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)
ENZL New Zealand 29.96
Fair
Fair
Overvalued
 27.14 27.32 21.25
+0.71 σ
+0.65 σ
+1.58 σ
 -2.10% 11:56 AM
VTI United States 26.05
Overvalued
Expensive
Expensive
 22.55 19.97 16.71
+1.42 σ
+2.17 σ
+3.27 σ
 +1.53% 01:00 PM
EWT Taiwan 24.05
Expensive
Expensive
Expensive
 16.01 15.02 14.05
+3.46 σ
+5.07 σ
+5.97 σ
 +14.17% 01:00 PM
EWL Switzerland 23.25
Overvalued
Expensive
Expensive
 19.71 18.24 15.83
+1.53 σ
+2.81 σ
+3.38 σ
 +2.42% 12:52 PM
EWA Australia 22.58
Expensive
Expensive
Expensive
 17.19 16.53 14.85
+2.22 σ
+3.45 σ
+4.68 σ
 +5.63% 12:59 PM
EWY South Korea 21.46
Expensive
Expensive
Expensive
 10.45 10.22 9.91
+9.59 σ
+10.36 σ
+12.16 σ
 +45.70% 01:00 PM
EWH Hong Kong 20.23
Expensive
Expensive
Expensive
 15.46 15.28 15.23
+4.13 σ
+5.33 σ
+4.98 σ
 +5.92% 01:00 PM
EWC Canada 20.04
Overvalued
Expensive
Expensive
 15.82 15.30 14.41
+1.69 σ
+3.04 σ
+4.65 σ
 +9.00% 01:00 PM
EWQ France 19.93
Overvalued
Expensive
Expensive
 16.56 15.43 13.40
+1.74 σ
+2.63 σ
+3.16 σ
 -0.78% 12:58 PM
EWU United Kingdom 19.70
Expensive
Expensive
Expensive
 13.24 13.38 12.32
+2.26 σ
+3.57 σ
+4.53 σ
 +7.58% 01:00 PM
EWJ Japan 19.46
Expensive
Expensive
Expensive
 14.84 14.29 14.43
+3.24 σ
+3.65 σ
+3.19 σ
 +5.23% 01:00 PM
EWK Belgium 19.38
Overvalued
Overvalued
Overvalued
 16.15 16.90 14.88
+1.20 σ
+1.26 σ
+1.72 σ
 +2.75% 12:58 PM
EWN Netherlands 18.93
Fair
Overvalued
Overvalued
 17.92 16.96 14.35
+0.41 σ
+1.01 σ
+1.92 σ
 +3.76% 12:58 PM
EWG Germany 18.31
Overvalued
Expensive
Expensive
 14.19 13.68 12.46
+1.85 σ
+3.06 σ
+4.38 σ
 -3.49% 12:59 PM
EWD Sweden 18.08
Fair
Overvalued
Expensive
 16.45 16.15 14.88
+0.70 σ
+1.24 σ
+2.03 σ
 +3.68% 12:45 PM
EIS Israel 17.55
Expensive
Expensive
Expensive
 11.90 11.35 10.98
+2.90 σ
+4.81 σ
+4.31 σ
 +18.80% 12:59 PM
EWS Singapore 16.93
Expensive
Expensive
Expensive
 13.69 13.28 13.39
+2.24 σ
+3.52 σ
+3.74 σ
 +1.95% 12:58 PM
EPU Perù 16.93
Expensive
Expensive
Expensive
 12.09 12.83 12.31
+2.49 σ
+2.83 σ
+3.20 σ
 +24.33% 12:58 PM
ARGT Argentina 16.71
Expensive
Expensive
Expensive
 12.65 12.50 10.68
+2.08 σ
+3.20 σ
+2.41 σ
 +1.99% 12:57 PM
EZA South Africa 16.49
Expensive
Expensive
Expensive
 10.68 12.13 11.91
+3.40 σ
