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)
VTI United States 26.74
Overvalued
Expensive
Expensive
 22.92 20.34 16.90
+1.44 σ
+2.16 σ
+3.25 σ
 +8.83% 09:30 AM
EWT Taiwan 25.84
Expensive
Expensive
Expensive
 16.33 15.29 14.20
+3.52 σ
+5.59 σ
+6.53 σ
 +41.45% 09:30 AM
ENZL New Zealand 25.68
Fair
Fair
Fair
 26.90 27.47 21.53
-0.32 σ
-0.45 σ
+0.76 σ
 -0.21% 09:30 AM
EWL Switzerland 23.67
Overvalued
Expensive
Expensive
 20.06 18.51 15.98
+1.45 σ
+2.65 σ
+3.32 σ
 +6.47% 09:30 AM
INDA India 23.65
Fair
Overvalued
Overvalued
 23.12 20.90 18.10
+0.42 σ
+1.15 σ
+1.92 σ
 -2.96% 09:30 AM
EWA Australia 20.22
Overvalued
Overvalued
Expensive
 17.46 16.73 14.96
+1.06 σ
+1.84 σ
+2.96 σ
 +1.99% 09:30 AM
EWY South Korea 19.41
Expensive
Expensive
Expensive
 10.60 10.33 9.96
+6.22 σ
+7.34 σ
+9.45 σ
 +47.27% 09:30 AM
EWN Netherlands 19.35
Overvalued
Overvalued
Overvalued
 17.49 17.12 14.48
+1.09 σ
+1.15 σ
+1.99 σ
 +12.40% 09:30 AM
EWJ Japan 19.34
Expensive
Expensive
Expensive
 14.89 14.50 14.44
+2.96 σ
+3.26 σ
+3.09 σ
 +10.41% 09:30 AM
EWC Canada 19.03
Overvalued
Expensive
Expensive
 16.15 15.43 14.47
+1.07 σ
+2.06 σ
+3.57 σ
 +5.97% 09:30 AM
EWK Belgium 18.44
Fair
Fair
Overvalued
 16.07 16.87 15.03
+0.91 σ
+0.81 σ
+1.31 σ
 +6.98% 09:30 AM
EWU United Kingdom 18.10
Overvalued
Expensive
Expensive
 13.64 13.47 12.39
+1.41 σ
+2.41 σ
+3.35 σ
 +4.87% 09:30 AM
EWG Germany 17.89
Overvalued
Expensive
Expensive
 14.38 13.89 12.54
+1.45 σ
+2.40 σ
+3.77 σ
 +1.75% 09:30 AM
EWQ France 17.78
Fair
Overvalued
Overvalued
 16.60 15.60 13.51
+0.60 σ
+1.23 σ
+1.99 σ
 +2.38% 09:30 AM
EIS Israel 17.46
Expensive
Expensive
Expensive
 12.05 11.50 10.98
+2.51 σ
+4.32 σ
+4.23 σ
 +5.79% 09:30 AM
EWH Hong Kong 17.43
Overvalued
Expensive
Expensive
 15.47 15.41 15.26
+1.69 σ
+2.04 σ
+2.09 σ
 -5.73% 09:30 AM
VNM Vietnam 16.89
Fair
Fair
-
 15.18 16.84 -
+0.80 σ
+0.02 σ
-
 -0.76% 09:30 AM
TUR Turkey 16.87
Expensive
Expensive
Expensive
 6.73 6.49 7.96
+3.67 σ
+7.79 σ
+5.43 σ
 +4.60% 09:30 AM
EWS Singapore 16.67
Overvalued
Expensive
Expensive
 13.87 13.43 13.41
+1.74 σ
+2.92 σ
+3.31 σ
 +6.21% 09:30 AM
EDEN Denmark 16.55
Fair
Fair
Fair
 16.04 18.01 16.57
+0.23 σ
-0.54 σ
-0.01 σ
 +3.09% 09:30 AM
