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 26.81
Fair
Fair
Fair
 26.98 27.41 21.39
-0.04 σ
-0.15 σ
+0.98 σ
 -3.23% 09:30 AM
VTI United States 25.72
Overvalued
Overvalued
Expensive
 22.71 20.15 16.80
+1.18 σ
+1.93 σ
+3.03 σ
 +7.89% 09:30 AM
EWT Taiwan 23.42
Expensive
Expensive
Expensive
 16.11 15.15 14.13
+2.95 σ
+4.51 σ
+5.39 σ
 +29.98% 09:30 AM
EWL Switzerland 22.75
Overvalued
Expensive
Expensive
 19.89 18.37 15.90
+1.20 σ
+2.35 σ
+3.03 σ
 +5.04% 09:30 AM
INDA India 22.58
Fair
Fair
Overvalued
 23.07 20.77 18.01
-0.39 σ
+0.75 σ
+1.59 σ
 -9.14% 09:30 AM
EWA Australia 20.35
Overvalued
Expensive
Expensive
 17.33 16.64 14.90
+1.20 σ
+2.03 σ
+3.18 σ
 +3.63% 09:30 AM
EWC Canada 19.44
Overvalued
Expensive
Expensive
 15.99 15.38 14.44
+1.32 σ
+2.43 σ
+4.01 σ
 +7.94% 09:30 AM
EWY South Korea 19.31
Expensive
Expensive
Expensive
 10.49 10.27 9.93
+7.15 σ
+7.82 σ
+9.60 σ
 +58.62% 09:30 AM
EWN Netherlands 18.34
Fair
Fair
Overvalued
 17.66 17.02 14.40
+0.33 σ
+0.68 σ
+1.64 σ
 +8.28% 09:30 AM
EWK Belgium 18.21
Fair
Fair
Overvalued
 16.11 16.88 14.95
+0.79 σ
+0.69 σ
+1.24 σ
 +7.05% 09:30 AM
EWH Hong Kong 18.11
Expensive
Expensive
Expensive
 15.47 15.34 15.24
+2.25 σ
+2.87 σ
+2.81 σ
 +5.60% 09:30 AM
EWJ Japan 18.08
Expensive
Expensive
Expensive
 14.84 14.40 14.43
+2.26 σ
+2.55 σ
+2.33 σ
 +7.35% 09:30 AM
EWG Germany 17.93
Overvalued
Expensive
Expensive
 14.26 13.78 12.49
+1.60 σ
+2.61 σ
+3.95 σ
 +0.46% 09:30 AM
EWU United Kingdom 17.92
Overvalued
Expensive
Expensive
 13.44 13.41 12.35
+1.48 σ
+2.46 σ
+3.34 σ
 +4.66% 09:30 AM
EWQ France 17.91
Fair
Overvalued
Expensive
 16.58 15.52 13.45
+0.68 σ
+1.37 σ
+2.11 σ
 -0.37% 09:30 AM
NORW Norway 17.00
Expensive
Expensive
Expensive
 10.79 12.66 11.61
+3.22 σ
+2.34 σ
+3.30 σ
 +20.88% 09:30 AM
EIS Israel 16.77
Expensive
Expensive
Expensive
 11.95 11.42 10.98
+2.39 σ
+4.01 σ
+3.79 σ
 +16.56% 09:30 AM
VNM Vietnam 16.45
Fair
Fair
-
 15.32 16.73 -
+0.49 σ
-0.09 σ
-
 +4.84% 09:30 AM
EWS Singapore 16.25
Overvalued
Expensive
Expensive
 13.77 13.36 13.39
+1.63 σ
+2.71 σ
+2.97 σ
 +3.30% 09:30 AM
EDEN Denmark 16.12
Fair
Fair
Fair
 16.28 18.06 16.55
-0.06 σ
-0.73 σ
-0.23 σ
