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 27.05
Expensive
Expensive
Expensive
 20.40 18.77 16.13
+2.50 σ
+3.88 σ
+4.46 σ
 +7.61% 04 Nov
ENZL New Zealand 26.06
Fair
Fair
Fair
 26.72 27.57 21.79
-0.17 σ
-0.38 σ
+0.79 σ
 -0.29% 04 Nov
EWT Taiwan 24.11
Expensive
Expensive
Expensive
 17.00 15.58 14.35
+2.16 σ
+4.07 σ
+5.10 σ
 +3.49% 04 Nov
VTI United States 23.78
Fair
Overvalued
Expensive
 23.16 20.65 17.10
+0.23 σ
+1.04 σ
+2.10 σ
 +4.75% 04 Nov
INDA India 23.46
Fair
Overvalued
Overvalued
 23.03 21.08 18.22
+0.33 σ
+1.02 σ
+1.78 σ
 +1.85% 04 Nov
EWA Australia 21.48
Overvalued
Expensive
Expensive
 17.80 16.91 15.10
+1.34 σ
+2.26 σ
+3.39 σ
 +3.19% 04 Nov
EWC Canada 20.08
Overvalued
Expensive
Expensive
 16.56 15.56 14.57
+1.24 σ
+2.35 σ
+3.98 σ
 +5.90% 04 Nov
EWG Germany 18.87
Overvalued
Expensive
Expensive
 14.69 14.10 12.62
+1.61 σ
+2.61 σ
+4.10 σ
 +3.00% 04 Nov
EWN Netherlands 18.65
Fair
Fair
Overvalued
 17.35 17.31 14.62
+0.87 σ
+0.68 σ
+1.60 σ
 +0.58% 04 Nov
EWS Singapore 18.20
Expensive
Expensive
Expensive
 14.13 13.59 13.46
+2.22 σ
+3.77 σ
+4.59 σ
 +0.76% 04 Nov
EWQ France 18.09
Fair
Overvalued
Expensive
 16.70 15.77 13.63
+0.69 σ
+1.31 σ
+2.02 σ
 -2.51% 04 Nov
EDEN Denmark 17.94
Overvalued
Fair
Fair
 15.73 17.93 16.61
+1.15 σ
+0.00 σ
+0.74 σ
 +8.21% 04 Nov
EWU United Kingdom 17.46
Overvalued
Overvalued
Expensive
 14.05 13.53 12.48
+1.05 σ
+1.97 σ
+2.81 σ
 +4.07% 04 Nov
EIRL Ireland 17.00
Expensive
Fair
Fair
 14.50 15.52 16.26
+3.01 σ
+0.79 σ
+0.32 σ
 +9.75% 04 Nov
EWP Spain 16.26
Expensive
Expensive
Expensive
 11.39 12.10 11.65
+3.35 σ
+2.80 σ
+2.85 σ
 +1.79% 04 Nov
EIS Israel 15.92
Overvalued
Expensive
Expensive
 12.36 11.69 11.01
+1.42 σ
+2.84 σ
+3.13 σ
 -8.71% 04 Nov
EWD Sweden 15.78
Fair
Fair
Fair
 15.90 16.21 14.98
-0.06 σ
-0.28 σ
+0.51 σ
 +4.81% 04 Nov
EWK Belgium 15.45
Fair
Fair
Fair
 15.80 16.73 15.12
-0.14 σ
-0.67 σ
+0.13 σ
 +2.74% 04 Nov
EWI Italy 15.11
Expensive
Expensive
Expensive
 10.79 11.59 11.22
+2.18 σ
+2.18 σ
+2.36 σ
 +0.91% 04 Nov
EWJ Japan 14.73
Fair
Fair
Fair
 15.03 14.65 14.43
-0.18 σ
+0.05 σ
+0.18 σ
 +2.12% 04 Nov
EWO Austria 14.08
Overvalued
