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 29.38
Expensive
Expensive
Expensive
 17.00 15.58 14.35
+3.77 σ
+6.59 σ
+7.85 σ
 +1.91% 09:30 AM
ENZL New Zealand 25.97
Fair
Fair
Fair
 26.72 27.57 21.79
-0.20 σ
-0.41 σ
+0.77 σ
 +0.72% 09:30 AM
EWL Switzerland 24.20
Overvalued
Expensive
Expensive
 20.40 18.77 16.13
+1.43 σ
+2.54 σ
+3.29 σ
 +5.67% 09:30 AM
VTI United States 23.35
Fair
Fair
Overvalued
 23.16 20.65 17.10
+0.07 σ
+0.90 σ
+1.96 σ
 +2.70% 09:30 AM
INDA India 21.72
Undervalued
Fair
Overvalued
 23.03 21.08 18.22
-1.02 σ
+0.28 σ
+1.19 σ
 +5.56% 09:30 AM
EWA Australia 20.55
Overvalued
Overvalued
Expensive
 17.80 16.91 15.10
+1.00 σ
+1.80 σ
+2.90 σ
 +1.55% 09:30 AM
EWS Singapore 19.14
Expensive
Expensive
Expensive
 14.13 13.59 13.46
+2.73 σ
+4.54 σ
+5.50 σ
 +0.01% 09:30 AM
EWC Canada 19.10
Fair
Overvalued
Expensive
 16.56 15.56 14.57
+0.90 σ
+1.84 σ
+3.27 σ
 +3.42% 09:30 AM
EWN Netherlands 19.02
Overvalued
Fair
Overvalued
 17.35 17.31 14.62
+1.11 σ
+0.87 σ
+1.75 σ
 +0.68% 09:30 AM
EIS Israel 18.62
Expensive
Expensive
Expensive
 12.36 11.69 11.01
+2.50 σ
+4.65 σ
+4.84 σ
 -6.73% 09:30 AM
EWG Germany 18.08
Overvalued
Expensive
Expensive
 14.69 14.10 12.62
+1.31 σ
+2.18 σ
+3.58 σ
 +1.74% 09:30 AM
EWQ France 17.46
Fair
Fair
Overvalued
 16.70 15.77 13.63
+0.37 σ
+0.95 σ
+1.74 σ
 -1.92% 09:30 AM
EWP Spain 16.95
Expensive
Expensive
Expensive
 11.39 12.10 11.65
+3.83 σ
+3.26 σ
+3.28 σ
 +3.88% 09:30 AM
EWU United Kingdom 16.90
Fair
Overvalued
Expensive
 14.05 13.53 12.48
+0.88 σ
+1.68 σ
+2.49 σ
 +2.01% 09:30 AM
EDEN Denmark 16.54
Fair
Fair
Fair
 15.73 17.93 16.61
+0.42 σ
-0.52 σ
-0.04 σ
 +6.04% 09:30 AM
EIRL Ireland 16.50
Expensive
Fair
Fair
 14.50 15.52 16.26
+2.40 σ
+0.52 σ
+0.10 σ
 +8.30% 09:30 AM
EWK Belgium 15.78
Fair
Fair
Fair
 15.80 16.73 15.12
-0.01 σ
-0.50 σ
+0.26 σ
 +4.74% 09:30 AM
EWJ Japan 15.59
Fair
Fair
Fair
 15.03 14.65 14.43
+0.34 σ
+0.61 σ
+0.73 σ
 -1.21% 09:30 AM
EWI Italy 15.32
Expensive
Expensive
Expensive
 10.79 11.59 11.22
+2.28 σ
+2.32 σ
+2.50 σ
 +1.99% 09:30 AM
EWD Sweden 14.91
Fair
Fair
Fair
 15.90 16.21 14.98
-0.49 σ
-0.83 σ
-0.05 σ
 +3.10% 09:30 AM
THD Thailand 14.45
Undervalued
