Petrobras
PBR
#130
Rank
$111.45 B
Marketcap
$16.55
Share price
-1.02%
Change (1 day)
49.23%
Change (1 year)

P/E ratio for Petrobras (PBR)

P/E ratio as of February 2024 (TTM): 0.8145

According to Petrobras's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.814545. At the end of 2022 the company had a P/E ratio of 0.3681.

P/E ratio history for Petrobras from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20220.3681-59.4%
20210.9069-152.32%
2020-1.73-167.15%
20192.58-22.79%
20183.34-81.71%
201718.3-409.95%
2016-5.9056.41%
2015-3.77-61.18%
2014-9.71-342.38%
20134.01-31.78%
20125.8718.52%
20114.96-16.9%
20105.96-26.83%
20098.1594.91%
20084.18-43.78%
20077.4437.64%
20065.40120.57%
20052.4557.6%
20041.5573.2%
20030.8976-26.86%
20021.23-25.55%
20011.65

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.0 1,132.61%๐Ÿ‡จ๐Ÿ‡ณ China
4.05 397.38%๐Ÿ‡ฌ๐Ÿ‡ง UK
8.86 988.14%๐Ÿ‡บ๐Ÿ‡ธ USA
10.4 1,171.81%๐Ÿ‡บ๐Ÿ‡ธ USA
11.3 1,283.32%๐Ÿ‡บ๐Ÿ‡ธ USA
28.0 3,336.88%๐Ÿ‡บ๐Ÿ‡ธ USA
4.10 403.65%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.