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 28.64
Fair
Fair
Overvalued
 27.07 27.37 21.33
+0.40 σ
+0.32 σ
+1.33 σ
 -6.52% 09:30 AM
VTI United States 26.85
Overvalued
Expensive
Expensive
 22.65 20.07 16.76
+1.66 σ
+2.38 σ
+3.48 σ
 -0.89% 09:30 AM
EWT Taiwan 23.56
Expensive
Expensive
Expensive
 16.05 15.08 14.09
+3.12 σ
+4.69 σ
+5.57 σ
 +9.57% 09:30 AM
EWL Switzerland 23.16
Overvalued
Expensive
Expensive
 19.81 18.31 15.86
+1.41 σ
+2.66 σ
+3.27 σ
 +1.20% 09:30 AM
EWA Australia 22.61
Expensive
Expensive
Expensive
 17.27 16.59 14.88
+2.15 σ
+3.36 σ
+4.59 σ
 +4.87% 09:30 AM
EWH Hong Kong 20.49
Expensive
Expensive
Expensive
 15.46 15.32 15.24
+4.36 σ
+5.51 σ
+5.18 σ
 +5.77% 09:30 AM
EWC Canada 20.09
Overvalued
Expensive
Expensive
 15.91 15.34 14.42
+1.64 σ
+2.94 σ
+4.61 σ
 +7.58% 09:30 AM
EWY South Korea 19.97
Expensive
Expensive
Expensive
 10.45 10.24 9.92
+8.21 σ
+8.70 σ
+10.43 σ
 +29.71% 09:30 AM
EWQ France 19.89
Overvalued
Expensive
Expensive
 16.58 15.49 13.42
+1.68 σ
+2.54 σ
+3.09 σ
 -1.47% 09:30 AM
EWU United Kingdom 19.75
Expensive
Expensive
Expensive
 13.35 13.40 12.34
+2.15 σ
+3.53 σ
+4.50 σ
 +6.53% 09:30 AM
EWK Belgium 19.70
Overvalued
Overvalued
Overvalued
 16.14 16.89 14.92
+1.32 σ
+1.43 σ
+1.82 σ
 +3.40% 09:30 AM
EWJ Japan 19.35
Expensive
Expensive
Expensive
 14.84 14.34 14.43
+3.15 σ
+3.49 σ
+3.11 σ
 +3.29% 09:30 AM
EWN Netherlands 18.68
Fair
Fair
Overvalued
 17.80 17.00 14.37
+0.39 σ
+0.87 σ
+1.79 σ
 +1.49% 09:30 AM
EWG Germany 18.02
Overvalued
Expensive
Expensive
 14.24 13.74 12.48
+1.66 σ
+2.75 σ
+4.10 σ
 -5.06% 09:30 AM
EWD Sweden 17.76
Fair
Overvalued
Overvalued
 16.40 16.18 14.89
+0.59 σ
+1.01 σ
+1.80 σ
 +0.98% 09:30 AM
ARGT Argentina 17.62
Expensive
Expensive
Expensive
 12.77 12.57 10.71
+2.38 σ
+3.75 σ
+2.72 σ
 +6.78% 09:30 AM
EPU Perù 17.13
Expensive
Expensive
Expensive
 12.12 12.86 12.31
+2.50 σ
+2.88 σ
+3.34 σ
 +21.65% 09:30 AM
EIS Israel 16.95
Expensive
Expensive
Expensive
 11.92 11.39 10.98
+2.55 σ
+4.24 σ
+3.91 σ
 +11.99% 09:30 AM
EWS Singapore 16.94
Expensive
Expensive
Expensive
 13.74 13.32 13.39
+2.14 σ
+3.45 σ
+3.71 σ
 +1.01% 09:30 AM
EZA South Africa 16.69
Expensive
Expensive
Expensive
 10.75 12.13 11.93
+3.32 σ
+2.32 σ
