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
+0.31 σ
+1.32 σ
 -6.60% 09:30 AM
VTI United States 26.74
Overvalued
Expensive
Expensive
 22.65 20.07 16.76
+1.62 σ
+2.34 σ
+3.44 σ
 -1.21% 09:30 AM
EWL Switzerland 23.42
Overvalued
Expensive
Expensive
 19.81 18.31 15.86
+1.53 σ
+2.80 σ
+3.39 σ
 +2.44% 09:30 AM
EWT Taiwan 23.40
Expensive
Expensive
Expensive
 16.05 15.08 14.09
+3.06 σ
+4.61 σ
+5.48 σ
 +9.12% 09:30 AM
EWA Australia 22.33
Expensive
Expensive
Expensive
 17.27 16.59 14.88
+2.04 σ
+3.21 σ
+4.43 σ
 +3.68% 09:30 AM
EWH Hong Kong 20.44
Expensive
Expensive
Expensive
 15.46 15.32 15.24
+4.31 σ
+5.45 σ
+5.12 σ
 +5.69% 09:30 AM
EWC Canada 20.02
Overvalued
Expensive
Expensive
 15.91 15.34 14.42
+1.61 σ
+2.90 σ
+4.56 σ
 +7.43% 09:30 AM
EWQ France 19.93
Overvalued
Expensive
Expensive
 16.58 15.49 13.42
+1.70 σ
+2.56 σ
+3.11 σ
 -1.21% 09:30 AM
EWU United Kingdom 19.84
Expensive
Expensive
Expensive
 13.35 13.40 12.34
+2.18 σ
+3.58 σ
+4.55 σ
 +7.18% 09:30 AM
EWK Belgium 19.68
Overvalued
Overvalued
Overvalued
 16.14 16.89 14.92
+1.31 σ
+1.42 σ
+1.81 σ
 +3.43% 09:30 AM
EWY South Korea 19.51
Expensive
Expensive
Expensive
 10.45 10.24 9.92
+7.81 σ
+8.28 σ
+9.95 σ
 +27.47% 09:30 AM
EWJ Japan 19.49
Expensive
Expensive
Expensive
 14.84 14.34 14.43
+3.25 σ
+3.59 σ
+3.20 σ
 +4.20% 09:30 AM
EWN Netherlands 18.63
Fair
Fair
Overvalued
 17.80 17.00 14.37
+0.36 σ
+0.84 σ
+1.77 σ
 +1.30% 09:30 AM
EWG Germany 18.07
Overvalued
Expensive
Expensive
 14.24 13.74 12.48
+1.69 σ
+2.78 σ
+4.13 σ
 -4.82% 09:30 AM
ARGT Argentina 18.00
Expensive
Expensive
Expensive
 12.77 12.57 10.71
+2.57 σ
+4.02 σ
+2.87 σ
 +9.13% 09:30 AM
EWD Sweden 17.98
Fair
Overvalued
Overvalued
 16.40 16.18 14.89
+0.69 σ
+1.15 σ
+1.94 σ
 +2.33% 09:30 AM
EPU Perù 17.23
Expensive
Expensive
Expensive
 12.12 12.86 12.31
+2.55 σ
+2.95 σ
+3.41 σ
 +23.00% 09:30 AM
EWS Singapore 16.97
Expensive
Expensive
Expensive
 13.74 13.32 13.39
+2.16 σ
+3.48 σ
+3.74 σ
 +1.31% 09:30 AM
EZA South Africa 16.88
Expensive
Expensive
Expensive
 10.75 12.13 11.93
+3.42 σ
+2.42 σ
+2.94 σ
 +5.41% 09:30 AM
EIS Israel 16.87
Expensive
Expensive
Expensive
 11.92 11.39 10.98
+2.51 σ
+4.18 σ
+3.86 σ
 +11.78% 09:30 AM
NORW Norway 16.23
Expensive
Overvalued
Expensive
 10.79 12.65 11.60
+2.82 σ
+1.93 σ
+2.85 σ
 +22.58% 09:30 AM
EWP Spain 16.15
Expensive
Expensive
Expensive
 11.29 11.92 11.57
+3.91 σ
+3.30 σ
+3.01 σ
 +8.17% 09:30 AM
EDEN Denmark 15.91
Fair
Fair
Fair
 16.46 18.10 16.56
-0.20 σ
-0.83 σ
-0.35 σ
 -6.30% 09:30 AM
VNM Vietnam 15.89
Fair
Fair
-
 15.43 16.68 -
+0.19 σ
-0.27 σ
-
 -0.95% 09:30 AM
EWO Austria 15.64
Expensive
Expensive
Expensive
 8.38 9.64 9.95
+3.61 σ
+3.25 σ
+3.54 σ
 +8.47% 09:30 AM
EWW Mexico 15.55
Expensive
Overvalued
Fair
 12.52 13.66 14.28
+3.36 σ
+1.31 σ
+0.74 σ
 +11.77% 09:30 AM
THD Thailand 15.52
Fair
Fair
Fair
 17.35 17.45 15.87
-0.87 σ
-0.97 σ
-0.14 σ
 +12.63% 09:30 AM
EWM Malaysia 15.51
Overvalued
Fair
Overvalued
 14.40 15.09 14.72
+1.40 σ
+0.55 σ
+1.01 σ
 +6.56% 09:30 AM
ECH Chile 15.17
Expensive
Fair
Fair
 10.14 13.17 14.56
+2.04 σ
+0.72 σ
+0.34 σ
 +9.26% 09:30 AM
EIRL Ireland 14.85
Fair
Fair
Fair
 14.97 15.57 16.17
-0.07 σ
-0.38 σ
-0.54 σ
 -0.50% 09:30 AM
TUR Turkey 14.16
Expensive
Expensive
Expensive
 6.21 6.45 7.94
+3.72 σ
+6.23 σ
+3.84 σ
 +9.25% 09:30 AM
EWZ Brazil 14.12
Expensive
Expensive
Expensive
 7.99 10.04 10.02
+4.69 σ
+2.13 σ
+2.82 σ
 +19.36% 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
 +3.69% 09:30 AM
EPOL Poland 14.02
Overvalued
Expensive
Expensive
 10.16 11.05 11.46
+1.85 σ
+2.14 σ
+2.08 σ
 +7.54% 09:30 AM
INDA India 12.21
Cheap
Cheap
Cheap
 23.07 20.73 18.00
-8.46 σ
-3.48 σ
-2.03 σ
 -11.95% 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
 +13.18% 09:30 AM
GREK Greece 12.17
Overvalued
Fair
Fair
 9.45 11.36 10.96
+1.42 σ
+0.41 σ
+0.55 σ
 +0.08% 09:30 AM
QAT Qatar 12.03
Fair
Undervalued
-
 12.91 13.39 -
-0.45 σ
-1.05 σ
-
 -4.07% 09:30 AM
EIDO Indonesia 11.96
Fair
Undervalued
Undervalued
 12.83 14.14 13.67
-0.70 σ
-1.52 σ
-1.42 σ
 -13.08% 09:30 AM
FXI China 10.19
Fair
Fair
Fair
 10.16 11.17 11.02
+0.03 σ
-0.73 σ
-0.49 σ
 -8.49% 09:30 AM
EPHE Philippines 10.13
Fair
Undervalued
Cheap
 12.51 14.84 15.19
-0.97 σ
-1.79 σ
-2.30 σ
 -4.06% 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).