Pricing Log in Create free account
Friday 6 November 2026 Export UGP’s income statement to Excel — free account

Ultrapar Participacoes S.A.

UGP Energy Oil & Gas Refining & Marketing

Ultrapar Participacoes S.A.’s revenue for fiscal 2025 (year ended December 2025) was $25.5 billion, up 3.02% from fiscal 2024.

Revenue
+36.7%
EPS
+61.1%
Free cash flow
+873.6%
Total debt
+16.3%

Quarter to June 2026, against a year earlier

5.56 0.00 0.00%
Market cap
$6.0B
P/E
8.8×
Fwd P/E
—
Dividend yield
6.75%
F-score
5/9
Altman Z
4.05
Beneish M
−2.74
Dividend safety
39/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Ultrapar Participacoes S.A. (UGP) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Ultrapar Participacoes S.A. (UGP) trades at a P/B ratio of 1.5×. Over the past ten years it has ranged from 0.2× (September 2021) to 6.4× (January 2019); the current reading is higher than 27% of that period. That is below the Oil & Gas Refining & Marketing industry median of 1.7× and above the Energy sector median of 1.4×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 1.3× 28.78%
FY2024 1.0× (53.06%)
FY2023 2.1× 108.54%
FY2022 1.0× (31.98%)
FY2021 1.5× (42.06%)
FY2020 2.6× (6.15%)
FY2019 2.7× (50.15%)
FY2018 5.5× 30.46%
FY2017 4.2× (9.95%)
FY2016 4.7× 36.89%

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.4× (19.10%)
Mar 2026 1.7× 31.68%
Dec 2025 1.3× (2.12%)
Sep 2025 1.3× 17.94%
42 more quarters

Against its own ten years

Low 0.2× High 6.4×
Ten-year median 2.1×
Current reading's percentile 29

P/B ratio against peers

Company P/B ratio
DKL Delek Logistics Partners, L.P. compare n/m
PBF PBF Energy Inc. compare 1.0×
SUN Sunoco LP compare 1.2×
DINO HF Sinclair Corporation compare 1.5×
UGP Ultrapar Participacoes S.A. 1.5×
PARR Par Pacific Holdings, Inc. compare 1.7×
IEP Icahn Enterprises L.P. compare 2.4×
CVI CVR Energy Inc. compare 3.2×
DK Delek US Holdings, Inc. compare 9.1×
Oil & Gas Refining & Marketing industry median 1.7×
Energy sector median 1.4×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on UGP