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 26.07
Overvalued
Overvalued
Expensive
 22.82 20.25 16.85
+1.25 σ
+1.99 σ
+3.09 σ
 +7.80% 05 Jun
ENZL New Zealand 25.20
Fair
Fair
Fair
 26.97 27.44 21.47
-0.46 σ
-0.56 σ
+0.68 σ
 -2.30% 05 Jun
EWT Taiwan 23.63
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+2.88 σ
+4.53 σ
+5.39 σ
 +37.00% 05 Jun
EWL Switzerland 22.68
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.11 σ
+2.23 σ
+2.95 σ
 +3.13% 05 Jun
INDA India 22.46
Fair
Fair
Overvalued
 23.10 20.83 18.05
-0.51 σ
+0.68 σ
+1.53 σ
 -8.53% 05 Jun
EWA Australia 20.01
Overvalued
Overvalued
Expensive
 17.40 16.69 14.92
+1.02 σ
+1.79 σ
+2.91 σ
 +1.41% 05 Jun
EWC Canada 19.01
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.10 σ
+2.09 σ
+3.61 σ
 +7.58% 05 Jun
EWN Netherlands 18.46
Fair
Fair
Overvalued
 17.57 17.07 14.43
+0.47 σ
+0.72 σ
+1.66 σ
 +9.77% 05 Jun
EWJ Japan 18.42
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.42 σ
+2.71 σ
+2.54 σ
 +6.76% 05 Jun
EWK Belgium 18.29
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.83 σ
+0.73 σ
+1.26 σ
 +7.66% 05 Jun
EWH Hong Kong 17.93
Expensive
Expensive
Expensive
 15.47 15.38 15.25
+2.09 σ
+2.60 σ
+2.59 σ
 -3.09% 05 Jun
EWY South Korea 17.91
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+5.62 σ
+6.37 σ
+8.06 σ
 +49.44% 05 Jun
EWU United Kingdom 17.78
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.36 σ
+2.31 σ
+3.21 σ
 +4.01% 05 Jun
EWG Germany 17.67
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.41 σ
+2.34 σ
+3.69 σ
 +0.48% 05 Jun
EIS Israel 17.62
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.74 σ
+4.54 σ
+4.35 σ
 +9.24% 05 Jun
EWQ France 17.51
Fair
Overvalued
Overvalued
 16.60 15.57 13.48
+0.46 σ
+1.10 σ
+1.89 σ
 +1.34% 05 Jun
VNM Vietnam 16.71
Fair
Fair
-
 15.24 16.78 -
+0.66 σ
-0.02 σ
-
 -1.72% 05 Jun
NORW Norway 16.31
Expensive
Overvalued
Expensive
 10.79 12.67 11.62
+2.86 σ
+1.94 σ
+2.85 σ
 +12.55% 05 Jun
TUR Turkey 16.26
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+3.78 σ
+7.62 σ
+5.10 σ
 +2.13% 05 Jun
THD Thailand 15.99
Fair
Fair
Fair
 17.14 17.36 15.92
-0.58 σ
-0.70 σ
+0.03 σ
 +12.77% 05 Jun
EWS Singapore 15.78
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.25 σ
+2.19 σ
+2.45 σ
 +0.90% 05 Jun
EDEN Denmark 15.74
Fair
Fair
Fair
 16.14 18.03 16.56
-0.17 σ
-0.86 σ
-0.45 σ
 -2.00% 05 Jun
EWD Sweden 15.36
Fair
Fair
Fair
 16.26 16.21 14.92
-0.42 σ
-0.55 σ
+0.28 σ
 +2.33% 05 Jun
EWM Malaysia 14.79
Fair
Fair
Fair
 14.44 15.09 14.73
+0.43 σ
-0.39 σ
+0.07 σ
 +0.98% 05 Jun
EIRL Ireland 14.71
Fair
Fair
Fair
 14.72 15.52 16.18
-0.01 σ
-0.44 σ
-0.61 σ
 +7.10% 05 Jun
EWP Spain 14.58
Expensive
Overvalued
Overvalued
 11.29 11.96 11.59
+2.64 σ
+1.96 σ
+1.93 σ
 +6.73% 05 Jun
ARGT Argentina 14.53
Fair
Overvalued
Overvalued
 12.94 12.69 10.78
+0.75 σ
+1.32 σ
+1.45 σ
 +4.51% 05 Jun
EWI Italy 13.78
Overvalued
Overvalued
Overvalued
 10.62 11.48 11.17
+1.77 σ
+1.52 σ
+1.64 σ
 +6.93% 05 Jun
EWO Austria 13.67
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.39 σ
+2.14 σ
+2.31 σ
 +14.30% 05 Jun
EPU Perù 13.40
Fair
Fair
Fair
 12.14 12.85 12.33
+0.63 σ
+0.38 σ
+0.75 σ
 +6.62% 05 Jun
EWZ Brazil 12.69
Expensive
Overvalued
Overvalued
 8.05 10.06 10.06
+3.33 σ
+1.37 σ
+1.80 σ
 -1.25% 05 Jun
EWW Mexico 12.43
Fair
Fair
Undervalued
 12.50 13.59 14.26
-0.07 σ
-0.84 σ
-1.06 σ
 +4.29% 05 Jun
ECH Chile 12.34
Fair
Fair
Undervalued
 10.11 13.15 14.54
+0.93 σ
-0.29 σ
-1.21 σ
 -0.90% 05 Jun
EPOL Poland 12.08
Fair
Fair
Fair
 10.13 11.06 11.45
+0.95 σ
+0.74 σ
+0.51 σ
 +8.94% 05 Jun
QAT Qatar 11.39
Fair
Undervalued
-
 12.67 13.37 -
-0.72 σ
-1.51 σ
-
 -3.20% 05 Jun
COLO Colombia 10.99
Expensive
Fair
Fair
 7.21 9.44 12.34
+2.48 σ
+0.71 σ
-0.48 σ
 +7.00% 05 Jun
GREK Greece 10.67
Fair
Fair
Fair
 9.37 11.34 10.92
+0.72 σ
-0.34 σ
-0.12 σ
 +6.16% 05 Jun
FXI China 9.93
Fair
Fair
Fair
 10.03 11.16 10.98
-0.11 σ
-0.91 σ
-0.62 σ
 -9.62% 05 Jun
EIDO Indonesia 9.80
Cheap
Cheap
Cheap
 12.66 14.06 13.66
-2.36 σ
-2.87 σ
-3.18 σ
 -34.45% 05 Jun
EZA South Africa 9.61
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.62 σ
-1.23 σ
-1.34 σ
 -5.45% 05 Jun
EPHE Philippines 8.27
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.62 σ
-2.37 σ
-3.07 σ
 -3.97% 05 Jun
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).