PBR-A Stock | | | USD 12.53 0.16 1.29% |
Petrleo Brasileiro financial indicator trend analysis is much more than just breaking down Petrleo Brasileiro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Petrleo Brasileiro is a good investment. Please check the relationship between Petrleo Brasileiro Ev To Sales and its Pb Ratio accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petrleo Brasileiro SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Ev To Sales vs Pb Ratio
Ev To Sales vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Petrleo Brasileiro Ev To Sales account and
Pb Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Petrleo Brasileiro's Ev To Sales and Pb Ratio is 0.53. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Petrleo Brasileiro SA, assuming nothing else is changed. The correlation between historical values of Petrleo Brasileiro's Ev To Sales and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Petrleo Brasileiro SA are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Ev To Sales i.e., Petrleo Brasileiro's Ev To Sales and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Pb Ratio
Most indicators from Petrleo Brasileiro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Petrleo Brasileiro current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petrleo Brasileiro SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At present, Petrleo Brasileiro's
Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's
Enterprise Value Over EBITDA is expected to grow to 4.65, whereas
Selling General Administrative is forecasted to decline to about 1.6
B.
Petrleo Brasileiro fundamental ratios Correlations
Click cells to compare fundamentals
Petrleo Brasileiro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Petrleo Brasileiro fundamental ratios Accounts
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Other Information on Investing in Petrleo Stock
Balance Sheet is a snapshot of the
financial position of Petrleo Brasileiro at a specified time, usually calculated after every quarter, six months, or one year. Petrleo Brasileiro Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Petrleo Brasileiro and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Petrleo currently owns. An asset can also be divided into two categories, current and non-current.