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)
EWL Switzerland 26.24
Expensive
Expensive
Expensive
 20.40 18.77 16.13
+2.19 σ
+3.50 σ
+4.13 σ
 +4.32% 09:30 AM
ENZL New Zealand 25.91
Fair
Fair
Fair
 26.72 27.57 21.79
-0.21 σ
-0.42 σ
+0.76 σ
 -0.83% 05 Nov
INDA India 23.88
Fair
Overvalued
Overvalued
 23.03 21.08 18.22
+0.66 σ
+1.21 σ
+1.93 σ
 +3.73% 09:30 AM
VTI United States 22.95
Fair
Fair
Overvalued
 23.16 20.65 17.10
-0.08 σ
+0.77 σ
+1.84 σ
 +1.05% 09:30 AM
EWT Taiwan 22.43
Overvalued
Expensive
Expensive
 17.00 15.58 14.35
+1.65 σ
+3.27 σ
+4.22 σ
 -3.93% 09:30 AM
EWA Australia 21.05
Overvalued
Expensive
Expensive
 17.80 16.91 15.10
+1.18 σ
+2.04 σ
+3.16 σ
 +1.03% 09:30 AM
EWC Canada 19.38
Fair
Overvalued
Expensive
 16.56 15.56 14.57
+1.00 σ
+1.99 σ
+3.48 σ
 +2.13% 09:30 AM
EWG Germany 18.08
Overvalued
Expensive
Expensive
 14.69 14.10 12.62
+1.31 σ
+2.18 σ
+3.59 σ
 -1.25% 09:30 AM
EWN Netherlands 18.00
Fair
Fair
Overvalued
 17.35 17.31 14.62
+0.43 σ
+0.35 σ
+1.35 σ
 -2.94% 09:30 AM
EWS Singapore 17.69
Overvalued
Expensive
Expensive
 14.13 13.59 13.46
+1.94 σ
+3.36 σ
+4.10 σ
 -2.13% 09:30 AM
EWQ France 17.64
Fair
Overvalued
Overvalued
 16.70 15.77 13.63
+0.47 σ
+1.06 σ
+1.82 σ
 -4.87% 09:30 AM
EDEN Denmark 17.30
Fair
Fair
Fair
 15.73 17.93 16.61
+0.82 σ
-0.23 σ
+0.39 σ
 +4.42% 09:30 AM
EWU United Kingdom 16.87
Fair
Overvalued
Expensive
 14.05 13.53 12.48
+0.87 σ
+1.67 σ
+2.47 σ
 +0.51% 09:30 AM
EIRL Ireland 16.68
Expensive
Fair
Fair
 14.50 15.52 16.26
+2.62 σ
+0.62 σ
+0.18 σ
 +7.52% 09:30 AM
EWP Spain 15.99
Expensive
Expensive
Expensive
 11.39 12.10 11.65
+3.17 σ
+2.62 σ
+2.69 σ
 +0.07% 09:30 AM
EIS Israel 15.77
Overvalued
Expensive
Expensive
 12.36 11.69 11.01
+1.36 σ
+2.73 σ
+3.03 σ
 -9.53% 09:30 AM
EWK Belgium 15.18
Fair
Fair
Fair
 15.80 16.73 15.12
-0.25 σ
-0.81 σ
+0.03 σ
 +0.90% 09:30 AM
EWD Sweden 15.09
Fair
Fair
Fair
 15.90 16.21 14.98
-0.40 σ
-0.72 σ
+0.07 σ
 +0.22% 09:30 AM
EWI Italy 14.58
Overvalued
Overvalued
Expensive
 10.79 11.59 11.22
+1.91 σ
+1.86 σ
+2.05 σ
 -2.62% 09:30 AM
VNM Vietnam 14.01
Fair
Undervalued
-
 14.80 16.93 -
-0.43 σ
-1.10 σ
-
 -4.11% 09:30 AM
EWJ Japan 13.90
Fair
