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Brazilian (BOVESPA) Market Analysis & Valuation

UpdatedAug 22, 2025
DataAggregated Company Financials
Companies347
  • 7D-1.6%
  • 3M-4.2%
  • 1Y-7.5%
  • YTD7.0%

Over the last 7 days, the market has dropped 1.6%, driven by a pullback of 3.2% in the Financials sector. The market has dropped 7.5% in the last year. 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
Fri, 22 Aug 2025R$4.3tR$4.2tR$443.4b8.4x9.6x1x
Sun, 20 Jul 2025R$4.2tR$4.2tR$404.5b8.8x10.5x1x
Tue, 17 Jun 2025R$4.5tR$4.2tR$406.4b9.4x11x1.1x
Thu, 15 May 2025R$4.5tR$4.8tR$426.8b9x10.6x1x
Sat, 12 Apr 2025R$4.2tR$4.7tR$401.6b8.4x10.6x0.9x
Mon, 10 Mar 2025R$4.2tR$4.6tR$410.5b8.3x10.2x0.9x
Wed, 05 Feb 2025R$4.2tR$4.6tR$475.2b8.6x8.9x0.9x
Fri, 03 Jan 2025R$4.1tR$4.6tR$480.8b8.1x8.5x0.9x
Sun, 01 Dec 2024R$4.3tR$4.6tR$482.4b8.7x8.9x0.9x
Tue, 29 Oct 2024R$4.5tR$4.4tR$432.0b9.5x10.4x1x
Thu, 26 Sep 2024R$4.6tR$4.4tR$427.9b9.8x10.6x1x
Sat, 24 Aug 2024R$4.7tR$4.4tR$428.3b10.3x11x1.1x
Mon, 22 Jul 2024R$4.4tR$4.3tR$446.2b9.9x10x1x
Wed, 19 Jun 2024R$4.2tR$4.3tR$446.3b9.5x9.4x1x
Fri, 17 May 2024R$4.5tR$4.4tR$444.1b10.5x10.1x1x
Sun, 14 Apr 2024R$4.5tR$4.3tR$460.4b10.4x9.8x1x
Tue, 12 Mar 2024R$4.5tR$4.3tR$448.8b10.4x10.1x1x
Thu, 08 Feb 2024R$4.6tR$4.3tR$468.3b10.4x9.9x1.1x
Sat, 06 Jan 2024R$4.6tR$4.3tR$467.1b11.7x10x1.1x
Mon, 04 Dec 2023R$4.5tR$4.4tR$468.0b11.2x9.7x1x
Wed, 01 Nov 2023R$4.1tR$4.5tR$489.0b10.2x8.4x0.9x
Fri, 29 Sep 2023R$4.2tR$4.5tR$504.4b10.8x8.4x0.9x
Sun, 27 Aug 2023R$4.3tR$4.5tR$504.4b11x8.6x1x
Tue, 25 Jul 2023R$4.5tR$4.6tR$553.3b12.1x8.2x1x
Thu, 22 Jun 2023R$4.5tR$4.6tR$554.2b12x8.1x1x
Sat, 20 May 2023R$4.1tR$4.6tR$563.0b10.3x7.4x0.9x
Mon, 17 Apr 2023R$4.0tR$4.6tR$595.3b10.1x6.8x0.9x
Wed, 15 Mar 2023R$3.9tR$4.6tR$615.8b9.6x6.4x0.9x
Fri, 10 Feb 2023R$4.1tR$4.6tR$694.7b9.6x5.9x0.9x
Sun, 08 Jan 2023R$4.1tR$4.5tR$628.9b9.4x6.6x0.9x
Tue, 06 Dec 2022R$4.4tR$4.6tR$628.7b9.2x6.9x1x
Thu, 03 Nov 2022R$4.7tR$5.5tR$1.1t9.8x4.4x0.9x
Sat, 01 Oct 2022R$4.4tR$4.4tR$635.3b9.5x6.9x1x
Mon, 29 Aug 2022R$4.5tR$4.4tR$639.1b9.6x7.1x1x
Price to Earnings Ratio

7.1x


Total Market Cap: R$4.5tTotal Earnings: R$639.1bTotal Revenue: R$4.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Market Price to Earnings3Y Average 8.9x202320242025
Current Market PE
  • Investors are relatively neutral on the Brazilian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 8.9x.
Past Earnings Growth
  • The earnings for Brazilian listed companies have declined 11% 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 Market-1.57%
Telecom1.40%
Energy-0.03%
Real Estate-0.21%
Consumer Staples-0.35%
Materials-0.41%
Utilities-1.26%
Industrials-1.71%
Healthcare-1.78%
Consumer Discretionary-2.21%
Financials-3.20%
Tech-3.35%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 45.9x.
    • Analysts expect its future annual earnings growth (27.6%) 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 5.4x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 28% 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
VIVT3 Telefônica BrasilR$34.061.9%
+R$2.0b		28.1%PE18.8xTelecom
RADL3 Raia DrogasilR$18.264.5%
+R$1.4b		-34.5%PE25.6xConsumer Staples
ANCR11 Fundo de Investimento Imobiliário - FII Ancar ICR$375.0010.6%
+R$649.2m		278.8%n/aReal Estate
EGIE3 Engie Brasil EnergiaR$40.101.9%
+R$611.9m		-12.4%PE10.9xUtilities
AURE3 Auren EnergiaR$10.505.5%
+R$574.7m		-9.4%PS1xUtilities
See more

Market Insights

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