank for Petroleo Brasileiro Petrobras's EV-to-EBIT or its related term are showing as below:

BSP:PETR3' s EV-to-EBIT Range Over the Past 10 Years
Min: -300.62   Med: 5.61   Max: 28.28
Current: 5.48

During the past 13 years, the highest EV-to-EBIT of Petroleo Brasileiro Petrobras was 28.28. The lowest was -300.62. And the median was 5.61.

BSP:PETR3's EV-to-EBIT is ranked better than
80.66% of 698 companies
in the Oil & Gas industry
Industry Median: 11.465 vs BSP:PETR3: 5.48

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Petroleo Brasileiro Petrobras's Enterprise Value for the quarter that ended in Mar. 2026 was R$1,020,106 Mil. Petroleo Brasileiro Petrobras's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R$165,594 Mil. Petroleo Brasileiro Petrobras's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.23%.


Petroleo Brasileiro Petrobras  (BSP:PETR3) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Petroleo Brasileiro Petrobras's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=165593.504/1020105.59603
=16.23 %

Petroleo Brasileiro Petrobras's Enterprise Value for the quarter that ended in Mar. 2026 was R$1,020,106 Mil.
Petroleo Brasileiro Petrobras's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$165,594 Mil.

* 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 EV-to-EBIT Related Terms


Petroleo Brasileiro Petrobras EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Petroleo Brasileiro Petrobras's EV-to-EBIT can be seen below:

* 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 EV-to-EBIT Chart

Petroleo Brasileiro Petrobras Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 1.98 3.88 9.02 4.45

Petroleo Brasileiro Petrobras Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.29 5.42 5.32 4.45 6.16

BSP:PETR3 vs XOM, CVX: EV-to-EBIT Comparison

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Petroleo Brasileiro Petrobras's EV-to-EBIT falls into.


BSP:PETR3
70GF Score
Petroleo Brasileiro SA Petrobras BSP:PETR3
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Petroleo Brasileiro Petrobras EV-to-EBIT Calculation

Petroleo Brasileiro Petrobras's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=906827.070/165593.504
=5.48

Petroleo Brasileiro Petrobras's current Enterprise Value is R$906,827 Mil.
Petroleo Brasileiro Petrobras's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$165,594 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 5.48 mean?
Petroleo Brasileiro Petrobras (BSP:PETR3) has a EV-to-EBIT of 5.48 as of Aug. 07, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Petroleo Brasileiro Petrobras and its competitors. This is near median its historical median of 5.61. According to the industry distribution chart, Petroleo Brasileiro Petrobras ranks #135 out of 698 companies in the Oil & Gas industry, placing it in the top 19.3%.
Is Petroleo Brasileiro Petrobras' EV-to-EBIT too high?
Petroleo Brasileiro Petrobras' current EV-to-EBIT of 5.48 is near median its 10-year median of 5.61. The Oil & Gas industry median EV-to-EBIT is 11.47. Petroleo Brasileiro Petrobras' value of 5.48 is 52.2% below this industry median. Based on the distribution chart, Petroleo Brasileiro Petrobras ranks #135 out of 698 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Petroleo Brasileiro Petrobras has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petroleo Brasileiro Petrobras' EV-to-EBIT compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Petroleo Brasileiro Petrobras ranks #135 out of 698 companies for EV-to-EBIT. This places Petroleo Brasileiro Petrobras in the top 19% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 11.47. Petroleo Brasileiro Petrobras' value of 5.48 is 52.2% below this benchmark. While the company's 10-year median is 5.61 vs. the industry median of 11.47, 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 EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.47, based on 698 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Petroleo Brasileiro Petrobras's current EV-to-EBIT of 5.48 is 52.2% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Petroleo Brasileiro Petrobras and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petroleo Brasileiro Petrobras's current EV-to-EBIT is 5.48, which is near median its own 10-year median of 5.61. 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:PETR3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$39.77, compared to a current price of R$47.31 — trading 19% above its estimated fair value. The current EV-to-EBIT is 5.48, which is near median its 10-year median of 5.61 and 52.2% below the Oil & Gas industry median of 11.47. Petroleo Brasileiro Petrobras' overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Petroleo Brasileiro Petrobras (BSP:PETR3), the current EV-to-EBIT is 5.48 as of Aug. 07, 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:PETR3) Overvalued in 2026?

Based on GuruFocus' analysis, Petroleo Brasileiro Petrobras stock appears to be overvalued. The current stock price of R$47.31 is trading 19% above its estimated GF Value™ of R$39.77. GuruFocus considers Petroleo Brasileiro Petrobras to be Modestly Overvalued.

Key valuation signals for BSP:PETR3:

  • EV-to-EBIT: 5.48 (near median its 10-year median of 5.61)
  • GF Value™: R$39.77 vs. price of R$47.31 (19% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 52.2% below the Oil & Gas median (#135 of 698)

No single metric tells the full story. See the BSP:PETR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Petroleo Brasileiro Petrobras Business Description

Industry EnergyOil & Gas
Address Avenida Henrique Valadares, 28, Rio de Janeiro, RJ, BRA, 20231-030
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.
70GF Score

Get the complete analysis for BSP:PETR3

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$47.31
Price
R$39.77
GF Value