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 27.40
Expensive
Expensive
Expensive
 16.79 15.51 14.32
+3.40 σ
+5.85 σ
+6.97 σ
 +27.43% 09:30 AM
ENZL New Zealand 24.64
Fair
Fair
Fair
 26.77 27.54 21.73
-0.56 σ
-0.73 σ
+0.53 σ
 -1.89% 09:30 AM
VTI United States 23.89
Fair
Overvalued
Expensive
 23.12 20.58 17.06
+0.29 σ
+1.10 σ
+2.17 σ
 +5.61% 09:30 AM
EWL Switzerland 22.96
Overvalued
Expensive
Expensive
 20.31 18.70 16.10
+1.01 σ
+2.03 σ
+2.84 σ
 -4.59% 09:30 AM
INDA India 21.06
Undervalued
Fair
Fair
 23.05 21.03 18.19
-1.55 σ
+0.01 σ
+0.98 σ
 -7.04% 09:30 AM
EWA Australia 19.50
Fair
Overvalued
Expensive
 17.72 16.86 15.06
+0.66 σ
+1.32 σ
+2.39 σ
 -2.23% 09:30 AM
EWJ Japan 18.93
Expensive
Expensive
Expensive
 15.04 14.64 14.45
+2.31 σ
+2.75 σ
+2.78 σ
 +7.79% 09:30 AM
EWS Singapore 18.46
Expensive
Expensive
Expensive
 14.05 13.55 13.45
+2.48 σ
+4.11 σ
+4.90 σ
 +10.84% 09:30 AM
EWC Canada 18.30
Fair
Overvalued
Expensive
 16.44 15.52 14.54
+0.66 σ
+1.48 σ
+2.77 σ
 +0.98% 09:30 AM
EWN Netherlands 18.29
Fair
Fair
Overvalued
 17.40 17.28 14.59
+0.57 σ
+0.52 σ
+1.48 σ
 +3.67% 09:30 AM
EIS Israel 17.17
Expensive
Expensive
Expensive
 12.29 11.63 11.00
+2.00 σ
+3.76 σ
+3.94 σ
 -1.07% 09:30 AM
EWG Germany 17.10
Fair
Overvalued
Expensive
 14.59 14.05 12.60
+0.98 σ
+1.72 σ
+3.02 σ
 -3.74% 09:30 AM
EWQ France 16.31
Fair
Fair
Overvalued
 16.66 15.73 13.60
-0.17 σ
+0.33 σ
+1.24 σ
 -8.10% 09:30 AM
EWU United Kingdom 16.12
Fair
Overvalued
Expensive
 13.94 13.50 12.46
+0.68 σ
+1.33 σ
+2.09 σ
 -1.71% 09:30 AM
EDEN Denmark 15.21
Fair
Undervalued
Fair
 15.79 17.93 16.60
-0.29 σ
-1.01 σ
-0.77 σ
 -4.65% 09:30 AM
EWP Spain 15.01
Expensive
Expensive
Expensive
 11.34 12.08 11.64
+2.70 σ
+2.01 σ
+2.10 σ
 +0.50% 09:30 AM
EIRL Ireland 14.84
Fair
Fair
Fair
 14.51 15.52 16.24
+0.39 σ
-0.36 σ
-0.60 σ
 +4.39% 09:30 AM
EWI Italy 14.11
Overvalued
Overvalued
Overvalued
 10.74 11.57 11.21
+1.75 σ
+1.60 σ
+1.77 σ
 -1.28% 09:30 AM
EWK Belgium 14.00
Fair
Undervalued
Fair
 15.88 16.76 15.10
-0.75 σ
-1.45 σ
-0.42 σ
 -3.46% 09:30 AM
THD Thailand 13.98
Undervalued
Undervalued
Fair
 16.67 17.15 15.98
-1.53 σ
-1.69 σ
-0.88 σ
 +1.58% 09:30 AM
EWD Sweden 13.94
Fair
