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)
ENZL New Zealand 31.31
Overvalued
Overvalued
Overvalued
 27.18 27.23 21.17
+1.03 σ
+1.00 σ
+1.84 σ
 +4.63% 03:56 PM
VTI United States 27.02
Overvalued
Expensive
Expensive
 22.49 19.87 16.67
+1.90 σ
+2.59 σ
+3.67 σ
 +7.41% 03:59 PM
EWL Switzerland 24.63
Expensive
Expensive
Expensive
 19.61 18.17 15.81
+2.23 σ
+3.71 σ
+4.07 σ
 +12.05% 03:59 PM
INDA India 24.31
Fair
Overvalued
Expensive
 23.08 20.66 17.99
+1.00 σ
+1.49 σ
+2.25 σ
 -0.73% 03:59 PM
EWA Australia 22.42
Expensive
Expensive
Expensive
 17.14 16.47 14.83
+2.23 σ
+3.47 σ
+4.69 σ
 +6.89% 03:58 PM
EWD Sweden 21.84
Expensive
Expensive
Expensive
 16.45 16.09 14.86
+2.31 σ
+3.72 σ
+4.47 σ
 +12.24% 03:59 PM
EWT Taiwan 21.46
Expensive
Expensive
Expensive
 16.00 14.95 14.02
+2.37 σ
+3.69 σ
+4.52 σ
 +15.20% 03:59 PM
EWU United Kingdom 20.79
Expensive
Expensive
Expensive
 13.14 13.35 12.31
+2.79 σ
+4.33 σ
+5.26 σ
 +12.43% 03:59 PM
EWC Canada 20.25
Overvalued
Expensive
Expensive
 15.73 15.26 14.40
+1.88 σ
+3.31 σ
+4.90 σ
 +11.94% 03:59 PM
EWK Belgium 19.99
Overvalued
Overvalued
Overvalued
 16.15 16.88 14.85
+1.42 σ
+1.60 σ
+1.98 σ
 +14.99% 03:55 PM
EWH Hong Kong 19.51
Expensive
Expensive
Expensive
 15.46 15.24 15.22
+3.51 σ
+4.65 σ
+4.31 σ
 +12.76% 03:59 PM
EWQ France 19.43
Overvalued
Expensive
Expensive
 16.52 15.37 13.37
+1.52 σ
+2.38 σ
+2.96 σ
 +6.35% 03:59 PM
EWN Netherlands 18.59
Fair
Fair
Overvalued
 18.03 16.91 14.31
+0.21 σ
+0.86 σ
+1.81 σ
 +11.43% 03:58 PM
EWG Germany 18.52
Expensive
Expensive
Expensive
 14.14 13.61 12.45
+2.04 σ
+3.33 σ
+4.62 σ
 +4.40% 03:59 PM
EWJ Japan 18.21
Expensive
Expensive
Expensive
 14.84 14.24 14.43
+2.36 σ
+2.86 σ
+2.40 σ
 +13.49% 03:59 PM
EIS Israel 17.91
Expensive
Expensive
Expensive
 11.88 11.32 10.98
+3.13 σ
+5.20 σ
+4.54 σ
 +22.58% 03:58 PM
EWS Singapore 16.83
Expensive
Expensive
Expensive
 13.65 13.24 13.38
+2.30 σ
+3.50 σ
+3.67 σ
 +4.27% 03:59 PM
EPU Perù 16.83
Expensive
Expensive
Expensive
 12.09 12.78 12.31
+2.44 σ
+2.86 σ
+3.14 σ
 +49.31% 03:58 PM
EWY South Korea 16.76
Expensive
Expensive
Expensive
 10.45 10.19 9.90
+5.49 σ
+6.22 σ
+7.32 σ
 +51.96% 03:59 PM
EWM Malaysia 16.72
Expensive
Expensive
Expensive
 14.33 15.08 14.70
