8.44
Last update: 03 October 2024
The estimated P/E Ratio for Brazil Stock Market is 8.44, calculated on 03 October 2024.
Considering the last 5 years, an average P/E interval is [6.51 , 10.48]. 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.
03 October 2024 · P/E Ratio: 8.44
03 October 2024 · P/E Ratio: 8.44 ·
1Y Average: 7.69 ·
1 Std Dev range: [7.39 , 8.00] ·
2 Std Dev range: [7.08 , 8.31]
03 October 2024 · P/E Ratio: 8.44 ·
5Y Average: 8.49 ·
1 Std Dev range: [6.51 , 10.48] ·
2 Std Dev range: [4.52 , 12.46]
03 October 2024 · P/E Ratio: 8.44 ·
10Y Average: 10.14 ·
1 Std Dev range: [8.28 , 12.00] ·
2 Std Dev range: [6.41 , 13.87]
03 October 2024 · P/E Ratio: 8.44 ·
20Y Average: 9.73 ·
1 Std Dev range: [8.10 , 11.35] ·
2 Std Dev range: [6.47 , 12.98]
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".
03 October 2024 · P/E Ratio: 8.44 · Last Periods metrics
Show all periods
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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 ( 8.44 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 7.69 | 0.31 | [7.08 · 7.39 , 8.00 · 8.31] |
|
+2.44 σ |
Expensive
|
| Last 2Y | 6.88 | 0.82 | [5.25 · 6.06 , 7.70 · 8.52] |
|
+1.90 σ |
Overvalued
|
| Last 3Y | 6.88 | 0.71 | [5.46 · 6.17 , 7.59 · 8.30] |
|
+2.20 σ |
Expensive
|
| Last 4Y | 7.41 | 0.99 | [5.43 · 6.42 , 8.40 · 9.39] |
|
+1.04 σ |
Overvalued
|
| Last 5Y | 8.49 | 1.98 | [4.52 · 6.51 , 10.48 · 12.46] |
|
-0.03 σ |
Fair
|
| Last 6Y | 9.04 | 2.10 | [4.85 · 6.94 , 11.14 · 13.24] |
|
-0.29 σ |
Fair
|
| Last 7Y | 9.47 | 2.13 | [5.21 · 7.34 , 11.60 · 13.73] |
|
-0.48 σ |
Fair
|
| Last 8Y | 9.76 | 2.08 | [5.61 · 7.69 , 11.84 · 13.92] |
|
-0.64 σ |
Fair
|
| Last 9Y | 9.94 | 1.98 | [5.98 · 7.96 , 11.92 · 13.90] |
|
-0.76 σ |
Fair
|
| Last 10Y | 10.14 | 1.86 | [6.41 · 8.28 , 12.00 · 13.87] |
|
-0.91 σ |
Fair
|
| Last 11Y | 10.13 | 1.73 | [6.67 · 8.40 , 11.86 · 13.58] |
|
-0.98 σ |
Fair
|
| Last 12Y | 10.14 | 1.61 | [6.92 · 8.53 , 11.75 · 13.36] |
|
-1.06 σ |
Undervalued
|
| Last 13Y | 10.03 | 1.53 | [6.97 · 8.50 , 11.57 · 13.10] |
|
-1.04 σ |
Undervalued
|
| Last 14Y | 10.00 | 1.47 | [7.06 · 8.53 , 11.47 · 12.94] |
|
-1.06 σ |
Undervalued
|
| Last 15Y | 10.14 | 1.46 | [7.22 · 8.68 , 11.59 · 13.05] |
|
-1.16 σ |
Undervalued
|
| Last 16Y | 10.07 | 1.50 | [7.08 · 8.57 , 11.57 · 13.06] |
|
-1.09 σ |
Undervalued
|
| Last 17Y | 10.13 | 1.49 | [7.15 · 8.64 , 11.62 · 13.11] |
|
-1.13 σ |
Undervalued
|
| Last 18Y | 10.04 | 1.46 | [7.13 · 8.58 , 11.50 · 12.96] |
|
-1.10 σ |
Undervalued
|
| Last 19Y | 9.89 | 1.52 | [6.85 · 8.37 , 11.41 · 12.93] |
|
-0.95 σ |
Fair
|
| Last 20Y | 9.73 | 1.63 | [6.47 · 8.10 , 11.35 · 12.98] |
|
-0.79 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 | 8.44 |
|
+2.44 σ | -0.03 σ | -0.91 σ | -0.79 σ | |
| All World | 21.10 |
|
+1.66 σ | +2.46 σ | +3.64 σ | +4.40 σ | ||
| Emerging Markets | 16.84 |
|
+4.98 σ | +2.11 σ | +3.77 σ | +3.71 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 | -5.62% | 03 Oct | |
| Short Term | Price vs SMA50 | -0.36% | 03 Oct |
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.