1. P/E ( trailing twelve month) alongwith a lower forward P/E - "generally" indicates a good buy canditate.
2. Very high P/E ( trailing twelve month) alongwith a even higher forward P/E, "generally" indicates a short canditate.
3. Very low P/E may also indicate a tainted share - so be careful and excercise caution in choosing a very low P/E share. Probably it is better idea to explore all of the top ten stocks with lowest P/E.
4. If you have experience with Brazillian geography, Brazillian economy and if you are familiar with local conditions of Brazil you will be better positioned to take advantage of this list
| Symbol | P/E (ttm) | P/E (Forward) |
| rio | 9.87 | 8.04 |
| bak | 8.49 | 22.24 |
| pbr | 8.23 | N/A |
| bbd | 12.08 | 10.34 |
| itu | N/A | N/A |
| ggb | 12.61 | 4.48 |
| gol | 26.41 | 12.92 |
| sid | 14.36 | 6.19 |
| cig | 9.17 | 11.51 |
| ubb | N/A | N/A |
| tne | 7.99 | 9.04 |
| erj | 16.22 | 13.85 |
| elp | 12.23 | 13.63 |
| abv | 18.70 | 16.49 |
| tsu | 8.21 | 18.43 |
| vcp | N/A | N/A |
| cbd | 23.62 | 21.13 |
| sbs | 6.44 | 8.31 |
| ara | N/A | N/A |
| pze | 14.96 | 10.29 |
| brp | N/A | N/A |
| cpl | 14.10 | 16.99 |