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 26.80
Fair
Fair
Fair
 26.98 27.41 21.39
-0.05 σ
-0.15 σ
+0.98 σ
 -3.26% 09:30 AM
VTI United States 25.96
Overvalued
Expensive
Expensive
 22.71 20.15 16.80
+1.28 σ
+2.02 σ
+3.11 σ
 +8.73% 09:30 AM
EWT Taiwan 24.46
Expensive
Expensive
Expensive
 16.11 15.15 14.13
+3.37 σ
+5.08 σ
+5.99 σ
 +35.07% 09:30 AM
EWL Switzerland 23.00
Overvalued
Expensive
Expensive
 19.89 18.37 15.90
+1.30 σ
+2.49 σ
+3.14 σ
 +6.04% 09:30 AM
INDA India 22.75
Fair
Fair
Overvalued
 23.07 20.77 18.01
-0.26 σ
+0.82 σ
+1.65 σ
 -8.37% 09:30 AM
EWY South Korea 20.46
Expensive
Expensive
Expensive
 10.49 10.27 9.93
+8.08 σ
+8.81 σ
+10.78 σ
 +66.42% 09:30 AM
EWA Australia 20.44
Overvalued
Expensive
Expensive
 17.33 16.64 14.90
+1.24 σ
+2.08 σ
+3.23 σ
 +4.01% 09:30 AM
EWC Canada 19.71
Overvalued
Expensive
Expensive
 15.99 15.38 14.44
+1.43 σ
+2.59 σ
+4.23 σ
 +9.23% 09:30 AM
EWN Netherlands 19.03
Fair
Overvalued
Overvalued
 17.66 17.02 14.40
+0.65 σ
+1.04 σ
+1.92 σ
 +12.03% 09:30 AM
EWK Belgium 18.60
Fair
Fair
Overvalued
 16.11 16.88 14.95
+0.94 σ
+0.89 σ
+1.39 σ
 +9.11% 09:30 AM
EWU United Kingdom 18.23
Overvalued
Expensive
Expensive
 13.44 13.41 12.35
+1.58 σ
+2.63 σ
+3.53 σ
 +6.27% 09:30 AM
EWG Germany 18.21
Overvalued
Expensive
Expensive
 14.26 13.78 12.49
+1.72 σ
+2.78 σ
+4.15 σ
 +1.99% 09:30 AM
EWH Hong Kong 18.14
Expensive
Expensive
Expensive
 15.47 15.34 15.24
+2.27 σ
+2.90 σ
+2.84 σ
 +5.64% 09:30 AM
EWJ Japan 18.14
Expensive
Expensive
Expensive
 14.84 14.40 14.43
+2.30 σ
+2.59 σ
+2.36 σ
 +7.47% 09:30 AM
EWQ France 18.13
Fair
Overvalued
Expensive
 16.58 15.52 13.45
+0.79 σ
+1.50 σ
+2.21 σ
 +0.74% 09:30 AM
EIS Israel 17.10
Expensive
Expensive
Expensive
 11.95 11.42 10.98
+2.55 σ
+4.26 σ
+4.01 σ
 +18.37% 09:30 AM
NORW Norway 17.07
Expensive
Expensive
Expensive
 10.79 12.66 11.61
+3.26 σ
+2.37 σ
+3.34 σ
 +20.95% 09:30 AM
EDEN Denmark 16.37
Fair
Fair
Fair
 16.28 18.06 16.55
+0.03 σ
-0.63 σ
-0.10 σ
 +0.65% 09:30 AM
VNM Vietnam 16.37
Fair
Fair
-
 15.32 16.73 -
+0.45 σ
-0.12 σ
-
 +4.14% 09:30 AM
EWS Singapore 16.30
Overvalued
Expensive
Expensive
 13.77 13.36 13.39
+1.66 σ
+2.74 σ
+3.02 σ
