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 27.04
Fair
Fair
Overvalued
 26.98 27.41 21.39
+0.02 σ
-0.09 σ
+1.02 σ
 -2.38% 09:30 AM
VTI United States 26.25
Overvalued
Expensive
Expensive
 22.71 20.15 16.80
+1.39 σ
+2.12 σ
+3.21 σ
 +9.83% 09:30 AM
EWT Taiwan 25.41
Expensive
Expensive
Expensive
 16.11 15.15 14.13
+3.75 σ
+5.59 σ
+6.54 σ
 +39.92% 09:30 AM
INDA India 23.15
Fair
Fair
Overvalued
 23.07 20.77 18.01
+0.06 σ
+0.98 σ
+1.79 σ
 -6.73% 09:30 AM
EWL Switzerland 23.14
Overvalued
Expensive
Expensive
 19.89 18.37 15.90
+1.36 σ
+2.57 σ
+3.20 σ
 +6.61% 09:30 AM
EWA Australia 20.56
Overvalued
Expensive
Expensive
 17.33 16.64 14.90
+1.28 σ
+2.15 σ
+3.30 σ
 +4.54% 09:30 AM
EWY South Korea 20.51
Expensive
Expensive
Expensive
 10.49 10.27 9.93
+8.12 σ
+8.86 σ
+10.84 σ
 +66.00% 09:30 AM
EWC Canada 19.81
Overvalued
Expensive
Expensive
 15.99 15.38 14.44
+1.47 σ
+2.65 σ
+4.31 σ
 +9.66% 09:30 AM
EWN Netherlands 19.28
Fair
Overvalued
Expensive
 17.66 17.02 14.40
+0.77 σ
+1.17 σ
+2.03 σ
 +13.38% 09:30 AM
EWK Belgium 18.68
Fair
Fair
Overvalued
 16.11 16.88 14.95
+0.97 σ
+0.92 σ
+1.42 σ
 +9.46% 09:30 AM
EWJ Japan 18.39
Expensive
Expensive
Expensive
 14.84 14.40 14.43
+2.48 σ
+2.76 σ
+2.52 σ
 +8.87% 09:30 AM
EWG Germany 18.34
Overvalued
Expensive
Expensive
 14.26 13.78 12.49
+1.78 σ
+2.87 σ
+4.26 σ
 +2.75% 09:30 AM
EWU United Kingdom 18.26
Overvalued
Expensive
Expensive
 13.44 13.41 12.35
+1.59 σ
+2.65 σ
+3.55 σ
 +6.37% 09:30 AM
EWQ France 18.24
Fair
Overvalued
Expensive
 16.58 15.52 13.45
+0.84 σ
+1.56 σ
+2.27 σ
 +1.31% 09:30 AM
EWH Hong Kong 18.02
Expensive
Expensive
Expensive
 15.47 15.34 15.24
+2.17 σ
+2.78 σ
+2.72 σ
 +4.88% 09:30 AM
EIS Israel 17.40
Expensive
Expensive
Expensive
 11.95 11.42 10.98
+2.71 σ
+4.48 σ
+4.21 σ
 +20.24% 09:30 AM
NORW Norway 16.95
Expensive
Expensive
Expensive
 10.79 12.66 11.61
+3.19 σ
+2.31 σ
+3.27 σ
 +19.89% 09:30 AM
EDEN Denmark 16.46
Fair
Fair
Fair
 16.28 18.06 16.55
+0.07 σ
-0.60 σ
-0.05 σ
 +1.15% 09:30 AM
EWS Singapore 16.41
Overvalued
Expensive
Expensive
 13.77 13.36 13.39
+1.73 σ
+2.86 σ
+3.14 σ
 +4.18% 09:30 AM
THD Thailand 16.33
Fair
Fair
Fair
 17.23 17.41 15.89
-0.44 σ
-0.54 σ
