PRO articleSmall Caps
Brazilian Small Cap Index Trades at 33% Discount to Historical Average
The Brazilian Small Cap Index (SMLL) is trading at an approximate 33% discount to its long-term historical P/E ratio, driven by high Selic rates and capital outflow.

The Brazilian Small Cap Index (SMLL) is trading at an approximate 33% discount to its long-term historical P/E ratio, driven by high Selic rates and capital outflow.
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