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".
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.