+2.23 σ
+2.74 σ
 +4.45% 12:44 PM
EWM Malaysia 16.14
Expensive
Overvalued
Overvalued
 14.36 15.09 14.71
+2.27 σ
+1.38 σ
+1.81 σ
 +12.41% 12:56 PM
NORW Norway 15.92
Expensive
Overvalued
Expensive
 10.79 12.64 11.58
+2.66 σ
+1.78 σ
+2.70 σ
 +22.46% 12:59 PM
EWP Spain 15.88
Expensive
Expensive
Expensive
 11.29 11.89 11.56
+3.69 σ
+3.20 σ
+2.86 σ
 +7.95% 12:59 PM
VNM Vietnam 15.68
Fair
Fair
-
 15.52 16.63 -
+0.06 σ
-0.31 σ
-
 -0.84% 12:59 PM
EDEN Denmark 15.67
Fair
Fair
Fair
 16.62 18.14 16.55
-0.32 σ
-0.93 σ
-0.48 σ
 -7.97% 12:30 PM
EWO Austria 15.43
Expensive
Expensive
Expensive
 8.35 9.63 9.95
+3.63 σ
+3.17 σ
+3.41 σ
 +8.50% 12:59 PM
ECH Chile 15.23
Expensive
Fair
Fair
 10.14 13.17 14.57
+2.06 σ
+0.74 σ
+0.36 σ
 +11.39% 12:59 PM
THD Thailand 15.07
Undervalued
Undervalued
Fair
 17.47 17.50 15.84
-1.10 σ
-1.21 σ
-0.32 σ
 +11.21% 12:34 PM
EWW Mexico 14.99
Expensive
Fair
Fair
 12.52 13.67 14.27
+2.74 σ
+0.89 σ
+0.42 σ
 +9.31% 12:59 PM
EIRL Ireland 14.73
Fair
Fair
Fair
 15.09 15.59 16.16
-0.19 σ
-0.46 σ
-0.59 σ
 -0.78% 12:35 PM
TUR Turkey 14.22
Expensive
Expensive
Expensive
 6.08 6.44 7.94
+4.21 σ
+6.41 σ
+3.88 σ
 +11.40% 12:55 PM
EWI Italy 13.77
Overvalued
Overvalued
Overvalued
 10.61 11.44 11.16
+1.78 σ
+1.57 σ
+1.64 σ
 +2.73% 12:58 PM
EPOL Poland 13.67
Overvalued
Overvalued
Overvalued
 10.15 11.04 11.45
+1.69 σ
+1.92 σ
+1.81 σ
 +6.29% 12:54 PM
EWZ Brazil 13.57
Expensive
Overvalued
Expensive
 7.97 10.03 9.99
+4.43 σ
+1.88 σ
+2.47 σ
 +17.10% 01:00 PM
INDA India 12.63
Cheap
Cheap
Undervalued
 23.10 20.73 18.02
-8.48 σ
-3.31 σ
-1.90 σ
 -9.20% 01:00 PM
QAT Qatar 12.18
Fair
Fair
-
 13.01 13.38 -
-0.41 σ
-0.92 σ
-
 -2.45% 12:58 PM
GREK Greece 11.96
Overvalued
Fair
Fair
 9.47 11.35 10.97
+1.28 σ
+0.31 σ
+0.45 σ
 -0.62% 12:58 PM
EIDO Indonesia 11.90
Fair
Undervalued
Undervalued
 12.89 14.17 13.66
-0.77 σ
-1.59 σ
-1.46 σ
 -13.90% 01:00 PM
COLO Colombia 11.51
Expensive
Fair
Fair
 7.21 9.46 12.41
+2.83 σ
+0.92 σ
-0.31 σ
 +9.03% 12:59 PM
FXI China 10.50
Fair
Fair
Fair
 10.21 11.17 11.02
+0.25 σ
-0.50 σ
-0.31 σ
 -5.45% 12:59 PM
EPHE Philippines 10.12
Undervalued
Undervalued
Cheap
 12.63 14.92 15.20
-1.01 σ
-1.84 σ
-2.33 σ
 -4.25% 12:57 PM
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).