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 26.32
Expensive
Expensive
Expensive
 16.79 15.51 14.32
+3.06 σ
+5.32 σ
+6.40 σ
 +13.77% 29 Oct
EWL Switzerland 26.07
Expensive
Expensive
Expensive
 20.31 18.70 16.10
+2.20 σ
+3.52 σ
+4.13 σ
 +3.85% 29 Oct
ENZL New Zealand 25.52
Fair
Fair
Fair
 26.77 27.54 21.73
-0.33 σ
-0.51 σ
+0.70 σ
 -2.40% 29 Oct
VTI United States 23.86
Fair
Overvalued
Expensive
 23.12 20.58 17.06
+0.28 σ
+1.09 σ
+2.16 σ
 +5.30% 29 Oct
INDA India 22.23
Fair
Fair
Overvalued
 23.05 21.03 18.19
-0.64 σ
+0.51 σ
+1.38 σ
 -3.64% 29 Oct
EWA Australia 21.32
Overvalued
Expensive
Expensive
 17.72 16.86 15.06
+1.33 σ
+2.24 σ
+3.37 σ
 +2.60% 29 Oct
EWC Canada 19.98
Overvalued
Expensive
Expensive
 16.44 15.52 14.54
+1.26 σ
+2.38 σ
+4.01 σ
 +5.58% 29 Oct
EWN Netherlands 18.70
Fair
Fair
Overvalued
 17.40 17.28 14.59
+0.84 σ
+0.72 σ
+1.64 σ
 +0.97% 29 Oct
EWG Germany 18.39
Overvalued
Expensive
Expensive
 14.59 14.05 12.60
+1.49 σ
+2.44 σ
+3.89 σ
 +0.39% 29 Oct
EWS Singapore 18.37
Expensive
Expensive
Expensive
 14.05 13.55 13.45
+2.43 σ
+4.04 σ
+4.81 σ
 +1.84% 29 Oct
EWQ France 17.48
Fair
Fair
Overvalued
 16.66 15.73 13.60
+0.41 σ
+0.99 σ
+1.77 σ
 -5.88% 29 Oct
EDEN Denmark 17.22
Fair
Fair
Fair
 15.79 17.93 16.60
+0.72 σ
-0.26 σ
+0.35 σ
 +3.84% 29 Oct
EWU United Kingdom 17.02
Fair
Overvalued
Expensive
 13.94 13.50 12.46
+0.95 σ
+1.79 σ
+2.60 σ
 +1.58% 29 Oct
EIS Israel 16.80
Overvalued
Expensive
Expensive
 12.29 11.63 11.00
+1.85 σ
+3.51 σ
+3.71 σ
 -3.73% 29 Oct
EIRL Ireland 16.56
Expensive
Fair
Fair
 14.51 15.52 16.24
+2.41 σ
+0.56 σ
+0.14 σ
 +7.15% 29 Oct
EWP Spain 15.70
Expensive
Expensive
Expensive
 11.34 12.08 11.64
+3.21 σ
+2.48 σ
+2.53 σ
 -1.58% 29 Oct
EWD Sweden 15.20
Fair
Fair
Fair
 15.96 16.22 14.98
-0.37 σ
-0.65 σ
+0.14 σ
 +1.02% 29 Oct
EWK Belgium 15.01
Fair
Fair
Fair
 15.88 16.76 15.10
-0.34 σ
-0.92 σ
-0.03 σ
 -0.09% 29 Oct
EWJ Japan 14.90
Fair
Fair
Fair
 15.04 14.64 14.45
-0.08 σ
+0.16 σ
+0.28 σ
 +3.48% 29 Oct
EWI Italy 14.51
Overvalued
Overvalued
Expensive
 10.74 11.57 11.21
+1.95 σ
+1.85 σ
+2.02 σ
 -3.02% 29 Oct
THD Thailand 14.32
Undervalued
Undervalued
