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Brazilian (BOVESPA) Market Analysis & Valuation

UpdatedAug 17, 2025
DataAggregated Company Financials
Companies348
  • 7D0.1%
  • 3M-3.8%
  • 1Y-5.3%
  • YTD8.7%

Over the last 7 days, the market has remained flat, although notably the Materials sector declined by 3.4%. As for last year, the market is down 5.3%. 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
Sun, 17 Aug 2025R$4.3tR$4.2tR$443.7b8.6x9.7x1x
Tue, 15 Jul 2025R$4.3tR$4.2tR$405.6b8.9x10.5x1x
Thu, 12 Jun 2025R$4.4tR$4.2tR$405.7b9.4x10.9x1x
Sat, 10 May 2025R$4.5tR$4.7tR$414.8b9.1x10.8x1x
Mon, 07 Apr 2025R$4.2tR$4.7tR$407.0b8.2x10.4x0.9x
Wed, 05 Mar 2025R$4.1tR$4.6tR$410.5b8.1x10x0.9x
Fri, 31 Jan 2025R$4.2tR$4.6tR$475.2b8.6x8.8x0.9x
Sun, 29 Dec 2024R$4.1tR$4.6tR$480.9b8.3x8.5x0.9x
Tue, 26 Nov 2024R$4.4tR$4.6tR$481.6b9.3x9.2x1x
Thu, 24 Oct 2024R$4.5tR$4.4tR$428.2b9.8x10.5x1x
Sat, 21 Sep 2024R$4.5tR$4.4tR$427.9b10x10.6x1x
Mon, 19 Aug 2024R$4.7tR$4.4tR$425.2b10.3x10.9x1x
Wed, 17 Jul 2024R$4.5tR$4.3tR$446.4b10.1x10x1x
Fri, 14 Jun 2024R$4.2tR$4.4tR$447.0b9.7x9.4x1x
Sun, 12 May 2024R$4.5tR$4.4tR$430.5b10.1x10.4x1x
Tue, 09 Apr 2024R$4.6tR$4.3tR$459.5b10.5x10x1.1x
Thu, 07 Mar 2024R$4.6tR$4.3tR$459.5b10.3x10x1.1x
Sat, 03 Feb 2024R$4.5tR$4.3tR$467.8b11.1x9.7x1x
Mon, 01 Jan 2024R$4.8tR$4.4tR$466.9b11.9x10.2x1.1x
Wed, 29 Nov 2023R$4.5tR$4.4tR$468.0b10.8x9.5x1x
Fri, 27 Oct 2023R$4.1tR$4.5tR$504.2b10.5x8.1x0.9x
Sun, 24 Sep 2023R$4.2tR$4.5tR$504.4b10.9x8.4x0.9x
Tue, 22 Aug 2023R$4.3tR$4.5tR$504.1b10.8x8.5x0.9x
Thu, 20 Jul 2023R$4.4tR$4.6tR$553.3b11.7x7.9x1x
Sat, 17 Jun 2023R$4.4tR$4.6tR$552.9b11.7x8x1x
Mon, 15 May 2023R$4.1tR$4.6tR$553.5b10.4x7.4x0.9x
Wed, 12 Apr 2023R$4.0tR$4.6tR$595.1b9.8x6.8x0.9x
Fri, 10 Mar 2023R$4.0tR$4.6tR$617.8b9.7x6.5x0.9x
Sun, 05 Feb 2023R$4.1tR$4.5tR$628.4b9.7x6.6x0.9x
Tue, 03 Jan 2023R$4.1tR$4.5tR$628.9b9.5x6.5x0.9x
Thu, 01 Dec 2022R$4.3tR$4.5tR$628.7b9.3x6.9x1x
Sat, 29 Oct 2022R$4.6tR$4.4tR$635.6b9.6x7.2x1x
Mon, 26 Sep 2022R$4.5tR$4.4tR$635.3b9.8x7.1x1x
Wed, 24 Aug 2022R$4.5tR$4.4tR$640.3b9.5x7.1x1x
Price to Earnings Ratio

7.1x


Total Market Cap: R$4.5tTotal Earnings: R$640.3bTotal 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 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 Market0.10%
Healthcare2.73%
Financials2.65%
Real Estate1.21%
Telecom0.95%
Utilities0.51%
Consumer Staples-0.91%
Energy-1.05%
Tech-1.55%
Industrials-2.41%
Consumer Discretionary-2.95%
Materials-3.40%
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 (28.2%) 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
BPAC11 Banco BTG PactualR$44.459.1%
+R$17.6b		23.2%PE17.1xFinancials
BBAS3 Banco do BrasilR$20.659.1%
+R$9.8b		-27.2%PB0.6xFinancials
SBSP3 Companhia de Saneamento Básico do Estado de São Paulo - SABESPR$116.454.4%
+R$3.3b		18.0%PE7.1xUtilities
RDOR3 Rede D'Or São LuizR$37.533.5%
+R$2.8b		18.8%PE20.1xHealthcare
VIVT3 Telefônica BrasilR$33.431.5%
+R$1.6b		28.1%PE18.5xTelecom
See more

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SUZB3
R$53.33
Suzano
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1Y
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RDOR3
R$37.53
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B3SA3
R$13.15
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7D
2.1%
1Y
5.3%
ABEV3
R$12.04
Ambev
7D
-2.7%
1Y
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BBSE3
R$32.79
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EMBR3
R$77.29
Embraer
7D
-2.3%
1Y
73.9%
VIVT3
R$33.43
Telefônica Brasil
7D
1.5%
1Y
28.1%