Petroleo Brasileiro S.A. Petrobras ADS drawdown: 72.3% below the all-time high
Petroleo Brasileiro S.A. Petrobras ADS is 72.3% below its all-time high, set May 21, 2008 (as of market close, Sep 18, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −72.3%
- 27.7% of ATH
- All-time high
- $75.19
- May 21, 2008
- Time below the high
- 18.3 yrs
- since May 21, 2008
- Worst-ever drawdown
- −96.1%
- Feb 11, 2016
- Longest underwater
- 18.3 yrs
- between all-time highs
- Today's level first reached
- Jan 12, 2006
- 20.7 yrs ago
- Last time this deep
- never before
- no prior −72.3% episode
% of all-time high since 2000#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| May 21, 2008 | Feb 11, 2016 | −96.1% | 7.7 yrs | not yet | 18.3 yrs+ |
| Sep 7, 2000 | Oct 16, 2002 | −71.4% | 2.1 yrs | Jan 6, 2004 | 3.3 yrs |
| May 9, 2006 | Jun 13, 2006 | −34.4% | 35 days | Apr 16, 2007 | 11 mo |
| Apr 12, 2004 | May 21, 2004 | −30.7% | 39 days | Sep 24, 2004 | 5 mo |
| Jul 23, 2007 | Aug 16, 2007 | −25.2% | 24 days | Sep 21, 2007 | 2 mo |
| Feb 27, 2008 | Mar 20, 2008 | −23.3% | 22 days | Apr 17, 2008 | 50 days |
| Jan 2, 2008 | Jan 17, 2008 | −22.1% | 15 days | Feb 20, 2008 | 49 days |
| Sep 28, 2005 | Oct 20, 2005 | −19.7% | 22 days | Dec 6, 2005 | 2 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2000: how far Petroleo Brasileiro S.A. Petrobras ADS stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Petroleo Brasileiro S.A. Petrobras ADS from its all-time high?
- Petroleo Brasileiro S.A. Petrobras ADS is currently 72.3% below its all-time high, set May 21, 2008 (as of market close, Sep 18, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Petroleo Brasileiro S.A. Petrobras ADS drawdown ever?
- The deepest decline on record in our data (since 2000) took Petroleo Brasileiro S.A. Petrobras ADS 96.1% below its prior high, bottoming Feb 11, 2016. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from PBR; no free deep history exists for Petroleo Brasileiro S.A. Petrobras ADS — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.