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 27.96
Expensive
Expensive
Expensive
 16.61 15.43 14.28
+3.82 σ
+6.36 σ
+7.44 σ
 +32.55% 09:30 AM
ENZL New Zealand 25.38
Fair
Fair
Fair
 26.84 27.52 21.67
-0.38 σ
-0.54 σ
+0.68 σ
 +0.99% 09:30 AM
VTI United States 24.28
Fair
Overvalued
Expensive
 23.07 20.51 17.01
+0.45 σ
+1.25 σ
+2.33 σ
 +7.78% 09:30 AM
EWL Switzerland 23.89
Overvalued
Expensive
Expensive
 20.22 18.64 16.06
+1.42 σ
+2.56 σ
+3.30 σ
 -0.60% 09:30 AM
INDA India 21.93
Fair
Fair
Overvalued
 23.11 21.00 18.17
-0.93 σ
+0.40 σ
+1.29 σ
 -3.59% 09:30 AM
EWA Australia 20.27
Fair
Overvalued
Expensive
 17.66 16.83 15.03
+0.97 σ
+1.75 σ
+2.86 σ
 +1.86% 09:30 AM
EWJ Japan 19.21
Expensive
Expensive
Expensive
 14.99 14.60 14.44
+2.61 σ
+3.01 σ
+2.98 σ
 +9.93% 09:30 AM
EWC Canada 19.09
Fair
Overvalued
Expensive
 16.37 15.50 14.52
+0.97 σ
+1.94 σ
+3.44 σ
 +5.67% 09:30 AM
EWN Netherlands 18.83
Fair
Fair
Overvalued
 17.44 17.24 14.56
+0.85 σ
+0.81 σ
+1.72 σ
 +7.25% 09:30 AM
EWS Singapore 18.67
Expensive
Expensive
Expensive
 13.99 13.51 13.44
+2.73 σ
+4.44 σ
+5.18 σ
 +12.88% 09:30 AM
EIS Israel 17.92
Expensive
Expensive
Expensive
 12.19 11.58 11.00
+2.45 σ
+4.39 σ
+4.44 σ
 +3.64% 09:30 AM
EWG Germany 17.89
Overvalued
Expensive
Expensive
 14.53 14.00 12.58
+1.33 σ
+2.22 σ
+3.62 σ
 +0.66% 09:30 AM
EWQ France 17.31
Fair
Fair
Overvalued
 16.66 15.70 13.58
+0.32 σ
+0.90 σ
+1.71 σ
 -2.60% 09:30 AM
EWU United Kingdom 16.76
Fair
Overvalued
Expensive
 13.85 13.50 12.44
+0.90 σ
+1.66 σ
+2.49 σ
 +2.44% 09:30 AM
EDEN Denmark 15.99
Fair
Fair
Fair
 15.88 17.96 16.59
+0.05 σ
-0.73 σ
-0.33 σ
 +0.15% 09:30 AM
EWP Spain 15.98
Expensive
Expensive
Expensive
 11.32 12.05 11.63
+3.58 σ
+2.75 σ
+2.73 σ
 +7.49% 09:30 AM
EIRL Ireland 15.50
Overvalued
Fair
Fair
 14.55 15.53 16.23
+1.04 σ
-0.02 σ
-0.31 σ
 +9.48% 09:30 AM
EWI Italy 14.98
Expensive
Expensive
Expensive
 10.70 11.54 11.20
+2.27 σ
+2.19 σ
+2.33 σ
 +5.21% 09:30 AM
EWK Belgium 14.94
Fair
Fair
Fair
 15.96 16.82 15.08
-0.40 σ
-0.98 σ
-0.05 σ
 +3.31% 09:30 AM
ARGT Argentina 14.92
Fair
Overvalued
Overvalued
 13.17 12.84 10.86
+0.80 σ
+1.46 σ
+1.57 σ
 +0.21% 09:30 AM
THD Thailand 14.75
Undervalued
Undervalued
Fair
 16.80 17.18 15.97
-1.14 σ
-1.31 σ
-0.53 σ
 +7.85% 09:30 AM
EWD Sweden 14.73
Fair
Fair
Fair
 16.04 16.23 14.97
-0.64 σ
-0.97 σ
-0.15 σ
 +1.78% 09:30 AM
VNM Vietnam 13.76
Fair
Undervalued
-
 15.01 16.91 -
-0.63 σ
-1.17 σ
-
 -3.69% 09:30 AM
EPOL Poland 13.61
Overvalued
Overvalued
Overvalued
 10.13 11.10 11.48
+1.69 σ
+1.77 σ
+1.72 σ
 +16.50% 09:30 AM
EWH Hong Kong 13.29
Undervalued
Cheap
Undervalued
 15.51 15.46 15.28
-1.80 σ
-2.10 σ
-1.88 σ
 +0.36% 09:30 AM
EWO Austria 13.26
Overvalued
Overvalued
Expensive
 8.68 9.77 9.96
+1.81 σ
+1.78 σ
+2.03 σ
 +11.94% 09:30 AM
NORW Norway 13.17
Overvalued
Fair
Fair
 10.78 12.68 11.67
+1.24 σ
+0.26 σ
+0.89 σ
 +4.44% 09:30 AM
TUR Turkey 13.14
Overvalued
Expensive
Expensive
 7.11 6.56 7.99
+1.94 σ
+4.40 σ
+3.11 σ
 -4.94% 09:30 AM
EWW Mexico 12.32
Fair
Fair
Undervalued
 12.39 13.46 14.26
-0.09 σ
-0.88 σ
-1.12 σ
 -1.61% 09:30 AM
ECH Chile 12.03
Fair
Fair
Undervalued
 10.05 13.09 14.48
+0.85 σ
-0.38 σ
-1.35 σ
 -1.87% 09:30 AM
GREK Greece 11.58
Overvalued
Fair
Fair
 9.34 11.32 10.91
+1.26 σ
+0.13 σ
+0.31 σ
 +15.97% 09:30 AM
QAT Qatar 10.83
Fair
Undervalued
-
 12.31 13.33 -
-0.99 σ
-1.82 σ
-
 -10.15% 09:30 AM
COLO Colombia 10.65
Expensive
Fair
Fair
 7.27 9.44 12.26
+2.10 σ
+0.55 σ
-0.58 σ
 +19.45% 09:30 AM
EWY South Korea 10.62
Fair
Fair
Fair
 10.85 10.40 9.99
-0.12 σ
+0.17 σ
+0.62 σ
 +26.32% 09:30 AM
EWZ Brazil 10.59
Overvalued
Fair
Fair
 8.24 10.08 10.13
+1.45 σ
+0.26 σ
+0.32 σ
 +5.61% 09:30 AM
EIDO Indonesia 9.19
Cheap
Cheap
Cheap
 12.41 13.91 13.66
-2.85 σ
-3.09 σ
-3.69 σ
 -19.20% 09:30 AM
EPU Perù 9.18
Undervalued
Cheap
Cheap
 12.32 12.89 12.41
-1.54 σ
-2.49 σ
-2.29 σ
 +11.01% 09:30 AM
FXI China 9.14
Fair
Undervalued
Undervalued
 9.87 11.11 10.95
-0.93 σ
-1.43 σ
-1.07 σ
 -3.96% 09:30 AM
EZA South Africa 8.99
Fair
Undervalued
Undervalued
 10.69 11.86 11.89
-0.94 σ
-1.47 σ
-1.69 σ
 -0.14% 09:30 AM
EWM Malaysia 7.90
Cheap
Cheap
Cheap
 14.45 15.03 14.75
-8.16 σ
-8.96 σ
-8.94 σ
 -1.28% 09:30 AM
EPHE Philippines 7.65
Undervalued
Cheap
Cheap
 11.73 14.40 15.14
-1.87 σ
-2.45 σ
-3.27 σ
 -7.41% 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).