(PBR) Petroleo Brasileiro - Ratings and Ratios
Exchange: NYSE •
Country: Brazil •
Currency: USD •
Type: Common Stock •
ISIN: US71654V4086
Crude Oil, Natural Gas
Dividends
| Dividend Yield | 17.05% |
| Yield on Cost 5y | 65.74% |
| Yield CAGR 5y | 80.29% |
| Payout Consistency | 67.6% |
| Payout Ratio | 45.7% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 31.1% |
| Value at Risk 5%th | 45.8% |
| Relative Tail Risk | -10.52% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.17 |
| Alpha | -7.59 |
| CAGR/Max DD | 0.93 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.610 |
| Beta | 0.666 |
| Beta Downside | 0.997 |
| Drawdowns 3y | |
|---|---|
| Max DD | 25.93% |
| Mean DD | 9.33% |
| Median DD | 9.32% |
Description: PBR Petroleo Brasileiro December 02, 2025
Petrobras (NYSE: PBR) is Brazil’s state-controlled integrated oil and gas company, operating across three core segments: Exploration & Production (E&P), Refining, Transportation & Marketing (RTM), and Gas & Low-Carbon Energies (GLCE). The E&P unit focuses on developing on-shore and deep-water pre-salt fields to supply domestic refineries, while RTM handles crude intake, refining, logistics, fertilizer production, and petrochemical stakes. GLCE expands the firm’s footprint in natural-gas logistics, LNG trading, thermoelectric power, renewables, biodiesel, and other low-carbon initiatives.
Key recent metrics: in 2023 Petrobras produced roughly 2.9 million bbl/d of oil equivalent, generated US$70 billion of net debt, and paid a dividend yielding about 13 % (reflecting its high-payout policy). Capital-expenditure guidance for 2024-2028 targets ~US$30 billion, emphasizing deep-water pre-salt development and de-carbonization projects. The company’s performance is highly sensitive to Brazil’s fiscal reforms, the real-USD exchange rate, and OPEC+ production decisions that influence global crude prices.
Understanding how these macro-drivers and Petrobras’ balance-sheet dynamics interact is essential for assessing its risk-adjusted upside; a deeper dive into the firm’s valuation scenarios is available on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (12.35b TTM) > 0 and > 6% of Revenue (6% = 4.46b TTM) |
| FCFTA 0.07 (>2.0%) and ΔFCFTA -6.46pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -8.35% (prev -2.17%; Δ -6.17pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.15 (>3.0%) and CFO 33.59b > Net Income 12.35b (YES >=105%, WARN >=100%) |
| Net Debt (61.75b) to EBITDA (42.71b) ratio: 1.45 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.82 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (6.44b) change vs 12m ago 0.00% (target <= -2.0% for YES) |
| Gross Margin 47.72% (prev 51.28%; Δ -3.56pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 34.93% (prev 49.38%; Δ -14.45pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 7.80 (EBITDA TTM 42.71b / Interest Expense TTM 4.41b) >= 6 (WARN >= 3) |
Altman Z'' 1.66
| (A) -0.03 = (Total Current Assets 28.08b - Total Current Liabilities 34.29b) / Total Assets 227.89b |
| (B) 0.06 = Retained Earnings (Balance) 13.20b / Total Assets 227.89b |
| (C) 0.16 = EBIT TTM 34.43b / Avg Total Assets 212.86b |
| (D) 0.54 = Book Value of Equity 79.52b / Total Liabilities 147.99b |
| Total Rating: 1.66 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 67.89
| 1. Piotroski 5.0pt |
| 2. FCF Yield 3.23% |
| 3. FCF Margin 22.15% |
| 4. Debt/Equity 0.89 |
| 5. Debt/Ebitda 1.45 |
| 6. ROIC - WACC (= 18.94)% |
| 7. RoE 17.59% |
| 8. Rev. Trend -53.01% |
| 9. EPS Trend -48.59% |
What is the price of PBR shares?
