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 30.75
Fair
Fair
Overvalued
 27.18 27.23 21.17
+0.89 σ
+0.87 σ
+1.74 σ
 +2.86% 03:59 PM
VTI United States 26.79
Overvalued
Expensive
Expensive
 22.49 19.87 16.67
+1.80 σ
+2.51 σ
+3.59 σ
 +6.75% 03:58 PM
EWL Switzerland 24.38
Expensive
Expensive
Expensive
 19.61 18.17 15.81
+2.12 σ
+3.57 σ
+3.96 σ
 +11.16% 03:58 PM
INDA India 24.34
Overvalued
Overvalued
Expensive
 23.08 20.66 17.99
+1.01 σ
+1.50 σ
+2.26 σ
 -0.64% 03:58 PM
EWA Australia 22.52
Expensive
Expensive
Expensive
 17.14 16.47 14.83
+2.27 σ
+3.52 σ
+4.75 σ
 +7.50% 03:58 PM
EWD Sweden 21.83
Expensive
Expensive
Expensive
 16.45 16.09 14.86
+2.30 σ
+3.71 σ
+4.47 σ
 +12.45% 03:58 PM
EWT Taiwan 20.87
Expensive
Expensive
Expensive
 16.00 14.95 14.02
+2.11 σ
+3.36 σ
+4.16 σ
 +12.53% 03:58 PM
EWU United Kingdom 20.83
Expensive
Expensive
Expensive
 13.14 13.35 12.31
+2.80 σ
+4.35 σ
+5.29 σ
 +12.88% 03:58 PM
EWC Canada 20.24
Overvalued
Expensive
Expensive
 15.73 15.26 14.40
+1.88 σ
+3.31 σ
+4.89 σ
 +12.18% 03:58 PM
EWK Belgium 20.04
Overvalued
Overvalued
Overvalued
 16.15 16.88 14.85
+1.44 σ
+1.62 σ
+2.00 σ
 +15.60% 03:54 PM
EWH Hong Kong 19.38
Expensive
Expensive
Expensive
 15.46 15.24 15.22
+3.39 σ
+4.51 σ
+4.18 σ
 +12.39% 03:58 PM
EWQ France 19.26
Overvalued
Expensive
Expensive
 16.52 15.37 13.37
+1.43 σ
+2.28 σ
+2.88 σ
 +5.59% 03:58 PM
EWG Germany 18.38
Overvalued
Expensive
Expensive
 14.14 13.61 12.45
+1.97 σ
+3.24 σ
+4.52 σ
 +3.78% 03:58 PM
EWN Netherlands 18.27
Fair
Fair
Overvalued
 18.03 16.91 14.31
+0.09 σ
+0.70 σ
+1.68 σ
 +9.82% 03:58 PM
EIS Israel 17.99
Expensive
Expensive
Expensive
 11.88 11.32 10.98
+3.18 σ
+5.27 σ
+4.59 σ
 +23.73% 03:57 PM
EWJ Japan 17.82
Expensive
Expensive
Expensive
 14.84 14.24 14.43
+2.09 σ
+2.57 σ
+2.15 σ
 +11.32% 03:58 PM
EPU Perù 16.90
Expensive
Expensive
Expensive
 12.09 12.78 12.31
+2.47 σ
+2.91 σ
+3.18 σ
 +51.01% 03:58 PM
VNM Vietnam 16.88
Fair
-
-
 15.64 - -
+0.45 σ
-
-
 +12.26% 03:58 PM
ARGT Argentina 16.71
Expensive
Expensive
Expensive
 12.57 12.44 10.66
+2.18 σ
+3.30 σ
+2.44 σ
 +11.71% 03:58 PM
EWM Malaysia 16.68
Expensive
Expensive
Expensive
 14.33 15.08 14.70
+3.09 σ
+2.11 σ
+2.50 σ
 +15.30% 03:58 PM
EWS Singapore 16.59
