Cost of Equity
Last observation Aug 2023
- Coverage
- 1 Jan 2005 – 1 Aug 2023
- Frequency
- Monthly
- Files
- 14
This series has not been updated in 3 years. The last observation is 1 August 2023. Use it for historical work; do not treat it as current.
Estimated cost of equity for Brazilian listed firms, reported separately for seven sectors (Basic Products, Construction, Consumer, Energy, Finance, Manufacturing and Other). Each file gives the monthly discount rate, in percent per year, for project horizons of 1, 5, 10 and 20 years. See the methodology PDF for the estimation procedure.
Download
Read it directly
# Python
import pandas as pd
df = pd.read_csv("https://nefin.com.br/resources/cost_of_capital/Basic%20Products.csv")
# R
df <- readr::read_csv("https://nefin.com.br/resources/cost_of_capital/Basic%20Products.csv")How to cite
Please cite the dataset when you use it in published work.
NEFIN (2026). Cost of Equity.
Center for Research in Financial Economics, University of São Paulo.
https://nefin.com.br/data/cost-of-equity/