7.51
Last update: 26 July 2024
The estimated P/E Ratio for Brazil Stock Market is 7.51, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [6.59 , 10.90]. 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.
26 July 2024 · P/E Ratio: 7.51
26 July 2024 · P/E Ratio: 7.51 ·
1Y Average: 7.28 ·
1 Std Dev range: [6.72 , 7.84] ·
2 Std Dev range: [6.16 , 8.39]
26 July 2024 · P/E Ratio: 7.51 ·
5Y Average: 8.75 ·
1 Std Dev range: [6.59 , 10.90] ·
2 Std Dev range: [4.44 , 13.06]
26 July 2024 · P/E Ratio: 7.51 ·
10Y Average: 10.24 ·
1 Std Dev range: [8.41 , 12.06] ·
2 Std Dev range: [6.58 , 13.89]
26 July 2024 · P/E Ratio: 7.51 ·
20Y Average: 9.70 ·
1 Std Dev range: [8.04 , 11.37] ·
2 Std Dev range: [6.38 , 13.03]
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".
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".
26 July 2024 · P/E Ratio: 7.51 · 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 ( 7.51 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 7.28 | 0.56 | [6.16 · 6.72 , 7.84 · 8.39] |
|
+0.41 σ |
Fair
|
| Last 2Y | 6.60 | 0.76 | [5.08 · 5.84 , 7.37 · 8.13] |
|
+1.18 σ |
Overvalued
|
| Last 3Y | 6.88 | 0.72 | [5.45 · 6.16 , 7.60 · 8.32] |
|
+0.87 σ |
Fair
|
| Last 4Y | 7.60 | 1.28 | [5.04 · 6.32 , 8.88 · 10.16] |
|
-0.07 σ |
Fair
|
| Last 5Y | 8.75 | 2.16 | [4.44 · 6.59 , 10.90 · 13.06] |
|
-0.58 σ |
Fair
|
| Last 6Y | 9.15 | 2.09 | [4.97 · 7.06 , 11.24 · 13.34] |
|
-0.79 σ |
Fair
|
| Last 7Y | 9.64 | 2.16 | [5.32 · 7.48 , 11.80 · 13.95] |
|
-0.99 σ |
Fair
|
| Last 8Y | 9.93 | 2.09 | [5.74 · 7.84 , 12.02 · 14.11] |
|
-1.16 σ |
Undervalued
|
| Last 9Y | 10.03 | 1.95 | [6.13 · 8.08 , 11.98 · 13.94] |
|
-1.30 σ |
Undervalued
|
| Last 10Y | 10.24 | 1.83 | [6.58 · 8.41 , 12.06 · 13.89] |
|
-1.50 σ |
Undervalued
|
| Last 11Y | 10.18 | 1.69 | [6.80 · 8.49 , 11.87 · 13.56] |
|
-1.58 σ |
Undervalued
|
| Last 12Y | 10.18 | 1.57 | [7.04 · 8.61 , 11.76 · 13.33] |
|
-1.70 σ |
Undervalued
|
| Last 13Y | 10.03 | 1.53 | [6.97 · 8.50 , 11.57 · 13.10] |
|
-1.65 σ |
Undervalued
|
| Last 14Y | 10.04 | 1.44 | [7.17 · 8.60 , 11.48 · 12.92] |
|
-1.76 σ |
Undervalued
|
| Last 15Y | 10.21 | 1.44 | [7.33 · 8.77 , 11.65 · 13.09] |
|
-1.88 σ |
Undervalued
|
| Last 16Y | 10.08 | 1.49 | [7.09 · 8.58 , 11.57 · 13.06] |
|
-1.72 σ |
Undervalued
|
| Last 17Y | 10.16 | 1.46 | [7.24 · 8.70 , 11.63 · 13.09] |
|
-1.82 σ |
Undervalued
|
| Last 18Y | 10.04 | 1.47 | [7.11 · 8.57 , 11.50 · 12.97] |
|
-1.73 σ |
Undervalued
|
| Last 19Y | 9.87 | 1.55 | [6.77 · 8.32 , 11.42 · 12.97] |
|
-1.52 σ |
Undervalued
|
| Last 20Y | 9.70 | 1.66 | [6.38 · 8.04 , 11.37 · 13.03] |
|
-1.32 σ |
Undervalued
|
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 | 7.51 |
|
+0.41 σ | -0.58 σ | -1.50 σ | -1.32 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
| Emerging Markets | 13.91 |
|
+1.88 σ | +0.33 σ | +0.85 σ | +1.14 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 | -12.36% | 26 Jul | |
| Short Term | Price vs SMA50 | -3.58% | 26 Jul |
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.