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 29.78
Expensive
Expensive
Expensive
 17.00 15.58 14.35
+3.89 σ
+6.78 σ
+8.06 σ
 +2.86% 09:30 AM
ENZL New Zealand 25.62
Fair
Fair
Fair
 26.72 27.57 21.79
-0.29 σ
-0.50 σ
+0.71 σ
 -0.58% 09:30 AM
EWL Switzerland 23.95
Overvalued
Expensive
Expensive
 20.40 18.77 16.13
+1.33 σ
+2.43 σ
+3.19 σ
 +4.50% 09:30 AM
VTI United States 23.41
Fair
Fair
Overvalued
 23.16 20.65 17.10
+0.09 σ
+0.92 σ
+1.98 σ
 +2.86% 09:30 AM
INDA India 21.55
Undervalued
Fair
Overvalued
 23.03 21.08 18.22
-1.15 σ
+0.20 σ
+1.13 σ
 +4.77% 09:30 AM
EWA Australia 20.31
Fair
Overvalued
Expensive
 17.80 16.91 15.10
+0.91 σ
+1.68 σ
+2.77 σ
 +0.33% 09:30 AM
EWC Canada 18.97
Fair
Overvalued
Expensive
 16.56 15.56 14.57
+0.85 σ
+1.78 σ
+3.18 σ
 +2.66% 09:30 AM
EWS Singapore 18.97
Expensive
Expensive
Expensive
 14.13 13.59 13.46
+2.64 σ
+4.40 σ
+5.34 σ
 -0.94% 09:30 AM
EWN Netherlands 18.78
Fair
Fair
Overvalued
 17.35 17.31 14.62
+0.95 σ
+0.75 σ
+1.66 σ
 -0.62% 09:30 AM
EIS Israel 18.24
Expensive
Expensive
Expensive
 12.36 11.69 11.01
+2.35 σ
+4.39 σ
+4.60 σ
 -8.56% 09:30 AM
EWG Germany 18.06
Overvalued
Expensive
Expensive
 14.69 14.10 12.62
+1.30 σ
+2.17 σ
+3.57 σ
 +1.65% 09:30 AM
EWQ France 17.37
Fair
Fair
Overvalued
 16.70 15.77 13.63
+0.33 σ
+0.90 σ
+1.70 σ
 -2.33% 09:30 AM
EWU United Kingdom 16.88
Fair
Overvalued
Expensive
 14.05 13.53 12.48
+0.87 σ
+1.68 σ
+2.48 σ
 +1.88% 09:30 AM
EWP Spain 16.80
Expensive
Expensive
Expensive
 11.39 12.10 11.65
+3.72 σ
+3.16 σ
+3.18 σ
 +2.86% 09:30 AM
EDEN Denmark 16.61
Fair
Fair
Fair
 15.73 17.93 16.61
+0.46 σ
-0.49 σ
+0.00 σ
 +6.59% 09:30 AM
EIRL Ireland 16.37
Expensive
Fair
Fair
 14.50 15.52 16.26
+2.24 σ
+0.45 σ
+0.04 σ
 +7.28% 09:30 AM
EWJ Japan 15.74
Fair
Fair
Fair
 15.03 14.65 14.43
+0.42 σ
+0.70 σ
+0.82 σ
 -0.37% 09:30 AM
EWK Belgium 15.56
Fair
Fair
Fair
 15.80 16.73 15.12
-0.09 σ
-0.61 σ
+0.17 σ
 +3.27% 09:30 AM
EWI Italy 15.04
Expensive
Expensive
Expensive
 10.79 11.59 11.22
+2.14 σ
+2.14 σ
+2.32 σ
 +0.04% 09:30 AM
EWD Sweden 14.78
Fair
Fair
Fair
 15.90 16.21 14.98
-0.55 σ
-0.91 σ
-0.13 σ
 +2.21% 09:30 AM
THD Thailand 14.50
Undervalued
