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Does Petrobras (PBR) have what it takes to be a top stock pick for momentum investors? Let's find out.
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In the latest trading session, Petrobras (PBR) closed at $13.63, marking a -1.8% move from the previous day.
For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
Petrobras (PBR) closed the most recent trading day at $14.39, moving +0.35% from the previous trading session.
The price-to-book ratio, or P/B ratio, (also PBR) is a financial ratio used to compare a company's current market value to its book value (where book value is the value of all assets minus liabilities owned by a company). The calculation can be performed in two ways, but the result should be the same.
The stock of Petroleo Brasileiro SA Petrobras (NYSE:PBR, 30-year Financials) appears to be modestly undervalued, according to GuruFocus Value calculation.