Petrleo Brasileiro Sa Stock Beta
| PBR-A Stock | USD 13.52 0.07 0.52% |
Petrleo Brasileiro SA fundamentals help investors to digest information that contributes to Petróleo Brasileiro's financial success or failures. It also enables traders to predict the movement of Petróleo Stock. The fundamental analysis module provides a way to measure Petróleo Brasileiro's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Petróleo Brasileiro stock.
Petróleo | Beta |
Petrleo Brasileiro SA Company Beta Analysis
Petróleo Brasileiro's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Petróleo Brasileiro Beta | 0.91 |
Most of Petróleo Brasileiro's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Petrleo Brasileiro SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Petróleo Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Petróleo Brasileiro is extremely important. It helps to project a fair market value of Petróleo Stock properly, considering its historical fundamentals such as Beta. Since Petróleo Brasileiro's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Petróleo Brasileiro's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Petróleo Brasileiro's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Petrleo Brasileiro SA has a Beta of 0.914. This is 46.24% lower than that of the Oil, Gas & Consumable Fuels sector and 18.39% lower than that of the Energy industry. The beta for all United States stocks is notably lower than that of the firm.
Petróleo Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Petróleo Brasileiro's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Petróleo Brasileiro could also be used in its relative valuation, which is a method of valuing Petróleo Brasileiro by comparing valuation metrics of similar companies.Petrleo Brasileiro is currently under evaluation in beta category among its peers.
Petróleo Brasileiro Current Valuation Drivers
We derive many important indicators used in calculating different scores of Petróleo Brasileiro from analyzing Petróleo Brasileiro's financial statements. These drivers represent accounts that assess Petróleo Brasileiro's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Petróleo Brasileiro's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 97.8B | 40.1B | 44.6B | 41.0B | 94.5B | 54.5B | |
| Enterprise Value | 153.7B | 82.3B | 69.8B | 63.0B | 144.4B | 89.5B |
Petróleo Brasileiro returns are very sensitive to returns on the market. As the market goes up or down, Petróleo Brasileiro is expected to follow.
Petróleo Fundamentals
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.40 % | ||||
| Current Valuation | 137.07 B | ||||
| Shares Outstanding | 2.72 B | ||||
| Shares Owned By Institutions | 7.86 % | ||||
| Number Of Shares Shorted | 1.75 M | ||||
| Price To Earning | 18.99 X | ||||
| Price To Book | 1.21 X | ||||
| Price To Sales | 0.18 X | ||||
| Revenue | 102.5 B | ||||
| Gross Profit | 334.1 B | ||||
| EBITDA | 51.23 B | ||||
| Net Income | 25.69 B | ||||
| Cash And Equivalents | 16.05 B | ||||
| Cash Per Share | 2.46 X | ||||
| Total Debt | 62.6 B | ||||
| Debt To Equity | 142.90 % | ||||
| Current Ratio | 1.15 X | ||||
| Book Value Per Share | 30.54 X | ||||
| Cash Flow From Operations | 41.29 B | ||||
| Short Ratio | 0.28 X | ||||
| Earnings Per Share | 2.56 X | ||||
| Price To Earnings To Growth | 2.50 X | ||||
| Target Price | 16.38 | ||||
| Number Of Employees | 46.73 K | ||||
| Beta | 0.91 | ||||
| Market Capitalization | 88.73 B | ||||
| Total Asset | 217.07 B | ||||
| Retained Earnings | 32.77 B | ||||
| Working Capital | (6.87 B) | ||||
| Annual Yield | 0.14 % | ||||
| Five Year Return | 0.66 % | ||||
| Net Asset | 217.07 B | ||||
| Last Dividend Paid | 6.08 |
About Petróleo Brasileiro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Petrleo Brasileiro SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Petróleo Brasileiro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Petrleo Brasileiro SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Petróleo Brasileiro financial ratios help investors to determine whether Petróleo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Petróleo with respect to the benefits of owning Petróleo Brasileiro security.