Undervalued
Fair
 16.54 17.13 15.99
-1.19 σ
-1.39 σ
-0.66 σ
 -4.24% 09:30 AM
EWO Austria 14.18
Expensive
Expensive
Expensive
 8.82 9.83 9.97
+2.00 σ
+2.16 σ
+2.58 σ
 +0.86% 09:30 AM
ARGT Argentina 13.92
Fair
Fair
Overvalued
 13.23 12.88 10.86
+0.31 σ
+0.73 σ
+1.19 σ
 -18.87% 09:30 AM
EPOL Poland 13.81
Overvalued
Overvalued
Overvalued
 10.14 11.13 11.49
+1.77 σ
+1.86 σ
+1.86 σ
 +8.44% 09:30 AM
NORW Norway 13.42
Overvalued
Fair
Overvalued
 10.79 12.66 11.70
+1.37 σ
+0.41 σ
+1.02 σ
 +0.49% 09:30 AM
EWH Hong Kong 12.75
Cheap
Cheap
Cheap
 15.39 15.41 15.25
-2.07 σ
-2.51 σ
-2.33 σ
 +1.28% 09:30 AM
GREK Greece 12.41
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.77 σ
+0.57 σ
+0.70 σ
 +6.72% 09:30 AM
EWM Malaysia 12.30
Cheap
Cheap
Cheap
 14.42 14.98 14.74
-2.53 σ
-3.21 σ
-3.17 σ
 -7.35% 09:30 AM
EWW Mexico 12.29
Fair
Fair
Undervalued
 12.33 13.37 14.24
-0.05 σ
-0.88 σ
-1.11 σ
 +1.23% 09:30 AM
ECH Chile 12.26
Fair
Fair
Undervalued
 10.03 13.01 14.42
+0.96 σ
-0.27 σ
-1.19 σ
 -11.51% 09:30 AM
TUR Turkey 11.99
Overvalued
Expensive
Expensive
 7.37 6.63 7.99
+1.46 σ
+3.30 σ
+2.39 σ
 -16.58% 09:30 AM
VNM Vietnam 11.31
Undervalued
Cheap
-
 14.80 16.93 -
-1.88 σ
-2.11 σ
-
 -4.99% 09:30 AM
EWY South Korea 10.80
Fair
Fair
Fair
 10.81 10.38 9.97
-0.01 σ
+0.31 σ
+0.80 σ
 -12.95% 09:30 AM
QAT Qatar 10.50
Undervalued
Undervalued
-
 12.09 13.27 -
-1.22 σ
-1.97 σ
-
 -2.39% 09:30 AM
EWZ Brazil 10.46
Overvalued
Fair
Fair
 8.31 10.01 10.15
+1.31 σ
+0.24 σ
+0.22 σ
 -12.95% 09:30 AM
EZA South Africa 10.26
Fair
Fair
Fair
 10.70 11.75 11.88
-0.25 σ
-0.77 σ
-0.94 σ
 -5.08% 09:30 AM
COLO Colombia 9.78
Overvalued
Fair
Fair
 7.31 9.41 12.19
+1.48 σ
+0.17 σ
-0.88 σ
 +4.45% 09:30 AM
EIDO Indonesia 8.83
Cheap
Cheap
Cheap
 12.20 13.80 13.65
-3.06 σ
-3.22 σ
-3.92 σ
 -21.78% 09:30 AM
FXI China 8.75
Undervalued
Undervalued
Undervalued
 9.77 11.05 10.92
-1.38 σ
-1.64 σ
-1.28 σ
 -5.38% 09:30 AM
EPU Perù 8.53
Undervalued
Cheap
Cheap
 12.28 12.83 12.41
-1.80 σ
-2.76 σ
-2.75 σ
 -5.90% 09:30 AM
EPHE Philippines 7.17
Cheap
Cheap
Cheap
 11.40 14.22 15.11
-2.09 σ
-2.53 σ
-3.40 σ
 -10.93% 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).