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 27.89
Expensive
Expensive
Expensive
 16.61 15.43 14.28
+3.80 σ
+6.33 σ
+7.40 σ
 +31.13% 09:30 AM
ENZL New Zealand 24.92
Fair
Fair
Fair
 26.84 27.52 21.67
-0.50 σ
-0.66 σ
+0.59 σ
 -0.82% 09:30 AM
VTI United States 24.19
Fair
Overvalued
Expensive
 23.07 20.51 17.01
+0.41 σ
+1.22 σ
+2.30 σ
 +7.15% 09:30 AM
EWL Switzerland 23.69
Overvalued
Expensive
Expensive
 20.22 18.64 16.06
+1.34 σ
+2.46 σ
+3.21 σ
 -1.50% 09:30 AM
INDA India 21.73
Undervalued
Fair
Overvalued
 23.11 21.00 18.17
-1.09 σ
+0.31 σ
+1.22 σ
 -4.31% 09:30 AM
EWA Australia 19.82
Fair
Overvalued
Expensive
 17.66 16.83 15.03
+0.80 σ
+1.52 σ
+2.62 σ
 -0.51% 09:30 AM
EWJ Japan 19.04
Expensive
Expensive
Expensive
 14.99 14.60 14.44
+2.51 σ
+2.90 σ
+2.88 σ
 +8.76% 09:30 AM
EWC Canada 18.72
Fair
Overvalued
Expensive
 16.37 15.50 14.52
+0.84 σ
+1.74 σ
+3.16 σ
 +3.46% 09:30 AM
EWN Netherlands 18.67
Fair
Fair
Overvalued
 17.44 17.24 14.56
+0.76 σ
+0.72 σ
+1.65 σ
 +6.11% 09:30 AM
EWS Singapore 18.63
Expensive
Expensive
Expensive
 13.99 13.51 13.44
+2.71 σ
+4.40 σ
+5.14 σ
 +12.34% 09:30 AM
EWG Germany 17.72
Overvalued
Expensive
Expensive
 14.53 14.00 12.58
+1.27 σ
+2.12 σ
+3.51 σ
 -0.30% 09:30 AM
EIS Israel 17.42
Expensive
Expensive
Expensive
 12.19 11.58 11.00
+2.24 σ
+4.05 σ
+4.12 σ
 +0.55% 09:30 AM
EWQ France 17.15
Fair
Fair
Overvalued
 16.66 15.70 13.58
+0.25 σ
+0.81 σ
+1.64 σ
 -3.45% 09:30 AM
EWU United Kingdom 16.64
Fair
Overvalued
Expensive
 13.85 13.50 12.44
+0.87 σ
+1.60 σ
+2.42 σ
 +1.58% 09:30 AM
EWP Spain 15.87
Expensive
Expensive
Expensive
 11.32 12.05 11.63
+3.49 σ
+2.67 σ
+2.66 σ
 +6.51% 09:30 AM
EDEN Denmark 15.72
Fair
Fair
Fair
 15.88 17.96 16.59
-0.08 σ
-0.83 σ
-0.48 σ
 -1.55% 09:30 AM
EIRL Ireland 15.37
Fair
Fair
Fair
 14.55 15.53 16.23
+0.90 σ
-0.08 σ
-0.36 σ
 +8.36% 09:30 AM
EWI Italy 14.89
Expensive
Expensive
Expensive
 10.70 11.54 11.20
+2.22 σ
+2.13 σ
+2.27 σ
 +4.37% 09:30 AM
EWK Belgium 14.81
Fair
Undervalued
Fair
 15.96 16.82 15.08
-0.45 σ
-1.05 σ
-0.10 σ
 +2.28% 09:30 AM
THD Thailand 14.56
Undervalued
Undervalued
Fair
 16.80 17.18 15.97
-1.24 σ
-1.41 σ
-0.61 σ
 +6.16% 09:30 AM
EWD Sweden 14.53
