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 26.39
Expensive
Expensive
Expensive
 16.79 15.51 14.32
+3.08 σ
+5.35 σ
+6.44 σ
 +16.38% 16 Oct
ENZL New Zealand 25.79
Fair
Fair
Fair
 26.77 27.54 21.73
-0.26 σ
-0.44 σ
+0.75 σ
 -1.46% 16 Oct
EWL Switzerland 25.30
Overvalued
Expensive
Expensive
 20.31 18.70 16.10
+1.91 σ
+3.15 σ
+3.82 σ
 +1.00% 16 Oct
VTI United States 23.82
Fair
Overvalued
Expensive
 23.12 20.58 17.06
+0.26 σ
+1.07 σ
+2.15 σ
 +4.62% 16 Oct
INDA India 22.34
Fair
Fair
Overvalued
 23.05 21.03 18.19
-0.55 σ
+0.56 σ
+1.42 σ
 -3.73% 16 Oct
EWA Australia 20.67
Overvalued
Overvalued
Expensive
 17.72 16.86 15.06
+1.09 σ
+1.92 σ
+3.02 σ
 -0.08% 16 Oct
EWC Canada 19.67
Overvalued
Expensive
Expensive
 16.44 15.52 14.54
+1.15 σ
+2.21 σ
+3.79 σ
 +4.47% 16 Oct
EWS Singapore 18.63
Expensive
Expensive
Expensive
 14.05 13.55 13.45
+2.58 σ
+4.26 σ
+5.07 σ
 +3.76% 16 Oct
EWN Netherlands 18.50
Fair
Fair
Overvalued
 17.40 17.28 14.59
+0.71 σ
+0.62 σ
+1.56 σ
 +0.22% 16 Oct
EWG Germany 18.03
Overvalued
Expensive
Expensive
 14.59 14.05 12.60
+1.35 σ
+2.24 σ
+3.64 σ
 -1.78% 16 Oct
EWQ France 17.37
Fair
Fair
Overvalued
 16.66 15.73 13.60
+0.35 σ
+0.92 σ
+1.72 σ
 -6.83% 16 Oct
EWU United Kingdom 17.14
Fair
Overvalued
Expensive
 13.94 13.50 12.46
+0.99 σ
+1.84 σ
+2.66 σ
 +2.52% 16 Oct
EIS Israel 16.95
Overvalued
Expensive
Expensive
 12.29 11.63 11.00
+1.91 σ
+3.61 σ
+3.80 σ
 -2.72% 16 Oct
EDEN Denmark 16.40
Fair
Fair
Fair
 15.79 17.93 16.60
+0.30 σ
-0.57 σ
-0.11 σ
 -1.34% 16 Oct
EIRL Ireland 16.04
Overvalued
Fair
Fair
 14.51 15.52 16.24
+1.80 σ
+0.28 σ
-0.09 σ
 +4.17% 16 Oct
EWP Spain 16.04
Expensive
Expensive
Expensive
 11.34 12.08 11.64
+3.46 σ
+2.71 σ
+2.74 σ
 +0.77% 16 Oct
EWD Sweden 14.96
Fair
Fair
Fair
 15.96 16.22 14.98
-0.49 σ
-0.81 σ
-0.01 σ
 -0.51% 16 Oct
EWJ Japan 14.89
Fair
Fair
Fair
 15.04 14.64 14.45
-0.09 σ
+0.16 σ
+0.27 σ
 +4.01% 16 Oct
THD Thailand 14.71
Undervalued
Undervalued
Fair
 16.67 17.15 15.98
-1.11 σ
-1.30 σ
-0.56 σ
 +2.31% 16 Oct
EWK Belgium 14.66
Fair
Undervalued
Fair
 15.88 16.76 15.10
-0.48 σ
-1.11 σ
-0.17 σ
 -2.23% 16 Oct
EWI Italy 14.52
Overvalued
