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 27.06
Expensive
Expensive
Expensive
 16.79 15.51 14.32
+3.29 σ
+5.68 σ
+6.79 σ
 +17.19% 28 Oct
EWL Switzerland 25.69
Expensive
Expensive
Expensive
 20.31 18.70 16.10
+2.06 σ
+3.34 σ
+3.98 σ
 +2.39% 28 Oct
ENZL New Zealand 25.51
Fair
Fair
Fair
 26.77 27.54 21.73
-0.33 σ
-0.51 σ
+0.70 σ
 -2.43% 28 Oct
VTI United States 23.92
Fair
Overvalued
Expensive
 23.12 20.58 17.06
+0.30 σ
+1.11 σ
+2.18 σ
 +5.61% 28 Oct
INDA India 21.94
Fair
Fair
Overvalued
 23.05 21.03 18.19
-0.87 σ
+0.39 σ
+1.28 σ
 -4.95% 28 Oct
EWA Australia 21.29
Overvalued
Expensive
Expensive
 17.72 16.86 15.06
+1.32 σ
+2.23 σ
+3.35 σ
 +2.52% 28 Oct
EWC Canada 19.98
Overvalued
Expensive
Expensive
 16.44 15.52 14.54
+1.25 σ
+2.38 σ
+4.01 σ
 +5.60% 28 Oct
EWN Netherlands 18.68
Fair
Fair
Overvalued
 17.40 17.28 14.59
+0.83 σ
+0.71 σ
+1.64 σ
 +0.90% 28 Oct
EWS Singapore 18.36
Expensive
Expensive
Expensive
 14.05 13.55 13.45
+2.43 σ
+4.03 σ
+4.80 σ
 +1.85% 28 Oct
EWG Germany 18.13
Overvalued
Expensive
Expensive
 14.59 14.05 12.60
+1.39 σ
+2.29 σ
+3.71 σ
 -1.07% 28 Oct
EWQ France 17.26
Fair
Fair
Overvalued
 16.66 15.73 13.60
+0.29 σ
+0.86 σ
+1.67 σ
 -7.12% 28 Oct
EDEN Denmark 17.15
Fair
Fair
Fair
 15.79 17.93 16.60
+0.68 σ
-0.29 σ
+0.31 σ
 +3.41% 28 Oct
EWU United Kingdom 16.88
Fair
Overvalued
Expensive
 13.94 13.50 12.46
+0.91 σ
+1.71 σ
+2.52 σ
 +0.74% 28 Oct
EIS Israel 16.76
Overvalued
Expensive
Expensive
 12.29 11.63 11.00
+1.83 σ
+3.48 σ
+3.68 σ
 -4.00% 28 Oct
EIRL Ireland 16.51
Expensive
Fair
Fair
 14.51 15.52 16.24
+2.35 σ
+0.53 σ
+0.11 σ
 +6.88% 28 Oct
EWP Spain 15.64
Expensive
Expensive
Expensive
 11.34 12.08 11.64
+3.17 σ
+2.44 σ
+2.49 σ
 -1.95% 28 Oct
EWD Sweden 15.01
Fair
Fair
Fair
 15.96 16.22 14.98
-0.46 σ
-0.77 σ
+0.02 σ
 -0.19% 28 Oct
EWK Belgium 14.97
Fair
Fair
Fair
 15.88 16.76 15.10
-0.36 σ
-0.94 σ
-0.05 σ
 -0.34% 28 Oct
EWJ Japan 14.90
Fair
Fair
Fair
 15.04 14.64 14.45
-0.08 σ
+0.17 σ
+0.28 σ
 +3.59% 28 Oct
THD Thailand 14.58
Undervalued
Undervalued
Fair
 16.67 17.15 15.98
-1.19 σ
-1.37 σ
-0.61 σ
 +0.78% 28 Oct
EWI Italy 14.44
Overvalued
Overvalued
