8.14
Last update: 03 May 2024
The estimated P/E Ratio for Brazil Stock Market is 8.14, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [6.72 , 11.16]. 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 May 2024 · P/E Ratio: 8.14
03 May 2024 · P/E Ratio: 8.14 ·
1Y Average: 7.01 ·
1 Std Dev range: [6.24 , 7.78] ·
2 Std Dev range: [5.46 , 8.56]
03 May 2024 · P/E Ratio: 8.14 ·
5Y Average: 8.94 ·
1 Std Dev range: [6.72 , 11.16] ·
2 Std Dev range: [4.50 , 13.38]
03 May 2024 · P/E Ratio: 8.14 ·
10Y Average: 10.30 ·
1 Std Dev range: [8.53 , 12.07] ·
2 Std Dev range: [6.75 , 13.85]
03 May 2024 · P/E Ratio: 8.14 ·
20Y Average: 9.70 ·
1 Std Dev range: [8.02 , 11.37] ·
2 Std Dev range: [6.34 , 13.05]
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 May 2024 · P/E Ratio: 8.14 · 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 ( 8.14 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 7.01 | 0.77 | [5.46 · 6.24 , 7.78 · 8.56] |
|
+1.45 σ |
Overvalued
|
| Last 2Y | 6.49 | 0.74 | [5.02 · 5.76 , 7.23 · 7.97] |
|
+2.22 σ |
Expensive
|
| Last 3Y | 6.94 | 0.78 | [5.39 · 6.16 , 7.72 · 8.50] |
|
+1.54 σ |
Overvalued
|
| Last 4Y | 7.85 | 1.61 | [4.63 · 6.24 , 9.46 · 11.07] |
|
+0.18 σ |
Fair
|
| Last 5Y | 8.94 | 2.22 | [4.50 · 6.72 , 11.16 · 13.38] |
|
-0.36 σ |
Fair
|
| Last 6Y | 9.26 | 2.07 | [5.11 · 7.19 , 11.33 · 13.41] |
|
-0.54 σ |
Fair
|
| Last 7Y | 9.75 | 2.13 | [5.49 · 7.62 , 11.87 · 14.00] |
|
-0.76 σ |
Fair
|
| Last 8Y | 10.02 | 2.05 | [5.92 · 7.97 , 12.07 · 14.12] |
|
-0.92 σ |
Fair
|
| Last 9Y | 10.16 | 1.94 | [6.28 · 8.22 , 12.10 · 14.04] |
|
-1.04 σ |
Undervalued
|
| Last 10Y | 10.30 | 1.77 | [6.75 · 8.53 , 12.07 · 13.85] |
|
-1.22 σ |
Undervalued
|
| Last 11Y | 10.24 | 1.64 | [6.96 · 8.60 , 11.88 · 13.52] |
|
-1.28 σ |
Undervalued
|
| Last 12Y | 10.21 | 1.54 | [7.14 · 8.67 , 11.75 · 13.28] |
|
-1.35 σ |
Undervalued
|
| Last 13Y | 10.07 | 1.49 | [7.09 · 8.58 , 11.56 · 13.05] |
|
-1.30 σ |
Undervalued
|
| Last 14Y | 10.08 | 1.40 | [7.28 · 8.68 , 11.47 · 12.87] |
|
-1.39 σ |
Undervalued
|
| Last 15Y | 10.27 | 1.41 | [7.46 · 8.87 , 11.68 · 13.09] |
|
-1.52 σ |
Undervalued
|
| Last 16Y | 10.14 | 1.47 | [7.19 · 8.66 , 11.61 · 13.08] |
|
-1.36 σ |
Undervalued
|
| Last 17Y | 10.20 | 1.43 | [7.34 · 8.77 , 11.62 · 13.05] |
|
-1.45 σ |
Undervalued
|
| Last 18Y | 10.04 | 1.46 | [7.13 · 8.59 , 11.50 · 12.95] |
|
-1.31 σ |
Undervalued
|
| Last 19Y | 9.86 | 1.56 | [6.73 · 8.30 , 11.42 · 12.98] |
|
-1.10 σ |
Undervalued
|
| Last 20Y | 9.70 | 1.68 | [6.34 · 8.02 , 11.37 · 13.05] |
|
-0.93 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 | 8.14 |
|
+1.45 σ | -0.36 σ | -1.22 σ | -0.93 σ | |
| All World | 20.50 |
|
+4.16 σ | +2.37 σ | +3.77 σ | +4.38 σ | ||
| Emerging Markets | 14.10 |
|
+3.63 σ | +0.49 σ | +1.11 σ | +1.33 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 | +0.01% | 03 May | |
| Short Term | Price vs SMA50 | +0.76% | 03 May |
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.