Petroleo Brasileiro Petrobras (BSP:PETR3) 3-Year RORE % : 4.04% (As of Mar. 2026)


BSP:PETR3 Petroleo Brasileiro SA Petrobras BSP:PETR3
70 GF Score
Price R$44.19
GF Value R$38.96
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Petroleo Brasileiro Petrobras 3-Year RORE %?

Petroleo Brasileiro Petrobras BSP:PETR3 +1.52% 70 3-Year RORE % is 4.04 as of Mar. 2026. GuruFocus rates BSP:PETR3 with a GF Score™ of 70/100 and a GF Value™ of R$38.96 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 919 Oil & Gas companies, Petroleo Brasileiro Petrobras ranks better than 53.21% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Petroleo Brasileiro Petrobras's 3-Year RORE % for the quarter that ended in Mar. 2026 was 4.04%.

The industry rank for Petroleo Brasileiro Petrobras's 3-Year RORE % or its related term are showing as below:

BSP:PETR3's 3-Year RORE % is ranked better than
53.21% of 919 companies
in the Oil & Gas industry
Industry Median: 1.22 vs BSP:PETR3: 4.04

Petroleo Brasileiro Petrobras  (BSP:PETR3) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Petroleo Brasileiro Petrobras 3-Year RORE % Related Terms


Petroleo Brasileiro Petrobras 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Petroleo Brasileiro Petrobras's 3-Year RORE % 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 3-Year RORE % Chart

Petroleo Brasileiro Petrobras Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.77 1,729.49 49.27 293.83 -14.83

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
3-Year RORE % 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 486.44 365.33 -140.98 -14.83 4.04

BSP:PETR3 vs XOM, CVX: 3-Year RORE % Comparison

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Petroleo Brasileiro Petrobras's 3-Year RORE % falls into.


BSP:PETR3
70GF Score
Petroleo Brasileiro SA Petrobras BSP:PETR3
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Petroleo Brasileiro Petrobras 3-Year RORE % Calculation

Petroleo Brasileiro Petrobras's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 8.481-8.225 )/( 20.414-14.074 )
=0.256/6.34
=4.04 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 4.04 mean?
Petroleo Brasileiro Petrobras (BSP:PETR3) has a 3-Year RORE % of 4.04 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Petroleo Brasileiro Petrobras and its competitors. According to the industry distribution chart, Petroleo Brasileiro Petrobras ranks #430 out of 919 companies in the Oil & Gas industry, placing it in the top 46.8%.
Is Petroleo Brasileiro Petrobras' 3-Year RORE % too high?
Petroleo Brasileiro Petrobras' current 3-Year RORE % is 4.04. The Oil & Gas industry median 3-Year RORE % is 1.22. Petroleo Brasileiro Petrobras' value of 4.04 is 231.1% above this industry median. Based on the distribution chart, Petroleo Brasileiro Petrobras ranks #430 out of 919 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Petroleo Brasileiro Petrobras has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petroleo Brasileiro Petrobras' 3-Year RORE % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Petroleo Brasileiro Petrobras ranks #430 out of 919 companies for 3-Year RORE %. This puts Petroleo Brasileiro Petrobras in the upper half of its industry. The industry median 3-Year RORE % is 1.22. Petroleo Brasileiro Petrobras' value of 4.04 is 231.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Oil & Gas company?
The median 3-Year RORE % among Oil & Gas companies is 1.22, based on 919 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Petroleo Brasileiro Petrobras's current 3-Year RORE % of 4.04 is 231.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Petroleo Brasileiro Petrobras and its competitors. For the Oil & Gas industry, the median 3-Year RORE % is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petroleo Brasileiro Petrobras's current 3-Year RORE % is 4.04. 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 Modestly Overvalued. The stock's GF Value™ is R$38.96, compared to a current price of R$44.19 — trading 13.4% above its estimated fair value. The current 3-Year RORE % is 4.04 and 231.1% above the Oil & Gas industry median of 1.22. Petroleo Brasileiro Petrobras' overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Petroleo Brasileiro Petrobras (BSP:PETR3), the current 3-Year RORE % is 4.04 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$44.19 is trading 13.4% above its estimated GF Value™ of R$38.96. GuruFocus considers Petroleo Brasileiro Petrobras to be Modestly Overvalued.

Key valuation signals for BSP:PETR3:

  • 3-Year RORE %: 4.04
  • GF Value™: R$38.96 vs. price of R$44.19 (13.4% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 231.1% above the Oil & Gas median (#430 of 919)

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.
70GF Score

Get the complete analysis for BSP:PETR3

3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$44.19
Price
R$38.96
GF Value