+0.18 σ
 +13.92% 09:30 AM
EWD Sweden 16.21
Fair
Fair
Fair
 16.33 16.19 14.90
-0.05 σ
+0.01 σ
+0.82 σ
 +6.29% 09:30 AM
VNM Vietnam 16.14
Fair
Fair
-
 15.32 16.73 -
+0.35 σ
-0.20 σ
-
 +2.69% 09:30 AM
ARGT Argentina 15.46
Overvalued
Expensive
Overvalued
 12.85 12.63 10.73
+1.26 σ
+2.08 σ
+1.84 σ
 +4.22% 09:30 AM
EWP Spain 15.17
Expensive
Expensive
Expensive
 11.29 11.94 11.58
+3.12 σ
+2.48 σ
+2.34 σ
 +7.33% 09:30 AM
TUR Turkey 15.00
Expensive
Expensive
Expensive
 6.38 6.45 7.94
+3.65 σ
+6.81 σ
+4.34 σ
 +5.80% 09:30 AM
EWM Malaysia 14.92
Fair
Fair
Fair
 14.43 15.09 14.73
+0.61 σ
-0.22 σ
+0.24 σ
 +6.40% 09:30 AM
EIRL Ireland 14.69
Fair
Fair
Fair
 14.83 15.54 16.17
-0.09 σ
-0.45 σ
-0.61 σ
 +5.78% 09:30 AM
EWI Italy 14.57
Expensive
Expensive
Expensive
 10.61 11.46 11.17
+2.23 σ
+2.06 σ
+2.14 σ
 +8.73% 09:30 AM
EWO Austria 14.39
Expensive
Expensive
Expensive
 8.41 9.65 9.95
+2.88 σ
+2.56 σ
+2.77 σ
 +15.26% 09:30 AM
EPU Perù 13.98
Fair
Fair
Overvalued
 12.13 12.84 12.31
+0.93 σ
+0.78 σ
+1.17 σ
 +14.66% 09:30 AM
EWW Mexico 12.90
Fair
Fair
Fair
 12.53 13.63 14.27
+0.41 σ
-0.52 σ
-0.79 σ
 +9.17% 09:30 AM
ECH Chile 12.85
Overvalued
Fair
Fair
 10.12 13.15 14.55
+1.12 σ
-0.11 σ
-0.94 σ
 +4.23% 09:30 AM
EPOL Poland 12.67
Overvalued
Overvalued
Fair
 10.13 11.05 11.45
+1.23 σ
+1.18 σ
+1.00 σ
 +13.07% 09:30 AM
EWZ Brazil 11.89
Expensive
Fair
Overvalued
 8.01 10.05 10.04
+2.89 σ
+0.96 σ
+1.27 σ
 +6.87% 09:30 AM
QAT Qatar 11.24
Fair
Undervalued
-
 12.78 13.38 -
-0.82 σ
-1.63 σ
-
 -3.29% 09:30 AM
COLO Colombia 11.21
Expensive
Fair
Fair
 7.21 9.45 12.35
+2.63 σ
+0.80 σ
-0.40 σ
 +0.92% 09:30 AM
GREK Greece 10.70
Fair
Fair
Fair
 9.40 11.35 10.93
+0.70 σ
-0.33 σ
-0.11 σ
 +5.11% 09:30 AM
EIDO Indonesia 9.73
Cheap
Cheap
Cheap
 12.74 14.10 13.67
-2.44 σ
-2.99 σ
-3.27 σ
 -24.46% 09:30 AM
FXI China 9.64
Fair
Undervalued
Fair
 10.10 11.17 11.00
-0.46 σ
-1.14 σ
-0.81 σ
 -7.98% 09:30 AM
EZA South Africa 9.52
Fair
Undervalued
Undervalued
 10.73 12.08 11.91
-0.67 σ
-1.30 σ
-1.41 σ
 -0.18% 09:30 AM
EPHE Philippines 8.26
Undervalued
Cheap
Cheap
 12.38 14.76 15.18
-1.68 σ
-2.44 σ
-3.11 σ
 -2.78% 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).