Petrobras
PBR
#213
Rank
$66.36 B
Marketcap
$10.18
Share price
1.95%
Change (1 day)
-28.24%
Change (1 year)

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
201910.2
2016-14.0
201211.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.96 341.10%๐Ÿ‡จ๐Ÿ‡ณ China
-71.7-4,070.44%๐Ÿ‡ฌ๐Ÿ‡ง UK
4.37 142.21%๐Ÿ‡บ๐Ÿ‡ธ USA
9.13 405.60%๐Ÿ‡บ๐Ÿ‡ธ USA
8.66 380.06%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8 887.48%๐Ÿ‡บ๐Ÿ‡ธ USA
2.06 14.09%๐Ÿ‡ฆ๐Ÿ‡ท 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.