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 26.46
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.40 σ
+2.13 σ
+3.22 σ
 +9.44% 09:30 AM
ENZL New Zealand 25.55
Fair
Fair
Fair
 26.97 27.44 21.47
-0.37 σ
-0.47 σ
+0.74 σ
 -0.96% 09:30 AM
EWT Taiwan 24.21
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+3.11 σ
+4.84 σ
+5.72 σ
 +40.34% 09:30 AM
EWL Switzerland 22.92
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.21 σ
+2.36 σ
+3.05 σ
 +4.20% 09:30 AM
INDA India 22.65
Fair
Fair
Overvalued
 23.10 20.83 18.05
-0.36 σ
+0.76 σ
+1.59 σ
 -7.75% 09:30 AM
EWA Australia 20.20
Overvalued
Overvalued
Expensive
 17.40 16.69 14.92
+1.09 σ
+1.88 σ
+3.01 σ
 +2.33% 09:30 AM
EWC Canada 19.25
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.19 σ
+2.23 σ
+3.80 σ
 +8.92% 09:30 AM
EWY South Korea 19.14
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+6.56 σ
+7.41 σ
+9.31 σ
 +59.66% 09:30 AM
EWJ Japan 18.81
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.68 σ
+2.98 σ
+2.79 σ
 +9.03% 09:30 AM
EWN Netherlands 18.81
Fair
Fair
Overvalued
 17.57 17.07 14.43
+0.65 σ
+0.90 σ
+1.80 σ
 +11.83% 09:30 AM
EWK Belgium 18.33
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.85 σ
+0.75 σ
+1.28 σ
 +7.95% 09:30 AM
EIS Israel 18.10
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.97 σ
+4.89 σ
+4.66 σ
 +12.17% 09:30 AM
EWH Hong Kong 18.06
Expensive
Expensive
Expensive
 15.47 15.38 15.25
+2.21 σ
+2.74 σ
+2.73 σ
 -2.36% 09:30 AM
EWU United Kingdom 17.94
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.41 σ
+2.39 σ
+3.31 σ
 +4.95% 09:30 AM
EWG Germany 17.91
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.51 σ
+2.49 σ
+3.86 σ
 +1.88% 09:30 AM
EWQ France 17.75
Fair
Overvalued
Expensive
 16.60 15.57 13.48
+0.58 σ
+1.24 σ
+2.00 σ
 +2.74% 09:30 AM
VNM Vietnam 16.89
Fair
Fair
-
 15.24 16.78 -
+0.74 σ
+0.04 σ
-
 -0.66% 09:30 AM
NORW Norway 16.67
Expensive
Expensive
Expensive
 10.79 12.67 11.62
+3.05 σ
+2.13 σ
+3.06 σ
 +14.99% 09:30 AM
TUR Turkey 16.42
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+3.84 σ
+7.74 σ
+5.20 σ
 +3.15% 09:30 AM
THD Thailand 16.18
Fair
Fair
Fair
 17.14 17.36 15.92
-0.48 σ
-0.60 σ
+0.11 σ
 +14.13% 09:30 AM
EWS Singapore 15.97
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.37 σ
+2.37 σ
+2.65 σ
 +2.14% 09:30 AM
EDEN Denmark 15.96
Fair
Fair
Fair
 16.14 18.03 16.56
-0.08 σ
-0.78 σ
-0.33 σ
 -0.63% 09:30 AM
EWD Sweden 15.62
Fair
Fair
Fair
 16.26 16.21 14.92
-0.30 σ
-0.38 σ
+0.44 σ
 +4.05% 09:30 AM
EWM Malaysia 14.91
Fair
Fair
Fair
 14.44 15.09 14.73
+0.58 σ
-0.23 σ
+0.22 σ
 +1.81% 09:30 AM
EIRL Ireland 14.90
Fair
Fair
Fair
 14.72 15.52 16.18
+0.13 σ
-0.33 σ
-0.53 σ
 +8.49% 09:30 AM
ARGT Argentina 14.78
Fair
Overvalued
Overvalued
 12.94 12.69 10.78
+0.86 σ
+1.50 σ
+1.55 σ
 +6.31% 09:30 AM
EWP Spain 14.75
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+2.78 σ
+2.09 σ
+2.04 σ
 +7.98% 09:30 AM
EWI Italy 13.95
Overvalued
Overvalued
Overvalued
 10.62 11.48 11.17
+1.86 σ
+1.63 σ
+1.74 σ
 +8.21% 09:30 AM
EWO Austria 13.94
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.51 σ
+2.28 σ
+2.49 σ
 +16.60% 09:30 AM
EPU Perù 13.59
Fair
Fair
Fair
 12.14 12.85 12.33
+0.72 σ
+0.50 σ
+0.88 σ
 +8.09% 09:30 AM
EWZ Brazil 12.83
Expensive
Overvalued
Overvalued
 8.05 10.06 10.06
+3.43 σ
+1.44 σ
+1.90 σ
 -0.22% 09:30 AM
EWW Mexico 12.56
Fair
Fair
Fair
 12.50 13.59 14.26
+0.07 σ
-0.74 σ
-0.98 σ
 +5.36% 09:30 AM
ECH Chile 12.51
Fair
Fair
Undervalued
 10.11 13.15 14.54
+0.99 σ
-0.23 σ
-1.12 σ
 +0.40% 09:30 AM
EPOL Poland 12.28
Overvalued
Fair
Fair
 10.13 11.06 11.45
+1.05 σ
+0.88 σ
+0.67 σ
 +10.73% 09:30 AM
QAT Qatar 11.41
Fair
Undervalued
-
 12.67 13.37 -
-0.71 σ
-1.49 σ
-
 -3.00% 09:30 AM
COLO Colombia 11.09
Expensive
Fair
Fair
 7.21 9.44 12.34
+2.55 σ
+0.76 σ
-0.44 σ
 +7.96% 09:30 AM
GREK Greece 10.93
Fair
Fair
Fair
 9.37 11.34 10.92
+0.86 σ
-0.21 σ
+0.00 σ
 +8.76% 09:30 AM
FXI China 10.03
Fair
Fair
Fair
 10.03 11.16 10.98
0.00 σ
-0.83 σ
-0.57 σ
 -8.73% 09:30 AM
EZA South Africa 9.86
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.48 σ
-1.11 σ
-1.20 σ
 -3.09% 09:30 AM
EIDO Indonesia 9.83
Cheap
Cheap
Cheap
 12.66 14.06 13.66
-2.34 σ
-2.85 σ
-3.16 σ
 -34.25% 09:30 AM
EPHE Philippines 8.38
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.58 σ
-2.33 σ
-3.02 σ
 -2.73% 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).