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)
VTI United States 26.06
Overvalued
Overvalued
Expensive
 22.82 20.25 16.85
+1.24 σ
+1.99 σ
+3.09 σ
 +6.40% 26 Jun
ENZL New Zealand 25.15
Fair
Fair
Fair
 26.97 27.44 21.47
-0.47 σ
-0.57 σ
+0.67 σ
 -2.42% 26 Jun
EWT Taiwan 24.77
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+3.33 σ
+5.14 σ
+6.04 σ
 +37.60% 26 Jun
INDA India 23.51
Fair
Overvalued
Overvalued
 23.10 20.83 18.05
+0.32 σ
+1.11 σ
+1.89 σ
 -3.71% 26 Jun
EWL Switzerland 23.20
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.32 σ
+2.50 σ
+3.18 σ
 +4.68% 26 Jun
EWY South Korea 20.17
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+7.34 σ
+8.26 σ
+10.34 σ
 +56.43% 26 Jun
EWA Australia 19.95
Fair
Overvalued
Expensive
 17.40 16.69 14.92
+0.99 σ
+1.75 σ
+2.87 σ
 +0.71% 26 Jun
EWC Canada 18.94
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.07 σ
+2.05 σ
+3.55 σ
 +5.82% 26 Jun
EWN Netherlands 18.92
Fair
Fair
Overvalued
 17.57 17.07 14.43
+0.71 σ
+0.96 σ
+1.85 σ
 +10.53% 26 Jun
EWJ Japan 18.84
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.70 σ
+3.00 σ
+2.81 σ
 +7.95% 26 Jun
EWK Belgium 18.46
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.90 σ
+0.82 σ
+1.33 σ
 +7.53% 26 Jun
EWU United Kingdom 17.54
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.28 σ
+2.18 σ
+3.07 σ
 +1.90% 26 Jun
EWH Hong Kong 17.33
Overvalued
Overvalued
Expensive
 15.47 15.38 15.25
+1.58 σ
+1.99 σ
+2.01 σ
 -6.39% 26 Jun
EWQ France 17.30
Fair
Fair
Overvalued
 16.60 15.57 13.48
+0.36 σ
+0.98 σ
+1.79 σ
 -0.27% 26 Jun
VNM Vietnam 17.05
Fair
Fair
-
 15.24 16.78 -
+0.82 σ
+0.10 σ
-
 +0.19% 26 Jun
EWG Germany 17.05
Overvalued
Overvalued
Expensive
 14.33 13.83 12.51
+1.14 σ
+1.96 σ
+3.24 σ
 -3.01% 26 Jun
EIS Israel 16.74
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.31 σ
+3.89 σ
+3.77 σ
 +1.93% 26 Jun
TUR Turkey 16.73
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+3.96 σ
+7.98 σ
+5.39 σ
 +4.13% 26 Jun
EWS Singapore 16.32
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.60 σ
+2.69 σ
+3.01 σ
 +4.08% 26 Jun
EDEN Denmark 15.78
Fair
Fair
Fair
 16.14 18.03 16.56
-0.15 σ
-0.85 σ
-0.43 σ
 -1.69% 26 Jun
THD Thailand 15.24
Fair
Undervalued
Fair
 17.14 17.36 15.92
-0.97 σ
-1.09 σ
-0.29 σ
 +5.90% 26 Jun
EIRL Ireland 15.08
Fair
Fair
Fair
 14.72 15.52 16.18
+0.26 σ
-0.24 σ
-0.46 σ
 +8.73% 26 Jun
EWP Spain 15.06
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+3.03 σ
+2.33 σ
+2.24 σ
 +8.81% 26 Jun
NORW Norway 14.81
Expensive
Overvalued
Overvalued
 10.79 12.67 11.62
+2.08 σ
+1.14 σ
+1.93 σ
 +0.80% 26 Jun
EWD Sweden 14.78
Fair
Fair
Fair
 16.26 16.21 14.92
-0.68 σ
-0.92 σ
-0.08 σ
 -1.99% 26 Jun
ARGT Argentina 14.48
Fair
Overvalued
Overvalued
 12.94 12.69 10.78
+0.72 σ
+1.28 σ
+1.43 σ
 +2.89% 26 Jun
EWM Malaysia 14.26
Fair
Undervalued
Fair
 14.44 15.09 14.73
-0.23 σ
-1.09 σ
-0.61 σ
 -3.22% 26 Jun
EPU Perù 14.23
Overvalued
Fair
Overvalued
 12.14 12.85 12.33
+1.04 σ
+0.94 σ
+1.33 σ
 +9.98% 26 Jun
EWO Austria 14.18
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.62 σ
+2.41 σ
+2.64 σ
 +16.11% 26 Jun
EWI Italy 13.92
Overvalued
Overvalued
Overvalued
 10.62 11.48 11.17
+1.85 σ
+1.61 σ
+1.72 σ
 +6.83% 26 Jun
EWZ Brazil 12.94
Expensive
Overvalued
Overvalued
 8.05 10.06 10.06
+3.51 σ
+1.50 σ
+1.97 σ
 -0.40% 26 Jun
ECH Chile 12.64
Overvalued
Fair
Undervalued
 10.11 13.15 14.54
+1.05 σ
-0.19 σ
-1.05 σ
 +0.11% 26 Jun
EWW Mexico 12.48
Fair
Fair
Undervalued
 12.50 13.59 14.26
-0.02 σ
-0.80 σ
-1.03 σ
 +3.31% 26 Jun
EPOL Poland 11.88
Fair
Fair
Fair
 10.13 11.06 11.45
+0.86 σ
+0.59 σ
+0.35 σ
 +5.71% 26 Jun
COLO Colombia 11.51
Expensive
Fair
Fair
 7.21 9.44 12.34
+2.82 σ
+0.95 σ
-0.30 σ
 +9.80% 26 Jun
GREK Greece 11.12
Fair
Fair
Fair
 9.37 11.34 10.92
+0.96 σ
-0.11 σ
+0.09 σ
 +9.34% 26 Jun
QAT Qatar 11.04
Fair
Undervalued
-
 12.67 13.37 -
-0.92 σ
-1.77 σ
-
 -5.65% 26 Jun
EIDO Indonesia 9.69
Cheap
Cheap
Cheap
 12.66 14.06 13.66
-2.45 σ
-2.94 σ
-3.28 σ
 -29.05% 26 Jun
EZA South Africa 9.41
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.73 σ
-1.33 σ
-1.46 σ
 -8.15% 26 Jun
FXI China 9.03
Undervalued
Undervalued
Undervalued
 10.03 11.16 10.98
-1.08 σ
-1.57 σ
-1.16 σ
 -17.06% 26 Jun
EPHE Philippines 8.30
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.61 σ
-2.36 σ
-3.05 σ
 -3.32% 26 Jun
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).