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)
EWL Switzerland 26.32
Expensive
Expensive
Expensive
 20.40 18.77 16.13
+2.22 σ
+3.53 σ
+4.16 σ
 +4.73% 09:30 AM
ENZL New Zealand 25.75
Fair
Fair
Fair
 26.72 27.57 21.79
-0.25 σ
-0.46 σ
+0.73 σ
 -1.47% 09:30 AM
EWT Taiwan 24.39
Expensive
Expensive
Expensive
 17.00 15.58 14.35
+2.25 σ
+4.21 σ
+5.25 σ
 +4.87% 09:30 AM
VTI United States 23.39
Fair
Fair
Overvalued
 23.16 20.65 17.10
+0.08 σ
+0.91 σ
+1.98 σ
 +3.09% 09:30 AM
INDA India 22.88
Fair
Fair
Overvalued
 23.03 21.08 18.22
-0.11 σ
+0.78 σ
+1.59 σ
 -0.65% 09:30 AM
EWA Australia 21.03
Overvalued
Expensive
Expensive
 17.80 16.91 15.10
+1.17 σ
+2.03 σ
+3.15 σ
 +1.07% 09:30 AM
EWC Canada 19.58
Overvalued
Expensive
Expensive
 16.56 15.56 14.57
+1.07 σ
+2.09 σ
+3.62 σ
 +3.33% 09:30 AM
EWG Germany 18.33
Overvalued
Expensive
Expensive
 14.69 14.10 12.62
+1.40 σ
+2.32 σ
+3.75 σ
 +0.08% 09:30 AM
EWN Netherlands 18.28
Fair
Fair
Overvalued
 17.35 17.31 14.62
+0.62 σ
+0.50 σ
+1.46 σ
 -1.35% 09:30 AM
EWS Singapore 18.06
Expensive
Expensive
Expensive
 14.13 13.59 13.46
+2.14 σ
+3.66 σ
+4.45 σ
 +0.01% 09:30 AM
EWQ France 17.66
Fair
Overvalued
Overvalued
 16.70 15.77 13.63
+0.47 σ
+1.06 σ
+1.83 σ
 -4.84% 09:30 AM
EDEN Denmark 17.36
Fair
Fair
Fair
 15.73 17.93 16.61
+0.85 σ
-0.21 σ
+0.42 σ
 +4.73% 09:30 AM
EWU United Kingdom 17.02
Fair
Overvalued
Expensive
 14.05 13.53 12.48
+0.92 σ
+1.75 σ
+2.56 σ
 +1.48% 09:30 AM
EIRL Ireland 16.38
Expensive
Fair
Fair
 14.50 15.52 16.26
+2.27 σ
+0.46 σ
+0.05 σ
 +5.83% 09:30 AM
EIS Israel 16.24
Overvalued
Expensive
Expensive
 12.36 11.69 11.01
+1.55 σ
+3.05 σ
+3.33 σ
 -6.87% 09:30 AM
EWP Spain 15.73
Expensive
Expensive
Expensive
 11.39 12.10 11.65
+2.99 σ
+2.44 σ
+2.52 σ
 -1.48% 09:30 AM
EWD Sweden 15.34
Fair
Fair
Fair
 15.90 16.21 14.98
-0.28 σ
-0.56 σ
+0.23 σ
 +1.91% 09:30 AM
EWK Belgium 15.16
Fair
Fair
Fair
 15.80 16.73 15.12
-0.26 σ
-0.83 σ
+0.02 σ
 +0.79% 09:30 AM
EWJ Japan 14.64
Fair
Fair
Fair
 15.03 14.65 14.43
-0.23 σ
-0.01 σ
+0.13 σ
 +1.54% 09:30 AM
EWI Italy 14.54
Overvalued
Overvalued
Expensive
 10.79 11.59 11.22
+1.89 σ
+1.83 σ
+2.02 σ
 -2.85% 09:30 AM
THD Thailand 13.84
Undervalued
Undervalued
Fair
 16.54 17.13 15.99
-1.57 σ
-1.74 σ
-0.95 σ
 -4.61% 09:30 AM
NORW Norway 13.83
Overvalued
Fair
Overvalued
 10.79 12.66 11.70
+1.58 σ
+0.63 σ
+1.27 σ
 +3.71% 09:30 AM
EWO Austria 13.68
Overvalued
Overvalued
Expensive
 8.82 9.83 9.97
+1.81 σ
+1.91 σ
+2.28 σ
 -1.31% 09:30 AM
VNM Vietnam 13.50
Fair
Undervalued
-
 14.80 16.93 -
-0.70 σ
-1.29 σ
-
 -7.78% 09:30 AM
EWH Hong Kong 13.47
Undervalued
Undervalued
Undervalued
 15.39 15.41 15.25
-1.50 σ
-1.82 σ
-1.66 σ
 -0.62% 09:30 AM
EPOL Poland 13.06
Overvalued
Overvalued
Overvalued
 10.14 11.13 11.49
+1.41 σ
+1.34 σ
+1.26 σ
 +6.12% 09:30 AM
EWM Malaysia 13.02
Undervalued
Cheap
Cheap
 14.42 14.98 14.74
-1.68 σ
-2.36 σ
-2.24 σ
 -4.65% 09:30 AM
EWW Mexico 12.92
Fair
Fair
Fair
 12.33 13.37 14.24
+0.83 σ
-0.37 σ
-0.76 σ
 -0.36% 09:30 AM
ARGT Argentina 12.29
Fair
Fair
Fair
 13.23 12.88 10.86
-0.43 σ
-0.42 σ
+0.56 σ
 -15.20% 09:30 AM
GREK Greece 12.26
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.68 σ
+0.49 σ
+0.63 σ
 +5.27% 09:30 AM
ECH Chile 11.57
Fair
Fair
Undervalued
 10.03 13.01 14.42
+0.66 σ
-0.52 σ
-1.57 σ
 -13.03% 09:30 AM
QAT Qatar 11.14
Fair
Undervalued
-
 12.09 13.27 -
-0.73 σ
-1.51 σ
-
 -6.63% 09:30 AM
EZA South Africa 10.56
Fair
Fair
Fair
 10.70 11.75 11.88
-0.08 σ
-0.61 σ
-0.76 σ
 -7.40% 09:30 AM
TUR Turkey 10.38
Fair
Expensive
Overvalued
 7.37 6.63 7.99
+0.95 σ
+2.31 σ
+1.43 σ
 -22.62% 09:30 AM
COLO Colombia 9.84
Overvalued
Fair
Fair
 7.31 9.41 12.19
+1.51 σ
+0.20 σ
-0.86 σ
 +8.07% 09:30 AM
FXI China 9.20
Fair
Undervalued
Undervalued
 9.77 11.05 10.92
-0.77 σ
-1.31 σ
-1.01 σ
 -6.45% 09:30 AM
EWY South Korea 8.56
Undervalued
Undervalued
Undervalued
 10.81 10.38 9.97
-1.17 σ
-1.36 σ
-1.37 σ
 -4.77% 09:30 AM
EPU Perù 8.18
Undervalued
Cheap
Cheap
 12.28 12.83 12.41
-1.97 σ
-2.99 σ
-3.00 σ
 -6.14% 09:30 AM
EWZ Brazil 7.97
Fair
Undervalued
Undervalued
 8.31 10.01 10.15
-0.21 σ
-1.07 σ
-1.53 σ
 -14.96% 09:30 AM
EPHE Philippines 7.58
Undervalued
Cheap
Cheap
 11.40 14.22 15.11
-1.88 σ
-2.38 σ
-3.23 σ
 -10.04% 09:30 AM
EIDO Indonesia 7.33
Cheap
Cheap
Cheap
 12.20 13.80 13.65
-4.42 σ
-4.18 σ
-5.14 σ
 -30.06% 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).