Overview Dividends

(PBR) Petroleo Brasileiro - Ratings and Ratios

Exchange: NYSE • Country: Brazil • Currency: USD • Type: Common Stock • ISIN: US71654V4086

Crude Oil, Natural Gas, Refined Products, Electricity, Biodiesel

PBR EPS (Earnings per Share)

EPS Growth (3Y CAGR): -63.84%
EPS Trend (3Y Correlation): -75.1%

PBR Revenue

Revenue Growth (3Y CAGR): -14.54%
Revenue Trend (3Y Correlation): -61.5%

Description: PBR Petroleo Brasileiro September 26, 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 (G&LCE). The E&P unit focuses on developing onshore and offshore fields-particularly the high-yield pre-salt basins-to supply domestic refineries, while RTM handles crude intake, refining, logistics, product trading, and holds stakes in petrochemical ventures. The G&LCE segment manages natural-gas and electricity logistics, LNG trading, thermoelectric generation, renewable projects, biodiesel production, and other low-carbon initiatives.

Key operating metrics (2023) show Petrobras produced roughly 2.5 million barrels of oil equivalent per day, with net debt hovering around US$ 75 billion, reflecting its aggressive capital-intensive deep-water program. The company’s profitability is tightly linked to Brazil’s fiscal reforms and the real’s exchange rate, which affect both domestic demand for fuel and the cost base of imported equipment.

Sector-level drivers that shape Petrobras’ outlook include global oil price volatility (WTI ± $10 / bbl swings can move earnings by ± 10 %), the ongoing energy transition that pressures integrated majors to diversify into low-carbon assets, and Brazil’s regulatory environment, where recent de-privatization and concession auctions aim to boost private-sector participation in upstream projects.

For a data-driven deep-dive into Petrobras’ valuation metrics, the ValueRay platform offers a transparent, model-backed view.

PBR Stock Overview

Market Cap in USD	72,402m
Sub-Industry	Integrated Oil & Gas
IPO / Inception	2000-08-10

PBR Stock Ratings

Growth Rating	56.0%
Fundamental	67.2%
Dividend Rating	68.5%
Return 12m vs S&P 500	-15.7%
Analyst Rating	4.36 of 5

PBR Dividends

Dividend Yield 12m	15.70%
Yield on Cost 5y	88.31%
Annual Growth 5y	80.29%
Payout Consistency	71.5%
Payout Ratio	46.1%

PBR Growth Ratios

Growth Correlation 3m	-27.1%
Growth Correlation 12m	-6.8%
Growth Correlation 5y	91.8%
CAGR 5y	19.73%
CAGR/Max DD 3y (Calmar Ratio)	0.76
CAGR/Mean DD 3y (Pain Ratio)	2.09
Sharpe Ratio 12m	0.56
Alpha	-9.49
Beta	0.289
Volatility	27.30%
Current Volume	19215.6k
Average Volume 20d	23832k
Stop Loss	11.2 (-3.8%)
Signal	-0.84

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (12.19b TTM) > 0 and > 6% of Revenue (6% = 4.45b TTM)

FCFTA 0.08 (>2.0%) and ΔFCFTA -6.30pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -10.69% (prev -3.36%; Δ -7.33pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.16 (>3.0%) and CFO 35.04b > Net Income 12.19b (YES >=105%, WARN >=100%)

Net Debt (61.07b) to EBITDA (41.27b) ratio: 1.48 <= 3.0 (WARN <= 3.5)

Current Ratio 0.76 (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 -0.07% (target <= -2.0% for YES)

Gross Margin 48.85% (prev 51.73%; Δ -2.88pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 36.59% (prev 52.44%; Δ -15.85pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 7.99 (EBITDA TTM 41.27b / Interest Expense TTM 4.27b) >= 6 (WARN >= 3)

Altman Z'' 1.56

(A) -0.04 = (Total Current Assets 24.90b - Total Current Liabilities 32.83b) / Total Assets 215.30b

(B) 0.04 = Retained Earnings (Balance) 8.69b / Total Assets 215.30b

(D) 0.52 = Book Value of Equity 73.16b / Total Liabilities 141.67b

Total Rating: 1.56 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 67.17

1. Piotroski 5.50pt = 0.50

2. FCF Yield 3.97% = 1.98

3. FCF Margin 23.96% = 5.99

4. Debt/Equity 0.93 = 2.08

5. Debt/Ebitda 1.48 = 0.99

6. ROIC - WACC (= 21.07)% = 12.50

7. RoE 17.82% = 1.49

8. Rev. Trend -61.45% = -4.61

9. EPS Trend -75.10% = -3.76

What is the price of PBR shares?

