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)
EWT Taiwan 28.25
Expensive
Expensive
Expensive
 16.79 15.51 14.32
+3.68 σ
+6.27 σ
+7.43 σ
 +29.78% 09:30 AM
ENZL New Zealand 24.43
Fair
Fair
Fair
 26.77 27.54 21.73
-0.61 σ
-0.78 σ
+0.50 σ
 -2.71% 09:30 AM
VTI United States 24.28
Fair
Overvalued
Expensive
 23.12 20.58 17.06
+0.43 σ
+1.22 σ
+2.29 σ
 +7.05% 09:30 AM
EWL Switzerland 23.19
Overvalued
Expensive
Expensive
 20.31 18.70 16.10
+1.10 σ
+2.14 σ
+2.94 σ
 -3.61% 09:30 AM
INDA India 20.94
Undervalued
Fair
Fair
 23.05 21.03 18.19
-1.64 σ
-0.04 σ
+0.94 σ
 -7.29% 09:30 AM
EWA Australia 19.66
Fair
Overvalued
Expensive
 17.72 16.86 15.06
+0.72 σ
+1.41 σ
+2.48 σ
 -1.57% 09:30 AM
EWJ Japan 19.12
Expensive
Expensive
Expensive
 15.04 14.64 14.45
+2.43 σ
+2.87 σ
+2.90 σ
 +8.44% 09:30 AM
EWN Netherlands 18.31
Fair
Fair
Overvalued
 17.40 17.28 14.59
+0.59 σ
+0.53 σ
+1.49 σ
 +3.44% 09:30 AM
EWC Canada 18.21
Fair
Overvalued
Expensive
 16.44 15.52 14.54
+0.63 σ
+1.43 σ
+2.70 σ
 +0.26% 09:30 AM
EWS Singapore 18.06
Expensive
Expensive
Expensive
 14.05 13.55 13.45
+2.26 σ
+3.78 σ
+4.51 σ
 +8.05% 09:30 AM
EWG Germany 17.14
Overvalued
Overvalued
Expensive
 14.59 14.05 12.60
+1.00 σ
+1.74 σ
+3.05 σ
 -3.48% 09:30 AM
EIS Israel 16.70
Overvalued
Expensive
Expensive
 12.29 11.63 11.00
+1.81 σ
+3.44 σ
+3.64 σ
 -3.94% 09:30 AM
EWQ France 16.16
Fair
Fair
Overvalued
 16.66 15.73 13.60
-0.25 σ
+0.24 σ
+1.17 σ
 -8.82% 09:30 AM
EWU United Kingdom 16.14
Fair
Overvalued
Expensive
 13.94 13.50 12.46
+0.68 σ
+1.34 σ
+2.10 σ
 -1.71% 09:30 AM
EDEN Denmark 15.28
Fair
Fair
Fair
 15.79 17.93 16.60
-0.25 σ
-0.98 σ
-0.73 σ
 -4.12% 09:30 AM
EIRL Ireland 15.01
Fair
Fair
Fair
 14.51 15.52 16.24
+0.59 σ
-0.27 σ
-0.52 σ
 +5.42% 09:30 AM
EWP Spain 15.00
Expensive
Expensive
Expensive
 11.34 12.08 11.64
+2.70 σ
+2.00 σ
+2.09 σ
 +0.25% 09:30 AM
THD Thailand 14.19
Undervalued
Undervalued
Fair
 16.67 17.15 15.98
-1.41 σ
-1.58 σ
-0.79 σ
 +2.75% 09:30 AM
EWD Sweden 14.11
Fair
Undervalued
Fair
 15.96 16.22 14.98
-0.90 σ
-1.35 σ
-0.55 σ
 -2.73% 09:30 AM
ARGT Argentina 14.10
Fair
Fair
Overvalued
 13.20 12.87 10.85
+0.41 σ
+0.87 σ
+1.27 σ
 -5.10% 09:30 AM
EWK Belgium 14.08
Fair
