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.
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".
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?
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).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -12.36% | 26 Jul | |
Short Term | Price vs SMA50 | -3.58% | 26 Jul |