As of November 03, 2025, the stock is trading at USD 11.64 with a total of 19,215,600 shares traded.
Over the past week, the price has changed by -1.85%, over one month by -6.43%, over three months by -6.91% and over the past year by +2.19%.

Is Petroleo Brasileiro a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Petroleo Brasileiro (NYSE:PBR) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 67.17 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PBR is around 15.22 USD . This means that PBR is currently undervalued and has a potential upside of +30.76% (Margin of Safety).

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	15.1	30.1%
Analysts Target Price	15.1	30.1%
ValueRay Target Price	16.6	42.7%

PBR Fundamental Data Overview October 20, 2025

Market Cap BRL = 389.82b (72.40b USD * 5.3842 USD.BRL)
P/E Trailing = 5.4393
P/E Forward = 4.7824
P/S = 0.8465
P/B = 1.0958
P/EG = 0.231
Beta = 0.289
Revenue TTM = 74.24b BRL
EBIT TTM = 34.11b BRL
EBITDA TTM = 41.27b BRL
Long Term Debt = 23.32b BRL (from longTermDebt, last quarter)
Short Term Debt = 11.74b BRL (from shortTermDebt, last quarter)
Debt = 68.06b BRL (from shortLongTermDebtTotal, last quarter)
Net Debt = 61.07b BRL (from netDebt column, last quarter)
Enterprise Value = 448.39b BRL (389.82b + Debt 68.06b - CCE 9.50b)
Interest Coverage Ratio = 7.99 (Ebit TTM 34.11b / Interest Expense TTM 4.27b)
FCF Yield = 3.97% (FCF TTM 17.79b / Enterprise Value 448.39b)
FCF Margin = 23.96% (FCF TTM 17.79b / Revenue TTM 74.24b)
Net Margin = 16.42% (Net Income TTM 12.19b / Revenue TTM 74.24b)
Gross Margin = 48.85% ((Revenue TTM 74.24b - Cost of Revenue TTM 37.97b) / Revenue TTM)
Gross Margin QoQ = 47.59% (prev 49.30%)
Tobins Q-Ratio = 2.08 (Enterprise Value 448.39b / Total Assets 215.30b)
Interest Expense / Debt = 1.08% (Interest Expense 735.7m / Debt 68.06b)
Taxrate = 25.80% (1.65b / 6.41b)
NOPAT = 25.31b (EBIT 34.11b * (1 - 25.80%))
Current Ratio = 0.76 (Total Current Assets 24.90b / Total Current Liabilities 32.83b)
Debt / Equity = 0.93 (Debt 68.06b / totalStockholderEquity, last quarter 73.16b)
Debt / EBITDA = 1.48 (Net Debt 61.07b / EBITDA 41.27b)
Debt / FCF = 3.43 (Net Debt 61.07b / FCF TTM 17.79b)
Total Stockholder Equity = 68.38b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.66% (Net Income 12.19b / Total Assets 215.30b)
RoE = 17.82% (Net Income TTM 12.19b / Total Stockholder Equity 68.38b)
RoCE = 37.20% (EBIT 34.11b / Capital Employed (Equity 68.38b + L.T.Debt 23.32b))
RoIC = 27.21% (NOPAT 25.31b / Invested Capital 93.00b)
WACC = 6.15% (E(389.82b)/V(457.89b) * Re(7.08%) + D(68.06b)/V(457.89b) * Rd(1.08%) * (1-Tc(0.26)))
Discount Rate = 7.08% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -33.33 | Cagr: -0.30%
[DCF Debug] Terminal Value 75.58% ; FCFE base≈21.76b ; Y1≈18.40b ; Y5≈13.95b
Fair Price DCF = 68.71 (DCF Value 255.67b / Shares Outstanding 3.72b; 5y FCF grow -18.72% → 3.0% )
EPS Correlation: -75.10 | EPS CAGR: -63.84% | SUE: -2.35 | # QB: 0
Revenue Correlation: -61.45 | Revenue CAGR: -14.54% | SUE: -0.63 | # QB: 0

Additional Sources for PBR Stock

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Fund Manager Positions: Dataroma | Stockcircle