Undervalued
Fair
 15.88 16.76 15.10
-0.72 σ
-1.41 σ
-0.40 σ
 -3.03% 09:30 AM
EWI Italy 13.89
Overvalued
Overvalued
Overvalued
 10.74 11.57 11.21
+1.63 σ
+1.46 σ
+1.64 σ
 -2.93% 09:30 AM
VNM Vietnam 13.26
Fair
Undervalued
-
 14.89 16.92 -
-0.85 σ
-1.37 σ
-
 -6.88% 09:30 AM
EPOL Poland 13.01
Overvalued
Overvalued
Overvalued
 10.14 11.11 11.49
+1.39 σ
+1.33 σ
+1.23 σ
 +9.93% 09:30 AM
NORW Norway 12.57
Fair
Fair
Fair
 10.76 12.67 11.69
+0.96 σ
-0.05 σ
+0.53 σ
 -1.26% 09:30 AM
EWH Hong Kong 12.57
Cheap
Cheap
Cheap
 15.44 15.44 15.27
-2.30 σ
-2.73 σ
-2.52 σ
 -5.13% 09:30 AM
EWO Austria 12.28
Overvalued
Overvalued
Overvalued
 8.74 9.80 9.97
+1.37 σ
+1.25 σ
+1.42 σ
 +2.44% 09:30 AM
TUR Turkey 11.91
Overvalued
Expensive
Expensive
 7.26 6.60 7.99
+1.47 σ
+3.34 σ
+2.34 σ
 -13.93% 09:30 AM
EWW Mexico 11.91
Fair
Undervalued
Undervalued
 12.35 13.41 14.25
-0.60 σ
-1.19 σ
-1.34 σ
 -5.12% 09:30 AM
EWZ Brazil 11.73
Expensive
Fair
Overvalued
 8.29 10.06 10.14
+2.08 σ
+0.87 σ
+1.11 σ
 +15.91% 09:30 AM
ECH Chile 11.17
Fair
Fair
Undervalued
 10.03 13.05 14.45
+0.49 σ
-0.68 σ
-1.81 σ
 -8.80% 09:30 AM
GREK Greece 11.14
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.04 σ
-0.09 σ
+0.11 σ
 +10.08% 09:30 AM
QAT Qatar 10.55
Undervalued
Undervalued
-
 12.20 13.29 -
-1.19 σ
-1.98 σ
-
 -11.86% 09:30 AM
COLO Colombia 10.27
Overvalued
Fair
Fair
 7.29 9.43 12.22
+1.81 σ
+0.39 σ
-0.71 σ
 +13.57% 09:30 AM
EWY South Korea 10.12
Fair
Fair
Fair
 10.84 10.40 9.98
-0.38 σ
-0.21 σ
+0.14 σ
 +16.46% 09:30 AM
EIDO Indonesia 8.97
Cheap
Cheap
Cheap
 12.32 13.86 13.66
-3.00 σ
-3.18 σ
-3.85 σ
 -19.10% 09:30 AM
EPU Perù 8.75
Undervalued
Cheap
Cheap
 12.32 12.86 12.41
-1.74 σ
-2.70 σ
-2.60 σ
 +4.32% 09:30 AM
FXI China 8.73
Undervalued
Undervalued
Undervalued
 9.82 11.08 10.94
-1.42 σ
-1.68 σ
-1.30 σ
 -7.56% 09:30 AM
EZA South Africa 8.09
Undervalued
Undervalued
Cheap
 10.68 11.80 11.88
-1.41 σ
-1.90 σ
-2.19 σ
 -9.90% 09:30 AM
EWM Malaysia 7.50
Cheap
Cheap
Cheap
 14.44 15.01 14.74
-8.45 σ
-9.23 σ
-9.45 σ
 -6.38% 09:30 AM
EPHE Philippines 7.45
Undervalued
Cheap
Cheap
 11.56 14.31 15.13
-1.96 σ
-2.47 σ
-3.32 σ
 -9.49% 09:30 AM
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).