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)
EWL Switzerland 26.26
Expensive
Expensive
Expensive
 20.40 18.77 16.13
+2.20 σ
+3.51 σ
+4.14 σ
 +4.40% 06 Nov
ENZL New Zealand 25.87
Fair
Fair
Fair
 26.72 27.57 21.79
-0.22 σ
-0.43 σ
+0.75 σ
 -0.97% 06 Nov
INDA India 23.86
Fair
Overvalued
Overvalued
 23.03 21.08 18.22
+0.64 σ
+1.20 σ
+1.92 σ
 +3.63% 06 Nov
VTI United States 22.83
Fair
Fair
Overvalued
 23.16 20.65 17.10
-0.12 σ
+0.73 σ
+1.80 σ
 +0.52% 06 Nov
EWT Taiwan 22.16
Overvalued
Expensive
Expensive
 17.00 15.58 14.35
+1.57 σ
+3.14 σ
+4.08 σ
 -5.07% 06 Nov
EWA Australia 20.99
Overvalued
Expensive
Expensive
 17.80 16.91 15.10
+1.16 σ
+2.01 σ
+3.13 σ
 +0.72% 06 Nov
EWC Canada 19.47
Overvalued
Expensive
Expensive
 16.56 15.56 14.57
+1.03 σ
+2.03 σ
+3.54 σ
 +2.56% 06 Nov
EWN Netherlands 18.05
Fair
Fair
Overvalued
 17.35 17.31 14.62
+0.47 σ
+0.38 σ
+1.37 σ
 -2.65% 06 Nov
EWG Germany 18.03
Overvalued
Expensive
Expensive
 14.69 14.10 12.62
+1.29 σ
+2.16 σ
+3.55 σ
 -1.53% 06 Nov
EWS Singapore 17.70
Overvalued
Expensive
Expensive
 14.13 13.59 13.46
+1.95 σ
+3.36 σ
+4.11 σ
 -2.06% 06 Nov
EWQ France 17.69
Fair
Overvalued
Overvalued
 16.70 15.77 13.63
+0.49 σ
+1.08 σ
+1.84 σ
 -4.62% 06 Nov
EDEN Denmark 17.46
Fair
Fair
Fair
 15.73 17.93 16.61
+0.90 σ
-0.17 σ
+0.47 σ
 +5.38% 06 Nov
EWU United Kingdom 16.85
Fair
Overvalued
Expensive
 14.05 13.53 12.48
+0.86 σ
+1.66 σ
+2.46 σ
 +0.38% 06 Nov
EIRL Ireland 16.51
Expensive
Fair
Fair
 14.50 15.52 16.26
+2.41 σ
+0.52 σ
+0.10 σ
 +6.42% 06 Nov
EWP Spain 15.93
Expensive
Expensive
Expensive
 11.39 12.10 11.65
+3.13 σ
+2.58 σ
+2.65 σ
 -0.32% 06 Nov
EIS Israel 15.79
Overvalued
Expensive
Expensive
 12.36 11.69 11.01
+1.37 σ
+2.75 σ
+3.04 σ
 -9.40% 06 Nov
EWK Belgium 15.36
Fair
Fair
Fair
 15.80 16.73 15.12
-0.18 σ
-0.72 σ
+0.09 σ
 +2.03% 06 Nov
EWD Sweden 15.13
Fair
Fair
Fair
 15.90 16.21 14.98
-0.38 σ
-0.69 σ
+0.09 σ
 +0.47% 06 Nov
EWI Italy 14.54
Overvalued
Overvalued
Expensive
 10.79 11.59 11.22
+1.89 σ
+1.83 σ
+2.02 σ
 -2.89% 06 Nov
VNM Vietnam 14.01
Fair
Undervalued
-
 14.80 16.93 -
-0.43 σ
-1.10 σ
-
 -4.11% 06 Nov
EWH Hong Kong 13.89
Undervalued
