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Petroleo Brasileiro Petrobras (BSP:PETR3) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Petroleo Brasileiro Petrobras Equity-to-Asset Related Terms
Petroleo Brasileiro Petrobras Equity-to-Asset 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 Equity-to-Asset Chart
For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Petroleo Brasileiro Petrobras's Equity-to-Asset falls into.
Petroleo Brasileiro Petrobras Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* 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 (BSP:PETR3) has a Equity-to-Asset of 0.38 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Petroleo Brasileiro Petrobras and its competitors. This is 12% above median its historical median of 0.34. Over the past decade, Petroleo Brasileiro Petrobras' Equity-to-Asset has ranged from 0.24 to 0.44. According to the industry distribution chart, Petroleo Brasileiro Petrobras ranks #653 out of 1033 companies in the Oil & Gas industry, placing it in the top 63.2%.
Is Petroleo Brasileiro Petrobras' Equity-to-Asset too high?
Petroleo Brasileiro Petrobras' current Equity-to-Asset of 0.38 is 12% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.44. The Oil & Gas industry median Equity-to-Asset is 0.50. Petroleo Brasileiro Petrobras' value of 0.38 is 24% below this industry median. Based on the distribution chart, Petroleo Brasileiro Petrobras ranks #653 out of 1033 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Petroleo Brasileiro Petrobras has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petroleo Brasileiro Petrobras' Equity-to-Asset compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Petroleo Brasileiro Petrobras ranks #653 out of 1033 companies for Equity-to-Asset. This places Petroleo Brasileiro Petrobras in the lower half of its industry. The industry median Equity-to-Asset is 0.50. Petroleo Brasileiro Petrobras' value of 0.38 is 24% below this benchmark. Historically, Petroleo Brasileiro Petrobras' own Equity-to-Asset has ranged from 0.24 to 0.44 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.50, 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 Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.50, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Petroleo Brasileiro Petrobras's current Equity-to-Asset of 0.38 is 24% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Petroleo Brasileiro Petrobras and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petroleo Brasileiro Petrobras's current Equity-to-Asset is 0.38, which is 12% above median its own 10-year median of 0.34. 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$43.51, compared to a current price of R$50.29 — trading 15.6% above its estimated fair value. The current Equity-to-Asset is 0.38, which is 12% above median its 10-year median of 0.34 and 24% below the Oil & Gas industry median of 0.50. Petroleo Brasileiro Petrobras' overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Petroleo Brasileiro Petrobras (BSP:PETR3), the current Equity-to-Asset is 0.38 as of Jun. 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$50.29 is trading 15.6% above its estimated GF Value™ of R$43.51.
GuruFocus considers Petroleo Brasileiro Petrobras to be Modestly Overvalued.
Key valuation signals for BSP:PETR3:
Equity-to-Asset: 0.38 (12% above median its 10-year median of 0.34)
GF Value™: R$43.51 vs. price of R$50.29 (15.6% above fair value)
Industry Position: 24% below the Oil & Gas median (#653 of 1033)
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.
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
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