P/E ratio for Petrobras (PBR)
P/E ratio as of April 2024 (TTM): 0.8189
According to Petrobras's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.818929. 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 |
|---|---|---|
| 2022 | 0.3681 | -59.4% |
| 2021 | 0.9069 | -152.32% |
| 2020 | -1.73 | -167.15% |
| 2019 | 2.58 | -22.79% |
| 2018 | 3.34 | -81.71% |
| 2017 | 18.3 | -409.95% |
| 2016 | -5.90 | 56.41% |
| 2015 | -3.77 | -61.18% |
| 2014 | -9.71 | -342.38% |
| 2013 | 4.01 | -31.78% |
| 2012 | 5.87 | 18.52% |
| 2011 | 4.96 | -16.9% |
| 2010 | 5.96 | -26.83% |
| 2009 | 8.15 | 94.91% |
| 2008 | 4.18 | -43.78% |
| 2007 | 7.44 | 37.64% |
| 2006 | 5.40 | 120.57% |
| 2005 | 2.45 | 57.6% |
| 2004 | 1.55 | 73.2% |
| 2003 | 0.8976 | -26.86% |
| 2002 | 1.23 | -25.55% |
| 2001 | 1.65 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PetroChina 601857.SS | 11.8 | 1,335.33% | 🇨🇳 China |
 BP BP | 4.56 | 456.70% | 🇬🇧 UK |
 Marathon Oil
MRO | 10.1 | 1,135.33% | 🇺🇸 USA |
 Exxon Mobil XOM | 12.0 | 1,367.88% | 🇺🇸 USA |
 Chevron CVX | 12.1 | 1,377.34% | 🇺🇸 USA |
 Hess HES | 30.6 | 3,641.29% | 🇺🇸 USA |
 YPF
(Yacimientos Petrolíferos Fiscales)
YPF | 4.85 | 491.64% | 🇦🇷 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.