Petrobras Brasileiro (NYSE:PBR) has outperformed the market over the past 10 years by 1.02% on an annualized basis producing an average annual return of 14.96%. Currently, Petrobras Brasileiro has a market capitalization of $78.20 billion.
Buying $100 In PBR: If an investor had bought $100 of PBR stock 10 years ago, it would be worth $403.16 today based on a price of $12.13 for PBR at the time of writing.
Petrobras Brasileiro’s Performance Over Last 10 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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