THD Thailand 16.07
Fair
Fair
Fair
 17.03 17.31 15.94
-0.51 σ
-0.64 σ
+0.05 σ
 +11.23% 09:30 AM
EWP Spain 15.47
Expensive
Expensive
Expensive
 11.29 12.00 11.60
+3.36 σ
+2.54 σ
+2.47 σ
 +11.23% 09:30 AM
EWD Sweden 15.39
Fair
Fair
Fair
 16.17 16.22 14.93
-0.37 σ
-0.54 σ
+0.29 σ
 +1.86% 09:30 AM
EIRL Ireland 15.37
Fair
Fair
Fair
 14.62 15.52 16.19
+0.66 σ
-0.08 σ
-0.34 σ
 +10.44% 09:30 AM
ARGT Argentina 14.85
Fair
Overvalued
Overvalued
 13.01 12.73 10.82
+0.87 σ
+1.53 σ
+1.56 σ
 +4.94% 09:30 AM
EWO Austria 14.65
Expensive
Expensive
Expensive
 8.53 9.70 9.95
+2.64 σ
+2.61 σ
+2.90 σ
 +18.96% 09:30 AM
EWI Italy 14.51
Expensive
Overvalued
Expensive
 10.64 11.49 11.18
+2.15 σ
+1.97 σ
+2.08 σ
 +10.96% 09:30 AM
EPU Perù 14.51
Overvalued
Overvalued
Overvalued
 12.16 12.86 12.36
+1.16 σ
+1.12 σ
+1.52 σ
 +11.22% 09:30 AM
EWM Malaysia 14.42
Fair
Fair
Fair
 14.45 15.08 14.74
-0.04 σ
-0.86 σ
-0.42 σ
 -2.27% 09:30 AM
NORW Norway 14.38
Overvalued
Fair
Overvalued
 10.79 12.67 11.64
+1.87 σ
+0.91 σ
+1.65 σ
 -2.25% 09:30 AM
EWZ Brazil 13.03
Expensive
Overvalued
Expensive
 8.10 10.08 10.08
+3.39 σ
+1.52 σ
+2.02 σ
 +0.01% 09:30 AM
ECH Chile 12.66
Overvalued
Fair
Undervalued
 10.09 13.14 14.53
+1.08 σ
-0.17 σ
-1.03 σ
 -0.07% 09:30 AM
EWW Mexico 12.66
Fair
Fair
Fair
 12.46 13.54 14.27
+0.23 σ
-0.66 σ
-0.93 σ
 +4.42% 09:30 AM
EPOL Poland 12.39
Overvalued
Fair
Fair
 10.11 11.06 11.46
+1.12 σ
+0.96 σ
+0.76 σ
 +9.74% 09:30 AM
COLO Colombia 11.66
Expensive
Overvalued
Fair
 7.21 9.42 12.31
+2.92 σ
+1.03 σ
-0.23 σ
 +10.58% 09:30 AM
GREK Greece 11.65
Overvalued
Fair
Fair
 9.33 11.33 10.92
+1.31 σ
+0.16 σ
+0.34 σ
 +14.11% 09:30 AM
QAT Qatar 11.13
Fair
Undervalued
-
 12.55 13.36 -
-0.84 σ
-1.67 σ
-
 -4.63% 09:30 AM
EZA South Africa 9.66
Fair
Undervalued
Undervalued
 10.70 11.98 11.90
-0.57 σ
-1.18 σ
-1.31 σ
 -5.79% 09:30 AM
EIDO Indonesia 9.65
Cheap
Cheap
Cheap
 12.57 14.02 13.66
-2.48 σ
-2.90 σ
-3.31 σ
 -28.66% 09:30 AM
FXI China 9.29
Fair
Undervalued
Fair
 9.96 11.14 10.97
-0.77 σ
-1.36 σ
-1.00 σ
 -14.21% 09:30 AM
EPHE Philippines 8.51
Undervalued
Cheap
Cheap
 12.08 14.58 15.16
-1.50 σ
-2.23 σ
-2.95 σ
 -0.76% 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).