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Brazilian (BOVESPA) Market Analysis & Valuation

UpdatedNov 11, 2025
DataAggregated Company Financials
Companies345
  • 7D2.6%
  • 3M12.8%
  • 1Y12.8%
  • YTD22.1%

Over the last 7 days, the market has risen 2.6%, driven by gains of 2.2% in the Financials sector. In the last year, the market has climbed 13%. As for the next few years, earnings are expected to grow by 12% per annum.

Trending IndustriesOil and GasRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 13 Nov 2025R$4.7tR$5.5tR$575.2b9.3x8.2x0.9x
Sat, 11 Oct 2025R$4.3tR$4.2tR$434.7b8.6x10x1x
Mon, 08 Sep 2025R$4.5tR$4.2tR$436.4b8.9x10.3x1.1x
Wed, 06 Aug 2025R$4.2tR$4.2tR$406.8b8.9x10.4x1x
Fri, 04 Jul 2025R$4.5tR$4.2tR$406.1b9.5x11x1.1x
Sun, 01 Jun 2025R$4.5tR$4.8tR$418.5b9.4x10.8x1x
Tue, 29 Apr 2025R$4.5tR$4.7tR$404.0b8.9x11.1x1x
Thu, 27 Mar 2025R$4.4tR$4.7tR$411.1b8.4x10.6x0.9x
Sat, 22 Feb 2025R$4.3tR$4.6tR$473.4b8.3x9x0.9x
Mon, 20 Jan 2025R$4.1tR$4.6tR$481.0b8.2x8.6x0.9x
Wed, 18 Dec 2024R$4.2tR$4.6tR$481.2b8.5x8.8x0.9x
Fri, 15 Nov 2024R$4.4tR$4.5tR$456.4b9.1x9.6x1x
Sun, 13 Oct 2024R$4.5tR$4.4tR$428.9b9.5x10.5x1x
Tue, 10 Sep 2024R$4.7tR$4.4tR$427.0b10.2x10.9x1.1x
Thu, 08 Aug 2024R$4.5tR$4.4tR$457.0b9.7x9.7x1x
Sat, 06 Jul 2024R$4.4tR$4.3tR$446.5b10x9.8x1x
Mon, 03 Jun 2024R$4.3tR$4.3tR$445.1b10x9.6x1x
Wed, 01 May 2024R$4.5tR$4.3tR$457.8b10.1x9.8x1x
Fri, 29 Mar 2024R$4.6tR$4.3tR$457.0b10.4x10x1.1x
Sun, 25 Feb 2024R$4.6tR$4.4tR$465.4b10.3x9.9x1.1x
Tue, 23 Jan 2024R$4.5tR$4.3tR$466.8b11.5x9.7x1x
Thu, 21 Dec 2023R$4.7tR$4.4tR$467.5b11.7x10.1x1.1x
Sat, 18 Nov 2023R$4.5tR$4.4tR$471.3b10.4x9.5x1x
Mon, 16 Oct 2023R$4.2tR$4.5tR$504.1b10.6x8.3x0.9x
Wed, 13 Sep 2023R$4.3tR$4.5tR$506.1b11.4x8.5x1x
Fri, 11 Aug 2023R$4.4tR$4.5tR$511.4b12.2x8.6x1x
Sun, 09 Jul 2023R$4.4tR$4.6tR$552.8b11.9x8x1x
Tue, 06 Jun 2023R$4.2tR$4.6tR$554.3b11.4x7.6x0.9x
Thu, 04 May 2023R$3.9tR$4.6tR$575.6b9.7x6.7x0.8x
Sat, 01 Apr 2023R$3.9tR$4.6tR$595.3b9.9x6.5x0.8x
Mon, 27 Feb 2023R$4.0tR$4.6tR$608.1b9.5x6.6x0.9x
Wed, 25 Jan 2023R$4.3tR$4.5tR$628.4b9.9x6.9x1x
Fri, 23 Dec 2022R$4.1tR$4.6tR$628.6b9.5x6.6x0.9x
Sun, 20 Nov 2022R$4.3tR$4.5tR$630.9b9.3x6.8x0.9x
Price to Earnings Ratio

6.8x


Total Market Cap: R$4.3tTotal Earnings: R$630.9bTotal Revenue: R$4.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Market Price to Earnings3Y Average 9.1x202320242025
Current Market PE
  • Investors are pessimistic on the Brazilian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 8.2x which is lower than its 3-year average PE of 9.1x.
Past Earnings Growth
  • The earnings for Brazilian listed companies have declined 3.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.3% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Brazilian Market?

BR Market2.57%
Tech6.29%
Healthcare6.10%
Energy4.67%
Consumer Staples4.13%
Utilities3.03%
Consumer Discretionary2.90%
Telecom2.19%
Financials2.15%
Industrials1.90%
Real Estate1.50%
Materials-0.50%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 47.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 24.3%, which is higher than its past year's earnings growth of 15.2% per year.
  • The Consumer Discretionary sector is the least preferred by investors for future growth, which is trading below its 3-year average of 26.4x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • 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
BPAC11 Banco BTG PactualR$53.676.5%
+R$16.1b		58.0%PE17.4xFinancials
RDOR3 Rede D'Or São LuizR$46.997.3%
+R$7.1b		60.0%PE23.3xHealthcare
ABEV3 AmbevR$13.623.3%
+R$6.9b		7.0%PE13.2xConsumer Staples
WEGE3 WEGR$44.893.2%
+R$5.8b		-17.9%PE29.1xIndustrials
B3SA3 B3 - Brasil Bolsa BalcãoR$14.127.0%
+R$4.8b		38.0%PE15.1xFinancials
See more

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