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)
EWL Switzerland 26.14
Expensive
Expensive
Expensive
 20.40 18.77 16.13
+2.15 σ
+3.45 σ
+4.08 σ
 +4.03% 03 Nov
ENZL New Zealand 25.50
Fair
Fair
Fair
 26.72 27.57 21.79
-0.32 σ
-0.53 σ
+0.68 σ
 -2.43% 03 Nov
EWT Taiwan 24.41
Expensive
Expensive
Expensive
 17.00 15.58 14.35
+2.25 σ
+4.21 σ
+5.25 σ
 +4.93% 03 Nov
VTI United States 23.42
Fair
Fair
Overvalued
 23.16 20.65 17.10
+0.09 σ
+0.92 σ
+1.99 σ
 +3.22% 03 Nov
INDA India 22.83
Fair
Fair
Overvalued
 23.03 21.08 18.22
-0.15 σ
+0.76 σ
+1.57 σ
 -0.87% 03 Nov
EWA Australia 20.92
Overvalued
Overvalued
Expensive
 17.80 16.91 15.10
+1.14 σ
+1.98 σ
+3.09 σ
 +0.55% 03 Nov
EWC Canada 19.55
Overvalued
Expensive
Expensive
 16.56 15.56 14.57
+1.06 σ
+2.08 σ
+3.60 σ
 +3.17% 03 Nov
EWN Netherlands 18.31
Fair
Fair
Overvalued
 17.35 17.31 14.62
+0.64 σ
+0.51 σ
+1.47 σ
 -1.20% 03 Nov
EWG Germany 18.24
Overvalued
Expensive
Expensive
 14.69 14.10 12.62
+1.37 σ
+2.27 σ
+3.69 σ
 -0.40% 03 Nov
EWS Singapore 17.97
Expensive
Expensive
Expensive
 14.13 13.59 13.46
+2.09 σ
+3.58 σ
+4.37 σ
 -0.48% 03 Nov
EWQ France 17.54
Fair
Overvalued
Overvalued
 16.70 15.77 13.63
+0.42 σ
+1.00 σ
+1.78 σ
 -5.45% 03 Nov
EDEN Denmark 17.41
Fair
Fair
Fair
 15.73 17.93 16.61
+0.87 σ
-0.20 σ
+0.44 σ
 +5.00% 03 Nov
EWU United Kingdom 16.88
Fair
Overvalued
Expensive
 14.05 13.53 12.48
+0.87 σ
+1.68 σ
+2.48 σ
 +0.65% 03 Nov
EIRL Ireland 16.34
Expensive
Fair
Fair
 14.50 15.52 16.26
+2.22 σ
+0.44 σ
+0.03 σ
 +5.56% 03 Nov
EIS Israel 16.10
Overvalued
Expensive
Expensive
 12.36 11.69 11.01
+1.49 σ
+2.96 σ
+3.24 σ
 -7.68% 03 Nov
EWP Spain 15.67
Expensive
Expensive
Expensive
 11.39 12.10 11.65
+2.95 σ
+2.40 σ
+2.49 σ
 -1.86% 03 Nov
EWD Sweden 15.36
Fair
Fair
Fair
 15.90 16.21 14.98
-0.27 σ
-0.55 σ
+0.24 σ
 +2.05% 03 Nov
EWK Belgium 15.05
Fair
Fair
Fair
 15.80 16.73 15.12
-0.30 σ
-0.88 σ
-0.03 σ
 +0.07% 03 Nov
EWJ Japan 14.53
Fair
Fair
Fair
 15.03 14.65 14.43
-0.30 σ
-0.08 σ
+0.06 σ
 +0.79% 03 Nov
EWI Italy 14.50
Overvalued
Overvalued
Overvalued
 10.79 11.59 11.22
+1.87 σ
+1.81 σ
+2.00 σ
 -3.09% 03 Nov
THD Thailand 13.83
Undervalued
