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 29.62
Expensive
Expensive
Expensive
 16.46 15.36 14.24
+4.66 σ
+7.40 σ
+8.49 σ
 +27.66% 09:30 AM
ENZL New Zealand 27.87
Fair
Fair
Overvalued
 26.88 27.50 21.60
+0.26 σ
+0.09 σ
+1.14 σ
 +5.18% 09:30 AM
VTI United States 27.15
Overvalued
Expensive
Expensive
 23.01 20.44 16.95
+1.54 σ
+2.24 σ
+3.32 σ
 +9.79% 09:30 AM
EWL Switzerland 25.02
Overvalued
Expensive
Expensive
 20.13 18.57 16.02
+1.93 σ
+3.22 σ
+3.84 σ
 +5.98% 09:30 AM
INDA India 22.99
Fair
Fair
Overvalued
 23.13 20.95 18.14
-0.11 σ
+0.86 σ
+1.67 σ
 -1.30% 09:30 AM
EWA Australia 22.27
Overvalued
Expensive
Expensive
 17.56 16.79 14.99
+1.78 σ
+2.84 σ
+4.03 σ
 +7.60% 09:30 AM
EWC Canada 21.70
Overvalued
Expensive
Expensive
 16.25 15.47 14.50
+1.97 σ
+3.46 σ
+5.54 σ
 +8.96% 09:30 AM
EWN Netherlands 21.46
Expensive
Expensive
Expensive
 17.47 17.18 14.52
+2.38 σ
+2.18 σ
+2.82 σ
 +10.62% 09:30 AM
EWQ France 19.62
Overvalued
Expensive
Expensive
 16.64 15.67 13.54
+1.48 σ
+2.22 σ
+2.80 σ
 +5.28% 09:30 AM
EWJ Japan 19.18
Expensive
Expensive
Expensive
 14.93 14.55 14.44
+2.74 σ
+3.08 σ
+2.97 σ
 +8.69% 09:30 AM
EWY South Korea 18.50
Expensive
Expensive
Expensive
 10.71 10.36 9.97
+4.74 σ
+6.37 σ
+8.42 σ
 +22.30% 09:30 AM
EWG Germany 18.49
Overvalued
Expensive
Expensive
 14.46 13.95 12.56
+1.63 σ
+2.66 σ
+4.12 σ
 +4.08% 09:30 AM
EWU United Kingdom 18.28
Overvalued
Expensive
Expensive
 13.77 13.50 12.42
+1.40 σ
+2.44 σ
+3.40 σ
 +6.04% 09:30 AM
EWS Singapore 18.01
Expensive
Expensive
Expensive
 13.92 13.47 13.43
+2.46 σ
+4.00 σ
+4.59 σ
 +11.96% 09:30 AM
EWK Belgium 17.87
Fair
Fair
Overvalued
 16.04 16.85 15.06
+0.71 σ
+0.53 σ
+1.08 σ
 +6.89% 09:30 AM
EWH Hong Kong 17.69
Overvalued
Expensive
Expensive
 15.48 15.44 15.28
+1.86 σ
+2.22 σ
+2.30 σ
 +0.29% 09:30 AM
EWD Sweden 17.61
Fair
Fair
Overvalued
 16.13 16.24 14.96
+0.71 σ
+0.89 σ
+1.68 σ
 +6.24% 09:30 AM
EIRL Ireland 17.02
Expensive
Fair
Fair
 14.57 15.53 16.21
+2.54 σ
+0.79 σ
+0.34 σ
 +10.43% 09:30 AM
EIS Israel 16.47
Overvalued
Expensive
Expensive
 12.11 11.54 10.99
+1.95 σ
+3.50 σ
+3.55 σ
 +1.56% 09:30 AM
EWP Spain 16.39
Expensive
Expensive
Expensive
 11.30 12.03 11.62
+4.00 σ
+3.12 σ
+3.02 σ
