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 27.77
Expensive
Expensive
Expensive
 22.65 20.07 16.76
+2.03 σ
+2.70 σ
+3.80 σ
 +2.33% 09:30 AM
ENZL New Zealand 27.66
Fair
Fair
Overvalued
 27.07 27.37 21.33
+0.15 σ
+0.07 σ
+1.15 σ
 -2.49% 09:30 AM
EWL Switzerland 22.25
Overvalued
Expensive
Expensive
 19.81 18.31 15.86
+1.03 σ
+2.16 σ
+2.86 σ
 +5.03% 09:30 AM
INDA India 21.32
Undervalued
Fair
Overvalued
 23.07 20.73 18.00
-1.36 σ
+0.24 σ
+1.16 σ
 -6.49% 09:30 AM
EWT Taiwan 20.99
Expensive
Expensive
Expensive
 16.05 15.08 14.09
+2.05 σ
+3.27 σ
+4.06 σ
 +18.28% 09:30 AM
EWA Australia 20.52
Overvalued
Expensive
Expensive
 17.27 16.59 14.88
+1.31 σ
+2.19 σ
+3.35 σ
 +10.06% 09:30 AM
EWC Canada 18.94
Overvalued
Expensive
Expensive
 15.91 15.34 14.42
+1.19 σ
+2.23 σ
+3.68 σ
 +9.78% 09:30 AM
EWK Belgium 18.16
Fair
Fair
Overvalued
 16.14 16.89 14.92
+0.75 σ
+0.65 σ
+1.23 σ
 +8.63% 09:30 AM
EWH Hong Kong 18.04
Expensive
Expensive
Expensive
 15.46 15.32 15.24
+2.24 σ
+2.90 σ
+2.77 σ
 +8.78% 09:30 AM
EWU United Kingdom 17.86
Overvalued
Expensive
Expensive
 13.35 13.40 12.34
+1.52 σ
+2.48 σ
+3.35 σ
 +10.03% 09:30 AM
EWQ France 17.71
Fair
Overvalued
Expensive
 16.58 15.49 13.42
+0.57 σ
+1.28 σ
+2.05 σ
 +3.47% 09:30 AM
EWN Netherlands 17.50
Fair
Fair
Overvalued
 17.80 17.00 14.37
-0.13 σ
+0.26 σ
+1.30 σ
 +8.26% 09:30 AM
NORW Norway 17.38
Expensive
Expensive
Expensive
 10.79 12.65 11.60
+3.42 σ
+2.56 σ
+3.56 σ
 +23.10% 09:30 AM
EIS Israel 17.20
Expensive
Expensive
Expensive
 11.92 11.39 10.98
+2.68 σ
+4.43 σ
+4.08 σ
 +17.94% 09:30 AM
EWJ Japan 17.03
Overvalued
Overvalued
Overvalued
 14.84 14.34 14.43
+1.53 σ
+1.88 σ
+1.65 σ
 +7.33% 09:30 AM
EWD Sweden 17.01
Fair
Fair
Overvalued
 16.40 16.18 14.89
+0.27 σ
+0.53 σ
+1.33 σ
 +6.76% 09:30 AM
EWG Germany 16.72
Overvalued
Overvalued
Expensive
 14.24 13.74 12.48
+1.09 σ
+1.91 σ
+3.13 σ
 -0.71% 09:30 AM
EDEN Denmark 16.33
Fair
Fair
Fair
 16.46 18.10 16.56
-0.04 σ
-0.67 σ
-0.12 σ
 -1.90% 09:30 AM
ARGT Argentina 16.03
Overvalued
Expensive
Expensive
 12.77 12.57 10.71
+1.60 σ
+2.56 σ
+2.10 σ
 +9.86% 09:30 AM
EWY South Korea 15.92
Expensive
Expensive
Expensive
 10.45 10.24 9.92
+4.72 σ
+5.07 σ
+6.22 σ
 +42.03% 09:30 AM
