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 26.25
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.32 σ
+2.05 σ
+3.15 σ
 +7.34% 09:30 AM
EWT Taiwan 25.20
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+3.49 σ
+5.37 σ
+6.28 σ
 +40.77% 09:30 AM
ENZL New Zealand 24.90
Fair
Fair
Fair
 26.97 27.44 21.47
-0.54 σ
-0.63 σ
+0.62 σ
 -3.40% 09:30 AM
INDA India 23.52
Fair
Overvalued
Overvalued
 23.10 20.83 18.05
+0.33 σ
+1.12 σ
+1.90 σ
 -3.75% 09:30 AM
EWL Switzerland 23.13
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.29 σ
+2.47 σ
+3.14 σ
 +4.48% 09:30 AM
EWY South Korea 19.96
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+7.18 σ
+8.09 σ
+10.13 σ
 +56.42% 09:30 AM
EWA Australia 19.96
Fair
Overvalued
Expensive
 17.40 16.69 14.92
+0.99 σ
+1.76 σ
+2.88 σ
 +0.78% 09:30 AM
EWN Netherlands 19.00
Fair
Overvalued
Overvalued
 17.57 17.07 14.43
+0.75 σ
+1.00 σ
+1.88 σ
 +11.27% 09:30 AM
EWJ Japan 18.81
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.68 σ
+2.98 σ
+2.79 σ
 +7.93% 09:30 AM
EWC Canada 18.76
Overvalued
Overvalued
Expensive
 16.08 15.41 14.45
+1.01 σ
+1.95 σ
+3.41 σ
 +4.99% 09:30 AM
EWK Belgium 18.27
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.83 σ
+0.72 σ
+1.25 σ
 +6.58% 09:30 AM
EWH Hong Kong 17.44
Overvalued
Expensive
Expensive
 15.47 15.38 15.25
+1.67 σ
+2.10 σ
+2.12 σ
 -5.81% 09:30 AM
EWU United Kingdom 17.43
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.25 σ
+2.12 σ
+3.01 σ
 +1.37% 09:30 AM
EWQ France 17.32
Fair
Fair
Overvalued
 16.60 15.57 13.48
+0.36 σ
+0.99 σ
+1.80 σ
 -0.13% 09:30 AM
EIS Israel 17.20
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.54 σ
+4.23 σ
+4.08 σ
 +4.98% 09:30 AM
VNM Vietnam 17.07
Fair
Fair
-
 15.24 16.78 -
+0.82 σ
+0.10 σ
-
 +0.34% 09:30 AM
EWG Germany 17.04
Overvalued
Overvalued
Expensive
 14.33 13.83 12.51
+1.14 σ
+1.96 σ
+3.24 σ
 -3.09% 09:30 AM
TUR Turkey 16.90
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+4.03 σ
+8.12 σ
+5.50 σ
 +5.38% 09:30 AM
EWS Singapore 16.33
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.60 σ
+2.70 σ
+3.01 σ
 +4.14% 09:30 AM
EDEN Denmark 15.69
Fair
Fair
Fair
 16.14 18.03 16.56
-0.19 σ
-0.88 σ
-0.47 σ
 -2.23% 09:30 AM
THD Thailand 15.28
Fair
Undervalued
Fair
 17.14 17.36 15.92
-0.95 σ
-1.06 σ
-0.27 σ
 +6.33% 09:30 AM
NORW Norway 15.22
Expensive
Overvalued
Expensive
 10.79 12.67 11.62
+2.30 σ
+1.36 σ
+2.18 σ
 +3.75% 09:30 AM
EWP Spain 14.99
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+2.98 σ
+2.27 σ
+2.20 σ
 +8.53% 09:30 AM
EIRL Ireland 14.83
Fair
Fair
Fair
 14.72 15.52 16.18
+0.08 σ
-0.37 σ
-0.56 σ
 +7.12% 09:30 AM
EWD Sweden 14.73
Fair
Fair
Fair
 16.26 16.21 14.92
-0.71 σ
-0.95 σ
-0.12 σ
 -2.31% 09:30 AM
ARGT Argentina 14.45
Fair
Overvalued
Overvalued
 12.94 12.69 10.78
+0.71 σ
+1.26 σ
+1.42 σ
 +2.86% 09:30 AM
EWO Austria 14.35
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.70 σ
+2.50 σ
+2.74 σ
 +17.87% 09:30 AM
EWM Malaysia 14.28
Fair
Undervalued
Fair
 14.44 15.09 14.73
-0.20 σ
-1.06 σ
-0.58 σ
 -3.00% 09:30 AM
EPU Perù 14.23
Overvalued
Fair
Overvalued
 12.14 12.85 12.33
+1.04 σ
+0.94 σ
+1.33 σ
 +10.38% 09:30 AM
EWI Italy 13.97
Overvalued
Overvalued
Overvalued
 10.62 11.48 11.17
+1.88 σ
+1.64 σ
+1.75 σ
 +7.37% 09:30 AM
ECH Chile 12.66
Overvalued
Fair
Undervalued
 10.11 13.15 14.54
+1.06 σ
-0.18 σ
-1.04 σ
 +0.50% 09:30 AM
EWZ Brazil 12.63
Expensive
Overvalued
Overvalued
 8.05 10.06 10.06
+3.29 σ
+1.34 σ
+1.76 σ
 -2.62% 09:30 AM
EWW Mexico 12.24
Fair
Fair
Undervalued
 12.50 13.59 14.26
-0.29 σ
-0.97 σ
-1.17 σ
 +1.50% 09:30 AM
COLO Colombia 11.85
Expensive
Overvalued
Fair
 7.21 9.44 12.34
+3.05 σ
+1.10 σ
-0.17 σ
 +13.33% 09:30 AM
EPOL Poland 11.83
Fair
Fair
Fair
 10.13 11.06 11.45
+0.83 σ
+0.55 σ
+0.30 σ
 +5.38% 09:30 AM
GREK Greece 11.25
Overvalued
Fair
Fair
 9.37 11.34 10.92
+1.04 σ
-0.04 σ
+0.15 σ
 +10.81% 09:30 AM
QAT Qatar 11.13
Fair
Undervalued
-
 12.67 13.37 -
-0.86 σ
-1.70 σ
-
 -4.89% 09:30 AM
EIDO Indonesia 9.58
Cheap
Cheap
Cheap
 12.66 14.06 13.66
-2.54 σ
-3.02 σ
-3.37 σ
 -30.08% 09:30 AM
EZA South Africa 9.32
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.78 σ
-1.38 σ
-1.52 σ
 -8.97% 09:30 AM
FXI China 9.28
Fair
Undervalued
Undervalued
 10.03 11.16 10.98
-0.81 σ
-1.39 σ
-1.02 σ
 -15.00% 09:30 AM
EPHE Philippines 8.30
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.61 σ
-2.36 σ
-3.05 σ
 -3.42% 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).