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Brazilian (BOVESPA) Market Analysis & Valuation

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies345
  • 7D1.2%
  • 3M1.6%
  • 1Y-0.5%
  • YTD13.7%

Over the last 7 days, the market has risen 1.2%, driven by gains in the Utilities and Consumer Staples sectors of 1.9% and 3.0%, respectively. In the last 12 months, the market has been flat. Earnings are forecast to grow by 12% annually.

Trending IndustriesOil and GasRenewable Energy

Market Valuation and Performance

Has the Brazilian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Sep 2025R$4.5tR$4.2tR$434.9b9x10.4x1.1x
Sat, 16 Aug 2025R$4.3tR$4.2tR$442.9b8.6x9.8x1x
Mon, 14 Jul 2025R$4.3tR$4.2tR$405.6b9x10.6x1x
Wed, 11 Jun 2025R$4.4tR$4.2tR$405.7b9.3x10.8x1x
Fri, 09 May 2025R$4.5tR$4.7tR$406.8b9x11x1x
Sun, 06 Apr 2025R$4.2tR$4.7tR$407.0b8.2x10.4x0.9x
Tue, 04 Mar 2025R$4.1tR$4.6tR$411.6b8.1x10x0.9x
Thu, 30 Jan 2025R$4.2tR$4.6tR$475.2b8.4x8.8x0.9x
Sat, 28 Dec 2024R$4.1tR$4.6tR$480.9b8.3x8.5x0.9x
Mon, 25 Nov 2024R$4.4tR$4.6tR$479.8b9.3x9.2x1x
Wed, 23 Oct 2024R$4.5tR$4.4tR$428.9b9.6x10.5x1x
Fri, 20 Sep 2024R$4.6tR$4.4tR$427.9b10.1x10.8x1x
Sun, 18 Aug 2024R$4.7tR$4.4tR$426.6b10.3x10.9x1x
Tue, 16 Jul 2024R$4.5tR$4.3tR$446.4b10x10x1x
Thu, 13 Jun 2024R$4.3tR$4.4tR$447.0b9.7x9.6x1x
Sat, 11 May 2024R$4.5tR$4.4tR$430.5b10.1x10.4x1x
Mon, 08 Apr 2024R$4.5tR$4.3tR$458.9b10.4x9.9x1x
Wed, 06 Mar 2024R$4.6tR$4.3tR$459.5b10.2x10x1.1x
Fri, 02 Feb 2024R$4.6tR$4.3tR$466.8b11.2x9.8x1.1x
Sun, 31 Dec 2023R$4.8tR$4.4tR$466.9b11.8x10.2x1.1x
Tue, 28 Nov 2023R$4.4tR$4.4tR$468.3b10.7x9.5x1x
Thu, 26 Oct 2023R$4.1tR$4.5tR$504.1b10.4x8.1x0.9x
Sat, 23 Sep 2023R$4.2tR$4.5tR$504.4b10.9x8.4x0.9x
Mon, 21 Aug 2023R$4.3tR$4.5tR$503.8b10.9x8.5x0.9x
Wed, 19 Jul 2023R$4.4tR$4.6tR$552.8b11.8x8x1x
Fri, 16 Jun 2023R$4.4tR$4.6tR$554.5b11.8x8x1x
Sun, 14 May 2023R$4.1tR$4.6tR$553.9b10.4x7.4x0.9x
Tue, 11 Apr 2023R$3.9tR$4.6tR$595.1b9.5x6.5x0.8x
Thu, 09 Mar 2023R$4.1tR$4.6tR$618.0b9.9x6.6x0.9x
Sat, 04 Feb 2023R$4.1tR$4.5tR$628.4b9.7x6.6x0.9x
Mon, 02 Jan 2023R$4.2tR$4.5tR$628.9b9.7x6.7x0.9x
Wed, 30 Nov 2022R$4.2tR$4.5tR$628.8b9.3x6.8x0.9x
Fri, 28 Oct 2022R$4.6tR$4.4tR$634.3b9.5x7.2x1x
Sun, 25 Sep 2022R$4.5tR$4.4tR$635.4b9.8x7.1x1x
Price to Earnings Ratio

7.1x


Total Market Cap: R$4.5tTotal Earnings: R$635.4bTotal Revenue: R$4.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Market Price to Earnings3Y Average 9x202320242025
Current Market PE
  • Investors are optimistic on the Brazilian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 10.4x which is higher than its 3-year average PE of 9.0x.
Past Earnings Growth
  • The earnings for Brazilian listed companies have declined 12% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Brazilian Market?

BR Market1.16%
Real Estate3.60%
Tech3.45%
Consumer Discretionary3.05%
Consumer Staples3.01%
Utilities1.95%
Materials1.36%
Healthcare1.14%
Telecom0.82%
Energy0.46%
Financials0.40%
Industrials-0.11%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 46.3x.
    • Analysts expect its future annual earnings growth (27.0%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
  • The Energy sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 5.5x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 27% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Real Estate industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
ABEV3 AmbevR$12.792.2%
+R$4.2b		-1.2%PE13.5xConsumer Staples
VALE3 ValeR$57.801.4%
+R$3.3b		-0.7%PE8.5xMaterials
B3SA3 B3 - Brasil Bolsa BalcãoR$13.724.6%
+R$3.1b		14.3%PE14.8xFinancials
RDOR3 Rede D'Or São LuizR$40.743.4%
+R$3.0b		21.7%PE21.9xHealthcare
ANCR11 Fundo de Investimento Imobiliário - FII Ancar ICR$850.0021.4%
+R$2.7b		779.6%n/aReal Estate
See more

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