+2.82 σ
 +3.97% 09:30 AM
NORW Norway 16.41
Expensive
Expensive
Expensive
 10.79 12.65 11.60
+2.92 σ
+2.03 σ
+2.97 σ
 +23.69% 09:30 AM
EWP Spain 16.17
Expensive
Expensive
Expensive
 11.29 11.92 11.57
+3.92 σ
+3.32 σ
+3.02 σ
 +8.00% 09:30 AM
EDEN Denmark 16.06
Fair
Fair
Fair
 16.46 18.10 16.56
-0.14 σ
-0.77 σ
-0.27 σ
 -5.30% 09:30 AM
VNM Vietnam 15.72
Fair
Fair
-
 15.43 16.68 -
+0.12 σ
-0.32 σ
-
 -2.25% 09:30 AM
EWO Austria 15.70
Expensive
Expensive
Expensive
 8.38 9.64 9.95
+3.64 σ
+3.28 σ
+3.58 σ
 +8.62% 09:30 AM
EWW Mexico 15.51
Expensive
Overvalued
Fair
 12.52 13.66 14.28
+3.31 σ
+1.28 σ
+0.71 σ
 +11.20% 09:30 AM
THD Thailand 15.34
Fair
Undervalued
Fair
 17.35 17.45 15.87
-0.95 σ
-1.06 σ
-0.22 σ
 +10.97% 09:30 AM
EWM Malaysia 15.30
Overvalued
Fair
Fair
 14.40 15.09 14.72
+1.13 σ
+0.27 σ
+0.73 σ
 +4.89% 09:30 AM
ECH Chile 14.95
Overvalued
Fair
Fair
 10.14 13.17 14.56
+1.95 σ
+0.64 σ
+0.22 σ
 +7.41% 09:30 AM
EIRL Ireland 14.69
Fair
Fair
Fair
 14.97 15.57 16.17
-0.16 σ
-0.47 σ
-0.61 σ
 -1.63% 09:30 AM
TUR Turkey 14.12
Expensive
Expensive
Expensive
 6.21 6.45 7.94
+3.70 σ
+6.20 σ
+3.82 σ
 +8.66% 09:30 AM
EPOL Poland 14.09
Overvalued
Expensive
Expensive
 10.16 11.05 11.46
+1.88 σ
+2.20 σ
+2.14 σ
 +7.85% 09:30 AM
EWZ Brazil 14.06
Expensive
Expensive
Expensive
 7.99 10.04 10.02
+4.65 σ
+2.11 σ
+2.79 σ
 +18.51% 09:30 AM
EWI Italy 14.03
Overvalued
Overvalued
Overvalued
 10.61 11.46 11.16
+1.93 σ
+1.72 σ
+1.80 σ
 +3.57% 09:30 AM
GREK Greece 12.38
Overvalued
Fair
Fair
 9.45 11.36 10.96
+1.52 σ
+0.52 σ
+0.65 σ
 +1.62% 09:30 AM
INDA India 12.36
Cheap
Cheap
Undervalued
 23.07 20.73 18.00
-8.34 σ
-3.42 σ
-1.97 σ
 -10.74% 09:30 AM
COLO Colombia 12.17
Expensive
Overvalued
Fair
 7.21 9.46 12.38
+3.26 σ
+1.22 σ
-0.07 σ
 +12.84% 09:30 AM
QAT Qatar 12.00
Fair
Undervalued
-
 12.91 13.39 -
-0.47 σ
-1.07 σ
-
 -4.31% 09:30 AM
EIDO Indonesia 11.70
Fair
Undervalued
Undervalued
 12.83 14.14 13.67
-0.90 σ
-1.70 σ
-1.64 σ
 -14.84% 09:30 AM
EPHE Philippines 10.15
Fair
Undervalued
Cheap
 12.51 14.84 15.19
-0.96 σ
-1.78 σ
-2.29 σ
 -3.79% 09:30 AM
FXI China 10.13
Fair
Fair
Fair
 10.16 11.17 11.02
-0.03 σ
-0.78 σ
-0.53 σ
 -9.06% 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).