Expensive
Expensive
Expensive
 13.65 13.24 13.38
+2.12 σ
+3.26 σ
+3.41 σ
 +2.92% 03:58 PM
EZA South Africa 16.46
Expensive
Expensive
Expensive
 10.62 12.12 11.90
+3.55 σ
+2.24 σ
+2.76 σ
 +21.83% 03:58 PM
EWY South Korea 16.18
Expensive
Expensive
Expensive
 10.45 10.19 9.90
+4.99 σ
+5.67 σ
+6.70 σ
 +47.93% 03:58 PM
NORW Norway 15.75
Expensive
Overvalued
Expensive
 10.79 12.62 11.57
+2.57 σ
+1.72 σ
+2.62 σ
 +11.30% 03:37 PM
EWO Austria 15.67
Expensive
Expensive
Expensive
 8.35 9.61 9.95
+3.76 σ
+3.36 σ
+3.56 σ
 +23.38% 03:58 PM
ECH Chile 15.57
Expensive
Fair
Fair
 10.14 13.16 14.57
+2.20 σ
+0.87 σ
+0.54 σ
 +31.55% 03:58 PM
THD Thailand 15.30
Undervalued
Undervalued
Fair
 17.57 17.52 15.81
-1.01 σ
-1.10 σ
-0.21 σ
 +10.94% 03:56 PM
EDEN Denmark 15.23
Fair
Undervalued
Fair
 16.80 18.18 16.55
-0.50 σ
-1.12 σ
-0.71 σ
 +3.98% 03:34 PM
EIRL Ireland 15.08
Fair
Fair
Fair
 15.22 15.60 16.16
-0.07 σ
-0.28 σ
-0.44 σ
 +13.03% 03:16 PM
EWW Mexico 15.04
Expensive
Fair
Fair
 12.53 13.71 14.27
+2.79 σ
+0.88 σ
+0.45 σ
 +19.58% 03:58 PM
EWP Spain 14.57
Expensive
Expensive
Expensive
 11.29 11.86 11.55
+2.64 σ
+2.22 σ
+2.01 σ
 +17.93% 03:58 PM
TUR Turkey 14.26
Expensive
Expensive
Expensive
 5.96 6.42 7.94
+4.84 σ
+6.57 σ
+3.91 σ
 +22.35% 04:00 PM
EWI Italy 14.00
Overvalued
Overvalued
Overvalued
 10.61 11.41 11.16
+1.91 σ
+1.76 σ
+1.80 σ
 +12.54% 03:58 PM
EPOL Poland 13.60
Overvalued
Overvalued
Overvalued
 10.15 11.03 11.45
+1.66 σ
+1.89 σ
+1.75 σ
 +16.50% 03:57 PM
QAT Qatar 12.42
Fair
-
-
 13.10 - -
-0.33 σ
-
-
 +3.99% 04:00 PM
EWZ Brazil 12.40
Expensive
Overvalued
Overvalued
 7.96 10.01 9.97
+3.53 σ
+1.27 σ
+1.67 σ
 +22.98% 03:58 PM
GREK Greece 12.09
Overvalued
Fair
Fair
 9.51 11.34 10.99
+1.30 σ
+0.38 σ
+0.50 σ
 +22.45% 03:56 PM
EIDO Indonesia 12.08
Fair
Undervalued
Undervalued
 12.95 14.19 13.65
-0.65 σ
-1.49 σ
-1.29 σ
 -1.65% 03:58 PM
FXI China 10.47
Fair
Fair
Fair
 10.28 11.16 11.03
+0.15 σ
-0.51 σ
-0.33 σ
 -0.20% 03:58 PM
COLO Colombia 10.31
Overvalued
Fair
Fair
 7.25 9.49 12.45
+1.95 σ
+0.37 σ
-0.74 σ
 +25.21% 03:58 PM
EPHE Philippines 9.22
Undervalued
Cheap
Cheap
 12.79 14.98 15.22
-1.40 σ
-2.25 σ
-2.77 σ
 +1.07% 03:56 PM
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).