+3.15 σ
+2.17 σ
+2.56 σ
 +15.32% 03:59 PM
EZA South Africa 16.66
Expensive
Expensive
Expensive
 10.62 12.12 11.90
+3.67 σ
+2.34 σ
+2.87 σ
 +22.76% 03:58 PM
VNM Vietnam 16.36
Fair
-
-
 15.64 - -
+0.27 σ
-
-
 +8.40% 03:59 PM
ARGT Argentina 16.33
Overvalued
Expensive
Expensive
 12.57 12.44 10.66
+1.98 σ
+3.00 σ
+2.28 σ
 +9.06% 03:58 PM
NORW Norway 16.25
Expensive
Overvalued
Expensive
 10.79 12.62 11.57
+2.83 σ
+1.99 σ
+2.93 σ
 +14.53% 03:33 PM
THD Thailand 15.73
Fair
Fair
Fair
 17.57 17.52 15.81
-0.82 σ
-0.89 σ
-0.03 σ
 +13.82% 03:58 PM
EWO Austria 15.58
Expensive
Expensive
Expensive
 8.35 9.61 9.95
+3.71 σ
+3.30 σ
+3.51 σ
 +22.14% 03:58 PM
EWW Mexico 15.55
Expensive
Overvalued
Fair
 12.53 13.71 14.27
+3.35 σ
+1.21 σ
+0.74 σ
 +23.15% 03:59 PM
ECH Chile 15.43
Expensive
Fair
Fair
 10.14 13.16 14.57
+2.14 σ
+0.82 σ
+0.47 σ
 +29.83% 03:59 PM
EDEN Denmark 15.28
Fair
Undervalued
Fair
 16.80 18.18 16.55
-0.49 σ
-1.10 σ
-0.69 σ
 +4.17% 03:39 PM
EIRL Ireland 14.76
Fair
Fair
Fair
 15.22 15.60 16.16
-0.22 σ
-0.45 σ
-0.58 σ
 +10.35% 03:39 PM
EWP Spain 14.52
Expensive
Expensive
Overvalued
 11.29 11.86 11.55
+2.60 σ
+2.18 σ
+1.97 σ
 +17.10% 03:58 PM
TUR Turkey 14.09
Expensive
Expensive
Expensive
 5.96 6.42 7.94
+4.74 σ
+6.43 σ
+3.80 σ
 +20.55% 03:59 PM
EWI Italy 13.85
Overvalued
Overvalued
Overvalued
 10.61 11.41 11.16
+1.83 σ
+1.66 σ
+1.70 σ
 +11.01% 03:59 PM
EPOL Poland 13.48
Overvalued
Overvalued
Overvalued
 10.15 11.03 11.45
+1.60 σ
+1.80 σ
+1.65 σ
 +15.14% 03:59 PM
EWZ Brazil 12.60
Expensive
Overvalued
Overvalued
 7.96 10.01 9.97
+3.69 σ
+1.38 σ
+1.81 σ
 +24.54% 03:59 PM
QAT Qatar 12.36
Fair
-
-
 13.10 - -
-0.36 σ
-
-
 +3.42% 01:34 PM
EIDO Indonesia 11.94
Fair
Undervalued
Undervalued
 12.95 14.19 13.65
-0.75 σ
-1.58 σ
-1.40 σ
 -2.82% 03:59 PM
GREK Greece 11.91
Overvalued
Fair
Fair
 9.51 11.34 10.99
+1.21 σ
+0.29 σ
+0.41 σ
 +20.11% 03:58 PM
FXI China 10.73
Fair
Fair
Fair
 10.28 11.16 11.03
+0.35 σ
-0.32 σ
-0.18 σ
 +2.10% 03:59 PM
COLO Colombia 10.19
Overvalued
Fair
Fair
 7.25 9.49 12.45
+1.87 σ
+0.31 σ
-0.79 σ
 +23.19% 03:58 PM
EPHE Philippines 9.40
Undervalued
Cheap
Cheap
 12.79 14.98 15.22
-1.33 σ
-2.18 σ
-2.69 σ
 +2.94% 03:58 PM
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).