As of December 05, 2025, the stock is trading at USD 12.80 with a total of 9,652,332 shares traded.
Over the past week, the price has changed by +1.11%, over one month by +8.29%, over three months by +3.98% and over the past year by +4.60%.
Over the past week, the price has changed by +1.11%, over one month by +8.29%, over three months by +3.98% and over the past year by +4.60%.
Is PBR a buy, sell or hold?
Petroleo Brasileiro has received a consensus analysts rating of 4.36.
Therefore, it is recommended to buy PBR.
- Strong Buy: 8
- Buy: 3
- Hold: 3
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the PBR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 14.7 | 15.2% |
| Analysts Target Price | 14.7 | 15.2% |
| ValueRay Target Price | 19 | 48.3% |
PBR Fundamental Data Overview November 25, 2025
Market Cap BRL = 451.53b (84.28b USD * 5.3575 USD.BRL)
P/E Trailing = 6.0324
P/E Forward = 4.8972
P/S = 0.1673
P/B = 1.0341
P/EG = 0.2366
Beta = 0.066
Revenue TTM = 74.35b BRL
EBIT TTM = 34.43b BRL
EBITDA TTM = 42.71b BRL
Long Term Debt = 25.64b BRL (from longTermDebt, last quarter)
Short Term Debt = 12.07b BRL (from shortTermDebt, last quarter)
Debt = 70.71b BRL (from shortLongTermDebtTotal, last quarter)
Net Debt = 61.75b BRL (from netDebt column, last quarter)
Enterprise Value = 510.58b BRL (451.53b + Debt 70.71b - CCE 11.66b)
Interest Coverage Ratio = 7.80 (Ebit TTM 34.43b / Interest Expense TTM 4.41b)
FCF Yield = 3.23% (FCF TTM 16.47b / Enterprise Value 510.58b)
FCF Margin = 22.15% (FCF TTM 16.47b / Revenue TTM 74.35b)
Net Margin = 16.61% (Net Income TTM 12.35b / Revenue TTM 74.35b)
Gross Margin = 47.72% ((Revenue TTM 74.35b - Cost of Revenue TTM 38.87b) / Revenue TTM)
Gross Margin QoQ = 47.78% (prev 47.59%)
Tobins Q-Ratio = 2.24 (Enterprise Value 510.58b / Total Assets 227.89b)
Interest Expense / Debt = 1.11% (Interest Expense 783.1m / Debt 70.71b)
Taxrate = 26.92% (2.23b / 8.28b)
NOPAT = 25.16b (EBIT 34.43b * (1 - 26.92%))
Current Ratio = 0.82 (Total Current Assets 28.08b / Total Current Liabilities 34.29b)
Debt / Equity = 0.89 (Debt 70.71b / totalStockholderEquity, last quarter 79.52b)
Debt / EBITDA = 1.45 (Net Debt 61.75b / EBITDA 42.71b)
Debt / FCF = 3.75 (Net Debt 61.75b / FCF TTM 16.47b)
Total Stockholder Equity = 70.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.42% (Net Income 12.35b / Total Assets 227.89b)
RoE = 17.59% (Net Income TTM 12.35b / Total Stockholder Equity 70.20b)
RoCE = 35.92% (EBIT 34.43b / Capital Employed (Equity 70.20b + L.T.Debt 25.64b))
RoIC = 26.37% (NOPAT 25.16b / Invested Capital 95.41b)
WACC = 7.43% (E(451.53b)/V(522.24b) * Re(8.47%) + D(70.71b)/V(522.24b) * Rd(1.11%) * (1-Tc(0.27)))
Discount Rate = 8.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.30%
[DCF Debug] Terminal Value 73.64% ; FCFE base≈20.71b ; Y1≈17.27b ; Y5≈12.73b
