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 26.46
Overvalued
Expensive
Expensive
 22.92 20.34 16.90
+1.33 σ
+2.06 σ
+3.16 σ
 +7.57% 09:30 AM
ENZL New Zealand 25.55
Fair
Fair
Fair
 26.90 27.47 21.53
-0.35 σ
-0.48 σ
+0.73 σ
 -0.70% 09:30 AM
EWT Taiwan 24.78
Expensive
Expensive
Expensive
 16.33 15.29 14.20
+3.13 σ
+5.03 σ
+5.93 σ
 +34.95% 09:30 AM
EWL Switzerland 23.34
Overvalued
Expensive
Expensive
 20.06 18.51 15.98
+1.32 σ
+2.48 σ
+3.18 σ
 +4.85% 09:30 AM
INDA India 23.10
Fair
Fair
Overvalued
 23.12 20.90 18.10
-0.02 σ
+0.92 σ
+1.73 σ
 -5.14% 09:30 AM
EWA Australia 19.96
Fair
Overvalued
Expensive
 17.46 16.73 14.96
+0.96 σ
+1.71 σ
+2.82 σ
 +0.68% 09:30 AM
EWC Canada 18.99
Overvalued
Expensive
Expensive
 16.15 15.43 14.47
+1.06 σ
+2.03 σ
+3.53 σ
 +5.57% 09:30 AM
EWN Netherlands 18.80
Fair
Fair
Overvalued
 17.49 17.12 14.48
+0.77 σ
+0.86 σ
+1.77 σ
 +8.99% 09:30 AM
EWJ Japan 18.65
Expensive
Expensive
Expensive
 14.89 14.50 14.44
+2.50 σ
+2.79 σ
+2.66 σ
 +6.32% 09:30 AM
EWK Belgium 18.35
Fair
Fair
Overvalued
 16.07 16.87 15.03
+0.87 σ
+0.76 σ
+1.27 σ
 +6.26% 09:30 AM
EWY South Korea 18.20
Expensive
Expensive
Expensive
 10.60 10.33 9.96
+5.37 σ
+6.36 σ
+8.24 σ
 +37.01% 09:30 AM
EWU United Kingdom 17.89
Overvalued
Expensive
Expensive
 13.64 13.47 12.39
+1.34 σ
+2.30 σ
+3.23 σ
 +3.52% 09:30 AM
EWH Hong Kong 17.36
Overvalued
Overvalued
Expensive
 15.47 15.41 15.26
+1.63 σ
+1.97 σ
+2.02 σ
 -6.08% 09:30 AM
EWG Germany 17.34
Overvalued
Expensive
Expensive
 14.38 13.89 12.54
+1.23 σ
+2.08 σ
+3.39 σ
 -1.37% 09:30 AM
EWQ France 17.29
Fair
Fair
Overvalued
 16.60 15.60 13.51
+0.35 σ
+0.95 σ
+1.76 σ
 -0.50% 09:30 AM
EIS Israel 16.99
Expensive
Expensive
Expensive
 12.05 11.50 10.98
+2.30 σ
+3.98 σ
+3.93 σ
 +2.74% 09:30 AM
EWS Singapore 16.98
Overvalued
Expensive
Expensive
 13.87 13.43 13.41
+1.93 σ
+3.20 σ
+3.62 σ
 +8.09% 09:30 AM
VNM Vietnam 16.95
Fair
Fair
-
 15.18 16.84 -
+0.83 σ
+0.04 σ
-
 -0.48% 09:30 AM
EDEN Denmark 16.57
Fair
Fair
Fair
 16.04 18.01 16.57
+0.24 σ
-0.54 σ
+0.00 σ
 +3.20% 09:30 AM
TUR Turkey 16.52
Expensive
Expensive
Expensive
 6.73 6.49 7.96
+3.54 σ
+7.52 σ
+5.22 σ
 +2.31% 09:30 AM
THD Thailand 15.55
