P/E ratio for Petrobras (PBR)
P/E ratio as of March 2023 (TTM): 1.80
According to Petrobras's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.80491. At the end of 2019 the company had a P/E ratio of 10.2.
P/E ratio history for Petrobras from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2019 | 10.2 | |
| 2016 | -14.0 | |
| 2012 | 11.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PetroChina 601857.SS | 7.96 | 341.10% | 🇨🇳 China |
 BP BP | -71.7 | -4,070.44% | 🇬🇧 UK |
 Marathon Oil
MRO | 4.37 | 142.21% | 🇺🇸 USA |
 Exxon Mobil XOM | 9.13 | 405.60% | 🇺🇸 USA |
 Chevron CVX | 8.66 | 380.06% | 🇺🇸 USA |
 Hess HES | 17.8 | 887.48% | 🇺🇸 USA |
 YPF
(Yacimientos Petrolíferos Fiscales)
YPF | 2.06 | 14.09% | 🇦🇷 Argentina |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.