
Petróleo Brasileiro S.A. - Petrobras Financial Ratios 2024-2006 | PBR
Brief overview of Petróleo Brasileiro S.A. - Petrobras's multiples and efficiency
This overview follows the five latest available observations from 2011 through 2024.
The current valuation set is EV/EBITDA 4.43x (median 4.43x), P/S 0.13x (median 0.18x), P/B 0.13x (median 0.27x). The combined multiple level is about 29.6% below the company's historical norm, suggesting more cautious expectations.
Capital efficiency is characterized by ROE 12.8%, ROA 4.2%, ROCE 17.9%. Fundamental efficiency is balanced: profitability supports valuation but does not remove the need for future growth.
The cash conversion cycle increased 690.2 days to 775.2 days, weakening working-capital efficiency.
Valuation takeaway
Petróleo Brasileiro S.A. - Petrobras combines strong fundamental efficiency with valuation below its own five-year norm. The discount merits attention but should be checked against sector and financial risks.
Annual Financial Ratios Petróleo Brasileiro S.A. - Petrobras
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
P/E |
- | - | - | - | - | - | - | - | 2.4 | -2.1 | - | - | - | 20.0 | - | - | - | - | - |
P/S |
- | - | - | - | - | - | - | - | 0.1 | 0.2 | - | - | - | 3.7 | - | - | - | - | - |
EPS |
0.6 | 1.9 | 2.8 | 1.5 | 0.1 | 0.8 | 0.6 | -0.0 | -0.4 | -0.7 | - | - | - | - | - | - | - | - | - |
EV (Enterprise Value) |
119 B | 125 B | 109 B | - | -11.7 B | 148 B | 135 B | 147 B | 159 B | 139 B | - | 172 B | 276 B | 578 B | -17.6 B | -16.2 B | -6.5 B | -6.99 B | -12.7 B |
EBITDA per Share |
- | - | - | - | - | - | - | - | 18.3 | - | - | - | - | 1.13 | - | - | - | - | - |
EV/EBITDA |
4.4 | 3.3 | 1.9 | - | - | -0.6 | -1.4 | -1.5 | -0.6 | 18.3 | - | - | - | 29.8 | -0.5 | -0.6 | -0.2 | -0.3 | - |
PEG |
- | - | - | - | - | - | - | - | -2.51 | 85.35 | - | - | - | -368.28 | - | - | - | - | - |
P/B |
- | - | - | - | - | - | - | - | 0.1 | 0.3 | - | - | - | 1.7 | - | - | - | - | - |
P/CF |
- | - | - | - | - | - | - | - | 0.4 | 4.1 | - | - | - | -1.3 | - | - | - | - | - |
ROE % |
12.81 | 31.65 | 52.63 | - | - | - | - | - | 5.56 | -13.14 | - | - | - | 8.54 | 10.73 | 17.89 | 28.34 | 19.86 | - |
ROA % |
4.19 | 11.51 | 19.64 | - | - | -0.47 | -0.43 | 0.11 | 1.74 | -3.87 | - | - | - | 8.54 | 6.31 | 8.40 | 14.11 | - | - |
ROCE % |
17.90 | 20.76 | 36.66 | - | - | -0.54 | -0.83 | 0.26 | 1.94 | -1.65 | - | - | - | 9.64 | 8.84 | 13.02 | 25.06 | 30.29 | - |
Current Ratio |
1.5 | 1.6 | 1.6 | - | - | 0.7 | 1.0 | 1.4 | 1.3 | 1.5 | - | - | - | 1.3 | - | - | - | - | - |
DSO |
- | - | - | - | - | - | - | - | - | 30.7 | - | - | - | 29.4 | - | - | - | - | - |
DIO |
- | - | - | - | - | 775.2 | 364.1 | 675.2 | - | 39.7 | - | - | - | 55.6 | - | - | - | - | - |
DPO |
- | - | - | - | - | - | - | - | - | 34.0 | - | - | - | - | - | - | - | - | - |
Operating Cycle |
- | - | - | - | - | 775.2 | 364.1 | 675.2 | - | 70.4 | - | - | - | 85.0 | - | - | - | - | - |
Cash Conversion Cycle |
- | - | - | - | - | 775.2 | 364.1 | 675.2 | - | 36.4 | - | - | - | 85.0 | - | - | - | - | - |
All numbers in USD currency
Quarterly Financial Ratios Petróleo Brasileiro S.A. - Petrobras
| 2025-Q2 | 2024-Q4 | 2024-Q2 | 2023-Q4 | 2023-Q2 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q4 | 2010-Q3 | 2010-Q2 | 2010-Q1 | 2009-Q4 | 2008-Q4 | 2007-Q4 | 2006-Q4 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPS |
0.37 | 0.58 | -0.03 | 1.91 | 0.45 | - | - | - | - | - | - | - | - | - | - | -0.03 | - | - | - | 0.37 | - | - | - | 0.22 | - | - | - | 0.01 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
ROE % |
50.44 | 51.57 | 50.01 | 49.52 | 23.98 | 16.40 | 16.40 | 16.40 | 16.40 | 16.40 | 16.40 | 20.00 | 8.75 | 8.75 | 8.75 | 8.86 | 9.83 | 9.83 | 9.83 | 20.56 | 14.45 | 14.45 | 14.45 | 22.26 | 18.65 | 18.65 | 18.65 | 27.47 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 27.36 | 31.94 | 39.10 | 59.63 | 70.67 | 17.89 | 28.34 | 19.86 | - |
ROA % |
17.74 | 18.38 | 18.53 | 18.46 | 8.91 | 6.06 | 6.06 | 6.06 | 6.06 | 6.06 | 6.06 | 7.28 | 2.94 | 2.94 | 2.94 | 2.98 | 3.21 | 3.21 | 3.21 | 9.52 | 7.56 | 7.56 | 7.56 | 12.14 | 10.92 | 10.92 | 10.92 | 15.00 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 14.97 | 17.10 | 19.20 | 28.73 | 2.14 | 8.40 | 14.11 | - | - |
ROCE % |
45.82 | 47.76 | 35.25 | 32.28 | 16.10 | 11.23 | 11.23 | 11.23 | 11.23 | 11.23 | 11.23 | 13.54 | 8.15 | 8.15 | 8.15 | 14.05 | 12.79 | 12.79 | 12.79 | 21.63 | 17.05 | 17.05 | 17.05 | 24.10 | 21.79 | 21.79 | 21.79 | 28.91 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 23.01 | 26.67 | 30.85 | 48.86 | 72.04 | 13.02 | 25.06 | 30.29 | - |
Current Ratio |
1.5 | 1.5 | 1.6 | 1.6 | 1.6 | - | - | - | - | 1.7 | - | 1.6 | - | 1.5 | - | 1.3 | - | 1.5 | - | 1.5 | - | 1.5 | - | 1.5 | - | 1.5 | - | - | - | 1.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Multiples are an important financial analysis tool for the company Petróleo Brasileiro S.A. - Petrobras, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.
Advantages of Using Financial Ratios- Simplified Data Analysis
Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition. - Comparability Between Companies
Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations. - Identification of Trends and Issues
Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks. - Decision Support
Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions. - Accelerated Assessment of Investment Attractiveness
Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.
Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.