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 | N/A |
| bak | 15.34 | 19.73 |
| pbr | N/A | N/A |
| bbd | 13.83 | 11.78 |
| itu | N/A | N/A |
| ggb | 34.67 | 9.40 |
| gol | N/A | 13.78 |
| sid | 19.15 | 10.88 |
| cig | N/A | 10.09 |
| ubb | N/A | N/A |
| tne | 0.01 | 12.21 |
| erj | 10.90 | 15.99 |
| elp | 10.34 | 10.63 |
| abv | 17.60 | 15.78 |
| tsu | 0.06 | 15.83 |
| vcp | N/A | N/A |
| cbd | 0.05 | 25.31 |
| sbs | 0.06 | 6.97 |
| ara | N/A | N/A |
| pze | 69.37 | 16.12 |
| brp | N/A | N/A |
| cpl | 13.77 | 12.50 |