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 28.67
Expensive
Expensive
Expensive
 16.79 15.51 14.32
+3.81 σ
+6.47 σ
+7.65 σ
 +32.54% 09:30 AM
ENZL New Zealand 24.47
Fair
Fair
Fair
 26.77 27.54 21.73
-0.60 σ
-0.78 σ
+0.50 σ
 -2.56% 09:30 AM
VTI United States 24.22
Fair
Overvalued
Expensive
 23.12 20.58 17.06
+0.41 σ
+1.21 σ
+2.27 σ
 +6.95% 09:30 AM
EWL Switzerland 23.13
Overvalued
Expensive
Expensive
 20.31 18.70 16.10
+1.08 σ
+2.12 σ
+2.92 σ
 -3.86% 09:30 AM
INDA India 21.14
Undervalued
Fair
Overvalued
 23.05 21.03 18.19
-1.49 σ
+0.05 σ
+1.01 σ
 -6.53% 09:30 AM
EWA Australia 19.79
Fair
Overvalued
Expensive
 17.72 16.86 15.06
+0.76 σ
+1.47 σ
+2.54 σ
 -0.86% 09:30 AM
EWJ Japan 19.31
Expensive
Expensive
Expensive
 15.04 14.64 14.45
+2.54 σ
+2.99 σ
+3.02 σ
 +9.74% 09:30 AM
EWN Netherlands 18.58
Fair
Fair
Overvalued
 17.40 17.28 14.59
+0.76 σ
+0.66 σ
+1.59 σ
 +5.13% 09:30 AM
EWS Singapore 18.49
Expensive
Expensive
Expensive
 14.05 13.55 13.45
+2.50 σ
+4.14 σ
+4.93 σ
 +10.83% 09:30 AM
EWC Canada 18.46
Fair
Overvalued
Expensive
 16.44 15.52 14.54
+0.72 σ
+1.57 σ
+2.89 σ
 +1.74% 09:30 AM
EWG Germany 17.29
Overvalued
Overvalued
Expensive
 14.59 14.05 12.60
+1.06 σ
+1.82 σ
+3.15 σ
 -2.68% 09:30 AM
EIS Israel 17.26
Expensive
Expensive
Expensive
 12.29 11.63 11.00
+2.04 σ
+3.82 σ
+4.00 σ
 -0.66% 09:30 AM
EWQ France 16.35
Fair
Fair
Overvalued
 16.66 15.73 13.60
-0.16 σ
+0.35 σ
+1.25 σ
 -7.85% 09:30 AM
EWU United Kingdom 16.22
Fair
Overvalued
Expensive
 13.94 13.50 12.46
+0.71 σ
+1.38 σ
+2.14 σ
 -1.15% 09:30 AM
EDEN Denmark 15.46
Fair
Fair
Fair
 15.79 17.93 16.60
-0.17 σ
-0.92 σ
-0.63 σ
 -3.07% 09:30 AM
EWP Spain 15.20
Expensive
Expensive
Expensive
 11.34 12.08 11.64
+2.84 σ
+2.13 σ
+2.22 σ
 +1.65% 09:30 AM
EIRL Ireland 15.05
Fair
Fair
Fair
 14.51 15.52 16.24
+0.64 σ
-0.25 σ
-0.51 σ
 +5.78% 09:30 AM
ARGT Argentina 14.37
Fair
Overvalued
Overvalued
 13.20 12.87 10.85
+0.53 σ
+1.06 σ
+1.37 σ
 -3.33% 09:30 AM
EWI Italy 14.17
Overvalued
Overvalued
Overvalued
 10.74 11.57 11.21
+1.77 σ
+1.63 σ
+1.81 σ
 -0.95% 09:30 AM
THD Thailand 14.14
Undervalued
Undervalued
Fair
 16.67 17.15 15.98
-1.44 σ
-1.61 σ
-0.81 σ
 +2.56% 09:30 AM
EWD Sweden 14.12