Fair
Undervalued
Fair
 16.04 16.23 14.97
-0.73 σ
-1.10 σ
-0.28 σ
 +0.31% 09:30 AM
ARGT Argentina 14.23
Fair
Fair
Overvalued
 13.17 12.84 10.86
+0.48 σ
+0.97 σ
+1.30 σ
 -4.42% 09:30 AM
VNM Vietnam 13.58
Fair
Undervalued
-
 15.01 16.91 -
-0.72 σ
-1.24 σ
-
 -4.86% 09:30 AM
EPOL Poland 13.39
Overvalued
Overvalued
Overvalued
 10.13 11.10 11.48
+1.58 σ
+1.62 σ
+1.55 σ
 +14.17% 09:30 AM
EWO Austria 13.25
Overvalued
Overvalued
Expensive
 8.68 9.77 9.96
+1.81 σ
+1.77 σ
+2.02 σ
 +11.38% 09:30 AM
NORW Norway 13.00
Overvalued
Fair
Fair
 10.78 12.68 11.67
+1.15 σ
+0.17 σ
+0.79 σ
 +2.79% 09:30 AM
EWH Hong Kong 12.95
Cheap
Cheap
Cheap
 15.51 15.46 15.28
-2.07 σ
-2.42 σ
-2.19 σ
 -2.17% 09:30 AM
TUR Turkey 12.79
Overvalued
Expensive
Expensive
 7.11 6.56 7.99
+1.83 σ
+4.16 σ
+2.89 σ
 -7.59% 09:30 AM
EWW Mexico 12.13
Fair
Undervalued
Undervalued
 12.39 13.46 14.26
-0.34 σ
-1.03 σ
-1.23 σ
 -3.20% 09:30 AM
ECH Chile 11.64
Fair
Fair
Undervalued
 10.05 13.09 14.48
+0.68 σ
-0.52 σ
-1.57 σ
 -5.07% 09:30 AM
GREK Greece 11.53
Overvalued
Fair
Fair
 9.34 11.32 10.91
+1.23 σ
+0.10 σ
+0.29 σ
 +14.99% 09:30 AM
QAT Qatar 10.85
Fair
Undervalued
-
 12.31 13.33 -
-0.98 σ
-1.81 σ
-
 -9.88% 09:30 AM
EWY South Korea 10.32
Fair
Fair
Fair
 10.85 10.40 9.99
-0.28 σ
-0.06 σ
+0.32 σ
 +21.61% 09:30 AM
COLO Colombia 10.24
Overvalued
Fair
Fair
 7.27 9.44 12.26
+1.84 σ
+0.36 σ
-0.73 σ
 +14.39% 09:30 AM
EWZ Brazil 10.19
Overvalued
Fair
Fair
 8.24 10.08 10.13
+1.20 σ
+0.06 σ
+0.04 σ
 +1.48% 09:30 AM
EIDO Indonesia 9.07
Cheap
Cheap
Cheap
 12.41 13.91 13.66
-2.95 σ
-3.17 σ
-3.78 σ
 -19.70% 09:30 AM
EPU Perù 8.98
Undervalued
Cheap
Cheap
 12.32 12.89 12.41
-1.64 σ
-2.62 σ
-2.44 σ
 +8.09% 09:30 AM
FXI China 8.87
Undervalued
Undervalued
Undervalued
 9.87 11.11 10.95
-1.28 σ
-1.63 σ
-1.24 σ
 -6.65% 09:30 AM
EZA South Africa 8.64
Undervalued
Undervalued
Undervalued
 10.69 11.86 11.89
-1.13 σ
-1.65 σ
-1.89 σ
 -4.04% 09:30 AM
EWM Malaysia 7.84
Cheap
Cheap
Cheap
 14.45 15.03 14.75
-8.23 σ
-9.04 σ
-9.02 σ
 -2.09% 09:30 AM
EPHE Philippines 7.66
Undervalued
Cheap
Cheap
 11.73 14.40 15.14
-1.87 σ
-2.44 σ
-3.27 σ
 -7.22% 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).