Undervalued
Fair
 16.54 17.13 15.99
-1.21 σ
-1.41 σ
-0.68 σ
 -4.49% 09:30 AM
EWO Austria 14.35
Expensive
Expensive
Expensive
 8.82 9.83 9.97
+2.06 σ
+2.24 σ
+2.68 σ
 +2.15% 09:30 AM
ARGT Argentina 13.94
Fair
Fair
Overvalued
 13.23 12.88 10.86
+0.33 σ
+0.75 σ
+1.20 σ
 -19.09% 09:30 AM
EPOL Poland 13.57
Overvalued
Overvalued
Overvalued
 10.14 11.13 11.49
+1.66 σ
+1.69 σ
+1.67 σ
 +6.82% 09:30 AM
NORW Norway 13.26
Overvalued
Fair
Fair
 10.79 12.66 11.70
+1.28 σ
+0.32 σ
+0.93 σ
 -0.59% 09:30 AM
EWH Hong Kong 12.83
Undervalued
Cheap
Cheap
 15.39 15.41 15.25
-2.00 σ
-2.42 σ
-2.25 σ
 +1.96% 09:30 AM
EWM Malaysia 12.58
Cheap
Cheap
Cheap
 14.42 14.98 14.74
-2.19 σ
-2.88 σ
-2.80 σ
 -5.41% 09:30 AM
GREK Greece 12.57
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.86 σ
+0.65 σ
+0.78 σ
 +8.22% 09:30 AM
ECH Chile 12.43
Overvalued
Fair
Undervalued
 10.03 13.01 14.42
+1.03 σ
-0.21 σ
-1.10 σ
 -10.70% 09:30 AM
EWW Mexico 12.26
Fair
Fair
Undervalued
 12.33 13.37 14.24
-0.10 σ
-0.91 σ
-1.13 σ
 +0.94% 09:30 AM
TUR Turkey 11.81
Overvalued
Expensive
Expensive
 7.37 6.63 7.99
+1.40 σ
+3.19 σ
+2.28 σ
 -18.13% 09:30 AM
VNM Vietnam 11.50
Undervalued
Cheap
-
 14.80 16.93 -
-1.78 σ
-2.04 σ
-
 -3.50% 09:30 AM
EZA South Africa 10.78
Fair
Fair
Fair
 10.70 11.75 11.88
+0.04 σ
-0.50 σ
-0.63 σ
 -0.53% 09:30 AM
EWY South Korea 10.74
Fair
Fair
Fair
 10.81 10.38 9.97
-0.04 σ
+0.27 σ
+0.74 σ
 -13.28% 09:30 AM
QAT Qatar 10.61
Undervalued
Undervalued
-
 12.09 13.27 -
-1.13 σ
-1.89 σ
-
 -1.52% 09:30 AM
EWZ Brazil 10.47
Overvalued
Fair
Fair
 8.31 10.01 10.15
+1.32 σ
+0.24 σ
+0.23 σ
 -13.05% 09:30 AM
COLO Colombia 10.30
Overvalued
Fair
Fair
 7.31 9.41 12.19
+1.79 σ
+0.41 σ
-0.69 σ
 +10.06% 09:30 AM
FXI China 9.01
Undervalued
Undervalued
Undervalued
 9.77 11.05 10.92
-1.03 σ
-1.45 σ
-1.13 σ
 -2.84% 09:30 AM
EPU Perù 8.57
Undervalued
Cheap
Cheap
 12.28 12.83 12.41
-1.78 σ
-2.74 σ
-2.73 σ
 -5.64% 09:30 AM
EIDO Indonesia 8.50
Cheap
Cheap
Cheap
 12.20 13.80 13.65
-3.36 σ
-3.43 σ
-4.19 σ
 -25.32% 09:30 AM
EPHE Philippines 7.39
Undervalued
Cheap
Cheap
 11.40 14.22 15.11
-1.98 σ
-2.45 σ
-3.31 σ
 -8.52% 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).