Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) PB Ratio

: 1.30 (As of Today)

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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-17), Petroleo Brasileiro Petrobras's share price is $15.69. Petroleo Brasileiro Petrobras's Book Value per Share for the quarter that ended in Dec. 2023 was $12.03. Hence, Petroleo Brasileiro Petrobras's PB Ratio of today is 1.30.

Warning Sign:

Petroleo Brasileiro SA Petrobras stock PB Ratio (=1.39) is close to 10-year high of 1.51

The historical rank and industry rank for Petroleo Brasileiro Petrobras's PB Ratio or its related term are showing as below:

PBR' s PB Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.97 Max: 1.51
Current: 1.4

During the past 13 years, Petroleo Brasileiro Petrobras's highest PB Ratio was 1.51. The lowest was 0.31. And the median was 0.97.

PBR's PB Ratio is ranked worse than
56.71% of 991 companies
in the Oil & Gas industry
Industry Median: 1.25 vs PBR: 1.40

During the past 12 months, Petroleo Brasileiro Petrobras's average Book Value Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Petroleo Brasileiro Petrobras was 32.20% per year. The lowest was -15.50% per year. And the median was 7.60% per year.

Back to Basics: PB Ratio

Petroleo Brasileiro Petrobras PB Ratio Historical Data

The historical data trend for Petroleo Brasileiro Petrobras's PB 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.

* Premium members only.

Petroleo Brasileiro Petrobras Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

1.45

1.22

1.05

0.99

1.33

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
PB Ratio																0.99	0.88	1.17	1.24	1.33

Competitive Comparison

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

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

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

Petroleo Brasileiro Petrobras PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Petroleo Brasileiro Petrobras's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	15.69	/	12.03
	=	1.30

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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

Petroleo Brasileiro Petrobras (NYSE:PBR) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

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

Petroleo Brasileiro Petrobras PB 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 » PB 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.