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 29.56
Expensive
Expensive
Expensive
 16.46 15.36 14.24
+4.64 σ
+7.37 σ
+8.46 σ
 +33.61% 09:30 AM
VTI United States 27.37
Overvalued
Expensive
Expensive
 23.01 20.44 16.95
+1.62 σ
+2.31 σ
+3.39 σ
 +10.04% 09:30 AM
ENZL New Zealand 26.76
Fair
Fair
Fair
 26.88 27.50 21.60
-0.03 σ
-0.19 σ
+0.94 σ
 +3.89% 09:30 AM
EWL Switzerland 25.39
Expensive
Expensive
Expensive
 20.13 18.57 16.02
+2.08 σ
+3.41 σ
+4.00 σ
 +3.84% 09:30 AM
INDA India 22.58
Fair
Fair
Overvalued
 23.13 20.95 18.14
-0.43 σ
+0.69 σ
+1.53 σ
 -1.54% 09:30 AM
EWN Netherlands 21.48
Expensive
Expensive
Expensive
 17.47 17.18 14.52
+2.39 σ
+2.19 σ
+2.83 σ
 +14.53% 09:30 AM
EWC Canada 20.85
Overvalued
Expensive
Expensive
 16.25 15.47 14.50
+1.67 σ
+2.99 σ
+4.89 σ
 +10.96% 09:30 AM
EWA Australia 20.81
Overvalued
Expensive
Expensive
 17.56 16.79 14.99
+1.23 σ
+2.09 σ
+3.23 σ
 +5.14% 09:30 AM
EWS Singapore 19.44
Expensive
Expensive
Expensive
 13.92 13.47 13.43
+3.33 σ
+5.26 σ
+6.03 σ
 +16.71% 09:30 AM
EWJ Japan 19.37
Expensive
Expensive
Expensive
 14.93 14.55 14.44
+2.87 σ
+3.20 σ
+3.09 σ
 +11.61% 09:30 AM
EWQ France 18.10
Fair
Overvalued
Expensive
 16.64 15.67 13.54
+0.72 σ
+1.37 σ
+2.10 σ
 +4.36% 09:30 AM
EWY South Korea 17.95
Expensive
Expensive
Expensive
 10.71 10.36 9.97
+4.41 σ
+5.94 σ
+7.88 σ
 +32.75% 09:30 AM
EWG Germany 17.91
Overvalued
Expensive
Expensive
 14.46 13.95 12.56
+1.40 σ
+2.32 σ
+3.72 σ
 +4.85% 09:30 AM
EWH Hong Kong 17.72
Overvalued
Expensive
Expensive
 15.48 15.44 15.28
+1.88 σ
+2.25 σ
+2.33 σ
 -0.53% 09:30 AM
EIS Israel 17.30
Expensive
Expensive
Expensive
 12.11 11.54 10.99
+2.33 σ
+4.09 σ
+4.09 σ
 +3.20% 09:30 AM
EDEN Denmark 16.83
Fair
Fair
Fair
 15.95 17.97 16.58
+0.41 σ
-0.42 σ
+0.14 σ
 +5.01% 09:30 AM
EIRL Ireland 16.10
Overvalued
Fair
Fair
 14.57 15.53 16.21
+1.58 σ
+0.30 σ
-0.05 σ
 +11.94% 09:30 AM
EWP Spain 16.00
Expensive
Expensive
Expensive
 11.30 12.03 11.62
+3.69 σ
+2.84 σ
+2.77 σ
 +11.74% 09:30 AM
EWK Belgium 15.65
Fair
Fair
Fair
 16.04 16.85 15.06
-0.15 σ
-0.62 σ
+0.23 σ
 +5.55% 09:30 AM
EWU United Kingdom 15.59
Fair
Overvalued
Overvalued
 13.77 13.50 12.42
+0.56 σ
+1.07 σ
+1.84 σ
 +5.20% 09:30 AM
