Petro Financial Statements From 2010 to 2025
| PRIO3 Stock | BRL 36.66 0.07 0.19% |
Check Petro Rio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Petro Rio's main balance sheet or income statement drivers, such as , as well as many indicators such as . Petro financial statements analysis is a perfect complement when working with Petro Rio Valuation or Volatility modules.
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Petro Rio SA Company Return On Equity Analysis
Petro Rio'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 Petro Rio Return On Equity | 0.45 |
Most of Petro Rio'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, Petro Rio 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, Petro Rio SA has a Return On Equity of 0.4531. This is 122.88% lower than that of the Oil, Gas & Consumable Fuels sector and 74.54% lower than that of the Energy industry. The return on equity for all Brazil stocks is notably lower than that of the firm.
Petro Rio SA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Petro Rio's current stock value. Our valuation model uses many indicators to compare Petro Rio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Petro Rio competition to find correlations between indicators driving Petro Rio's intrinsic value. More Info.Petro Rio 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 0.37 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Petro Rio SA is roughly 2.70 . 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 Petro Rio's earnings, one of the primary drivers of an investment's value.About Petro Rio Financial Statements
Petro Rio 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 Petro Rio investors may analyze each financial statement separately, they are all interrelated. The changes in Petro Rio's assets and liabilities, for example, are also reflected in the revenues and expenses on on Petro Rio's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Petro Rio S.A., together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. Petro Rio S.A. was incorporated in 2009 and is headquartered in Rio de Janeiro, Brazil. PETRORIO operates under Oil Gas EP classification in Brazil and is traded on Sao Paolo Stock Exchange.
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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 Petro Stock Analysis
When running Petro Rio's price analysis, check to measure Petro Rio'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 Petro Rio is operating at the current time. Most of Petro Rio's value examination focuses on studying past and present price action to predict the probability of Petro Rio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petro Rio's price. Additionally, you may evaluate how the addition of Petro Rio to your portfolios can decrease your overall portfolio volatility.