Undervalued
Undervalued
 15.39 15.41 15.25
-1.17 σ
-1.43 σ
-1.27 σ
 +2.42% 06 Nov
EWJ Japan 13.85
Fair
Fair
Fair
 15.03 14.65 14.43
-0.70 σ
-0.52 σ
-0.37 σ
 -4.01% 06 Nov
EWO Austria 13.64
Overvalued
Overvalued
Expensive
 8.82 9.83 9.97
+1.80 σ
+1.89 σ
+2.25 σ
 -1.75% 06 Nov
THD Thailand 13.57
Undervalued
Undervalued
Undervalued
 16.54 17.13 15.99
-1.73 σ
-1.88 σ
-1.06 σ
 -6.49% 06 Nov
NORW Norway 13.20
Overvalued
Fair
Fair
 10.79 12.66 11.70
+1.25 σ
+0.29 σ
+0.89 σ
 -1.28% 06 Nov
EWW Mexico 13.06
Overvalued
Fair
Fair
 12.33 13.37 14.24
+1.03 σ
-0.26 σ
-0.68 σ
 +0.72% 06 Nov
EPOL Poland 13.02
Overvalued
Overvalued
Overvalued
 10.14 11.13 11.49
+1.39 σ
+1.31 σ
+1.23 σ
 +5.53% 06 Nov
EWM Malaysia 13.00
Undervalued
Cheap
Cheap
 14.42 14.98 14.74
-1.69 σ
-2.37 σ
-2.26 σ
 -4.69% 06 Nov
GREK Greece 12.20
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.64 σ
+0.46 σ
+0.60 σ
 +4.55% 06 Nov
ECH Chile 11.72
Fair
Fair
Undervalued
 10.03 13.01 14.42
+0.72 σ
-0.47 σ
-1.49 σ
 -11.62% 06 Nov
ARGT Argentina 11.63
Fair
Fair
Fair
 13.23 12.88 10.86
-0.74 σ
-0.89 σ
+0.30 σ
 -19.56% 06 Nov
QAT Qatar 11.57
Fair
Undervalued
-
 12.09 13.27 -
-0.40 σ
-1.21 σ
-
 -2.84% 06 Nov
EZA South Africa 11.17
Fair
Fair
Fair
 10.70 11.75 11.88
+0.26 σ
-0.30 σ
-0.41 σ
 -1.85% 06 Nov
TUR Turkey 10.76
Overvalued
Expensive
Overvalued
 7.37 6.63 7.99
+1.07 σ
+2.55 σ
+1.66 σ
 -19.50% 06 Nov
COLO Colombia 9.84
Overvalued
Fair
Fair
 7.31 9.41 12.19
+1.51 σ
+0.20 σ
-0.86 σ
 +7.86% 06 Nov
FXI China 9.65
Fair
Fair
Fair
 9.77 11.05 10.92
-0.16 σ
-0.99 σ
-0.75 σ
 -1.65% 06 Nov
EPU Perù 8.14
Undervalued
Cheap
Cheap
 12.28 12.83 12.41
-1.99 σ
-3.02 σ
-3.04 σ
 -6.60% 06 Nov
EWZ Brazil 8.06
Fair
Undervalued
Undervalued
 8.31 10.01 10.15
-0.15 σ
-1.02 σ
-1.47 σ
 -13.90% 06 Nov
EPHE Philippines 7.77
Undervalued
Cheap
Cheap
 11.40 14.22 15.11
-1.79 σ
-2.31 σ
-3.14 σ
 -7.59% 06 Nov
EIDO Indonesia 7.60
Cheap
Cheap
Cheap
 12.20 13.80 13.65
-4.18 σ
-4.01 σ
-4.92 σ
 -26.78% 06 Nov
EWY South Korea 7.55
Undervalued
Cheap
Cheap
 10.81 10.38 9.97
-1.70 σ
-2.12 σ
-2.34 σ
 -16.19% 06 Nov
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).