P/E Ratio
 
7
12
17
22
27
P/E vs 1Y Avg
P/E vs 5Y Avg
P/E vs 10Y Avg
P/E vs 20Y Avg
< -2σ
-2σ
-σ
+σ
+2σ
> +2σ
 
 
 
 
 
 
 
Undervalued
Fair
Overvalued
 
 
Cheap
 
 
 
Expensive
WORLD COUNTRIES P/E RATIO
Individual stock markets
Swipe left to see all data
P/E Evaluation
Historical P/E Average
P/E Deviation vs Avg
Trend Margin
Country P/E Ratio▾ 5 Years 10 Years 20 Years 5 Years 10 Years 20 Years 5 Years 10 Years 20 Years vs SMA-200 Time (ET)
ENZL New Zealand 30.78
Fair
Fair
Overvalued
 27.18 27.23 21.17
+0.89 σ
+0.87 σ
+1.75 σ
 +5.20% 04:00 PM
VTI United States 27.13
Overvalued
Expensive
Expensive
 22.49 19.87 16.67
+1.94 σ
+2.63 σ
+3.71 σ
 +7.69% 04:00 PM
INDA India 23.87
Fair
Overvalued
Expensive
 23.08 20.66 17.99
+0.64 σ
+1.31 σ
+2.09 σ
 -0.47% 04:00 PM
EWL Switzerland 23.77
Overvalued
Expensive
Expensive
 19.61 18.17 15.81
+1.85 σ
+3.22 σ
+3.68 σ
 +12.57% 04:00 PM
EWA Australia 22.16
Expensive
Expensive
Expensive
 17.14 16.47 14.83
+2.12 σ
+3.32 σ
+4.53 σ
 +9.03% 04:00 PM
EWT Taiwan 21.41
Expensive
Expensive
Expensive
 16.00 14.95 14.02
+2.35 σ
+3.67 σ
+4.49 σ
 +16.10% 04:00 PM
EWC Canada 20.55
Expensive
Expensive
Expensive
 15.73 15.26 14.40
+2.01 σ
+3.51 σ
+5.16 σ
 +14.29% 04:00 PM
EWU United Kingdom 20.38
Expensive
Expensive
Expensive
 13.14 13.35 12.31
+2.64 σ
+4.09 σ
+5.01 σ
 +12.60% 04:00 PM
EWH Hong Kong 20.18
Expensive
Expensive
Expensive
 15.46 15.24 15.22
+4.09 σ
+5.38 σ
+4.99 σ
 +13.11% 04:00 PM
EWK Belgium 20.01
Overvalued
Overvalued
Overvalued
 16.15 16.88 14.85
+1.43 σ
+1.61 σ
+1.99 σ
 +16.30% 04:00 PM
EWQ France 19.56
Overvalued
Expensive
Expensive
 16.52 15.37 13.37
+1.59 σ
+2.46 σ
+3.02 σ
 +7.59% 04:00 PM
EWN Netherlands 19.33
Fair
Overvalued
Expensive
 18.03 16.91 14.31
+0.50 σ
+1.24 σ
+2.13 σ
 +12.80% 04:00 PM
EWG Germany 18.62
Expensive
Expensive
Expensive
 14.14 13.61 12.45
+2.09 σ
+3.40 σ
+4.70 σ
 +6.15% 04:00 PM
EWD Sweden 18.62
Fair
Overvalued
Expensive
 16.45 16.09 14.86
+0.93 σ
+1.63 σ
+2.41 σ
 +13.09% 04:00 PM
EWY South Korea 18.43
Expensive
Expensive
Expensive
 10.45 10.19 9.90
+6.95 σ
+7.81 σ
+9.10 σ
 +53.01% 04:00 PM
EIS Israel 18.14
Expensive
Expensive
Expensive
 11.88 11.32 10.98
+3.26 σ
+5.39 σ
+4.69 σ
 +23.52% 04:00 PM
EWJ Japan 18.01
Expensive
Expensive
Expensive
 14.84 14.24 14.43
+2.22 σ
+2.71 σ
+2.27 σ
 +15.73% 04:00 PM
EPU Perù 17.52
Expensive
Expensive
Expensive
 12.09 12.78 12.31
+2.80 σ
+3.35 σ
+3.62 σ
 +53.70% 04:00 PM
EWS Singapore 16.97
Expensive
Expensive
Expensive
 13.65 13.24 13.38
+2.39 σ
+3.64 σ
+3.82 σ
 +3.94% 04:00 PM
VNM Vietnam 16.85
Fair
-
-
 15.64 - -
+0.44 σ
-
-
 +8.19% 04:00 PM
EZA South Africa 16.77
Expensive
Expensive
Expensive
 10.62 12.12 11.90
+3.74 σ
+2.40 σ
+2.94 σ
 +24.04% 04:00 PM
ARGT Argentina 16.71
