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 27.44
Expensive
Expensive
Expensive
 16.61 15.43 14.28
+3.65 σ
+6.10 σ
+7.15 σ
 +27.96% 09:30 AM
ENZL New Zealand 24.80
Fair
Fair
Fair
 26.84 27.52 21.67
-0.53 σ
-0.69 σ
+0.57 σ
 -1.26% 09:30 AM
VTI United States 23.85
Fair
Overvalued
Expensive
 23.07 20.51 17.01
+0.29 σ
+1.11 σ
+2.19 σ
 +5.49% 09:30 AM
EWL Switzerland 23.10
Overvalued
Expensive
Expensive
 20.22 18.64 16.06
+1.11 σ
+2.17 σ
+2.96 σ
 -4.01% 09:30 AM
INDA India 21.20
Undervalued
Fair
Overvalued
 23.11 21.00 18.17
-1.52 σ
+0.09 σ
+1.04 σ
 -6.48% 09:30 AM
EWA Australia 19.74
Fair
Overvalued
Expensive
 17.66 16.83 15.03
+0.77 σ
+1.48 σ
+2.57 σ
 -1.00% 09:30 AM
EWJ Japan 18.95
Expensive
Expensive
Expensive
 14.99 14.60 14.44
+2.45 σ
+2.84 σ
+2.82 σ
 +7.98% 09:30 AM
EWN Netherlands 18.59
Fair
Fair
Overvalued
 17.44 17.24 14.56
+0.71 σ
+0.69 σ
+1.62 σ
 +5.46% 09:30 AM
EWS Singapore 18.49
Expensive
Expensive
Expensive
 13.99 13.51 13.44
+2.63 σ
+4.28 σ
+5.00 σ
 +11.18% 09:30 AM
EWC Canada 18.34
Fair
Overvalued
Expensive
 16.37 15.50 14.52
+0.70 σ
+1.53 σ
+2.88 σ
 +1.22% 09:30 AM
EWG Germany 17.32
Overvalued
Overvalued
Expensive
 14.53 14.00 12.58
+1.11 σ
+1.89 σ
+3.24 σ
 -2.54% 09:30 AM
EIS Israel 17.17
Expensive
Expensive
Expensive
 12.19 11.58 11.00
+2.13 σ
+3.87 σ
+3.96 σ
 -1.02% 09:30 AM
EWQ France 16.68
Fair
Fair
Overvalued
 16.66 15.70 13.58
+0.01 σ
+0.55 σ
+1.42 σ
 -6.07% 09:30 AM
EWU United Kingdom 16.37
Fair
Overvalued
Expensive
 13.85 13.50 12.44
+0.78 σ
+1.47 σ
+2.27 σ
 -0.16% 09:30 AM
EDEN Denmark 15.50
Fair
Fair
Fair
 15.88 17.96 16.59
-0.18 σ
-0.91 σ
-0.60 σ
 -2.85% 09:30 AM
EWP Spain 15.38
Expensive
Expensive
Expensive
 11.32 12.05 11.63
+3.11 σ
+2.32 σ
+2.35 σ
 +2.99% 09:30 AM
EIRL Ireland 15.33
Fair
Fair
Fair
 14.55 15.53 16.23
+0.85 σ
-0.11 σ
-0.38 σ
 +7.86% 09:30 AM
EWI Italy 14.48
Expensive
Overvalued
Expensive
 10.70 11.54 11.20
+2.00 σ
+1.87 σ
+2.02 σ
 +1.33% 09:30 AM
EWK Belgium 14.38
Fair
Undervalued
Fair
 15.96 16.82 15.08
-0.63 σ
-1.28 σ
-0.27 σ
 -0.84% 09:30 AM
EWD Sweden 14.12
Fair
Undervalued
Fair
 16.04 16.23 14.97
-0.94 σ
-1.36 σ
-0.54 σ
 -2.57% 09:30 AM
THD Thailand 13.93
