Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Forward PE Ratio

: 4.27 (As of Today)

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Petroleo Brasileiro Petrobras's Forward PE Ratio for today is 4.27.

Petroleo Brasileiro Petrobras's PE Ratio without NRI for today is 4.19.

Petroleo Brasileiro Petrobras's PE Ratio for today is 4.26.

Petroleo Brasileiro Petrobras Forward PE Ratio Historical Data

The historical data trend for Petroleo Brasileiro Petrobras's Forward PE Ratio 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.

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Petroleo Brasileiro Petrobras Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

6.89

10.50

6.71

7.01

9.03

17.01

5.24

3.61

4.70

4.19

Petroleo Brasileiro Petrobras Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	6.89	3.21	8.33	6.59	10.50	8.31	5.73	5.38	6.71	7.14	5.17	5.16	7.01	9.54	9.95	8.25	9.03	4.65	13.30	17.01	11.79	8.55	5.01	5.24	4.42	2.75	3.51	3.61	3.45	4.36	5.43	4.70	4.04

Competitive Comparison

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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 Forward PE Ratio Distribution

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

* The bar in red indicates where Petroleo Brasileiro Petrobras's Forward PE Ratio falls into.

Petroleo Brasileiro Petrobras Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Petroleo Brasileiro Petrobras (NYSE:PBR) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Petroleo Brasileiro Petrobras Forward PE Ratio Related Terms

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Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petroleo Brasileiro SA Petrobras (NYSE:PBR) » Definitions » Forward PE Ratio

Traded in Other Exchanges

PBR.A:USA PBRN:Mexico PBRA:Mexico XPBRA:Spain XPBR:Spain PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PETR4:Brazil PETR3:Brazil

Address

Avenida Republica do Chile, 65, Rio de Janeiro, RJ, BRA, 20031-912

Website

https://www.petrobras.com.br

Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2022 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.5 billion boe (85% oil). At year-end 2022, Petrobras operated 11 refineries in Brazil with capacity of 1.9 million barrels a day and distributes refined products and natural gas throughout Brazil.