Petroleo Brasileiro Petrobras (BSP:PETR3) ROE % Adjusted to Book Value: 19.49% (As of Mar. 2026)


BSP:PETR3 Petroleo Brasileiro SA Petrobras BSP:PETR3
71 GF Score
Price R$41.78
GF Value R$39.40
Valuation Fairly Valued
! 3 Warning Signs
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What is Petroleo Brasileiro Petrobras ROE % Adjusted to Book Value?

Petroleo Brasileiro Petrobras BSP:PETR3 -1.25% 71 ROE % Adjusted to Book Value is 19.49% as of Mar. 2026. GuruFocus rates BSP:PETR3 with a GF Score™ of 71/100 and a GF Value™ of R$39.40 (Fairly Valued). The stock has 3 warning signs investors should review.

Petroleo Brasileiro Petrobras's ROE % for the quarter that ended in Mar. 2026 was 30.41%. Petroleo Brasileiro Petrobras's PB Ratio for the quarter that ended in Mar. 2026 was 1.56. Petroleo Brasileiro Petrobras's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 19.49%.


Petroleo Brasileiro Petrobras ROE % Adjusted to Book Value Related Terms


Petroleo Brasileiro Petrobras ROE % Adjusted to Book Value Historical Data

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The historical data trend for Petroleo Brasileiro Petrobras's ROE % Adjusted to Book Value 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.

Petroleo Brasileiro Petrobras ROE % Adjusted to Book Value Chart

Petroleo Brasileiro Petrobras Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.93 51.35 24.43 8.96 27.34

Petroleo Brasileiro Petrobras Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.98 23.65 30.23 17.47 19.49

BSP:PETR3 vs XOM, CVX: ROE % Adjusted to Book Value Comparison

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Petroleo Brasileiro Petrobras's ROE % Adjusted to Book Value falls into.


BSP:PETR3
71GF Score
Petroleo Brasileiro SA Petrobras BSP:PETR3
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Petroleo Brasileiro Petrobras ROE % Adjusted to Book Value Calculation

Petroleo Brasileiro Petrobras's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=27.61% / 1.01
=27.34%

Petroleo Brasileiro Petrobras's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=30.41% / 1.56
=19.49%

* 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.

What does a ROE % Adjusted to Book Value of 19.49% mean?
Petroleo Brasileiro Petrobras (BSP:PETR3) has a ROE % Adjusted to Book Value of 19.49% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Petroleo Brasileiro Petrobras and its competitors.
Is Petroleo Brasileiro Petrobras' ROE % Adjusted to Book Value too high?
Petroleo Brasileiro Petrobras' current ROE % Adjusted to Book Value is 19.49%. Overall, Petroleo Brasileiro Petrobras has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petroleo Brasileiro Petrobras' ROE % Adjusted to Book Value compare to XOM and CVX?
Petroleo Brasileiro Petrobras' ROE % Adjusted to Book Value of 19.49% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Oil & Gas company?
A good ROE % Adjusted to Book Value depends on the Oil & Gas industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Petroleo Brasileiro Petrobras and its competitors. Petroleo Brasileiro Petrobras's current ROE % Adjusted to Book Value is 19.49%. 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 Fairly Valued. The stock's GF Value™ is R$39.40, compared to a current price of R$41.78 — trading 6% above its estimated fair value. The current ROE % Adjusted to Book Value is 19.49%. Petroleo Brasileiro Petrobras' overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Petroleo Brasileiro Petrobras (BSP:PETR3), the current ROE % Adjusted to Book Value is 19.49% as of Mar. 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$41.78 is trading 6% above its estimated GF Value™ of R$39.40. GuruFocus considers Petroleo Brasileiro Petrobras to be Fairly Valued.

Key valuation signals for BSP:PETR3:

  • ROE % Adjusted to Book Value: 19.49%
  • GF Value™: R$39.40 vs. price of R$41.78 (6% above fair value)
  • GF Score™: 71/100 with 3 warning signs

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.


Petroleo Brasileiro Petrobras Business Description

Industry EnergyOil & Gas
Address Avenida Henrique Valadares, 28, Rio de Janeiro, RJ, BRA, 20231-030
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

Get the complete analysis for BSP:PETR3

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$41.78
Price
R$39.40
GF Value