Overvalued
Expensive
 10.74 11.57 11.21
+1.96 σ
+1.86 σ
+2.03 σ
 -2.87% 16 Oct
ARGT Argentina 13.89
Fair
Fair
Overvalued
 13.20 12.87 10.85
+0.31 σ
+0.72 σ
+1.18 σ
 -4.80% 16 Oct
EWO Austria 13.88
Overvalued
Expensive
Expensive
 8.74 9.80 9.97
+1.98 σ
+2.06 σ
+2.39 σ
 +0.62% 16 Oct
EPOL Poland 13.56
Overvalued
Overvalued
Overvalued
 10.14 11.11 11.49
+1.65 σ
+1.71 σ
+1.67 σ
 +11.47% 16 Oct
NORW Norway 13.56
Overvalued
Fair
Overvalued
 10.76 12.67 11.69
+1.48 σ
+0.47 σ
+1.12 σ
 +2.83% 16 Oct
VNM Vietnam 13.45
Fair
Undervalued
-
 14.89 16.92 -
-0.76 σ
-1.30 σ
-
 -8.91% 16 Oct
EWH Hong Kong 13.16
Undervalued
Cheap
Undervalued
 15.44 15.44 15.27
-1.83 σ
-2.17 σ
-1.97 σ
 -2.96% 16 Oct
EWM Malaysia 12.77
Cheap
Cheap
Cheap
 14.44 15.01 14.74
-2.03 σ
-2.74 σ
-2.57 σ
 -6.64% 16 Oct
EWW Mexico 12.75
Fair
Fair
Fair
 12.35 13.41 14.25
+0.55 σ
-0.52 σ
-0.86 σ
 -1.33% 16 Oct
GREK Greece 12.36
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.73 σ
+0.54 σ
+0.68 σ
 +7.07% 16 Oct
ECH Chile 12.15
Fair
Fair
Undervalued
 10.03 13.05 14.45
+0.91 σ
-0.33 σ
-1.27 σ
 -9.55% 16 Oct
TUR Turkey 11.19
Overvalued
Expensive
Overvalued
 7.26 6.60 7.99
+1.24 σ
+2.89 σ
+1.91 σ
 -17.33% 16 Oct
EZA South Africa 10.88
Fair
Fair
Fair
 10.68 11.80 11.88
+0.11 σ
-0.47 σ
-0.58 σ
 -5.27% 16 Oct
EWZ Brazil 10.54
Overvalued
Fair
Fair
 8.29 10.06 10.14
+1.36 σ
+0.25 σ
+0.28 σ
 +13.24% 16 Oct
COLO Colombia 10.39
Overvalued
Fair
Fair
 7.29 9.43 12.22
+1.88 σ
+0.44 σ
-0.67 σ
 +15.78% 16 Oct
QAT Qatar 10.26
Undervalued
Cheap
-
 12.20 13.29 -
-1.40 σ
-2.20 σ
-
 -15.00% 16 Oct
FXI China 9.35
Fair
Undervalued
Fair
 9.82 11.08 10.94
-0.61 σ
-1.24 σ
-0.94 σ
 -6.03% 16 Oct
EPU Perù 9.06
Undervalued
Cheap
Cheap
 12.32 12.86 12.41
-1.59 σ
-2.49 σ
-2.38 σ
 +4.39% 16 Oct
EWY South Korea 8.29
Undervalued
Undervalued
Undervalued
 10.84 10.40 9.98
-1.35 σ
-1.59 σ
-1.65 σ
 -6.08% 16 Oct
EPHE Philippines 7.77
Undervalued
Cheap
Cheap
 11.56 14.31 15.13
-1.81 σ
-2.36 σ
-3.18 σ
 -8.52% 16 Oct
EIDO Indonesia 7.50
Cheap
Cheap
Cheap
 12.32 13.86 13.66
-4.32 σ
-4.14 σ
-5.05 σ
 -31.06% 16 Oct
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).