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 30.91
Expensive
Expensive
Expensive
 16.33 15.29 14.20
+5.40 σ
+8.28 σ
+9.37 σ
 +38.59% 10 Jul
ENZL New Zealand 27.05
Fair
Fair
Overvalued
 26.90 27.47 21.53
+0.04 σ
-0.11 σ
+1.00 σ
 +2.25% 10 Jul
VTI United States 26.81
Overvalued
Expensive
Expensive
 22.92 20.34 16.90
+1.46 σ
+2.18 σ
+3.27 σ
 +8.85% 10 Jul
EWL Switzerland 24.53
Overvalued
Expensive
Expensive
 20.06 18.51 15.98
+1.80 σ
+3.08 σ
+3.69 σ
 +4.97% 10 Jul
INDA India 22.48
Fair
Fair
Overvalued
 23.12 20.90 18.10
-0.51 σ
+0.66 σ
+1.51 σ
 -3.86% 10 Jul
EWN Netherlands 21.24
Expensive
Expensive
Expensive
 17.49 17.12 14.48
+2.19 σ
+2.12 σ
+2.77 σ
 +10.92% 10 Jul
EWA Australia 21.02
Overvalued
Expensive
Expensive
 17.46 16.73 14.96
+1.37 σ
+2.27 σ
+3.41 σ
 +2.28% 10 Jul
EWC Canada 20.94
Overvalued
Expensive
Expensive
 16.15 15.43 14.47
+1.78 σ
+3.15 σ
+5.06 σ
 +6.68% 10 Jul
EWY South Korea 20.07
Expensive
Expensive
Expensive
 10.60 10.33 9.96
+6.69 σ
+7.88 σ
+10.11 σ
 +40.12% 10 Jul
EWJ Japan 19.06
Expensive
Expensive
Expensive
 14.89 14.50 14.44
+2.77 σ
+3.07 σ
+2.91 σ
 +9.28% 10 Jul
EWQ France 18.59
Overvalued
Overvalued
Expensive
 16.60 15.60 13.51
+1.00 σ
+1.69 σ
+2.36 σ
 +0.05% 10 Jul
EWS Singapore 17.63
Expensive
Expensive
Expensive
 13.87 13.43 13.41
+2.34 σ
+3.79 σ
+4.28 σ
 +10.76% 10 Jul
EWU United Kingdom 17.61
Overvalued
Expensive
Expensive
 13.64 13.47 12.39
+1.25 σ
+2.16 σ
+3.07 σ
 +3.27% 10 Jul
EWG Germany 17.59
Overvalued
Expensive
Expensive
 14.38 13.89 12.54
+1.33 σ
+2.22 σ
+3.56 σ
 -1.00% 10 Jul
EWK Belgium 17.21
Fair
Fair
Fair
 16.07 16.87 15.03
+0.43 σ
+0.17 σ
+0.83 σ
 +4.13% 10 Jul
EWH Hong Kong 16.77
Overvalued
Overvalued
Overvalued
 15.47 15.41 15.26
+1.12 σ
+1.38 σ
+1.45 σ
 -4.46% 10 Jul
EIRL Ireland 16.57
Overvalued
Fair
Fair
 14.62 15.52 16.19
+1.70 σ
+0.56 σ
+0.16 σ
 +9.14% 10 Jul
EWD Sweden 16.52
Fair
Fair
Overvalued
 16.17 16.22 14.93
+0.17 σ
+0.20 σ
+1.01 σ
 +0.32% 10 Jul
EIS Israel 16.32
Overvalued
Expensive
Expensive
 12.05 11.50 10.98
+1.98 σ
+3.50 σ
+3.49 σ
 +2.27% 10 Jul
EDEN Denmark 16.17
Fair
Fair
Fair
 16.04 18.01 16.57
+0.06 σ
-0.69 σ
-0.22 σ
 +2.73% 10 Jul
