Petroleo Brasileiro Petrobras (BSP:PETR4) Asset Turnover: 0.10 (As of Mar. 2026)


BSP:PETR4 Petroleo Brasileiro SA Petrobras BSP:PETR4
71 GF Score
Price R$38.06
GF Value R$34.78
Valuation Fairly Valued
! 3 Warning Signs
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What is Petroleo Brasileiro Petrobras Asset Turnover?

Petroleo Brasileiro Petrobras BSP:PETR4 -1.01% 71 Asset Turnover is 0.10 as of Mar. 2026. GuruFocus rates BSP:PETR4 with a GF Score™ of 71/100 and a GF Value™ of R$34.78 (Fairly Valued). The stock has 3 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Petroleo Brasileiro Petrobras's Revenue for the three months ended in Mar. 2026 was R$123,686 Mil. Petroleo Brasileiro Petrobras's Total Assets for the quarter that ended in Mar. 2026 was R$1,232,148 Mil. Therefore, Petroleo Brasileiro Petrobras's Asset Turnover for the quarter that ended in Mar. 2026 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Petroleo Brasileiro Petrobras's annualized ROE % for the quarter that ended in Mar. 2026 was 30.41%. It is also linked to ROA % through Du Pont Formula. Petroleo Brasileiro Petrobras's annualized ROA % for the quarter that ended in Mar. 2026 was 10.60%.


Petroleo Brasileiro Petrobras  (BSP:PETR4) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Petroleo Brasileiro Petrobras's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=130652/429612.374
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(130652 / 494744)*(494744 / 1232148.445)*(1232148.445/ 429612.374)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.41 %*0.4015*2.868
=ROA %*Equity Multiplier
=10.60 %*2.868
=30.41 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Petroleo Brasileiro Petrobras's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=130652/1232148.445
=(Net Income / Revenue)*(Revenue / Total Assets)
=(130652 / 494744)*(494744 / 1232148.445)
=Net Margin %*Asset Turnover
=26.41 %*0.4015
=10.60 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Petroleo Brasileiro Petrobras Asset Turnover Related Terms


Petroleo Brasileiro Petrobras Asset Turnover Historical Data

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The historical data trend for Petroleo Brasileiro Petrobras's Asset Turnover 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 Asset Turnover Chart

Petroleo Brasileiro Petrobras Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.67 0.49 0.52 0.42

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
Asset Turnover 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 0.11 0.10 0.10 0.12 0.10

BSP:PETR4 vs XOM, CVX: Asset Turnover Comparison

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Oil & Gas Industry

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

* The bar in red indicates where Petroleo Brasileiro Petrobras's Asset Turnover falls into.


BSP:PETR4
71GF Score
Petroleo Brasileiro SA Petrobras BSP:PETR4
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Petroleo Brasileiro Petrobras Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Petroleo Brasileiro Petrobras's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=488717.244/( (1122729.581+1218228.89)/ 2 )
=488717.244/1170479.2355
=0.42

Petroleo Brasileiro Petrobras's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=123686/( (1218228.89+1246068)/ 2 )
=123686/1232148.445
=0.10

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.10 mean?
Petroleo Brasileiro Petrobras (BSP:PETR4) has a Asset Turnover of 0.10 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Petroleo Brasileiro Petrobras and its competitors.
Is Petroleo Brasileiro Petrobras' Asset Turnover too high?
Petroleo Brasileiro Petrobras' current Asset Turnover is 0.10. 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' Asset Turnover compare to XOM and CVX?
Petroleo Brasileiro Petrobras' Asset Turnover of 0.10 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 Asset Turnover for an Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Petroleo Brasileiro Petrobras and its competitors. Petroleo Brasileiro Petrobras's current Asset Turnover is 0.10. 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:PETR4) is currently considered Fairly Valued. The stock's GF Value™ is R$34.78, compared to a current price of R$38.06 — trading 9.4% above its estimated fair value. The current Asset Turnover is 0.10. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Petroleo Brasileiro Petrobras (BSP:PETR4), the current Asset Turnover is 0.10 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:PETR4) Overvalued in 2026?

Based on GuruFocus' analysis, Petroleo Brasileiro Petrobras stock appears to be overvalued. The current stock price of R$38.06 is trading 9.4% above its estimated GF Value™ of R$34.78. GuruFocus considers Petroleo Brasileiro Petrobras to be Fairly Valued.

Key valuation signals for BSP:PETR4:

  • Asset Turnover: 0.10
  • GF Value™: R$34.78 vs. price of R$38.06 (9.4% above fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the BSP:PETR4 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:PETR4

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$38.06
Price
R$34.78
GF Value