• Petroleo Brasileiro S.A.- Petrobras average price/book ratio for 2024 was 1.23, a 16.04% decline from 2023.
• Petroleo Brasileiro S.A.- Petrobras average price/book ratio for 2023 was 1.06, a 11.58% increase from 2022.
• Petroleo Brasileiro S.A.- Petrobras average price/book ratio for 2022 was 0.95, a 0% increase from 2021.

Price/book ratio can be defined as