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 26.95
Expensive
Expensive
Expensive
 16.61 15.43 14.28
+3.49 σ
+5.85 σ
+6.89 σ
 +30.24% 09:30 AM
ENZL New Zealand 25.17
Fair
Fair
Fair
 26.84 27.52 21.67
-0.44 σ
-0.59 σ
+0.64 σ
 +0.17% 09:30 AM
VTI United States 24.58
Fair
Overvalued
Expensive
 23.07 20.51 17.01
+0.56 σ
+1.35 σ
+2.43 σ
 +6.81% 09:30 AM
EWL Switzerland 23.55
Overvalued
Expensive
Expensive
 20.22 18.64 16.06
+1.28 σ
+2.39 σ
+3.15 σ
 -1.88% 09:30 AM
INDA India 22.05
Fair
Fair
Overvalued
 23.11 21.00 18.17
-0.84 σ
+0.45 σ
+1.33 σ
 -3.48% 09:30 AM
EWA Australia 20.39
Overvalued
Overvalued
Expensive
 17.66 16.83 15.03
+1.02 σ
+1.81 σ
+2.93 σ
 +2.89% 09:30 AM
EWJ Japan 19.16
Expensive
Expensive
Expensive
 14.99 14.60 14.44
+2.58 σ
+2.98 σ
+2.95 σ
 +10.34% 09:30 AM
EWC Canada 19.03
Fair
Overvalued
Expensive
 16.37 15.50 14.52
+0.95 σ
+1.90 σ
+3.40 σ
 +5.89% 09:30 AM
EWS Singapore 18.69
Expensive
Expensive
Expensive
 13.99 13.51 13.44
+2.75 σ
+4.45 σ
+5.20 σ
 +13.69% 09:30 AM
EWN Netherlands 18.62
Fair
Fair
Overvalued
 17.44 17.24 14.56
+0.73 σ
+0.70 σ
+1.63 σ
 +6.60% 09:30 AM
EWG Germany 17.97
Overvalued
Expensive
Expensive
 14.53 14.00 12.58
+1.37 σ
+2.27 σ
+3.68 σ
 +1.32% 09:30 AM
EWQ France 17.57
Fair
Overvalued
Overvalued
 16.66 15.70 13.58
+0.45 σ
+1.05 σ
+1.83 σ
 -1.12% 09:30 AM
EIS Israel 17.52
Expensive
Expensive
Expensive
 12.19 11.58 11.00
+2.29 σ
+4.12 σ
+4.19 σ
 +1.96% 09:30 AM
EWU United Kingdom 16.85
Fair
Overvalued
Expensive
 13.85 13.50 12.44
+0.93 σ
+1.71 σ
+2.54 σ
 +3.39% 09:30 AM
EDEN Denmark 16.35
Fair
Fair
Fair
 15.88 17.96 16.59
+0.22 σ
-0.60 σ
-0.13 σ
 +2.51% 09:30 AM
EWP Spain 16.12
Expensive
Expensive
Expensive
 11.32 12.05 11.63
+3.68 σ
+2.84 σ
+2.82 σ
 +9.06% 09:30 AM
EIRL Ireland 15.77
Overvalued
Fair
Fair
 14.55 15.53 16.23
+1.33 σ
+0.13 σ
-0.20 σ
 +11.94% 09:30 AM
ARGT Argentina 15.32
Fair
Overvalued
Overvalued
 13.17 12.84 10.86
+0.98 σ
+1.74 σ
+1.72 σ
 +2.98% 09:30 AM
EWI Italy 15.27
Expensive
Expensive
Expensive
 10.70 11.54 11.20
+2.43 σ
+2.38 σ
+2.51 σ
 +7.80% 09:30 AM
EWK Belgium 14.94
Fair
Fair
Fair
 15.96 16.82 15.08
-0.40 σ
-0.98 σ
-0.05 σ
 +3.70% 09:30 AM
THD Thailand 14.65
