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 | N/A | 25.90 |
| pbr | N/A | N/A |
| bbd | 15.60 | 10.92 |
| itu | N/A | N/A |
| ggb | N/A | 5.16 |
| gol | 16.42 | 13.03 |
| sid | N/A | 4.56 |
| cig | N/A | 9.62 |
| ubb | N/A | N/A |
| tne | 14.80 | 5.91 |
| erj | N/A | 13.62 |
| elp | N/A | 8.85 |
| abv | N/A | 16.04 |
| tsu | 25.84 | 12.98 |
| vcp | N/A | N/A |
| cbd | N/A | 22.82 |
| sbs | N/A | 7.12 |
| ara | N/A | N/A |
| pze | 11.22 | 11.14 |
| brp | N/A | N/A |
| cpl | 13.80 | 12.58 |