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 28.36
Fair
Fair
Overvalued
 26.98 27.41 21.39
+0.36 σ
+0.24 σ
+1.26 σ
 +0.25% 07 May
EWT Taiwan 26.12
Expensive
Expensive
Expensive
 16.11 15.15 14.13
+4.04 σ
+5.98 σ
+6.95 σ
 +41.02% 09:30 AM
VTI United States 25.89
Overvalued
Overvalued
Expensive
 22.71 20.15 16.80
+1.25 σ
+1.99 σ
+3.09 σ
 +9.19% 09:30 AM
EWL Switzerland 22.64
Overvalued
Expensive
Expensive
 19.89 18.37 15.90
+1.15 σ
+2.29 σ
+2.98 σ
 +5.66% 09:30 AM
INDA India 21.53
Undervalued
Fair
Overvalued
 23.07 20.77 18.01
-1.21 σ
+0.31 σ
+1.23 σ
 -4.58% 09:30 AM
EWY South Korea 21.41
Expensive
Expensive
Expensive
 10.49 10.27 9.93
+8.85 σ
+9.64 σ
+11.76 σ
 +75.57% 09:30 AM
EWA Australia 20.39
Overvalued
Expensive
Expensive
 17.33 16.64 14.90
+1.21 σ
+2.06 σ
+3.20 σ
 +8.08% 09:30 AM
EWC Canada 19.30
Overvalued
Expensive
Expensive
 15.99 15.38 14.44
+1.27 σ
+2.35 σ
+3.90 σ
 +9.39% 09:30 AM
EIS Israel 18.78
Expensive
Expensive
Expensive
 11.95 11.42 10.98
+3.39 σ
+5.52 σ
+5.11 σ
 +24.67% 09:30 AM
EWH Hong Kong 18.39
Expensive
Expensive
Expensive
 15.47 15.34 15.24
+2.49 σ
+3.16 σ
+3.09 σ
 +9.14% 09:30 AM
EWN Netherlands 18.37
Fair
Fair
Overvalued
 17.66 17.02 14.40
+0.34 σ
+0.70 σ
+1.65 σ
 +11.83% 09:30 AM
EWK Belgium 18.16
Fair
Fair
Overvalued
 16.11 16.88 14.95
+0.77 σ
+0.66 σ
+1.22 σ
 +6.97% 09:30 AM
EWJ Japan 17.89
Expensive
Expensive
Expensive
 14.84 14.40 14.43
+2.12 σ
+2.42 σ
+2.20 σ
 +10.64% 09:30 AM
EWQ France 17.73
Fair
Overvalued
Expensive
 16.58 15.52 13.45
+0.58 σ
+1.27 σ
+2.02 σ
 +2.98% 09:30 AM
EWU United Kingdom 17.51
Overvalued
Expensive
Expensive
 13.44 13.41 12.35
+1.34 σ
+2.24 σ
+3.10 σ
 +6.12% 09:30 AM
EWG Germany 17.21
Overvalued
Expensive
Expensive
 14.26 13.78 12.49
+1.29 σ
+2.16 σ
+3.43 σ
 +2.23% 09:30 AM
NORW Norway 17.21
Expensive
Expensive
Expensive
 10.79 12.66 11.61
+3.33 σ
+2.45 σ
+3.43 σ
 +18.44% 09:30 AM
EWD Sweden 16.85
Fair
Fair
Overvalued
 16.33 16.19 14.90
+0.23 σ
+0.42 σ
+1.22 σ
 +4.29% 09:30 AM
TUR Turkey 16.40
Expensive
Expensive
Expensive
 6.38 6.45 7.94
+4.24 σ
+7.92 σ
+5.21 σ
 +19.42% 09:30 AM
VNM Vietnam 16.26
Fair
Fair
-
 15.32 16.73 -
+0.40 σ
-0.16 σ
-
 +8.54% 09:30 AM