ARGT Argentina 15.45
Overvalued
Overvalued
Overvalued
 13.09 12.79 10.86
+1.09 σ
+1.90 σ
+1.77 σ
 -1.74% 09:30 AM
EWI Italy 15.26
Expensive
Expensive
Expensive
 10.66 11.52 11.19
+2.50 σ
+2.41 σ
+2.52 σ
 +11.65% 09:30 AM
TUR Turkey 14.99
Expensive
Expensive
Expensive
 6.92 6.52 7.98
+2.74 σ
+6.10 σ
+4.24 σ
 +2.50% 09:30 AM
EPOL Poland 14.62
Expensive
Expensive
Expensive
 10.11 11.08 11.47
+2.21 σ
+2.52 σ
+2.57 σ
 +16.64% 09:30 AM
THD Thailand 14.48
Undervalued
Undervalued
Fair
 16.94 17.25 15.96
-1.34 σ
-1.47 σ
-0.64 σ
 +9.54% 09:30 AM
EWD Sweden 14.39
Fair
Undervalued
Fair
 16.13 16.24 14.96
-0.83 σ
-1.20 σ
-0.36 σ
 +3.90% 09:30 AM
VNM Vietnam 14.12
Fair
Undervalued
-
 15.09 16.87 -
-0.47 σ
-1.01 σ
-
 -5.67% 09:30 AM
EPU Perù 13.87
Fair
Fair
Overvalued
 12.23 12.88 12.38
+0.80 σ
+0.67 σ
+1.05 σ
 +11.61% 09:30 AM
EWM Malaysia 13.47
Undervalued
Cheap
Undervalued
 14.44 15.06 14.74
-1.21 σ
-2.02 σ
-1.65 σ
 -0.11% 09:30 AM
NORW Norway 13.26
Overvalued
Fair
Fair
 10.79 12.68 11.66
+1.28 σ
+0.31 σ
+0.96 σ
 +7.74% 09:30 AM
EWO Austria 13.25
Overvalued
Overvalued
Expensive
 8.61 9.74 9.96
+1.90 σ
+1.82 σ
+2.03 σ
 +16.26% 09:30 AM
ECH Chile 12.18
Fair
Fair
Undervalued
 10.07 13.12 14.51
+0.90 σ
-0.34 σ
-1.28 σ
 -0.09% 09:30 AM
EWW Mexico 11.84
Fair
Undervalued
Undervalued
 12.43 13.50 14.27
-0.75 σ
-1.27 σ
-1.41 σ
 +0.34% 09:30 AM
COLO Colombia 11.47
Expensive
Fair
Fair
 7.24 9.44 12.29
+2.70 σ
+0.93 σ
-0.29 σ
 +21.78% 09:30 AM
GREK Greece 11.43
Overvalued
Fair
Fair
 9.34 11.33 10.91
+1.17 σ
+0.05 σ
+0.24 σ
 +17.56% 09:30 AM
EWZ Brazil 11.07
Overvalued
Fair
Fair
 8.16 10.08 10.11
+1.89 σ
+0.51 σ
+0.67 σ
 -4.82% 09:30 AM
QAT Qatar 10.87
Fair
Undervalued
-
 12.43 13.34 -
-0.98 σ
-1.83 σ
-
 -6.89% 09:30 AM
FXI China 9.61
Fair
Undervalued
Fair
 9.91 11.13 10.97
-0.37 σ
-1.11 σ
-0.80 σ
 -5.12% 09:30 AM
EIDO Indonesia 9.54
Cheap
Cheap
Cheap
 12.48 13.96 13.66
-2.58 σ
-2.92 σ
-3.40 σ
 -19.95% 09:30 AM
EZA South Africa 8.91
Fair
Undervalued
Undervalued
 10.70 11.92 11.90
-0.99 σ
-1.54 σ
-1.75 σ
 -0.25% 09:30 AM
EPHE Philippines 8.49
Undervalued
Cheap
Cheap
 11.90 14.49 15.15
-1.50 σ
-2.19 σ
-2.93 σ
 +1.07% 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).