Petroleo Brasileiro (PBR)
(Real Time Quote from BATS)
$14.66 USD
+0.08 (0.55%)
Updated Sep 19, 2024 11:57 AM ET
3-Hold of 5 3
B Value D Growth F Momentum C VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
PBR 14.66 +0.08(0.55%)
Will PBR be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for PBR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PBR
Petrobras Shifts Focus to Oil and Gas, Reveals New Strategic Plan
Petrobras' CFO Commits "Realistic" Budgeting in New Business Plan
PBR: What are Zacks experts saying now?
Zacks Private Portfolio Services
Petrobras' Drilling Plans Offshore Colombia Suffer Legal Setbacks
Petrobras (PBR) Outperforms Broader Market: What You Need to Know
NVIDIA GPUs Powering Upstream Business: SHEL, SLB, PBR Stocks to Gain
Other News for PBR
Petrobras price target raised by 60c at BofA, here's why
Petrobras Refutes Rumors of Fuel Price Cuts
PETROBRAS ANNOUNCES CLOSING OF OFFERING OF U.S. DOLLAR-DENOMINATED GLOBAL NOTES AND FINAL RESULTS AND SETTLEMENT OF CASH TENDER OFFERS
Petrobras Completes $1 Billion Notes Offering
Petrobras CFO pledges 'realistic' spending levels in next business plan