EWM Malaysia 15.83
Overvalued
Fair
Overvalued
 14.43 15.09 14.73
+1.73 σ
+0.97 σ
+1.39 σ
 +11.03% 09:30 AM
THD Thailand 15.81
Fair
Fair
Fair
 17.23 17.41 15.89
-0.69 σ
-0.80 σ
-0.03 σ
 +14.22% 09:30 AM
EWS Singapore 15.78
Overvalued
Expensive
Expensive
 13.77 13.36 13.39
+1.32 σ
+2.26 σ
+2.48 σ
 +2.01% 09:30 AM
EDEN Denmark 15.40
Fair
Fair
Fair
 16.28 18.06 16.55
-0.34 σ
-1.00 σ
-0.62 σ
 -0.28% 09:30 AM
ARGT Argentina 15.33
Overvalued
Overvalued
Overvalued
 12.85 12.63 10.73
+1.20 σ
+1.99 σ
+1.80 σ
 +3.92% 09:30 AM
EWO Austria 14.76
Expensive
Expensive
Expensive
 8.41 9.65 9.95
+3.06 σ
+2.76 σ
+3.00 σ
 +16.53% 09:30 AM
EWP Spain 14.55
Expensive
Expensive
Overvalued
 11.29 11.94 11.58
+2.62 σ
+2.01 σ
+1.94 σ
 +9.94% 09:30 AM
EPU Perù 14.51
Overvalued
Overvalued
Overvalued
 12.13 12.84 12.31
+1.19 σ
+1.14 σ
+1.54 σ
 +17.66% 09:30 AM
EWW Mexico 14.38
Expensive
Fair
Fair
 12.53 13.63 14.27
+2.05 σ
+0.53 σ
+0.07 σ
 +14.38% 09:30 AM
EWI Italy 13.89
Overvalued
Overvalued
Overvalued
 10.61 11.46 11.17
+1.85 σ
+1.61 σ
+1.71 σ
 +10.59% 09:30 AM
EIRL Ireland 13.82
Fair
Fair
Fair
 14.83 15.54 16.17
-0.65 σ
-0.92 σ
-0.97 σ
 +6.49% 09:30 AM
ECH Chile 13.50
Overvalued
Fair
Fair
 10.12 13.15 14.55
+1.39 σ
+0.13 σ
-0.58 σ
 +10.05% 09:30 AM
EWZ Brazil 12.61
Expensive
Overvalued
Overvalued
 8.01 10.05 10.04
+3.43 σ
+1.34 σ
+1.76 σ
 +17.05% 09:30 AM
EPOL Poland 12.15
Fair
Fair
Fair
 10.13 11.05 11.45
+0.98 σ
+0.80 σ
+0.57 σ
 +11.30% 09:30 AM
QAT Qatar 10.96
Fair
Undervalued
-
 12.78 13.38 -
-0.97 σ
-1.85 σ
-
 -1.01% 07 May
COLO Colombia 10.81
Expensive
Fair
Fair
 7.21 9.45 12.35
+2.36 σ
+0.62 σ
-0.54 σ
 +3.68% 09:30 AM
EIDO Indonesia 10.70
Undervalued
Cheap
Cheap
 12.74 14.10 13.67
-1.65 σ
-2.32 σ
-2.47 σ
 -15.45% 09:30 AM
GREK Greece 10.37
Fair
Fair
Fair
 9.40 11.35 10.93
+0.52 σ
-0.50 σ
-0.26 σ
 +8.33% 09:30 AM
FXI China 10.11
Fair
Fair
Fair
 10.10 11.17 11.00
+0.01 σ
-0.79 σ
-0.53 σ
 -2.86% 09:30 AM
EZA South Africa 9.74
Fair
Undervalued
Undervalued
 10.73 12.08 11.91
-0.55 σ
-1.19 σ
-1.28 σ
 +6.61% 09:30 AM
EPHE Philippines 8.84
Undervalued
Cheap
Cheap
 12.38 14.76 15.18
-1.44 σ
-2.22 σ
-2.85 σ
 -0.95% 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).