Fair
Undervalued
Fair
 15.96 16.22 14.98
-0.90 σ
-1.34 σ
-0.55 σ
 -2.59% 09:30 AM
EWK Belgium 14.02
Fair
Undervalued
Fair
 15.88 16.76 15.10
-0.74 σ
-1.44 σ
-0.42 σ
 -3.35% 09:30 AM
VNM Vietnam 13.26
Fair
Undervalued
-
 14.89 16.92 -
-0.86 σ
-1.37 σ
-
 -6.95% 09:30 AM
EPOL Poland 12.98
Overvalued
Overvalued
Overvalued
 10.14 11.11 11.49
+1.37 σ
+1.31 σ
+1.20 σ
 +9.90% 09:30 AM
NORW Norway 12.74
Overvalued
Fair
Fair
 10.76 12.67 11.69
+1.05 σ
+0.04 σ
+0.63 σ
 +0.26% 09:30 AM
EWH Hong Kong 12.67
Cheap
Cheap
Cheap
 15.44 15.44 15.27
-2.22 σ
-2.64 σ
-2.43 σ
 -4.37% 09:30 AM
EWO Austria 12.59
Overvalued
Overvalued
Overvalued
 8.74 9.80 9.97
+1.49 σ
+1.41 σ
+1.61 σ
 +5.20% 09:30 AM
TUR Turkey 12.23
Overvalued
Expensive
Expensive
 7.26 6.60 7.99
+1.57 σ
+3.54 σ
+2.53 σ
 -11.67% 09:30 AM
EWZ Brazil 11.89
Expensive
Fair
Overvalued
 8.29 10.06 10.14
+2.18 σ
+0.96 σ
+1.22 σ
 +17.93% 09:30 AM
EWW Mexico 11.89
Fair
Undervalued
Undervalued
 12.35 13.41 14.25
-0.62 σ
-1.21 σ
-1.36 σ
 -5.22% 09:30 AM
ECH Chile 11.34
Fair
Fair
Undervalued
 10.03 13.05 14.45
+0.56 σ
-0.62 σ
-1.72 σ
 -7.46% 09:30 AM
GREK Greece 11.27
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.11 σ
-0.02 σ
+0.17 σ
 +11.63% 09:30 AM
QAT Qatar 10.65
Undervalued
Undervalued
-
 12.20 13.29 -
-1.12 σ
-1.91 σ
-
 -11.12% 09:30 AM
EWY South Korea 10.55
Fair
Fair
Fair
 10.84 10.40 9.98
-0.15 σ
+0.11 σ
+0.55 σ
 +22.08% 09:30 AM
COLO Colombia 10.48
Overvalued
Fair
Fair
 7.29 9.43 12.22
+1.94 σ
+0.48 σ
-0.63 σ
 +16.22% 09:30 AM
EIDO Indonesia 9.00
Cheap
Cheap
Cheap
 12.32 13.86 13.66
-2.98 σ
-3.16 σ
-3.82 σ
 -19.20% 09:30 AM
EPU Perù 8.95
Undervalued
Cheap
Cheap
 12.32 12.86 12.41
-1.65 σ
-2.57 σ
-2.46 σ
 +6.91% 09:30 AM
FXI China 8.84
Undervalued
Undervalued
Undervalued
 9.82 11.08 10.94
-1.28 σ
-1.60 σ
-1.24 σ
 -6.56% 09:30 AM
EZA South Africa 8.21
Undervalued
Undervalued
Cheap
 10.68 11.80 11.88
-1.35 σ
-1.84 σ
-2.12 σ
 -8.59% 09:30 AM
EWM Malaysia 7.64
Cheap
Cheap
Cheap
 14.44 15.01 14.74
-8.27 σ
-9.05 σ
-9.26 σ
 -4.53% 09:30 AM
EPHE Philippines 7.51
Undervalued
Cheap
Cheap
 11.56 14.31 15.13
-1.93 σ
-2.45 σ
-3.30 σ
 -8.87% 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).