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): -9.85%
EPS Trend (3Y Correlation): -50.0%

PBR Revenue

Revenue Growth (3Y CAGR): -8.72%
Revenue Trend (3Y Correlation): -45.8%

Risk via 10d forecast
Volatility	31.6%
Value at Risk 5%th	46.8%
Relative Tail Risk	-9.98%

Reward TTM
Sharpe Ratio	0.34
Alpha	0.46

Character TTM
Hurst Exponent	0.643
Beta	0.667
Beta Downside	0.975

Drawdowns 3y
Max DD	25.93%
Mean DD	9.39%
Median DD	9.32%

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	84,279m
Sub-Industry	Integrated Oil & Gas
IPO / Inception	2000-08-10
Return 12m vs S&P 500	-8.73%
Analyst Rating	4.36 of 5

PBR Dividends

Dividend Yield	13.87%
Yield on Cost 5y	67.21%
Yield CAGR 5y	80.29%
Payout Consistency	71.5%
Payout Ratio	45.7%

PBR Growth Ratios

CAGR 3y	29.48%
CAGR/Max DD Calmar Ratio	1.14
CAGR/Mean DD Pain Ratio	3.14
Current Volume	16132.9k
Average Volume	26520k

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 -6.03pp (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 7.31 (EBITDA TTM 42.71b / Interest Expense TTM 4.71b) >= 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

(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) 68.37

1. Piotroski 5.0pt = 0.0

2. FCF Yield 3.26% = 1.63

3. FCF Margin 22.15% = 5.54

4. Debt/Equity 0.89 = 2.12

5. Debt/Ebitda 1.45 = 1.05

6. ROIC - WACC (= 18.91)% = 12.50

7. RoE 17.59% = 1.47

8. Rev. Trend -45.79% = -3.43

9. EPS Trend -50.05% = -2.50

What is the price of PBR shares?

As of November 17, 2025, the stock is trading at USD 13.18 with a total of 16,132,900 shares traded.
Over the past week, the price has changed by +1.31%, over one month by +14.01%, over three months by +10.97% and over the past year by +5.54%.

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 68.37 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 17.47 USD . This means that PBR is currently undervalued and has a potential upside of +32.55% (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	14.7	11.8%
Analysts Target Price	14.7	11.8%
ValueRay Target Price	19.3	46.4%

PBR Fundamental Data Overview November 16, 2025

Market Cap BRL = 446.38b (84.28b USD * 5.2964 USD.BRL)
P/E Trailing = 6.0324
P/E Forward = 5.0684
P/S = 0.1672
P/B = 1.0681
P/EG = 0.2448
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 = 505.43b BRL (446.38b + Debt 70.71b - CCE 11.66b)
Interest Coverage Ratio = 7.31 (Ebit TTM 34.43b / Interest Expense TTM 4.71b)
FCF Yield = 3.26% (FCF TTM 16.47b / Enterprise Value 505.43b)
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 = 2.22 (Enterprise Value 505.43b / Total Assets 227.89b)
Interest Expense / Debt = 1.52% (Interest Expense 1.08b / 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 = 7.46% (E(446.38b)/V(517.09b) * Re(8.47%) + D(70.71b)/V(517.09b) * Rd(1.52%) * (1-Tc(0.27)))
Discount Rate = 8.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.56%
[DCF Debug] Terminal Value 73.38% ; FCFE base≈20.37b ; Y1≈16.75b ; Y5≈12.01b
Fair Price DCF = 55.18 (DCF Value 205.32b / Shares Outstanding 3.72b; 5y FCF grow -21.40% → 3.0% )
EPS Correlation: -50.05 | EPS CAGR: -9.85% | SUE: 1.50 | # QB: 1
Revenue Correlation: -45.79 | Revenue CAGR: -8.72% | SUE: -0.70 | # QB: 0

Additional Sources for PBR Stock

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