Overvalued
 10.74 11.57 11.21
+1.92 σ
+1.81 σ
+1.98 σ
 -3.44% 28 Oct
NORW Norway 14.03
Overvalued
Fair
Overvalued
 10.76 12.67 11.69
+1.73 σ
+0.72 σ
+1.40 σ
 +5.56% 28 Oct
VNM Vietnam 13.89
Fair
Undervalued
-
 14.89 16.92 -
-0.53 σ
-1.13 σ
-
 -5.42% 28 Oct
EWO Austria 13.68
Overvalued
Overvalued
Expensive
 8.74 9.80 9.97
+1.91 σ
+1.96 σ
+2.27 σ
 -1.16% 28 Oct
EPOL Poland 13.46
Overvalued
Overvalued
Overvalued
 10.14 11.11 11.49
+1.60 σ
+1.64 σ
+1.59 σ
 +9.74% 28 Oct
EWH Hong Kong 13.01
Undervalued
Cheap
Cheap
 15.44 15.44 15.27
-1.95 σ
-2.32 σ
-2.12 σ
 -4.08% 28 Oct
ARGT Argentina 12.99
Fair
Fair
Fair
 13.20 12.87 10.85
-0.10 σ
+0.09 σ
+0.83 σ
 -10.63% 28 Oct
EWM Malaysia 12.91
Undervalued
Cheap
Cheap
 14.44 15.01 14.74
-1.86 σ
-2.57 σ
-2.39 σ
 -5.50% 28 Oct
EWW Mexico 12.70
Fair
Fair
Fair
 12.35 13.41 14.25
+0.48 σ
-0.57 σ
-0.89 σ
 -1.98% 28 Oct
GREK Greece 12.30
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.70 σ
+0.51 σ
+0.65 σ
 +5.92% 28 Oct
ECH Chile 11.86
Fair
Fair
Undervalued
 10.03 13.05 14.45
+0.79 σ
-0.43 σ
-1.43 σ
 -11.23% 28 Oct
EZA South Africa 10.72
Fair
Fair
Fair
 10.68 11.80 11.88
+0.02 σ
-0.55 σ
-0.67 σ
 -6.25% 28 Oct
QAT Qatar 10.71
Undervalued
Undervalued
-
 12.20 13.29 -
-1.07 σ
-1.86 σ
-
 -10.48% 28 Oct
TUR Turkey 10.60
Overvalued
Expensive
Overvalued
 7.26 6.60 7.99
+1.06 σ
+2.52 σ
+1.56 σ
 -21.26% 28 Oct
COLO Colombia 10.10
Overvalued
Fair
Fair
 7.29 9.43 12.22
+1.71 σ
+0.31 σ
-0.77 σ
 +11.37% 28 Oct
EWY South Korea 9.14
Fair
Fair
Fair
 10.84 10.40 9.98
-0.90 σ
-0.95 σ
-0.82 σ
 +2.30% 28 Oct
FXI China 8.97
Undervalued
Undervalued
Undervalued
 9.82 11.08 10.94
-1.11 σ
-1.51 σ
-1.16 σ
 -9.18% 28 Oct
EPU Perù 8.56
Undervalued
Cheap
Cheap
 12.32 12.86 12.41
-1.84 σ
-2.82 σ
-2.73 σ
 -1.81% 28 Oct
EWZ Brazil 8.47
Fair
Fair
Undervalued
 8.29 10.06 10.14
+0.11 σ
-0.82 σ
-1.17 σ
 -9.63% 28 Oct
EIDO Indonesia 7.89
Cheap
Cheap
Cheap
 12.32 13.86 13.66
-3.97 σ
-3.89 σ
-4.73 σ
 -25.75% 28 Oct
EPHE Philippines 7.56
Undervalued
Cheap
Cheap
 11.56 14.31 15.13
-1.91 σ
-2.44 σ
-3.28 σ
 -10.64% 28 Oct
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).