Valuation Petrobras

Stocks

Delayed Sao Paulo 22:35:02 23/09/2026 +03			5-day change	1st Jan Change
49.63 ^BRL	+15.14%		+2.03%	+61.06%

09:50pm	Brazil's Petrobras may consider Colombia offshore gas project in 2027-2031 business plan, executive says	RE
07:38pm	Petrobras Global Finance B.V. Announces Redemption Price for 5.999% Global Notes Due 2028	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	387,853	345,928	497,645	490,407	410,255	659,265	-	-
Change	-	-10.81%	43.86%	-1.45%	-16.34%	60.7%	-	-
Enterprise Value (EV) ¹	653,631	570,438	725,444	795,207	730,186	946,441	922,681	900,920
Change	-	-12.73%	27.17%	9.62%	-8.18%	29.62%	-2.51%	-2.36%
P/E	3.48x	1.7x	3.89x	12.7x	3.84x	3.99x	5.18x	5.44x
PBR	0.96x	0.88x	1.27x	1.27x	1x	1.21x	1.09x	0.99x
PEG	-	0x	-0.1x	-0.2x	0x	0.1x	-0.2x	-1.16x
Capitalization / Revenue	0.86x	0.54x	0.98x	0.93x	0.87x	1.12x	1.19x	1.22x
EV / Revenue	1.44x	0.89x	1.42x	1.51x	1.55x	1.61x	1.66x	1.66x
EV / EBITDA	2.79x	1.68x	2.78x	3x	3.16x	3.03x	3.19x	3.19x
EV / EBIT	3.81x	2.1x	3.72x	4.12x	4.83x	4.12x	4.64x	4.74x
EV / FCF	3.87x	2.77x	4.54x	5.84x	8.37x	8.1x	7.69x	8.34x
FCF Yield	25.9%	36.1%	22%	17.1%	12%	12.3%	13%	12%
Dividend per Share ²	8.534	15.09	5.569	5.734	3.199	4.066	5.451	5.521
Rate of return	30%	61.6%	15%	15.8%	10.4%	8.41%	11.3%	11.4%
EPS ²	8.18	14.44	9.57	2.84	8.026	12.12	9.33	8.894
Distribution rate	104%	105%	58.2%	202%	39.9%	33.6%	58.4%	62.1%
Net sales ¹	452,668	641,256	509,987	527,918	470,950	588,377	555,449	541,471
EBITDA ¹	234,576	340,482	261,016	264,987	231,111	311,919	289,140	282,795
EBIT ¹	171,528	272,280	194,883	192,922	151,135	229,666	198,989	189,916
Net income ¹	106,668	188,328	123,920	43,473	103,668	149,629	118,593	113,031
Net Debt ¹	265,778	224,510	227,799	304,800	319,931	287,176	263,415	241,655
Reference price ²	28.45	24.50	37.24	36.19	30.82	48.35	48.35	48.35
Nbr of stocks (in thousands)	13,044,201	13,044,201	13,015,466	12,888,733	12,888,733	12,888,733	-	-
Announcement Date	2/24/22 A	3/2/23 A	3/8/24 A	2/26/25 A	3/6/26 A	-	-	-

¹BRL in Million²BRL

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
PETROBRAS	4.09x	1.61x	3.04x	7.37%	129B
ARAMCO	13.15x	3.4x	6.37x	5.42%	1,652B
CHEVRON CORPORATION	12.96x	1.81x	5.92x	3.52%	397B
PETROCHINA COMPANY LIMITED	7.94x	0.59x	3.86x	6.56%	286B
SHELL PLC	8.1x	0.96x	4.17x	3.33%	269B
TOTALENERGIES SE	8.02x	1.06x	4.34x	4.54%	199B
CNOOC LIMITED	6.02x	1.66x	2.65x	7.58%	149B
EQUINOR ASA	7.74x	0.84x	2.04x	3.74%	100B
ENI S.P.A.	8.34x	0.8x	4.05x	4.8%	77.97B
Average	8.48x	1.41x	4.05x	5.21%	362.05B
Weighted average by Cap.	10.97x	2.32x	5.30x	5.17%