Petróleo Brasileiro S.A. - Petrobras
NYSE: PBR-A · ENERGY · OIL & GAS INTEGRATED
Updated 2026-09-11
Petróleo Brasileiro S.A. - Petrobras (PBR-A) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for PBR-A.
Valued
Fundamentals support the current valuation. Strong combination of growth, quality, and price.
PBR-A historical valuation range
Where current P/E sits in PBR-A's own 5Y range.
PBR-A intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Standard discounted cash flow models produce unreliable output for unprofitable or near-breakeven companies. Revenue-based multiples such as P/S and EV/Sales, combined with the historical valuation position above, give a more reliable read for this stock.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
PBR-A valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
Current: 4.61x
P/S Ratio — History
Current: 0.23x
Is PBR-A overvalued in 2026?
Petróleo Brasileiro S.A. - Petrobras (PBR-A) currently trades at $19.11 per share with a market capitalization of $124,948,881,000.00. Based on our multi-factor framework, the stock looks attractively valued with a Smart Value Score of 83/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
The stock trades at a P/E ratio of 4.6x, below its 5-year median of 4.6x. The PEG ratio of 5.32 indicates the price has run ahead of the underlying growth rate.
Looking at its own history, PBR-A is currently trading cheaper than 51% of the last 5Y on P/E. This places it in the 49th percentile of its historical range, a reasonable but unremarkable position.
A standard DCF model does not produce reliable output for PBR-A under current conditions. For unprofitable or near-breakeven companies, revenue-based multiples such as EV/Sales and historical P/S percentile are more informative than intrinsic value calculations.
The Piotroski F-Score of 4/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.
Bottom line: PBR-A looks attractively valued on our framework, with a Smart Value Score of 83/100. The combination of reasonable price, healthy growth, and quality fundamentals makes it worth serious consideration.
Frequently asked questions
Is PBR-A overvalued?
PBR-A scores 83/100 on our Smart Value Score (Grade A), a strong overall profile. A standard DCF is unreliable here given the profitability profile, so valuation leans on revenue-based measures like EV/Sales and the P/S percentile below.
What is PBR-A's fair value?
A standard DCF is unreliable for PBR-A given its current profitability profile. Revenue-based approaches like EV/Sales or the historical P/S percentile are more informative for this stock.
What P/E ratio does PBR-A trade at?
PBR-A trades at a P/E of 4.6x on trailing twelve-month earnings, against a 5-year median of 4.6x. P/E is what you pay per dollar of profit, and sitting below its own median means the stock is cheaper than usual relative to its earnings.
Is PBR-A a buy based on valuation?
Our Smart Value rating for PBR-A is Strong Buy, from a Smart Value Score of 83/100 that blends growth, quality, and valuation. The rating leans on growth and financial strength, and valuation is usually the weakest leg for a name scoring this high. This is research to inform your decision, not personalized financial advice.
How does PBR-A's valuation compare to its history?
On P/E, PBR-A sits in the 49th percentile of its own 5Y range, below its long-run median relative to where it has traded. A low percentile means today's multiple is near the bottom of its historical band.
What is PBR-A's Smart Value Score?
PBR-A's Smart Value Score is 83/100. It is a proprietary WallStSmart metric blending growth quality, financial health, and valuation into a single 0-100 read, and scores above 75 are rare, signaling strong multi-factor alignment.