Petroleo Brasileiro S.A.- Petrobras Return On Tangible Equity 2010-2024 | PBR.A
- Petroleo Brasileiro S.A.- Petrobras average return on tangible equity for 2023 was 40.32, a 3.4% decline from 2022.
- Petroleo Brasileiro S.A.- Petrobras average return on tangible equity for 2022 was 41.74, a 19976.19% decline from 2021.
- Petroleo Brasileiro S.A.- Petrobras average return on tangible equity for 2021 was -0.21, a 96.82% decline from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.