Fair
 16.67 17.15 15.98
-1.33 σ
-1.51 σ
-0.73 σ
 -1.11% 29 Oct
NORW Norway 14.11
Overvalued
Fair
Overvalued
 10.76 12.67 11.69
+1.78 σ
+0.77 σ
+1.45 σ
 +6.12% 29 Oct
VNM Vietnam 13.85
Fair
Undervalued
-
 14.89 16.92 -
-0.55 σ
-1.15 σ
-
 -5.62% 29 Oct
EWO Austria 13.82
Overvalued
Expensive
Expensive
 8.74 9.80 9.97
+1.96 σ
+2.03 σ
+2.36 σ
 -0.22% 29 Oct
EPOL Poland 13.61
Overvalued
Overvalued
Overvalued
 10.14 11.11 11.49
+1.68 σ
+1.75 σ
+1.71 σ
 +10.86% 29 Oct
EWH Hong Kong 13.12
Undervalued
Cheap
Cheap
 15.44 15.44 15.27
-1.86 σ
-2.21 σ
-2.01 σ
 -3.24% 29 Oct
EWM Malaysia 12.92
Undervalued
Cheap
Cheap
 14.44 15.01 14.74
-1.85 σ
-2.57 σ
-2.38 σ
 -5.44% 29 Oct
ARGT Argentina 12.86
Fair
Fair
Fair
 13.20 12.87 10.85
-0.16 σ
-0.01 σ
+0.78 σ
 -11.49% 29 Oct
EWW Mexico 12.67
Fair
Fair
Fair
 12.35 13.41 14.25
+0.44 σ
-0.59 σ
-0.91 σ
 -2.21% 29 Oct
GREK Greece 12.42
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.77 σ
+0.57 σ
+0.71 σ
 +6.89% 29 Oct
ECH Chile 11.64
Fair
Fair
Undervalued
 10.03 13.05 14.45
+0.69 σ
-0.51 σ
-1.55 σ
 -12.81% 29 Oct
EZA South Africa 10.68
Fair
Fair
Fair
 10.68 11.80 11.88
-0.00 σ
-0.57 σ
-0.70 σ
 -6.58% 29 Oct
QAT Qatar 10.66
Undervalued
Undervalued
-
 12.20 13.29 -
-1.11 σ
-1.90 σ
-
 -10.83% 29 Oct
TUR Turkey 10.59
Overvalued
Expensive
Overvalued
 7.26 6.60 7.99
+1.05 σ
+2.51 σ
+1.56 σ
 -21.24% 29 Oct
COLO Colombia 10.10
Overvalued
Fair
Fair
 7.29 9.43 12.22
+1.71 σ
+0.31 σ
-0.77 σ
 +11.23% 29 Oct
FXI China 9.03
Undervalued
Undervalued
Undervalued
 9.82 11.08 10.94
-1.03 σ
-1.47 σ
-1.13 σ
 -8.43% 29 Oct
EWY South Korea 8.92
Undervalued
Undervalued
Undervalued
 10.84 10.40 9.98
-1.02 σ
-1.12 σ
-1.04 σ
 -0.38% 29 Oct
EPU Perù 8.47
Undervalued
Cheap
Cheap
 12.32 12.86 12.41
-1.88 σ
-2.88 σ
-2.80 σ
 -2.85% 29 Oct
EWZ Brazil 8.35
Fair
Fair
Undervalued
 8.29 10.06 10.14
+0.03 σ
-0.89 σ
-1.25 σ
 -10.92% 29 Oct
EPHE Philippines 7.62
Undervalued
Cheap
Cheap
 11.56 14.31 15.13
-1.88 σ
-2.41 σ
-3.25 σ
 -9.81% 29 Oct
EIDO Indonesia 7.61
Cheap
Cheap
Cheap
 12.32 13.86 13.66
-4.22 σ
-4.07 σ
-4.96 σ
 -28.15% 29 Oct
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).