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Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Cyclically Adjusted PS Ratio : (As of Jun. 06, 2024)


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What is Petroleo Brasileiro Petrobras Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Petroleo Brasileiro Petrobras Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Petroleo Brasileiro Petrobras Cyclically Adjusted PS Ratio Chart

Petroleo Brasileiro Petrobras Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.97 0.94 0.79 1.06

Petroleo Brasileiro Petrobras Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.91 1.04 1.06 1.03

Competitive Comparison of Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Petroleo Brasileiro Petrobras's Cyclically Adjusted PS Ratio falls into.



Petroleo Brasileiro Petrobras Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Petroleo Brasileiro Petrobras's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Petroleo Brasileiro Petrobras's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.822/159.3724*159.3724
=1.822

Current CPI (Mar. 2024) = 159.3724.

Petroleo Brasileiro Petrobras Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.986 91.838 5.182
201409 3.071 92.602 5.285
201412 2.562 94.194 4.335
201503 1.952 97.799 3.181
201506 1.995 100.006 3.179
201509 1.964 101.392 3.087
201512 1.698 104.247 2.596
201603 1.379 106.979 2.054
201606 1.558 108.851 2.281
201609 1.653 109.986 2.395
201612 1.641 110.802 2.360
201703 1.666 111.869 2.373
201706 1.596 112.115 2.269
201709 1.740 112.777 2.459
201712 0.968 114.068 1.352
201803 1.760 114.868 2.442
201806 1.591 117.038 2.166
201809 1.728 117.881 2.336
201812 1.666 118.340 2.244
201903 1.441 120.124 1.912
201906 1.418 120.977 1.868
201909 1.488 121.292 1.955
201912 1.523 123.436 1.966
202003 1.314 124.092 1.688
202006 0.727 123.557 0.938
202009 1.008 125.095 1.284
202012 1.066 129.012 1.317
202103 1.203 131.660 1.456
202106 1.608 133.871 1.914
202109 1.783 137.913 2.060
202112 1.842 141.992 2.067
202203 2.084 146.537 2.267
202206 2.660 149.784 2.830
202209 2.485 147.800 2.680
202212 2.313 150.207 2.454
202303 2.052 153.352 2.133
202306 1.762 154.519 1.817
202309 1.959 155.464 2.008
202312 2.078 157.148 2.107
202403 1.822 159.372 1.822

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Petroleo Brasileiro Petrobras  (OTCPK:PBRQF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Petroleo Brasileiro Petrobras Cyclically Adjusted PS Ratio Related Terms

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Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Business Description

Address
Avenida Republica do Chile, 65, Rio de Janeiro, RJ, BRA, 20031-912
Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2022 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.5 billion boe (85% oil). At year-end 2022, Petrobras operated 11 refineries in Brazil with capacity of 1.9 million barrels a day and distributes refined products and natural gas throughout Brazil.

Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Headlines