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Brazilian (BOVESPA) Market Analysis & Valuation

UpdatedJul 03, 2026
DataAggregated Company Financials
Companies376
  • 7D-0.4%
  • 3M-8.9%
  • 1Y10.1%
  • YTD3.3%

Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. Meanwhile, the market is actually up 10% over the past year. Looking forward, earnings are forecast to grow by 13% annually.

Trending IndustriesOil and GasRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Jul 2026R$5.0tR$4.0tR$433.3b9.3x11.6x1.3x
Sun, 31 May 2026R$5.0tR$4.0tR$432.8b9.7x11.7x1.3x
Tue, 28 Apr 2026R$5.5tR$4.0tR$436.1b10.6x12.5x1.4x
Thu, 26 Mar 2026R$5.3tR$4.0tR$439.2b10.4x12.1x1.3x
Sat, 21 Feb 2026R$5.5tR$4.0tR$412.0b10.5x13.4x1.4x
Mon, 19 Jan 2026R$4.9tR$4.2tR$398.7b9.4x12.3x1.2x
Wed, 17 Dec 2025R$4.9tR$4.2tR$401.6b9.5x12.3x1.2x
Fri, 14 Nov 2025R$4.8tR$4.2tR$422.2b9.5x11.4x1.1x
Sun, 12 Oct 2025R$4.3tR$4.2tR$434.5b8.7x10x1x
Tue, 09 Sep 2025R$4.5tR$4.2tR$436.5b8.9x10.2x1.1x
Thu, 07 Aug 2025R$4.3tR$4.2tR$406.4b9x10.5x1x
Sat, 05 Jul 2025R$4.5tR$4.2tR$406.1b9.6x11.1x1.1x
Mon, 02 Jun 2025R$4.5tR$4.8tR$418.5b9.4x10.8x1x
Wed, 30 Apr 2025R$4.5tR$4.7tR$402.2b8.8x11.1x1x
Fri, 28 Mar 2025R$4.4tR$4.7tR$409.7b8.4x10.7x0.9x
Sun, 23 Feb 2025R$4.3tR$4.6tR$473.4b8.3x9x0.9x
Tue, 21 Jan 2025R$4.1tR$4.6tR$481.0b8.2x8.6x0.9x
Thu, 19 Dec 2024R$4.3tR$4.6tR$481.2b8.1x8.9x0.9x
Sat, 16 Nov 2024R$4.4tR$4.5tR$461.4b9.1x9.5x1x
Mon, 14 Oct 2024R$4.5tR$4.4tR$428.9b9.5x10.5x1x
Wed, 11 Sep 2024R$4.7tR$4.4tR$427.0b10.2x10.9x1.1x
Fri, 09 Aug 2024R$4.5tR$4.4tR$460.2b9.8x9.8x1x
Sun, 07 Jul 2024R$4.4tR$4.3tR$446.5b10x9.8x1x
Tue, 04 Jun 2024R$4.3tR$4.3tR$445.0b10x9.6x1x
Thu, 02 May 2024R$4.5tR$4.4tR$457.7b10.1x9.8x1x
Sat, 30 Mar 2024R$4.6tR$4.3tR$456.7b10.3x10x1.1x
Mon, 26 Feb 2024R$4.6tR$4.4tR$457.8b10.3x10.1x1.1x
Wed, 24 Jan 2024R$4.5tR$4.3tR$466.8b11.5x9.7x1x
Fri, 22 Dec 2023R$4.7tR$4.4tR$467.2b11.9x10x1.1x
Sun, 19 Nov 2023R$4.5tR$4.4tR$471.4b10.4x9.5x1x
Tue, 17 Oct 2023R$4.2tR$4.5tR$504.1b10.6x8.4x0.9x
Thu, 14 Sep 2023R$4.4tR$4.5tR$505.7b11.4x8.6x1x
Sat, 12 Aug 2023R$4.4tR$4.6tR$512.0b11.7x8.6x1x
Mon, 10 Jul 2023R$4.4tR$4.6tR$552.8b11.9x8x1x
Price to Earnings Ratio

8x


Total Market Cap: R$4.4tTotal Earnings: R$552.8bTotal Revenue: R$4.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Market Price to Earnings3Y Average 10.3x202420252026
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 11.6x which is higher than its 3-year average PE of 10.3x.
Past Earnings Growth
  • The earnings for companies in the Brazilian industry have declined 7.8% per year over the last three years.
  • Revenues have also declined 4.6% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Brazilian Market?

BR Market-0.40%
Tech0.91%
Healthcare0.79%
Financials0.19%
Materials0.11%
Real Estate-0.37%
Energy-0.47%
Consumer Discretionary-0.47%
Telecom-0.50%
Industrials-0.76%
Utilities-1.07%
Consumer Staples-2.19%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading close to its 3-year average PE ratio of 51.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 28.9%, which is higher than its past year's earnings growth of 0.5% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 6.3x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings growth rate of 0.5% per year.
  • In contrast, the Energy 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
RDOR3 Rede D'Or São LuizR$35.532.4%
+R$1.8b		1.7%PE16.9xHealthcare
CXSE3 Caixa Seguridade ParticipaçõesR$20.162.8%
+R$1.6b		35.3%PE13.8xFinancials
SANB11 Banco Santander (Brasil)R$26.771.6%
+R$1.6b		-8.7%PB0.8xFinancials
SBSP3 Companhia de Saneamento Básico do Estado de São Paulo - SABESPR$29.911.0%
+R$1.1b		30.9%PE12xUtilities
UGPA3 Ultrapar ParticipaçõesR$26.603.9%
+R$1.1b		47.9%PE8.9xConsumer Discretionary
See more

Market Insights

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Markets are supposed to reprice risk when it changes. This time they've repriced the promise, but left the threat largely untouched. Whether that's an oversight or a fair call is worth thinking through.
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Caixa Seguridade Participações
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B3SA3
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B3 - Brasil Bolsa Balcão
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