The current P/E and P/S ratios reflect that the market is currently slightly overvalued.
For those who are long, EWZ is a hold.
Updated Sector and Industry analysis to come after the end of the earnings season.
So far I have written three articles where I provided the reader with multiples for the IBrX 50 which is strongly and positively correlated with the Brazilian Index, Ibovespa. The ETF EWZ is almost a