Petrleo Financial Statements From 2010 to 2024
| PETR3 Stock | BRL 42.62 0.87 2.08% |
Check Petrleo Brasileiro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Petrleo Brasileiro's main balance sheet or income statement drivers, such as , as well as many indicators such as . Petrleo financial statements analysis is a perfect complement when working with Petrleo Brasileiro Valuation or Volatility modules.
Petrleo |
Petrleo Brasileiro SA Company Return On Equity Analysis
Petrleo Brasileiro's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Petrleo Brasileiro Return On Equity | 0.47 |
Most of Petrleo Brasileiro's fundamental indicators, such as Return On Equity, 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.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Petrleo Brasileiro SA has a Return On Equity of 0.4727. This is 123.87% lower than that of the Energy sector and 88.09% lower than that of the Oil & Gas Integrated industry. The return on equity for all Brazil stocks is notably lower than that of the firm.
Petrleo Brasileiro Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Petrleo Brasileiro's current stock value. Our valuation model uses many indicators to compare Petrleo Brasileiro value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Petrleo Brasileiro competition to find correlations between indicators driving Petrleo Brasileiro's intrinsic value. More Info.Petrleo Brasileiro SA is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Petrleo Brasileiro SA is roughly 2.55 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Petrleo Brasileiro's earnings, one of the primary drivers of an investment's value.About Petrleo Brasileiro Financial Statements
Petrleo Brasileiro shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Petrleo Brasileiro investors may analyze each financial statement separately, they are all interrelated. The changes in Petrleo Brasileiro's assets and liabilities, for example, are also reflected in the revenues and expenses on on Petrleo Brasileiro's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Petrleo Brasileiro S.A. - Petrobras produce and sells oil and gas in Brazil and internationally. Petrleo Brasileiro S.A. - Petrobras was founded in 1953 and is headquartered in Rio de Janeiro, Brazil. PETROBRAS operates under Oil Gas Integrated classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 49050 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Petrleo Stock Analysis
When running Petrleo Brasileiro's price analysis, check to measure Petrleo Brasileiro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Petrleo Brasileiro is operating at the current time. Most of Petrleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petrleo Brasileiro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petrleo Brasileiro's price. Additionally, you may evaluate how the addition of Petrleo Brasileiro to your portfolios can decrease your overall portfolio volatility.