Petroleo Brasileiro Petrobras (BSP:PETR4) Price-to-Tangible-Book

: 1.41 (As of Today)

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As of today (2024-04-19), Petroleo Brasileiro Petrobras's share price is R$39.85. Petroleo Brasileiro Petrobras's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was R$28.33. Hence, Petroleo Brasileiro Petrobras's Price to Tangible Book Ratio of today is 1.41.

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

BSP:PETR4' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42 Med: 1.06 Max: 1.93
Current: 1.45

During the past 13 years, Petroleo Brasileiro Petrobras's highest Price to Tangible Book Ratio was 1.93. The lowest was 0.42. And the median was 1.06.

BSP:PETR4's Price-to-Tangible-Book is ranked worse than
53.56% of 928 companies
in the Oil & Gas industry
Industry Median: 1.325 vs BSP:PETR4: 1.45

A closely related ratio is called PB Ratio. As of today, Petroleo Brasileiro Petrobras's share price is R$39.85. Petroleo Brasileiro Petrobras's Book Value per Sharefor the quarter that ended in Dec. 2023 was R$29.47. Hence, Petroleo Brasileiro Petrobras's P/B Ratio of today is 1.35.

Petroleo Brasileiro Petrobras Price-to-Tangible-Book Historical Data

The historical data trend for Petroleo Brasileiro Petrobras's Price-to-Tangible-Book 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.

* Premium members only.

Petroleo Brasileiro Petrobras Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.82

1.60

1.00

0.91

1.31

Petroleo Brasileiro Petrobras Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																0.91	0.79	1.08	1.21	1.31

Competitive Comparison

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution

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

* The bar in red indicates where Petroleo Brasileiro Petrobras's Price-to-Tangible-Book falls into.

Petroleo Brasileiro Petrobras Price-to-Tangible-Book Calculation

Petroleo Brasileiro Petrobras's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	39.85	/	28.332
	=	1.41

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Petroleo Brasileiro Petrobras Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Petroleo Brasileiro Petrobras's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Petroleo Brasileiro Petrobras (BSP:PETR4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petroleo Brasileiro SA Petrobras (BSP:PETR4) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

PBR.A:USA PBR: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 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.

Petroleo Brasileiro Petrobras (BSP:PETR4) Headlines

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