Undervalued
Fair
 16.54 17.13 15.99
-1.58 σ
-1.74 σ
-0.95 σ
 -4.66% 03 Nov
NORW Norway 13.75
Overvalued
Fair
Overvalued
 10.79 12.66 11.70
+1.54 σ
+0.58 σ
+1.22 σ
 +3.08% 03 Nov
EWO Austria 13.61
Overvalued
Overvalued
Expensive
 8.82 9.83 9.97
+1.79 σ
+1.88 σ
+2.23 σ
 -1.81% 03 Nov
VNM Vietnam 13.46
Fair
Undervalued
-
 14.80 16.93 -
-0.72 σ
-1.30 σ
-
 -8.06% 03 Nov
EWH Hong Kong 13.37
Undervalued
Undervalued
Undervalued
 15.39 15.41 15.25
-1.58 σ
-1.92 σ
-1.75 σ
 -1.39% 03 Nov
EPOL Poland 12.99
Overvalued
Overvalued
Overvalued
 10.14 11.13 11.49
+1.38 σ
+1.28 σ
+1.20 σ
 +5.51% 03 Nov
EWM Malaysia 12.96
Undervalued
Cheap
Cheap
 14.42 14.98 14.74
-1.75 σ
-2.42 σ
-2.32 σ
 -5.06% 03 Nov
EWW Mexico 12.71
Fair
Fair
Fair
 12.33 13.37 14.24
+0.55 σ
-0.54 σ
-0.87 σ
 -1.90% 03 Nov
ARGT Argentina 12.35
Fair
Fair
Fair
 13.23 12.88 10.86
-0.40 σ
-0.37 σ
+0.58 σ
 -14.78% 03 Nov
GREK Greece 12.18
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.63 σ
+0.45 σ
+0.60 σ
 +4.61% 03 Nov
ECH Chile 11.53
Fair
Fair
Undervalued
 10.03 13.01 14.42
+0.64 σ
-0.54 σ
-1.60 σ
 -13.35% 03 Nov
QAT Qatar 11.13
Fair
Undervalued
-
 12.09 13.27 -
-0.74 σ
-1.52 σ
-
 -6.71% 03 Nov
EZA South Africa 10.49
Fair
Fair
Fair
 10.70 11.75 11.88
-0.12 σ
-0.65 σ
-0.80 σ
 -7.98% 03 Nov
TUR Turkey 10.39
Fair
Expensive
Overvalued
 7.37 6.63 7.99
+0.95 σ
+2.32 σ
+1.44 σ
 -22.49% 03 Nov
COLO Colombia 9.87
Overvalued
Fair
Fair
 7.31 9.41 12.19
+1.53 σ
+0.21 σ
-0.85 σ
 +8.37% 03 Nov
FXI China 9.17
Fair
Undervalued
Undervalued
 9.77 11.05 10.92
-0.81 σ
-1.34 σ
-1.03 σ
 -6.77% 03 Nov
EWY South Korea 8.55
Undervalued
Undervalued
Undervalued
 10.81 10.38 9.97
-1.18 σ
-1.37 σ
-1.38 σ
 -4.92% 03 Nov
EPU Perù 8.12
Undervalued
Cheap
Cheap
 12.28 12.83 12.41
-2.00 σ
-3.03 σ
-3.05 σ
 -6.88% 03 Nov
EWZ Brazil 7.99
Fair
Undervalued
Undervalued
 8.31 10.01 10.15
-0.19 σ
-1.05 σ
-1.51 σ
 -14.68% 03 Nov
EPHE Philippines 7.56
Undervalued
Cheap
Cheap
 11.40 14.22 15.11
-1.90 σ
-2.39 σ
-3.24 σ
 -10.32% 03 Nov
EIDO Indonesia 7.29
Cheap
Cheap
Cheap
 12.20 13.80 13.65
-4.46 σ
-4.21 σ
-5.17 σ
 -30.45% 03 Nov
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).