EWS Singapore 15.88
Overvalued
Expensive
Expensive
 13.74 13.32 13.39
+1.43 σ
+2.44 σ
+2.60 σ
 +3.56% 09:30 AM
THD Thailand 15.79
Fair
Fair
Fair
 17.35 17.45 15.87
-0.74 σ
-0.83 σ
-0.03 σ
 +17.42% 09:30 AM
TUR Turkey 15.70
Expensive
Expensive
Expensive
 6.21 6.45 7.94
+4.44 σ
+7.47 σ
+4.79 σ
 +17.55% 09:30 AM
EPU Perù 15.08
Overvalued
Overvalued
Overvalued
 12.12 12.86 12.31
+1.47 σ
+1.50 σ
+1.92 σ
 +28.24% 09:30 AM
VNM Vietnam 15.06
Fair
Fair
-
 15.43 16.68 -
-0.15 σ
-0.55 σ
-
 +3.00% 09:30 AM
EWM Malaysia 15.03
Fair
Fair
Fair
 14.40 15.09 14.72
+0.79 σ
-0.08 σ
+0.39 σ
 +7.51% 09:30 AM
EWP Spain 14.56
Expensive
Expensive
Overvalued
 11.29 11.92 11.57
+2.63 σ
+2.06 σ
+1.96 σ
 +12.73% 09:30 AM
EWW Mexico 14.35
Expensive
Fair
Fair
 12.52 13.66 14.28
+2.02 σ
+0.47 σ
+0.04 σ
 +17.07% 09:30 AM
EWO Austria 14.25
Expensive
Expensive
Expensive
 8.38 9.64 9.95
+2.92 σ
+2.50 σ
+2.68 σ
 +15.78% 09:30 AM
ECH Chile 13.77
Overvalued
Fair
Fair
 10.14 13.17 14.56
+1.47 σ
+0.22 σ
-0.44 σ
 +15.84% 09:30 AM
EWI Italy 13.45
Overvalued
Overvalued
Overvalued
 10.61 11.46 11.16
+1.60 σ
+1.33 σ
+1.44 σ
 +9.04% 09:30 AM
EIRL Ireland 13.33
Fair
Undervalued
Undervalued
 14.97 15.57 16.17
-0.94 σ
-1.20 σ
-1.17 σ
 +3.73% 09:30 AM
EWZ Brazil 13.16
Expensive
Overvalued
Expensive
 7.99 10.04 10.02
+3.96 σ
+1.63 σ
+2.16 σ
 +26.74% 09:30 AM
QAT Qatar 12.55
Fair
Fair
-
 12.91 13.39 -
-0.18 σ
-0.64 σ
-
 -0.00% 09:30 AM
EPOL Poland 12.22
Fair
Fair
Fair
 10.16 11.05 11.46
+0.99 σ
+0.84 σ
+0.62 σ
 +14.23% 09:30 AM
COLO Colombia 11.76
Expensive
Overvalued
Fair
 7.21 9.46 12.38
+2.99 σ
+1.03 σ
-0.22 σ
 +16.08% 09:30 AM
EIDO Indonesia 11.54
Undervalued
Undervalued
Undervalued
 12.83 14.14 13.67
-1.03 σ
-1.80 σ
-1.77 σ
 -9.83% 09:30 AM
GREK Greece 10.14
Fair
Fair
Fair
 9.45 11.36 10.96
+0.36 σ
-0.63 σ
-0.38 σ
 +7.60% 09:30 AM
EZA South Africa 9.87
Fair
Undervalued
Undervalued
 10.75 12.13 11.93
-0.49 σ
-1.15 σ
-1.22 σ
 +10.81% 09:30 AM
FXI China 9.77
Fair
Undervalued
Fair
 10.16 11.17 11.02
-0.36 σ
-1.05 σ
-0.74 σ
 -6.19% 09:30 AM
EPHE Philippines 8.90
Undervalued
Cheap
Cheap
 12.51 14.84 15.19
-1.46 σ
-2.25 σ
-2.85 σ
 -0.95% 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).