Fair Price DCF = 58.27 (DCF Value 216.82b / Shares Outstanding 3.72b; 5y FCF grow -20.08% → 3.0% )
EPS Correlation: -48.59 | EPS CAGR: 10.34% | SUE: 1.50 | # QB: 1
Revenue Correlation: -53.01 | Revenue CAGR: -0.62% | SUE: -0.70 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.50 | Chg30d=-0.161 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=2.50 | Chg30d=+0.017 | Revisions Net=+1 | Growth EPS=-16.6% | Growth Revenue=-1.3%
P/E Trailing = 6.0324
P/E Forward = 4.8972
P/S = 0.1673
P/B = 1.0341
P/EG = 0.2366
Beta = 0.066
Revenue TTM = 74.35b BRL
EBIT TTM = 34.43b BRL
EBITDA TTM = 42.71b BRL
Long Term Debt = 25.64b BRL (from longTermDebt, last quarter)
Short Term Debt = 12.07b BRL (from shortTermDebt, last quarter)
Debt = 70.71b BRL (from shortLongTermDebtTotal, last quarter)
Net Debt = 61.75b BRL (from netDebt column, last quarter)
Enterprise Value = 510.58b BRL (451.53b + Debt 70.71b - CCE 11.66b)
Interest Coverage Ratio = 7.80 (Ebit TTM 34.43b / Interest Expense TTM 4.41b)
FCF Yield = 3.23% (FCF TTM 16.47b / Enterprise Value 510.58b)
FCF Margin = 22.15% (FCF TTM 16.47b / Revenue TTM 74.35b)
Net Margin = 16.61% (Net Income TTM 12.35b / Revenue TTM 74.35b)
Gross Margin = 47.72% ((Revenue TTM 74.35b - Cost of Revenue TTM 38.87b) / Revenue TTM)
Gross Margin QoQ = 47.78% (prev 47.59%)
Tobins Q-Ratio = 2.24 (Enterprise Value 510.58b / Total Assets 227.89b)
Interest Expense / Debt = 1.11% (Interest Expense 783.1m / Debt 70.71b)
Taxrate = 26.92% (2.23b / 8.28b)
NOPAT = 25.16b (EBIT 34.43b * (1 - 26.92%))
Current Ratio = 0.82 (Total Current Assets 28.08b / Total Current Liabilities 34.29b)
Debt / Equity = 0.89 (Debt 70.71b / totalStockholderEquity, last quarter 79.52b)
Debt / EBITDA = 1.45 (Net Debt 61.75b / EBITDA 42.71b)
Debt / FCF = 3.75 (Net Debt 61.75b / FCF TTM 16.47b)
Total Stockholder Equity = 70.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.42% (Net Income 12.35b / Total Assets 227.89b)
RoE = 17.59% (Net Income TTM 12.35b / Total Stockholder Equity 70.20b)
RoCE = 35.92% (EBIT 34.43b / Capital Employed (Equity 70.20b + L.T.Debt 25.64b))
RoIC = 26.37% (NOPAT 25.16b / Invested Capital 95.41b)
WACC = 7.43% (E(451.53b)/V(522.24b) * Re(8.47%) + D(70.71b)/V(522.24b) * Rd(1.11%) * (1-Tc(0.27)))
Discount Rate = 8.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.30%
[DCF Debug] Terminal Value 73.64% ; FCFE base≈20.71b ; Y1≈17.27b ; Y5≈12.73b
Fair Price DCF = 58.27 (DCF Value 216.82b / Shares Outstanding 3.72b; 5y FCF grow -20.08% → 3.0% )
EPS Correlation: -48.59 | EPS CAGR: 10.34% | SUE: 1.50 | # QB: 1
Revenue Correlation: -53.01 | Revenue CAGR: -0.62% | SUE: -0.70 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.50 | Chg30d=-0.161 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=2.50 | Chg30d=+0.017 | Revisions Net=+1 | Growth EPS=-16.6% | Growth Revenue=-1.3%
Additional Sources for PBR Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle