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 26.72
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.50 σ
+2.22 σ
+3.31 σ
 +9.96% 09:30 AM
ENZL New Zealand 25.64
Fair
Fair
Fair
 26.97 27.44 21.47
-0.34 σ
-0.45 σ
+0.76 σ
 -0.57% 15 Jun
EWT Taiwan 25.45
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+3.59 σ
+5.51 σ
+6.43 σ
 +44.53% 09:30 AM
INDA India 23.44
Fair
Overvalued
Overvalued
 23.10 20.83 18.05
+0.27 σ
+1.08 σ
+1.87 σ
 -4.20% 09:30 AM
EWL Switzerland 22.95
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.22 σ
+2.37 σ
+3.07 σ
 +3.92% 09:30 AM
EWY South Korea 21.69
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+8.50 σ
+9.54 σ
+11.89 σ
 +74.62% 09:30 AM
EWA Australia 20.74
Overvalued
Expensive
Expensive
 17.40 16.69 14.92
+1.30 σ
+2.17 σ
+3.32 σ
 +4.86% 09:30 AM
EWN Netherlands 19.64
Overvalued
Overvalued
Expensive
 17.57 17.07 14.43
+1.08 σ
+1.33 σ
+2.14 σ
 +15.77% 09:30 AM
EWC Canada 19.38
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.24 σ
+2.31 σ
+3.90 σ
 +8.90% 09:30 AM
EWJ Japan 19.21
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.96 σ
+3.26 σ
+3.05 σ
 +10.78% 09:30 AM
EWK Belgium 18.51
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.92 σ
+0.84 σ
+1.34 σ
 +8.39% 09:30 AM
EWU United Kingdom 17.88
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.39 σ
+2.36 σ
+3.27 σ
 +4.19% 09:30 AM
EWH Hong Kong 17.87
Expensive
Expensive
Expensive
 15.47 15.38 15.25
+2.05 σ
+2.55 σ
+2.54 σ
 -3.44% 09:30 AM
EIS Israel 17.82
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.84 σ
+4.69 σ
+4.48 σ
 +9.98% 09:30 AM
EWQ France 17.82
Fair
Overvalued
Expensive
 16.60 15.57 13.48
+0.62 σ
+1.28 σ
+2.03 σ
 +2.91% 09:30 AM
EWG Germany 17.65
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.40 σ
+2.33 σ
+3.67 σ
 +0.39% 09:30 AM
TUR Turkey 17.23
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+4.16 σ
+8.37 σ
+5.70 σ
 +8.46% 09:30 AM
VNM Vietnam 16.88
Fair
Fair
-
 15.24 16.78 -
+0.74 σ
+0.04 σ
-
 -0.22% 09:30 AM
EWS Singapore 16.19
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.52 σ
+2.57 σ
+2.87 σ
 +3.43% 09:30 AM
THD Thailand 16.08
Fair
Fair
Fair
 17.14 17.36 15.92
-0.54 σ
-0.66 σ
+0.07 σ
 +13.09% 09:30 AM
NORW Norway 16.02
Expensive
Overvalued
Expensive
 10.79 12.67 11.62
+2.71 σ
+1.78 σ
+2.67 σ
 +10.27% 09:30 AM
ARGT Argentina 15.72
Overvalued
Expensive
Overvalued
 12.94 12.69 10.78
+1.30 σ
+2.17 σ
+1.91 σ
 +13.01% 09:30 AM
EDEN Denmark 15.66
Fair
Fair
Fair
 16.14 18.03 16.56
-0.20 σ
-0.89 σ
-0.49 σ
 -2.42% 09:30 AM
EWD Sweden 15.35
Fair
Fair
Fair
 16.26 16.21 14.92
-0.42 σ
-0.55 σ
+0.27 σ
 +1.95% 09:30 AM
EWP Spain 15.09
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+3.05 σ
+2.34 σ
+2.26 σ
 +9.78% 09:30 AM
EPU Perù 15.02
Overvalued
Overvalued
Overvalued
 12.14 12.85 12.33
+1.43 σ
+1.48 σ
+1.88 σ
 +18.40% 09:30 AM
EIRL Ireland 14.85
Fair
Fair
Fair
 14.72 15.52 16.18
+0.10 σ
-0.36 σ
-0.55 σ
 +8.29% 09:30 AM
EWM Malaysia 14.83
Fair
Fair
Fair
 14.44 15.09 14.73
+0.49 σ
-0.33 σ
+0.13 σ
 +0.97% 09:30 AM
EWO Austria 14.48
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.76 σ
+2.57 σ
+2.82 σ
 +19.95% 09:30 AM
EWI Italy 14.42
Expensive
Overvalued
Expensive
 10.62 11.48 11.17
+2.13 σ
+1.94 σ
+2.04 σ
 +11.30% 09:30 AM
ECH Chile 13.32
Overvalued
Fair
Fair
 10.11 13.15 14.54
+1.33 σ
+0.06 σ
-0.67 σ
 +6.75% 09:30 AM
EWW Mexico 12.92
Fair
Fair
Fair
 12.50 13.59 14.26
+0.49 σ
-0.48 σ
-0.77 σ
 +7.62% 09:30 AM
EWZ Brazil 12.87
Expensive
Overvalued
Overvalued
 8.05 10.06 10.06
+3.46 σ
+1.46 σ
+1.92 σ
 -0.47% 09:30 AM
EPOL Poland 12.66
Overvalued
Overvalued
Fair
 10.13 11.06 11.45
+1.23 σ
+1.16 σ
+0.98 σ
 +14.04% 09:30 AM
COLO Colombia 12.15
Expensive
Overvalued
Fair
 7.21 9.44 12.34
+3.25 σ
+1.24 σ
-0.07 σ
 +17.85% 09:30 AM
GREK Greece 11.54
Overvalued
Fair
Fair
 9.37 11.34 10.92
+1.19 σ
+0.10 σ
+0.28 σ
 +14.88% 09:30 AM
QAT Qatar 11.28
Fair
Undervalued
-
 12.67 13.37 -
-0.78 σ
-1.59 σ
-
 -3.81% 09:30 AM
EIDO Indonesia 10.70
Undervalued
Cheap
Cheap
 12.66 14.06 13.66
-1.62 σ
-2.26 σ
-2.44 σ
 -24.49% 09:30 AM
EZA South Africa 10.22
Fair
Fair
Fair
 10.72 12.03 11.90
-0.28 σ
-0.92 σ
-0.99 σ
 +0.61% 09:30 AM
FXI China 9.89
Fair
Fair
Fair
 10.03 11.16 10.98
-0.16 σ
-0.94 σ
-0.65 σ
 -9.30% 09:30 AM
EPHE Philippines 8.85
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.39 σ
-2.16 σ
-2.81 σ
 +3.45% 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).