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)
VTI United States 26.30
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.34 σ
+2.07 σ
+3.17 σ
 +7.62% 09:30 AM
EWT Taiwan 25.58
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+3.64 σ
+5.58 σ
+6.50 σ
 +43.30% 09:30 AM
ENZL New Zealand 25.06
Fair
Fair
Fair
 26.97 27.44 21.47
-0.50 σ
-0.59 σ
+0.65 σ
 -2.83% 09:30 AM
INDA India 23.34
Fair
Overvalued
Overvalued
 23.10 20.83 18.05
+0.19 σ
+1.04 σ
+1.83 σ
 -4.49% 09:30 AM
EWL Switzerland 22.90
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.20 σ
+2.34 σ
+3.04 σ
 +3.47% 09:30 AM
EWA Australia 20.07
Overvalued
Overvalued
Expensive
 17.40 16.69 14.92
+1.04 σ
+1.81 σ
+2.94 σ
 +1.36% 09:30 AM
EWY South Korea 19.99
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+7.20 σ
+8.12 σ
+10.17 σ
 +57.41% 09:30 AM
EWN Netherlands 19.21
Fair
Overvalued
Overvalued
 17.57 17.07 14.43
+0.86 σ
+1.11 σ
+1.97 σ
 +12.61% 09:30 AM
EWC Canada 18.92
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.07 σ
+2.04 σ
+3.54 σ
 +5.97% 09:30 AM
EWJ Japan 18.88
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.73 σ
+3.03 σ
+2.84 σ
 +8.45% 09:30 AM
EWK Belgium 18.44
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.89 σ
+0.81 σ
+1.32 σ
 +7.61% 09:30 AM
EWU United Kingdom 17.50
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.27 σ
+2.16 σ
+3.05 σ
 +1.79% 09:30 AM
EWH Hong Kong 17.43
Overvalued
Expensive
Expensive
 15.47 15.38 15.25
+1.67 σ
+2.09 σ
+2.11 σ
 -5.86% 09:30 AM
EWQ France 17.34
Fair
Overvalued
Overvalued
 16.60 15.57 13.48
+0.37 σ
+1.00 σ
+1.81 σ
 -0.00% 09:30 AM
EWG Germany 17.24
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.23 σ
+2.08 σ
+3.38 σ
 -1.92% 09:30 AM
TUR Turkey 17.15
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+4.12 σ
+8.31 σ
+5.65 σ
 +7.01% 09:30 AM
VNM Vietnam 17.07
Fair
Fair
-
 15.24 16.78 -
+0.83 σ
+0.10 σ
-
 +0.38% 09:30 AM
EIS Israel 17.03
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.46 σ
+4.10 σ
+3.96 σ
 +4.04% 09:30 AM
EWS Singapore 16.37
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.63 σ
+2.74 σ
+3.06 σ
 +4.43% 09:30 AM
EDEN Denmark 15.68
Fair
Fair
Fair
 16.14 18.03 16.56
-0.19 σ
-0.88 σ
-0.48 σ
 -2.27% 09:30 AM
NORW Norway 15.45
Expensive
Overvalued
Expensive
 10.79 12.67 11.62
+2.42 σ
+1.48 σ
+2.32 σ
 +5.39% 09:30 AM
THD Thailand 15.30
Fair
Undervalued
Fair
 17.14 17.36 15.92
-0.94 σ
-1.05 σ
-0.26 σ
 +6.56% 09:30 AM
EWP Spain 15.17
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+3.12 σ
+2.41 σ
+2.32 σ
 +9.94% 09:30 AM
EIRL Ireland 14.85
Fair
Fair
Fair
 14.72 15.52 16.18
+0.09 σ
-0.36 σ
-0.55 σ
 +7.32% 09:30 AM
EWD Sweden 14.79
Fair
Fair
Fair
 16.26 16.21 14.92
-0.68 σ
-0.91 σ
-0.08 σ
 -1.88% 09:30 AM
ARGT Argentina 14.77
Fair
Overvalued
Overvalued
 12.94 12.69 10.78
+0.86 σ
+1.49 σ
+1.54 σ
 +5.25% 09:30 AM
EWO Austria 14.56
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.79 σ
+2.61 σ
+2.87 σ
 +19.74% 09:30 AM
EPU Perù 14.44
Overvalued
Overvalued
Overvalued
 12.14 12.85 12.33
+1.14 σ
+1.08 σ
+1.47 σ
 +12.17% 09:30 AM
EWM Malaysia 14.21
Fair
Undervalued
Fair
 14.44 15.09 14.73
-0.29 σ
-1.15 σ
-0.68 σ
 -3.47% 09:30 AM
EWI Italy 14.16
Overvalued
Overvalued
Overvalued
 10.62 11.48 11.17
+1.98 σ
+1.77 σ
+1.87 σ
 +8.92% 09:30 AM
ECH Chile 12.82
Overvalued
Fair
Fair
 10.11 13.15 14.54
+1.12 σ
-0.12 σ
-0.95 σ
 +1.78% 09:30 AM
EWZ Brazil 12.76
Expensive
Overvalued
Overvalued
 8.05 10.06 10.06
+3.38 σ
+1.40 σ
+1.85 σ
 -1.61% 09:30 AM
EWW Mexico 12.42
Fair
Fair
Undervalued
 12.50 13.59 14.26
-0.09 σ
-0.85 σ
-1.07 σ
 +3.01% 09:30 AM
EPOL Poland 12.09
Fair
Fair
Fair
 10.13 11.06 11.45
+0.96 σ
+0.74 σ
+0.52 σ
 +7.82% 09:30 AM
COLO Colombia 11.93
Expensive
Overvalued
Fair
 7.21 9.44 12.34
+3.10 σ
+1.14 σ
-0.15 σ
 +14.27% 09:30 AM
GREK Greece 11.33
Overvalued
Fair
Fair
 9.37 11.34 10.92
+1.08 σ
-0.00 σ
+0.19 σ
 +11.69% 09:30 AM
QAT Qatar 11.24
Fair
Undervalued
-
 12.67 13.37 -
-0.80 σ
-1.61 σ
-
 -3.99% 09:30 AM
EIDO Indonesia 9.93
Cheap
Cheap
Cheap
 12.66 14.06 13.66
-2.25 σ
-2.78 σ
-3.08 σ
 -27.65% 09:30 AM
EZA South Africa 9.62
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.62 σ
-1.23 σ
-1.34 σ
 -6.07% 09:30 AM
FXI China 9.40
Fair
Undervalued
Fair
 10.03 11.16 10.98
-0.68 σ
-1.30 σ
-0.94 σ
 -13.89% 09:30 AM
EPHE Philippines 8.47
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.54 σ
-2.30 σ
-2.98 σ
 -1.44% 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).