8.96
Last update: 20 November 2024
The estimated P/E Ratio for Brazil Stock Market is 8.96, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [6.51 , 10.35]. 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.
20 November 2024 · P/E Ratio: 8.96
20 November 2024 · P/E Ratio: 8.96 ·
1Y Average: 7.84 ·
1 Std Dev range: [7.50 , 8.18] ·
2 Std Dev range: [7.17 , 8.52]
20 November 2024 · P/E Ratio: 8.96 ·
5Y Average: 8.43 ·
1 Std Dev range: [6.51 , 10.35] ·
2 Std Dev range: [4.58 , 12.28]
20 November 2024 · P/E Ratio: 8.96 ·
10Y Average: 10.13 ·
1 Std Dev range: [8.26 , 11.99] ·
2 Std Dev range: [6.39 , 13.86]
20 November 2024 · P/E Ratio: 8.96 ·
20Y Average: 9.74 ·
1 Std Dev range: [8.13 , 11.35] ·
2 Std Dev range: [6.51 , 12.96]
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".
20 November 2024 · P/E Ratio: 8.96 · 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 ( 8.96 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 7.84 | 0.34 | [7.17 · 7.50 , 8.18 · 8.52] |
|
+3.29 σ |
Expensive
|
| Last 2Y | 6.96 | 0.86 | [5.25 · 6.11 , 7.82 · 8.68] |
|
+2.33 σ |
Expensive
|
| Last 3Y | 6.90 | 0.73 | [5.43 · 6.16 , 7.63 · 8.36] |
|
+2.82 σ |
Expensive
|
| Last 4Y | 7.38 | 0.94 | [5.51 · 6.44 , 8.32 · 9.26] |
|
+1.68 σ |
Overvalued
|
| Last 5Y | 8.43 | 1.92 | [4.58 · 6.51 , 10.35 · 12.28] |
|
+0.27 σ |
Fair
|
| Last 6Y | 9.02 | 2.09 | [4.83 · 6.92 , 11.11 · 13.20] |
|
-0.03 σ |
Fair
|
| Last 7Y | 9.41 | 2.09 | [5.23 · 7.32 , 11.50 · 13.60] |
|
-0.22 σ |
Fair
|
| Last 8Y | 9.71 | 2.05 | [5.61 · 7.66 , 11.77 · 13.82] |
|
-0.37 σ |
Fair
|
| Last 9Y | 9.93 | 1.98 | [5.96 · 7.94 , 11.91 · 13.89] |
|
-0.49 σ |
Fair
|
| Last 10Y | 10.13 | 1.87 | [6.39 · 8.26 , 11.99 · 13.86] |
|
-0.62 σ |
Fair
|
| Last 11Y | 10.12 | 1.73 | [6.65 · 8.38 , 11.85 · 13.58] |
|
-0.67 σ |
Fair
|
| Last 12Y | 10.13 | 1.61 | [6.90 · 8.52 , 11.75 · 13.36] |
|
-0.73 σ |
Fair
|
| Last 13Y | 10.04 | 1.52 | [6.99 · 8.52 , 11.56 · 13.09] |
|
-0.71 σ |
Fair
|
| Last 14Y | 9.99 | 1.47 | [7.05 · 8.52 , 11.46 · 12.93] |
|
-0.70 σ |
Fair
|
| Last 15Y | 10.11 | 1.45 | [7.22 · 8.66 , 11.56 · 13.01] |
|
-0.80 σ |
Fair
|
| Last 16Y | 10.08 | 1.48 | [7.13 · 8.61 , 11.56 · 13.04] |
|
-0.76 σ |
Fair
|
| Last 17Y | 10.11 | 1.49 | [7.13 · 8.62 , 11.59 · 13.08] |
|
-0.77 σ |
Fair
|
| Last 18Y | 10.05 | 1.45 | [7.16 · 8.60 , 11.50 · 12.94] |
|
-0.76 σ |
Fair
|
| Last 19Y | 9.90 | 1.51 | [6.88 · 8.39 , 11.40 · 12.91] |
|
-0.62 σ |
Fair
|
| Last 20Y | 9.74 | 1.61 | [6.51 · 8.13 , 11.35 · 12.96] |
|
-0.48 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 | 8.96 |
|
+3.29 σ | +0.27 σ | -0.62 σ | -0.48 σ | |
| All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 σ | ||
| Emerging Markets | 14.18 |
|
+0.77 σ | +0.36 σ | +0.96 σ | +1.29 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 | -9.41% | 20 Nov | |
| Short Term | Price vs SMA50 | -4.99% | 20 Nov |
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.