Expensive
Expensive
 8.82 9.83 9.97
+1.96 σ
+2.11 σ
+2.52 σ
 +1.48% 04 Nov
THD Thailand 14.03
Undervalued
Undervalued
Fair
 16.54 17.13 15.99
-1.46 σ
-1.63 σ
-0.86 σ
 -3.29% 04 Nov
VNM Vietnam 14.01
Fair
Undervalued
-
 14.80 16.93 -
-0.42 σ
-1.09 σ
-
 -4.19% 04 Nov
EWH Hong Kong 13.95
Undervalued
Undervalued
Undervalued
 15.39 15.41 15.25
-1.13 σ
-1.38 σ
-1.22 σ
 +2.85% 04 Nov
NORW Norway 13.69
Overvalued
Fair
Overvalued
 10.79 12.66 11.70
+1.51 σ
+0.55 σ
+1.18 σ
 +2.55% 04 Nov
EPOL Poland 13.40
Overvalued
Overvalued
Overvalued
 10.14 11.13 11.49
+1.58 σ
+1.57 σ
+1.53 σ
 +8.79% 04 Nov
EWM Malaysia 13.10
Undervalued
Cheap
Cheap
 14.42 14.98 14.74
-1.58 σ
-2.26 σ
-2.13 σ
 -4.02% 04 Nov
EWW Mexico 12.99
Fair
Fair
Fair
 12.33 13.37 14.24
+0.94 σ
-0.31 σ
-0.71 σ
 +0.22% 04 Nov
GREK Greece 12.63
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.89 σ
+0.68 σ
+0.81 σ
 +8.38% 04 Nov
ARGT Argentina 12.38
Fair
Fair
Fair
 13.23 12.88 10.86
-0.39 σ
-0.35 σ
+0.59 σ
 -14.54% 04 Nov
ECH Chile 11.99
Fair
Fair
Undervalued
 10.03 13.01 14.42
+0.84 σ
-0.37 σ
-1.34 σ
 -9.77% 04 Nov
QAT Qatar 11.49
Fair
Undervalued
-
 12.09 13.27 -
-0.46 σ
-1.27 σ
-
 -3.66% 04 Nov
EZA South Africa 10.92
Fair
Fair
Fair
 10.70 11.75 11.88
+0.12 σ
-0.43 σ
-0.55 σ
 -4.16% 04 Nov
TUR Turkey 10.86
Overvalued
Expensive
Overvalued
 7.37 6.63 7.99
+1.10 σ
+2.61 σ
+1.71 σ
 -18.94% 04 Nov
COLO Colombia 9.95
Overvalued
Fair
Fair
 7.31 9.41 12.19
+1.58 σ
+0.25 σ
-0.82 σ
 +9.24% 04 Nov
FXI China 9.55
Fair
Undervalued
Fair
 9.77 11.05 10.92
-0.29 σ
-1.06 σ
-0.80 σ
 -2.78% 04 Nov
EWY South Korea 8.38
Undervalued
Undervalued
Undervalued
 10.81 10.38 9.97
-1.27 σ
-1.49 σ
-1.54 σ
 -6.84% 04 Nov
EPU Perù 8.37
Undervalued
Cheap
Cheap
 12.28 12.83 12.41
-1.88 σ
-2.87 σ
-2.87 σ
 -3.98% 04 Nov
EWZ Brazil 8.13
Fair
Fair
Undervalued
 8.31 10.01 10.15
-0.11 σ
-0.99 σ
-1.42 σ
 -13.26% 04 Nov
EPHE Philippines 7.73
Undervalued
Cheap
Cheap
 11.40 14.22 15.11
-1.81 σ
-2.33 σ
-3.17 σ
 -8.28% 04 Nov
EIDO Indonesia 7.44
Cheap
Cheap
Cheap
 12.20 13.80 13.65
-4.33 σ
-4.12 σ
-5.05 σ
 -28.85% 04 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).