Undervalued
Undervalued
Fair
 16.80 17.18 15.97
-1.59 σ
-1.75 σ
-0.89 σ
 +1.29% 09:30 AM
ARGT Argentina 13.85
Fair
Fair
Overvalued
 13.17 12.84 10.86
+0.31 σ
+0.71 σ
+1.15 σ
 -6.87% 09:30 AM
VNM Vietnam 13.34
Fair
Undervalued
-
 15.01 16.91 -
-0.85 σ
-1.33 σ
-
 -6.46% 09:30 AM
EPOL Poland 13.24
Overvalued
Overvalued
Overvalued
 10.13 11.10 11.48
+1.51 σ
+1.52 σ
+1.43 σ
 +12.46% 09:30 AM
EWH Hong Kong 12.88
Cheap
Cheap
Cheap
 15.51 15.46 15.28
-2.13 σ
-2.50 σ
-2.26 σ
 -2.77% 09:30 AM
EWO Austria 12.86
Overvalued
Overvalued
Overvalued
 8.68 9.77 9.96
+1.65 σ
+1.58 σ
+1.78 σ
 +7.74% 09:30 AM
NORW Norway 12.72
Overvalued
Fair
Fair
 10.78 12.68 11.67
+1.01 σ
+0.03 σ
+0.63 σ
 +0.37% 09:30 AM
TUR Turkey 11.91
Overvalued
Expensive
Expensive
 7.11 6.56 7.99
+1.54 σ
+3.57 σ
+2.36 σ
 -14.00% 09:30 AM
EWW Mexico 11.76
Fair
Undervalued
Undervalued
 12.39 13.46 14.26
-0.82 σ
-1.32 σ
-1.44 σ
 -6.19% 09:30 AM
GREK Greece 11.66
Overvalued
Fair
Fair
 9.34 11.32 10.91
+1.31 σ
+0.17 σ
+0.35 σ
 +15.90% 09:30 AM
ECH Chile 11.29
Fair
Fair
Undervalued
 10.05 13.09 14.48
+0.53 σ
-0.65 σ
-1.76 σ
 -7.94% 09:30 AM
QAT Qatar 10.57
Undervalued
Cheap
-
 12.31 13.33 -
-1.17 σ
-2.01 σ
-
 -11.96% 09:30 AM
EWZ Brazil 10.31
Overvalued
Fair
Fair
 8.24 10.08 10.13
+1.28 σ
+0.12 σ
+0.13 σ
 +2.52% 09:30 AM
EWY South Korea 10.07
Fair
Fair
Fair
 10.85 10.40 9.99
-0.41 σ
-0.25 σ
+0.08 σ
 +17.64% 09:30 AM
COLO Colombia 10.07
Overvalued
Fair
Fair
 7.27 9.44 12.26
+1.73 σ
+0.29 σ
-0.79 σ
 +12.07% 09:30 AM
FXI China 8.88
Undervalued
Undervalued
Undervalued
 9.87 11.11 10.95
-1.26 σ
-1.61 σ
-1.23 σ
 -6.30% 09:30 AM
EIDO Indonesia 8.87
Cheap
Cheap
Cheap
 12.41 13.91 13.66
-3.13 σ
-3.31 σ
-3.95 σ
 -20.95% 09:30 AM
EPU Perù 8.75
Undervalued
Cheap
Cheap
 12.32 12.89 12.41
-1.75 σ
-2.78 σ
-2.60 σ
 +4.97% 09:30 AM
EZA South Africa 8.32
Undervalued
Undervalued
Cheap
 10.69 11.86 11.89
-1.30 σ
-1.81 σ
-2.08 σ
 -7.49% 09:30 AM
EWM Malaysia 7.71
Cheap
Cheap
Cheap
 14.45 15.03 14.75
-8.39 σ
-9.19 σ
-9.18 σ
 -3.66% 09:30 AM
EPHE Philippines 7.46
Undervalued
Cheap
Cheap
 11.73 14.40 15.14
-1.96 σ
-2.52 σ
-3.36 σ
 -9.58% 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).