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 | N/A | 4.86 |
| bak | N/A | 12.48 |
| pbr | 5.99 | N/A |
| bbd | 9.09 | 7.97 |
| itu | 14.33 | 7.97 |
| ggb | 4.28 | 4.31 |
| gol | N/A | 8.80 |
| sid | 11.79 | 4.68 |
| cig | N/A | 6.93 |
| ubb | 135.26 | 5.81 |
| tne | 6.19 | 7.83 |
| erj | 15.58 | 4.91 |
| elp | 6.02 | N/A |
| abv | 18.06 | 14.36 |
| tsu | 0.13 | 24.25 |
| vcp | N/A | 4.66 |
| cbd | 0.06 | 14.78 |
| sbs | 0.04 | 3.85 |
| ara | N/A | 2.61 |
| pze | 3.88 | 7.93 |
| brp | 7.68 | 7.20 |
| cpl | 12.32 | 15.24 |