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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Petroleo Brasileiro Petrobras's current 3-Year Share Buyback Ratio was 0.40%.
The historical rank and industry rank for Petroleo Brasileiro Petrobras's 3-Year Share Buyback Ratio or its related term are showing as below:
BSP:PETR3'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -50.7 Med: 0 Max: 0.4
Current: 0.4
During the past 13 years, Petroleo Brasileiro Petrobras's highest 3-Year Share Buyback Ratio was 0.40%. The lowest was -50.70%. And the median was 0.00%.
BSP:PETR3's 3-Year Share Buyback Ratio is ranked better than 78.57% of 686
companies
in the Oil & Gas industry
Industry Median: -3.55
vs BSP:PETR3: 0.40
Petroleo Brasileiro Petrobras (BSP:PETR3) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Petroleo Brasileiro Petrobras 3-Year Share Buyback Ratio Related Terms
BSP:PETR3 vs XOM, CVX: 3-Year Share Buyback Ratio Comparison
For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback 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 3-Year Share Buyback Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Petroleo Brasileiro Petrobras's 3-Year Share Buyback Ratio falls into.
Petroleo Brasileiro Petrobras 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 0.40 mean?
Petroleo Brasileiro Petrobras (BSP:PETR3) has a 3-Year Share Buyback Ratio of 0.40 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Petroleo Brasileiro Petrobras and its competitors. According to the industry distribution chart, Petroleo Brasileiro Petrobras ranks #147 out of 686 companies in the Oil & Gas industry, placing it in the top 21.4%.
Is Petroleo Brasileiro Petrobras' 3-Year Share Buyback Ratio too high?
Petroleo Brasileiro Petrobras' current 3-Year Share Buyback Ratio is 0.40. Based on the distribution chart, Petroleo Brasileiro Petrobras ranks #147 out of 686 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Petroleo Brasileiro Petrobras has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petroleo Brasileiro Petrobras' 3-Year Share Buyback Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Petroleo Brasileiro Petrobras ranks #147 out of 686 companies for 3-Year Share Buyback Ratio. This places Petroleo Brasileiro Petrobras in the top 21% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for an Oil & Gas company?
A good 3-Year Share Buyback Ratio depends on the Oil & Gas industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Petroleo Brasileiro Petrobras and its competitors. Petroleo Brasileiro Petrobras's current 3-Year Share Buyback Ratio is 0.40. 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$43.74, compared to a current price of R$52.01 — trading 18.9% above its estimated fair value. The current 3-Year Share Buyback Ratio is 0.40. Petroleo Brasileiro Petrobras' overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Petroleo Brasileiro Petrobras (BSP:PETR3), the current 3-Year Share Buyback Ratio is 0.40 as of Jun. 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$52.01 is trading 18.9% above its estimated GF Value™ of R$43.74.
GuruFocus considers Petroleo Brasileiro Petrobras to be Modestly Overvalued.
Key valuation signals for BSP:PETR3:
3-Year Share Buyback Ratio: 0.40
GF Value™: R$43.74 vs. price of R$52.01 (18.9% above fair value)
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.
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
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