Summary:
- The P/E ratio for the IBrX 50 was 17.9X on the 29th of June of 2018.
- P/E ratios show that the market is beginning to recover from the abrupt drop.
- Can be useful when estimating the equity returns for EWZ.
“In April of this year, I began seeing several indicators that pointed out to me that it might be time to liquidate my position in Ibovespa (IBOV). As a habit, I like to analyze the P/E ratio for an index prior to purchasing or selling them but I could not find anything for IBOV. In the United States, this information is easily available through public sources.”
Continue reading at Seeking Alpha right here: The P/E Ratio For The Brazilian Index IBrX 50