Expensive
Expensive
Expensive
 12.57 12.44 10.66
+2.17 σ
+3.30 σ
+2.44 σ
 +11.45% 04:00 PM
EDEN Denmark 16.35
Fair
Fair
Fair
 16.80 18.18 16.55
-0.15 σ
-0.70 σ
-0.11 σ
 +5.05% 03:27 PM
EWM Malaysia 16.28
Expensive
Overvalued
Expensive
 14.33 15.08 14.70
+2.57 σ
+1.59 σ
+2.00 σ
 +16.24% 04:00 PM
ECH Chile 16.06
Expensive
Overvalued
Fair
 10.14 13.16 14.57
+2.40 σ
+1.05 σ
+0.82 σ
 +32.14% 04:00 PM
EWO Austria 15.73
Expensive
Expensive
Expensive
 8.35 9.61 9.95
+3.79 σ
+3.39 σ
+3.60 σ
 +24.52% 04:00 PM
TUR Turkey 15.61
Expensive
Expensive
Expensive
 5.96 6.42 7.94
+5.63 σ
+7.71 σ
+4.74 σ
 +22.35% 04:00 PM
THD Thailand 15.43
Fair
Undervalued
Fair
 17.57 17.52 15.81
-0.95 σ
-1.04 σ
-0.16 σ
 +18.52% 04:00 PM
EIRL Ireland 15.00
Fair
Fair
Fair
 15.22 15.60 16.16
-0.10 σ
-0.32 σ
-0.48 σ
 +12.09% 03:42 PM
EWP Spain 14.79
Expensive
Expensive
Expensive
 11.29 11.86 11.55
+2.81 σ
+2.40 σ
+2.15 σ
 +19.03% 04:00 PM
NORW Norway 14.79
Expensive
Overvalued
Expensive
 10.79 12.62 11.57
+2.07 σ
+1.19 σ
+2.02 σ
 +16.57% 03:59 PM
EWI Italy 14.14
Overvalued
Overvalued
Overvalued
 10.61 11.41 11.16
+1.99 σ
+1.85 σ
+1.88 σ
 +13.43% 04:00 PM
EWW Mexico 14.04
Overvalued
Fair
Fair
 12.53 13.71 14.27
+1.68 σ
+0.22 σ
-0.13 σ
 +24.15% 04:00 PM
EPOL Poland 13.79
Overvalued
Expensive
Overvalued
 10.15 11.03 11.45
+1.75 σ
+2.03 σ
+1.91 σ
 +17.43% 04:00 PM
EWZ Brazil 12.88
Expensive
Overvalued
Expensive
 7.96 10.01 9.97
+3.91 σ
+1.53 σ
+2.01 σ
 +27.12% 04:00 PM
QAT Qatar 12.74
Fair
-
-
 13.10 - -
-0.17 σ
-
-
 +4.60% 04:00 PM
EIDO Indonesia 12.48
Fair
Undervalued
Fair
 12.95 14.19 13.65
-0.35 σ
-1.21 σ
-0.96 σ
 -2.82% 04:00 PM
FXI China 11.20
Fair
Fair
Fair
 10.28 11.16 11.03
+0.73 σ
+0.03 σ
+0.10 σ
 +2.51% 04:00 PM
GREK Greece 10.88
Fair
Fair
Fair
 9.51 11.34 10.99
+0.69 σ
-0.23 σ
-0.05 σ
 +19.08% 04:00 PM
EPHE Philippines 9.50
Undervalued
Cheap
Cheap
 12.79 14.98 15.22
-1.29 σ
-2.14 σ
-2.64 σ
 +1.51% 04:00 PM
COLO Colombia 9.44
Overvalued
Fair
Undervalued
 7.25 9.49 12.45
+1.40 σ
-0.02 σ
-1.05 σ
 +25.64% 04:00 PM
Methodology

The Average P/E (μ) and the Standard Deviation (σ) are calculated excluding 20% outliers (i.e. over a range of values excluding 10% of observations from the top and 10% from the bottom of the dataset). Additionally, P/E values greater than 70 or lower than 1 are logarithmically normalized to reduce distortions.

A P/E between (μ - σ) and (μ + σ) is considered "Fair", over a specific timeframe.
A P/E greater than (μ + σ) is defined "Overvalued", greater than (μ + 2σ) is defined "Expensive".
A P/E less than (μ - σ) is defined "Undervalued", less than (μ - 2σ) is defined "Cheap".

The Trend is considered positive if the ETF price is higher than the 200-day moving average (SMA).