ARGT Argentina 15.73
Overvalued
Expensive
Overvalued
 13.01 12.73 10.82
+1.28 σ
+2.16 σ
+1.90 σ
 +6.05% 10 Jul
EWP Spain 15.65
Expensive
Expensive
Expensive
 11.29 12.00 11.60
+3.50 σ
+2.67 σ
+2.59 σ
 +9.27% 10 Jul
THD Thailand 15.60
Fair
Fair
Fair
 17.03 17.31 15.94
-0.76 σ
-0.89 σ
-0.15 σ
 +10.30% 10 Jul
VNM Vietnam 15.43
Fair
Fair
-
 15.18 16.84 -
+0.12 σ
-0.50 σ
-
 -1.94% 10 Jul
TUR Turkey 15.35
Expensive
Expensive
Expensive
 6.73 6.49 7.96
+3.12 σ
+6.65 σ
+4.50 σ
 +2.83% 10 Jul
EWI Italy 15.10
Expensive
Expensive
Expensive
 10.64 11.49 11.18
+2.47 σ
+2.36 σ
+2.44 σ
 +9.65% 10 Jul
EPU Perù 14.66
Overvalued
Overvalued
Overvalued
 12.16 12.86 12.36
+1.23 σ
+1.22 σ
+1.62 σ
 +12.14% 10 Jul
EWO Austria 14.24
Expensive
Expensive
Expensive
 8.53 9.70 9.95
+2.47 σ
+2.40 σ
+2.65 σ
 +16.80% 10 Jul
NORW Norway 13.85
Overvalued
Fair
Overvalued
 10.79 12.67 11.64
+1.60 σ
+0.63 σ
+1.33 σ
 -2.08% 10 Jul
EPOL Poland 13.53
Overvalued
Overvalued
Overvalued
 10.11 11.06 11.46
+1.68 σ
+1.78 σ
+1.69 σ
 +10.53% 10 Jul
EWM Malaysia 13.10
Undervalued
Cheap
Cheap
 14.45 15.08 14.74
-1.70 σ
-2.58 σ
-2.13 σ
 -1.59% 10 Jul
ECH Chile 12.90
Overvalued
Fair
Fair
 10.09 13.14 14.53
+1.18 σ
-0.08 σ
-0.90 σ
 +1.10% 10 Jul
EWW Mexico 12.39
Fair
Fair
Undervalued
 12.46 13.54 14.27
-0.08 σ
-0.85 σ
-1.09 σ
 +2.03% 10 Jul
GREK Greece 11.90
Overvalued
Fair
Fair
 9.33 11.33 10.92
+1.45 σ
+0.29 σ
+0.45 σ
 +12.57% 10 Jul
EWZ Brazil 11.54
Expensive
Fair
Fair
 8.10 10.08 10.08
+2.37 σ
+0.75 σ
+1.00 σ
 +2.66% 10 Jul
COLO Colombia 11.52
Expensive
Fair
Fair
 7.21 9.42 12.31
+2.83 σ
+0.96 σ
-0.28 σ
 +15.20% 10 Jul
QAT Qatar 11.36
Fair
Undervalued
-
 12.55 13.36 -
-0.71 σ
-1.50 σ
-
 -6.91% 10 Jul
EZA South Africa 9.33
Fair
Undervalued
Undervalued
 10.70 11.98 11.90
-0.76 σ
-1.35 σ
-1.51 σ
 -7.11% 10 Jul
EIDO Indonesia 8.86
Cheap
Cheap
Cheap
 12.57 14.02 13.66
-3.15 σ
-3.43 σ
-3.96 σ
 -27.93% 10 Jul
FXI China 8.77
Undervalued
Undervalued
Undervalued
 9.96 11.14 10.97
-1.36 σ
-1.74 σ
-1.31 σ
 -11.23% 10 Jul
EPHE Philippines 8.47
Undervalued
Cheap
Cheap
 12.08 14.58 15.16
-1.52 σ
-2.25 σ
-2.97 σ
 +0.36% 10 Jul
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).