Fair
Fair
 15.03 14.65 14.43
-0.67 σ
-0.48 σ
-0.33 σ
 -3.62% 09:30 AM
EWH Hong Kong 13.89
Undervalued
Undervalued
Undervalued
 15.39 15.41 15.25
-1.18 σ
-1.43 σ
-1.27 σ
 +2.38% 09:30 AM
THD Thailand 13.74
Undervalued
Undervalued
Fair
 16.54 17.13 15.99
-1.63 σ
-1.79 σ
-0.99 σ
 -5.37% 09:30 AM
EWO Austria 13.74
Overvalued
Overvalued
Expensive
 8.82 9.83 9.97
+1.83 σ
+1.94 σ
+2.31 σ
 -1.08% 09:30 AM
NORW Norway 13.24
Overvalued
Fair
Fair
 10.79 12.66 11.70
+1.27 σ
+0.31 σ
+0.91 σ
 -0.98% 09:30 AM
EPOL Poland 13.08
Overvalued
Overvalued
Overvalued
 10.14 11.13 11.49
+1.42 σ
+1.35 σ
+1.27 σ
 +6.02% 09:30 AM
EWM Malaysia 13.04
Undervalued
Cheap
Cheap
 14.42 14.98 14.74
-1.65 σ
-2.33 σ
-2.21 σ
 -4.41% 09:30 AM
EWW Mexico 13.01
Fair
Fair
Fair
 12.33 13.37 14.24
+0.97 σ
-0.29 σ
-0.70 σ
 +0.39% 09:30 AM
GREK Greece 12.21
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.65 σ
+0.46 σ
+0.61 σ
 +4.64% 09:30 AM
ECH Chile 11.81
Fair
Fair
Undervalued
 10.03 13.01 14.42
+0.76 σ
-0.44 σ
-1.44 σ
 -10.95% 09:30 AM
ARGT Argentina 11.77
Fair
Fair
Fair
 13.23 12.88 10.86
-0.67 σ
-0.78 σ
+0.36 σ
 -18.53% 09:30 AM
QAT Qatar 11.50
Fair
Undervalued
-
 12.09 13.27 -
-0.45 σ
-1.25 σ
-
 -3.39% 09:30 AM
EZA South Africa 11.15
Fair
Fair
Fair
 10.70 11.75 11.88
+0.25 σ
-0.31 σ
-0.42 σ
 -2.03% 09:30 AM
TUR Turkey 10.75
Overvalued
Expensive
Overvalued
 7.37 6.63 7.99
+1.06 σ
+2.54 σ
+1.65 σ
 -19.63% 09:30 AM
COLO Colombia 9.87
Overvalued
Fair
Fair
 7.31 9.41 12.19
+1.53 σ
+0.21 σ
-0.85 σ
 +8.20% 09:30 AM
FXI China 9.63
Fair
Undervalued
Fair
 9.77 11.05 10.92
-0.19 σ
-1.01 σ
-0.76 σ
 -1.89% 09:30 AM
EWZ Brazil 8.11
Fair
Fair
Undervalued
 8.31 10.01 10.15
-0.12 σ
-0.99 σ
-1.43 σ
 -13.30% 09:30 AM
EPU Perù 8.10
Cheap
Cheap
Cheap
 12.28 12.83 12.41
-2.00 σ
-3.04 σ
-3.06 σ
 -6.96% 09:30 AM
EPHE Philippines 7.75
Undervalued
Cheap
Cheap
 11.40 14.22 15.11
-1.80 σ
-2.32 σ
-3.16 σ
 -7.91% 09:30 AM
EWY South Korea 7.63
Undervalued
Cheap
Cheap
 10.81 10.38 9.97
-1.66 σ
-2.06 σ
-2.27 σ
 -15.34% 09:30 AM
EIDO Indonesia 7.55
Cheap
Cheap
Cheap
 12.20 13.80 13.65
-4.22 σ
-4.04 σ
-4.96 σ
 -27.25% 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).