Fair
Fair
Fair
 17.03 17.31 15.94
-0.78 σ
-0.91 σ
-0.17 σ
 +7.49% 09:30 AM
EIRL Ireland 15.28
Fair
Fair
Fair
 14.62 15.52 16.19
+0.57 σ
-0.13 σ
-0.38 σ
 +9.56% 09:30 AM
EWP Spain 15.07
Expensive
Expensive
Expensive
 11.29 12.00 11.60
+3.04 σ
+2.25 σ
+2.22 σ
 +8.12% 09:30 AM
EWD Sweden 14.99
Fair
Fair
Fair
 16.17 16.22 14.93
-0.56 σ
-0.79 σ
+0.04 σ
 -0.80% 09:30 AM
ARGT Argentina 14.72
Fair
Overvalued
Overvalued
 13.01 12.73 10.82
+0.80 σ
+1.43 σ
+1.51 σ
 +3.76% 09:30 AM
NORW Norway 14.62
Overvalued
Overvalued
Overvalued
 10.79 12.67 11.64
+2.00 σ
+1.04 σ
+1.80 σ
 -0.66% 09:30 AM
EWM Malaysia 14.44
Fair
Fair
Fair
 14.45 15.08 14.74
-0.02 σ
-0.83 σ
-0.39 σ
 -2.18% 09:30 AM
EWI Italy 14.23
Overvalued
Overvalued
Overvalued
 10.64 11.49 11.18
+1.99 σ
+1.79 σ
+1.90 σ
 +8.62% 09:30 AM
EWO Austria 14.20
Expensive
Expensive
Expensive
 8.53 9.70 9.95
+2.45 σ
+2.38 σ
+2.63 σ
 +15.00% 09:30 AM
EPU Perù 14.16
Fair
Fair
Overvalued
 12.16 12.86 12.36
+0.98 σ
+0.88 σ
+1.27 σ
 +8.16% 09:30 AM
EWZ Brazil 12.83
Expensive
Overvalued
Overvalued
 8.10 10.08 10.08
+3.26 σ
+1.42 σ
+1.89 σ
 -1.61% 09:30 AM
ECH Chile 12.56
Overvalued
Fair
Undervalued
 10.09 13.14 14.53
+1.03 σ
-0.21 σ
-1.09 σ
 -1.03% 09:30 AM
EWW Mexico 12.30
Fair
Fair
Undervalued
 12.46 13.54 14.27
-0.20 σ
-0.93 σ
-1.14 σ
 +1.34% 09:30 AM
EPOL Poland 12.26
Overvalued
Fair
Fair
 10.11 11.06 11.46
+1.06 σ
+0.87 σ
+0.65 σ
 +8.41% 09:30 AM
COLO Colombia 11.76
Expensive
Overvalued
Fair
 7.21 9.42 12.31
+2.99 σ
+1.07 σ
-0.20 σ
 +11.21% 09:30 AM
GREK Greece 11.35
Overvalued
Fair
Fair
 9.33 11.33 10.92
+1.14 σ
+0.01 σ
+0.20 σ
 +10.93% 09:30 AM
QAT Qatar 10.98
Fair
Undervalued
-
 12.55 13.36 -
-0.93 σ
-1.79 σ
-
 -5.90% 09:30 AM
EIDO Indonesia 9.58
Cheap
Cheap
Cheap
 12.57 14.02 13.66
-2.54 σ
-2.95 σ
-3.36 σ
 -28.91% 09:30 AM
FXI China 9.58
Fair
Undervalued
Fair
 9.96 11.14 10.97
-0.44 σ
-1.15 σ
-0.83 σ
 -11.35% 09:30 AM
EZA South Africa 9.36
Fair
Undervalued
Undervalued
 10.70 11.98 11.90
-0.74 σ
-1.33 σ
-1.49 σ
 -8.74% 09:30 AM
EPHE Philippines 8.49
Undervalued
Cheap
Cheap
 12.08 14.58 15.16
-1.51 σ
-2.24 σ
-2.96 σ
 -0.98% 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).