Undervalued
Fair
 15.96 16.22 14.98
-0.99 σ
-1.46 σ
-0.66 σ
 -3.82% 09:30 AM
ARGT Argentina 13.52
Fair
Fair
Overvalued
 13.20 12.87 10.85
+0.15 σ
+0.46 σ
+1.04 σ
 -9.04% 09:30 AM
VNM Vietnam 13.23
Fair
Undervalued
-
 14.89 16.92 -
-0.87 σ
-1.38 σ
-
 -7.21% 09:30 AM
EWH Hong Kong 12.90
Cheap
Cheap
Cheap
 15.44 15.44 15.27
-2.03 σ
-2.41 σ
-2.21 σ
 -2.58% 09:30 AM
EPOL Poland 12.90
Overvalued
Overvalued
Overvalued
 10.14 11.11 11.49
+1.33 σ
+1.25 σ
+1.14 σ
 +9.46% 09:30 AM
NORW Norway 12.63
Fair
Fair
Fair
 10.76 12.67 11.69
+0.99 σ
-0.02 σ
+0.56 σ
 -0.48% 09:30 AM
EWO Austria 12.50
Overvalued
Overvalued
Overvalued
 8.74 9.80 9.97
+1.45 σ
+1.36 σ
+1.55 σ
 +4.67% 09:30 AM
TUR Turkey 12.10
Overvalued
Expensive
Expensive
 7.26 6.60 7.99
+1.53 σ
+3.46 σ
+2.46 σ
 -12.57% 09:30 AM
EWW Mexico 11.54
Undervalued
Undervalued
Undervalued
 12.35 13.41 14.25
-1.10 σ
-1.48 σ
-1.56 σ
 -7.97% 09:30 AM
GREK Greece 11.35
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.16 σ
+0.02 σ
+0.21 σ
 +12.70% 09:30 AM
ECH Chile 10.99
Fair
Fair
Undervalued
 10.03 13.05 14.45
+0.41 σ
-0.75 σ
-1.91 σ
 -10.39% 09:30 AM
QAT Qatar 10.54
Undervalued
Undervalued
-
 12.20 13.29 -
-1.19 σ
-1.99 σ
-
 -12.16% 09:30 AM
EWZ Brazil 10.28
Overvalued
Fair
Fair
 8.29 10.06 10.14
+1.20 σ
+0.12 σ
+0.10 σ
 +2.15% 09:30 AM
EWY South Korea 10.26
Fair
Fair
Fair
 10.84 10.40 9.98
-0.31 σ
-0.11 σ
+0.27 σ
 +19.49% 09:30 AM
COLO Colombia 9.87
Overvalued
Fair
Fair
 7.29 9.43 12.22
+1.57 σ
+0.20 σ
-0.85 σ
 +9.81% 09:30 AM
FXI China 8.86
Undervalued
Undervalued
Undervalued
 9.82 11.08 10.94
-1.25 σ
-1.59 σ
-1.22 σ
 -6.43% 09:30 AM
EIDO Indonesia 8.76
Cheap
Cheap
Cheap
 12.32 13.86 13.66
-3.19 σ
-3.32 σ
-4.02 σ
 -21.74% 09:30 AM
EPU Perù 8.72
Undervalued
Cheap
Cheap
 12.32 12.86 12.41
-1.76 σ
-2.72 σ
-2.62 σ
 +4.45% 09:30 AM
EZA South Africa 8.17
Undervalued
Undervalued
Cheap
 10.68 11.80 11.88
-1.37 σ
-1.86 σ
-2.15 σ
 -9.13% 09:30 AM
EWM Malaysia 7.57
Cheap
Cheap
Cheap
 14.44 15.01 14.74
-8.36 σ
-9.13 σ
-9.35 σ
 -5.42% 09:30 AM
EPHE Philippines 7.38
Undervalued
Cheap
Cheap
 11.56 14.31 15.13
-2.00 σ
-2.50 σ
-3.36 σ
 -10.57% 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).