 +3.47% 09:30 AM
THD Thailand 16.13
Fair
Fair
Fair
 17.23 17.41 15.89
-0.54 σ
-0.64 σ
+0.10 σ
 +12.71% 09:30 AM
EWD Sweden 15.78
Fair
Fair
Fair
 16.33 16.19 14.90
-0.25 σ
-0.27 σ
+0.55 σ
 +3.56% 09:30 AM
ARGT Argentina 15.32
Overvalued
Overvalued
Overvalued
 12.85 12.63 10.73
+1.19 σ
+1.98 σ
+1.79 σ
 +3.30% 09:30 AM
EWP Spain 15.16
Expensive
Expensive
Expensive
 11.29 11.94 11.58
+3.11 σ
+2.48 σ
+2.34 σ
 +7.38% 09:30 AM
TUR Turkey 15.08
Expensive
Expensive
Expensive
 6.38 6.45 7.94
+3.69 σ
+6.88 σ
+4.40 σ
 +6.44% 09:30 AM
EWM Malaysia 14.89
Fair
Fair
Fair
 14.43 15.09 14.73
+0.58 σ
-0.26 σ
+0.21 σ
 +6.30% 09:30 AM
EIRL Ireland 14.53
Fair
Fair
Fair
 14.83 15.54 16.17
-0.19 σ
-0.54 σ
-0.68 σ
 +4.70% 09:30 AM
EWI Italy 14.50
Expensive
Expensive
Expensive
 10.61 11.46 11.17
+2.19 σ
+2.02 σ
+2.09 σ
 +8.32% 09:30 AM
EWO Austria 14.27
Expensive
Expensive
Expensive
 8.41 9.65 9.95
+2.82 σ
+2.49 σ
+2.69 σ
 +14.41% 09:30 AM
EPU Perù 13.70
Fair
Fair
Fair
 12.13 12.84 12.31
+0.78 σ
+0.58 σ
+0.97 σ
 +12.62% 09:30 AM
ECH Chile 12.99
Overvalued
Fair
Fair
 10.12 13.15 14.55
+1.18 σ
-0.06 σ
-0.86 σ
 +5.51% 09:30 AM
EWW Mexico 12.87
Fair
Fair
Fair
 12.53 13.63 14.27
+0.38 σ
-0.53 σ
-0.81 σ
 +9.08% 09:30 AM
EPOL Poland 12.50
Overvalued
Overvalued
Fair
 10.13 11.05 11.45
+1.15 σ
+1.05 σ
+0.85 σ
 +11.62% 09:30 AM
EWZ Brazil 11.96
Expensive
Fair
Overvalued
 8.01 10.05 10.04
+2.94 σ
+1.00 σ
+1.31 σ
 +7.65% 09:30 AM
QAT Qatar 11.20
Fair
Undervalued
-
 12.78 13.38 -
-0.84 σ
-1.66 σ
-
 -3.63% 09:30 AM
COLO Colombia 11.06
Expensive
Fair
Fair
 7.21 9.45 12.35
+2.53 σ
+0.73 σ
-0.46 σ
 -0.34% 09:30 AM
GREK Greece 10.66
Fair
Fair
Fair
 9.40 11.35 10.93
+0.68 σ
-0.35 σ
-0.12 σ
 +4.81% 09:30 AM
FXI China 9.67
Fair
Undervalued
Fair
 10.10 11.17 11.00
-0.43 σ
-1.12 σ
-0.79 σ
 -7.68% 09:30 AM
EIDO Indonesia 9.62
Cheap
Cheap
Cheap
 12.74 14.10 13.67
-2.53 σ
-3.07 σ
-3.37 σ
 -25.45% 09:30 AM
EZA South Africa 9.59
Fair
Undervalued
Undervalued
 10.73 12.08 11.91
-0.63 σ
-1.27 σ
-1.37 σ
 +0.59% 09:30 AM
EPHE Philippines 8.18
Undervalued
Cheap
Cheap
 12.38 14.76 15.18
-1.71 σ
-2.47 σ
-3.15 σ
 -3.75% 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).