Petroleo Brasileiro Petrobras's quarterly market cap
declined
from Mar. 2024 ($98,175 Mil) to Jun. 2024 ($93,379 Mil) and
declined
from Jun. 2024 ($93,379 Mil) to Sep. 2024 ($92,863 Mil).
Petroleo Brasileiro Petrobras's annual market cap
declined
from Dec. 2021 ($71,613 Mil) to Dec. 2022 ($69,460 Mil) but then
increased
from Dec. 2022 ($69,460 Mil) to Dec. 2023 ($103,327 Mil).
Enterprise Value is 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 and cash equivalents. Petroleo Brasileiro Petrobras's Enterprise Value for Today is $131,455 Mil.
Petroleo Brasileiro Petrobras Market Cap 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.
Competitive Comparison of Petroleo Brasileiro Petrobras's Market Cap
For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's Market Cap distribution charts can be found below:
* The bar in red indicates where Petroleo Brasileiro Petrobras's Market Cap falls into.
Petroleo Brasileiro Petrobras Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 (NYSE:PBR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Petroleo Brasileiro Petrobras Market Cap Related Terms
Thank you for viewing the detailed overview of Petroleo Brasileiro Petrobras's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Petroleo Brasileiro Petrobras Business Description
Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production of oil and gas in Brazilian offshore fields. Production in 2023 was 2.8 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.9 billion boe (85% oil). At end-2023, Petrobras operated 10 refineries in Brazil with capacity of 1.8 million barrels a day and distributes refined products and natural gas throughout Brazil.
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