Brazil Stock Market: current P/E Ratio

8.53
Last update: 05 December 2024

The estimated P/E Ratio for Brazil Stock Market is 8.53, calculated on 05 December 2024.

Considering the last 5 years, an average P/E interval is [6.51 , 10.20]. For this reason, the current P/E can be considered Fair

P/E Ratio is calculated on the EWZ Etf, whose benchmark is the Brazil Stock Market.

Historical P/E Ratio

When evaluating the P/E Ratio, it's important to not only look at its absolute value but also compare it to the average of previous periods. This allows for a more comprehensive understanding of the index/market valuation.

The following chart shows how the Brazil Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.

05 December 2024 · P/E Ratio: 8.53
05 December 2024 · P/E Ratio: 8.53 · 1Y Average: 7.83 · 1 Std Dev range: [7.51 , 8.15] · 2 Std Dev range: [7.20 , 8.47]
05 December 2024 · P/E Ratio: 8.53 · 5Y Average: 8.35 · 1 Std Dev range: [6.51 , 10.20] · 2 Std Dev range: [4.66 , 12.04]
05 December 2024 · P/E Ratio: 8.53 · 10Y Average: 10.10 · 1 Std Dev range: [8.23 , 11.98] · 2 Std Dev range: [6.35 , 13.85]
05 December 2024 · P/E Ratio: 8.53 · 20Y Average: 9.75 · 1 Std Dev range: [8.15 , 11.35] · 2 Std Dev range: [6.55 , 12.95]
Methodology
The Average P/E (μ) and the Standard Deviation (σ) are calculated excluding 20% outliers (i.e. over a range of values excluding 10% of observations from the top and 10% from the bottom of the dataset).
A P/E between (μ - σ) and (μ + σ) is considered "Fair", over a specific timeframe.
A P/E greater than (μ + σ) is defined "Overvalued", greater than (μ + 2σ) is defined "Expensive".
A P/E less than (μ - σ) is defined "Undervalued", less than (μ - 2σ) is defined "Cheap".
05 December 2024 · P/E Ratio: 8.53 · Last Periods metrics
Show all periods
Swipe left to see all data
Range
Analysis
Period Average P/E
(μ)
Std Dev
(σ)
Std Dev Range
[ μ-2σ · μ-σ , μ+σ · μ+2σ ]
vs Current P/E
( 8.53 )
Deviation
vs μ
Valuation
Last 1Y 7.83 0.32 [7.20 · 7.51 , 8.15 · 8.47]
+2.21 σ
Expensive
Last 2Y 7.04 0.92 [5.21 · 6.13 , 7.96 · 8.88]
+1.63 σ
Overvalued
Last 3Y 6.93 0.76 [5.40 · 6.17 , 7.69 · 8.46]
+2.10 σ
Expensive
Last 4Y 7.35 0.89 [5.57 · 6.46 , 8.24 · 9.13]
+1.33 σ
Overvalued
Last 5Y 8.35 1.84 [4.66 · 6.51 , 10.20 · 12.04]
+0.10 σ
Fair
Last 6Y 8.97 2.07 [4.82 · 6.90 , 11.04 · 13.11]
-0.21 σ
Fair
Last 7Y 9.36 2.07 [5.21 · 7.29 , 11.43 · 13.51]
-0.40 σ
Fair
Last 8Y 9.66 2.03 [5.60 · 7.63 , 11.69 · 13.72]
-0.55 σ
Fair
Last 9Y 9.90 1.99 [5.92 · 7.91 , 11.88 · 13.87]
-0.69 σ
Fair
Last 10Y 10.10 1.88 [6.35 · 8.23 , 11.98 · 13.85]
-0.84 σ
Fair
Last 11Y 10.10 1.74 [6.62 · 8.36 , 11.84 · 13.58]
-0.90 σ
Fair
Last 12Y 10.12 1.62 [6.87 · 8.50 , 11.74 · 13.36]
-0.98 σ
Fair
Last 13Y 10.04 1.52 [6.99 · 8.52 , 11.56 · 13.09]
-0.99 σ
Fair
Last 14Y 9.97 1.48 [7.02 · 8.50 , 11.45 · 12.93]
-0.97 σ
Fair
Last 15Y 10.08 1.44 [7.20 · 8.64 , 11.52 · 12.96]
-1.08 σ
Undervalued
Last 16Y 10.09 1.46 [7.16 · 8.63 , 11.56 · 13.02]
-1.06 σ
Undervalued
Last 17Y 10.08 1.49 [7.11 · 8.60 , 11.57 · 13.06]
-1.04 σ
Undervalued
Last 18Y 10.05 1.44 [7.17 · 8.61 , 11.49 · 12.94]
-1.05 σ
Undervalued
Last 19Y 9.90 1.49 [6.92 · 8.41 , 11.40 · 12.89]
-0.92 σ
Fair
Last 20Y 9.75 1.60 [6.55 · 8.15 , 11.35 · 12.95]
-0.76 σ
Fair

P/E Comparison

How is the Brazil Stock Market P/E Ratio, compared to other global ratios?

Swipe left to see all data
Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Brazil 8.53
+2.21 σ +0.10 σ -0.84 σ -0.76 σ
All World 21.29
+1.49 σ +2.46 σ +3.55 σ +4.36 σ
Emerging Markets 14.36
+0.94 σ +0.47 σ +1.14 σ +1.44 σ

Brazil Stock Market Trend

Trend is evaluated considering the price of the EWZ Etf and its 200/50-day moving averages (SMA).

Swipe left to see all data
Trend Indicator Valuation Margin
Long Term Price vs SMA200 -12.72% 05 Dec
Short Term Price vs SMA50 -7.32% 05 Dec
The 200-day moving average is a long-term indicator that takes into account the average price of a stock over the past 200 trading days. It is considered a significant level of support or resistance, meaning that when the stock price is above the 200-day moving average (i.e. margin vs moving average is positive), it is generally viewed as bullish, while when it is below, it is viewed as bearish.

The 50-day moving average, on the other hand, is a shorter-term indicator that measures the average price of a stock over the past 50 trading days. It is also viewed as a significant level of support or resistance and can be used to identify shorter-term trends.