 +12.34% 09:30 AM
EDEN Denmark 15.80
Fair
Fair
Fair
 15.95 17.97 16.58
-0.07 σ
-0.81 σ
-0.43 σ
 +0.15% 09:30 AM
EWI Italy 15.75
Expensive
Expensive
Expensive
 10.66 11.52 11.19
+2.76 σ
+2.73 σ
+2.82 σ
 +12.58% 09:30 AM
THD Thailand 15.67
Fair
Fair
Fair
 16.94 17.25 15.96
-0.69 σ
-0.84 σ
-0.13 σ
 +8.84% 09:30 AM
ARGT Argentina 15.62
Overvalued
Expensive
Overvalued
 13.09 12.79 10.86
+1.17 σ
+2.02 σ
+1.83 σ
 +2.99% 09:30 AM
EPU Perù 15.26
Overvalued
Overvalued
Expensive
 12.23 12.88 12.38
+1.47 σ
+1.60 σ
+2.03 σ
 +13.50% 09:30 AM
TUR Turkey 15.24
Expensive
Expensive
Expensive
 6.92 6.52 7.98
+2.82 σ
+6.28 σ
+4.40 σ
 +0.91% 09:30 AM
VNM Vietnam 15.05
Fair
Fair
-
 15.09 16.87 -
-0.02 σ
-0.67 σ
-
 -3.78% 09:30 AM
EWO Austria 14.81
Expensive
Expensive
Expensive
 8.61 9.74 9.96
+2.54 σ
+2.63 σ
+2.99 σ
 +18.24% 09:30 AM
NORW Norway 14.80
Expensive
Overvalued
Overvalued
 10.79 12.68 11.66
+2.07 σ
+1.12 σ
+1.88 σ
 +3.45% 09:30 AM
EPOL Poland 14.64
Expensive
Expensive
Expensive
 10.11 11.08 11.47
+2.22 σ
+2.53 σ
+2.58 σ
 +16.95% 09:30 AM
EWM Malaysia 13.58
Undervalued
Undervalued
Undervalued
 14.44 15.06 14.74
-1.07 σ
-1.88 σ
-1.51 σ
 +1.32% 09:30 AM
ECH Chile 13.14
Overvalued
Fair
Fair
 10.07 13.12 14.51
+1.30 σ
+0.01 σ
-0.75 σ
 +1.43% 09:30 AM
EWW Mexico 12.70
Fair
Fair
Fair
 12.43 13.50 14.27
+0.34 σ
-0.61 σ
-0.91 σ
 +3.34% 09:30 AM
GREK Greece 12.61
Overvalued
Fair
Fair
 9.34 11.33 10.91
+1.83 σ
+0.65 σ
+0.79 σ
 +17.37% 09:30 AM
COLO Colombia 12.09
Expensive
Overvalued
Fair
 7.24 9.44 12.29
+3.09 σ
+1.21 σ
-0.07 σ
 +17.57% 09:30 AM
EWZ Brazil 11.60
Expensive
Fair
Overvalued
 8.16 10.08 10.11
+2.23 σ
+0.78 σ
+1.03 σ
 +1.67% 09:30 AM
QAT Qatar 11.40
Fair
Undervalued
-
 12.43 13.34 -
-0.65 σ
-1.44 σ
-
 -5.77% 09:30 AM
EZA South Africa 9.77
Fair
Undervalued
Undervalued
 10.70 11.92 11.90
-0.52 σ
-1.10 σ
-1.24 σ
 -2.50% 09:30 AM
EIDO Indonesia 9.49
Cheap
Cheap
Cheap
 12.48 13.96 13.66
-2.63 σ
-2.95 σ
-3.44 σ
 -20.58% 09:30 AM
FXI China 9.45
Fair
Undervalued
Fair
 9.91 11.13 10.97
-0.56 σ
-1.22 σ
-0.90 σ
 -3.09% 09:30 AM
EPHE Philippines 8.65
Undervalued
Cheap
Cheap
 11.90 14.49 15.15
-1.43 σ
-2.13 σ
-2.86 σ
 +2.43% 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).