Petróleo Brasileiro S.A. - Petrobras (PBR-A)
Energy · NYQ
Fundamentals
Valuation and ratings
Petróleo Brasileiro S.A. - Petrobras trades at USD16.85, which is 56% below the USD26.26 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 72 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 5.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
PBR-A dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD0.267 | 2 |
| 2025 | USD0.591 | 2 |
| 2024 | USD2.85 | 6 |
| 2023 | USD2.98 | 4 |
| 2022 | USD6.45 | 4 |
| 2021 | USD2.04 | 3 |
| 2019 | USD0.448 | 5 |
| 2018 | USD0.469 | 4 |
| 2014 | USD0.823 | 1 |
| 2013 | USD0.761 | 1 |
| 2012 | USD0.560 | 3 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
PBR-A earnings and analyst estimates
Recommendation mix, 10 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Petróleo Brasileiro S.A. - Petrobras
Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil, China, the United States, the Americas, Asia, Europe, Singapore, and internationally. It operates through three segments: Exploration and Production; Refining, Transportation & Marketing; and Gas & Low Carbon Energies. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. Its Refining, Transportation and Marketing segment engages in the refining, logistics, transport, acquisition, and export of crude oil; trading of oil products; and production of fertilizers, as well as holding interests in petrochemical companies. The Gas and Low Carbon Energies segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of liquefied natural gas; generation of electricity through thermoelectric power plants; renewable energy business; low carbon business; and natural gas processing business, as well as production of biodiesel and its co-products. It also engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. In addition, the company engages in research, development, production, transportation, distribution, and trading of energy. Petróleo Brasileiro S.A. - Petrobras was incorporated in 1953 and is headquartered in Rio De Janeiro, Brazil.
PBR-A passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Petróleo Brasileiro S.A. - Petrobras (PBR-A) undervalued?
Against our discounted cash flow estimate of USD26.26, PBR-A at USD16.85 is 56% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is PBR-A's P/E ratio?
PBR-A trades at 5.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Petróleo Brasileiro S.A. - Petrobras (PBR-A) pay a dividend?
Yes. Petróleo Brasileiro S.A. - Petrobras yields 10.60% at the current share price. It has paid USD0.267 per share over the trailing twelve months. It has paid a dividend in each of the last 5 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.