Petroleo Brasileiro Petrobras (BSP:PETR3) Enterprise Value: R$847,002 Mil (As of Jun. 29, 2026) ***


BSP:PETR3 Petroleo Brasileiro SA Petrobras BSP:PETR3
71 GF Score
Price R$42.25
GF Value R$38.61
Valuation Fairly Valued
! 3 Warning Signs
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What is Petroleo Brasileiro Petrobras Enterprise Value?

Petroleo Brasileiro Petrobras BSP:PETR3 -1.17% 71 Enterprise Value is R$847,002 Mil as of Jun. 29, 2026. GuruFocus rates BSP:PETR3 with a GF Score™ of 71/100 and a GF Value™ of R$38.61 (Fairly Valued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Petroleo Brasileiro Petrobras's Enterprise Value is R$847,002 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 ratio for today is 5.11.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Petroleo Brasileiro Petrobras's Enterprise Value is R$847,002 Mil. Petroleo Brasileiro Petrobras's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was R$252,313 Mil. Therefore, Petroleo Brasileiro Petrobras's EV-to-EBITDA ratio for today is 3.36.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Petroleo Brasileiro Petrobras's Enterprise Value is R$847,002 Mil. Petroleo Brasileiro Petrobras's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was R$503,492 Mil. Therefore, Petroleo Brasileiro Petrobras's EV-to-Revenue ratio for today is 1.68.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Petroleo Brasileiro Petrobras's Enterprise Value is R$847,002 Mil. Petroleo Brasileiro Petrobras's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was R$194,657 Mil. Therefore, Petroleo Brasileiro Petrobras's EV-to-OCF ratio for today is 4.35.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Petroleo Brasileiro Petrobras's Enterprise Value is R$847,002 Mil. Petroleo Brasileiro Petrobras's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was R$86,000 Mil. Therefore, Petroleo Brasileiro Petrobras's EV-to-FCF ratio for today is 9.85.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Petroleo Brasileiro Petrobras  (BSP:PETR3) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=847002.118/165593.504
=5.11

Petroleo Brasileiro Petrobras's current Enterprise Value is R$847,002 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.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Petroleo Brasileiro Petrobras's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=847002.118/252313.072
=3.36

Petroleo Brasileiro Petrobras's current Enterprise Value is R$847,002 Mil.
Petroleo Brasileiro Petrobras's EBITDA 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$252,313 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Petroleo Brasileiro Petrobras's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=847002.118/503492.339
=1.68

Petroleo Brasileiro Petrobras's current Enterprise Value is R$847,002 Mil.
Petroleo Brasileiro Petrobras's Revenue 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$503,492 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Petroleo Brasileiro Petrobras's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=847002.118/194657.467
=4.35

Petroleo Brasileiro Petrobras's current Enterprise Value is R$847,002 Mil.
Petroleo Brasileiro Petrobras's Cash Flow from Operations 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$194,657 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Petroleo Brasileiro Petrobras's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=847002.118/86000.196
=9.85

Petroleo Brasileiro Petrobras's current Enterprise Value is R$847,002 Mil.
Petroleo Brasileiro Petrobras's Free Cash Flow 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$86,000 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 Enterprise Value Related Terms


Petroleo Brasileiro Petrobras Enterprise Value Historical Data

* Premium members only.

The historical data trend for Petroleo Brasileiro Petrobras's Enterprise Value 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 Enterprise Value Chart

Petroleo Brasileiro Petrobras Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 667,752.01 595,112.43 734,671.47 835,662.47 753,589.86

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
Enterprise Value 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 855,243.96 762,960.39 751,849.62 753,589.86 1,020,105.60

BSP:PETR3 vs XOM, CVX: Enterprise Value Comparison

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Petroleo Brasileiro Petrobras's Enterprise Value falls into.


BSP:PETR3
71GF Score
Petroleo Brasileiro SA Petrobras BSP:PETR3
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Petroleo Brasileiro Petrobras Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Petroleo Brasileiro Petrobras's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Petroleo Brasileiro Petrobras's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of R$847,002 Mil mean?
Petroleo Brasileiro Petrobras (BSP:PETR3) has a Enterprise Value of R$847,002 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Petroleo Brasileiro Petrobras and its competitors.
Is Petroleo Brasileiro Petrobras' Enterprise Value too high?
Petroleo Brasileiro Petrobras' current Enterprise Value is R$847,002 Mil. Overall, Petroleo Brasileiro Petrobras has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petroleo Brasileiro Petrobras' Enterprise Value compare to XOM and CVX?
Petroleo Brasileiro Petrobras' Enterprise Value of R$847,002 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Petroleo Brasileiro Petrobras and its competitors. Petroleo Brasileiro Petrobras's current Enterprise Value is R$847,002 Mil. 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 Fairly Valued. The stock's GF Value™ is R$38.61, compared to a current price of R$42.25 — trading 9.4% above its estimated fair value. The current Enterprise Value is R$847,002 Mil. Petroleo Brasileiro Petrobras' overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Petroleo Brasileiro Petrobras (BSP:PETR3), the current Enterprise Value is R$847,002 Mil as of Jun. 29, 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$42.25 is trading 9.4% above its estimated GF Value™ of R$38.61. GuruFocus considers Petroleo Brasileiro Petrobras to be Fairly Valued.

Key valuation signals for BSP:PETR3:

  • Enterprise Value: R$847,002 Mil
  • GF Value™: R$38.61 vs. price of R$42.25 (9.4% above fair value)
  • GF Score™: 71/100 with 3 warning signs

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.
71GF Score

Get the complete analysis for BSP:PETR3

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

R$42.25
Price
R$38.61
GF Value