 -0.79% 09:30 AM
THD Thailand 16.01
Fair
Fair
Fair
 17.23 17.41 15.89
-0.60 σ
-0.70 σ
+0.05 σ
 +12.09% 09:30 AM
EWD Sweden 15.43
Fair
Fair
Fair
 16.33 16.19 14.90
-0.41 σ
-0.49 σ
+0.33 σ
 +1.39% 09:30 AM
TUR Turkey 15.32
Expensive
Expensive
Expensive
 6.38 6.45 7.94
+3.79 σ
+7.06 σ
+4.54 σ
 +8.27% 09:30 AM
ARGT Argentina 15.00
Overvalued
Overvalued
Overvalued
 12.85 12.63 10.73
+1.04 σ
+1.75 σ
+1.67 σ
 +1.27% 09:30 AM
EWM Malaysia 14.95
Fair
Fair
Fair
 14.43 15.09 14.73
+0.65 σ
-0.18 σ
+0.29 σ
 +6.94% 09:30 AM
EWP Spain 14.95
Expensive
Expensive
Expensive
 11.29 11.94 11.58
+2.94 σ
+2.31 σ
+2.20 σ
 +6.10% 09:30 AM
EWI Italy 14.26
Expensive
Overvalued
Overvalued
 10.61 11.46 11.17
+2.06 σ
+1.86 σ
+1.95 σ
 +6.74% 09:30 AM
EIRL Ireland 14.25
Fair
Fair
Fair
 14.83 15.54 16.17
-0.37 σ
-0.69 σ
-0.79 σ
 +2.79% 09:30 AM
EWO Austria 13.97
Expensive
Expensive
Expensive
 8.41 9.65 9.95
+2.68 σ
+2.33 σ
+2.50 σ
 +12.36% 09:30 AM
EPU Perù 13.39
Fair
Fair
Fair
 12.13 12.84 12.31
+0.63 σ
+0.37 σ
+0.76 σ
 +10.59% 09:30 AM
EWW Mexico 12.85
Fair
Fair
Fair
 12.53 13.63 14.27
+0.36 σ
-0.55 σ
-0.82 σ
 +9.19% 09:30 AM
ECH Chile 12.59
Overvalued
Fair
Undervalued
 10.12 13.15 14.55
+1.01 σ
-0.20 σ
-1.08 σ
 +2.51% 09:30 AM
EPOL Poland 12.32
Overvalued
Fair
Fair
 10.13 11.05 11.45
+1.06 σ
+0.92 σ
+0.71 σ
 +10.25% 09:30 AM
EWZ Brazil 11.71
Expensive
Fair
Overvalued
 8.01 10.05 10.04
+2.75 σ
+0.86 σ
+1.14 σ
 +5.69% 09:30 AM
QAT Qatar 10.99
Fair
Undervalued
-
 12.78 13.38 -
-0.96 σ
-1.82 σ
-
 -5.50% 09:30 AM
COLO Colombia 10.86
Expensive
Fair
Fair
 7.21 9.45 12.35
+2.40 σ
+0.64 σ
-0.53 σ
 -1.92% 09:30 AM
GREK Greece 10.31
Fair
Fair
Fair
 9.40 11.35 10.93
+0.49 σ
-0.53 σ
-0.29 σ
 +1.40% 09:30 AM
EIDO Indonesia 9.96
Cheap
Cheap
Cheap
 12.74 14.10 13.67
-2.25 σ
-2.83 σ
-3.08 σ
 -22.97% 09:30 AM
FXI China 9.85
Fair
Fair
Fair
 10.10 11.17 11.00
-0.25 σ
-0.98 σ
-0.68 σ
 -6.01% 09:30 AM
EZA South Africa 9.40
Fair
Undervalued
Undervalued
 10.73 12.08 11.91
-0.74 σ
-1.36 σ
-1.48 σ
 -1.14% 09:30 AM
EPHE Philippines 8.08
Undervalued
Cheap
Cheap
 12.38 14.76 15.18
-1.75 σ
-2.50 σ
-3.19 σ
 -4.92% 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).