Undervalued
Undervalued
Fair
 16.80 17.18 15.97
-1.19 σ
-1.36 σ
-0.57 σ
 +7.87% 09:30 AM
EWD Sweden 14.64
Fair
Undervalued
Fair
 16.04 16.23 14.97
-0.68 σ
-1.03 σ
-0.21 σ
 +1.42% 09:30 AM
TUR Turkey 14.24
Expensive
Expensive
Expensive
 7.11 6.56 7.99
+2.29 σ
+5.13 σ
+3.76 σ
 +3.32% 09:30 AM
VNM Vietnam 13.74
Fair
Undervalued
-
 15.01 16.91 -
-0.64 σ
-1.18 σ
-
 -3.99% 09:30 AM
EPOL Poland 13.60
Overvalued
Overvalued
Overvalued
 10.13 11.10 11.48
+1.68 σ
+1.77 σ
+1.72 σ
 +17.62% 09:30 AM
NORW Norway 13.51
Overvalued
Fair
Overvalued
 10.78 12.68 11.67
+1.42 σ
+0.44 σ
+1.10 σ
 +8.09% 09:30 AM
EWO Austria 13.38
Overvalued
Overvalued
Expensive
 8.68 9.77 9.96
+1.86 σ
+1.84 σ
+2.10 σ
 +13.98% 09:30 AM
EWH Hong Kong 13.11
Undervalued
Cheap
Cheap
 15.51 15.46 15.28
-1.94 σ
-2.27 σ
-2.04 σ
 -0.88% 09:30 AM
EWW Mexico 12.47
Fair
Fair
Undervalued
 12.39 13.46 14.26
+0.11 σ
-0.77 σ
-1.03 σ
 -0.15% 09:30 AM
GREK Greece 11.89
Overvalued
Fair
Fair
 9.34 11.32 10.91
+1.44 σ
+0.29 σ
+0.46 σ
 +20.22% 09:30 AM
ECH Chile 11.77
Fair
Fair
Undervalued
 10.05 13.09 14.48
+0.74 σ
-0.48 σ
-1.50 σ
 -3.84% 09:30 AM
QAT Qatar 11.23
Fair
Undervalued
-
 12.31 13.33 -
-0.73 σ
-1.53 σ
-
 -7.18% 09:30 AM
COLO Colombia 10.97
Expensive
Fair
Fair
 7.27 9.44 12.26
+2.30 σ
+0.70 σ
-0.46 σ
 +24.45% 09:30 AM
EWZ Brazil 10.57
Overvalued
Fair
Fair
 8.24 10.08 10.13
+1.44 σ
+0.26 σ
+0.31 σ
 +5.89% 09:30 AM
EWY South Korea 10.40
Fair
Fair
Fair
 10.85 10.40 9.99
-0.24 σ
+0.00 σ
+0.40 σ
 +26.32% 09:30 AM
EIDO Indonesia 9.64
Cheap
Cheap
Cheap
 12.41 13.91 13.66
-2.45 σ
-2.80 σ
-3.31 σ
 -16.46% 09:30 AM
EZA South Africa 9.11
Fair
Undervalued
Undervalued
 10.69 11.86 11.89
-0.87 σ
-1.41 σ
-1.62 σ
 +1.28% 09:30 AM
FXI China 9.01
Undervalued
Undervalued
Undervalued
 9.87 11.11 10.95
-1.10 σ
-1.52 σ
-1.15 σ
 -5.82% 09:30 AM
EPU Perù 8.94
Undervalued
Cheap
Cheap
 12.32 12.89 12.41
-1.66 σ
-2.65 σ
-2.47 σ
 +9.26% 09:30 AM
EPHE Philippines 7.91
Undervalued
Cheap
Cheap
 11.73 14.40 15.14
-1.76 σ
-2.36 σ
-3.16 σ
 -4.55% 09:30 AM
EWM Malaysia 7.82
Cheap
Cheap
Cheap
 14.45 15.03 14.75
-8.25 σ
-9.06 σ
-9.04 σ
 -2.10% 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).