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 27.34
Expensive
Expensive
Expensive
 16.61 15.43 14.28
+3.61 σ
+6.05 σ
+7.10 σ
 +30.11% 09:30 AM
ENZL New Zealand 24.93
Fair
Fair
Fair
 26.84 27.52 21.67
-0.50 σ
-0.65 σ
+0.60 σ
 -0.27% 09:30 AM
VTI United States 24.09
Fair
Overvalued
Expensive
 23.07 20.51 17.01
+0.38 σ
+1.19 σ
+2.27 σ
 +7.40% 09:30 AM
EWL Switzerland 23.58
Overvalued
Expensive
Expensive
 20.22 18.64 16.06
+1.30 σ
+2.41 σ
+3.16 σ
 -1.44% 09:30 AM
INDA India 21.82
Undervalued
Fair
Overvalued
 23.11 21.00 18.17
-1.03 σ
+0.35 σ
+1.25 σ
 -3.58% 09:30 AM
EWA Australia 19.76
Fair
Overvalued
Expensive
 17.66 16.83 15.03
+0.78 σ
+1.49 σ
+2.58 σ
 -0.22% 09:30 AM
EWJ Japan 18.87
Expensive
Expensive
Expensive
 14.99 14.60 14.44
+2.40 σ
+2.79 σ
+2.77 σ
 +8.51% 09:30 AM
EWC Canada 18.74
Fair
Overvalued
Expensive
 16.37 15.50 14.52
+0.84 σ
+1.75 σ
+3.18 σ
 +4.22% 09:30 AM
EWS Singapore 18.53
Expensive
Expensive
Expensive
 13.99 13.51 13.44
+2.65 σ
+4.31 σ
+5.04 σ
 +12.56% 09:30 AM
EWN Netherlands 18.46
Fair
Fair
Overvalued
 17.44 17.24 14.56
+0.63 σ
+0.62 σ
+1.57 σ
 +5.63% 09:30 AM
EIS Israel 17.64
Expensive
Expensive
Expensive
 12.19 11.58 11.00
+2.34 σ
+4.20 σ
+4.26 σ
 +2.49% 09:30 AM
EWG Germany 17.55
Overvalued
Expensive
Expensive
 14.53 14.00 12.58
+1.20 σ
+2.03 σ
+3.39 σ
 -0.73% 09:30 AM
EWQ France 17.07
Fair
Fair
Overvalued
 16.66 15.70 13.58
+0.20 σ
+0.76 σ
+1.60 σ
 -3.49% 09:30 AM
EWU United Kingdom 16.56
Fair
Overvalued
Expensive
 13.85 13.50 12.44
+0.84 σ
+1.56 σ
+2.37 σ
 +1.69% 09:30 AM
EDEN Denmark 15.77
Fair
Fair
Fair
 15.88 17.96 16.59
-0.06 σ
-0.82 σ
-0.46 σ
 -0.77% 09:30 AM
EWP Spain 15.66
Expensive
Expensive
Expensive
 11.32 12.05 11.63
+3.33 σ
+2.52 σ
+2.53 σ
 +5.79% 09:30 AM
EIRL Ireland 15.24
Fair
Fair
Fair
 14.55 15.53 16.23
+0.76 σ
-0.15 σ
-0.42 σ
 +8.17% 09:30 AM
EWI Italy 14.78
Expensive
Expensive
Expensive
 10.70 11.54 11.20
+2.17 σ
+2.06 σ
+2.20 σ
 +4.29% 09:30 AM
EWK Belgium 14.67
Fair
Undervalued
Fair
 15.96 16.82 15.08
-0.51 σ
-1.12 σ
-0.16 σ
 +1.92% 09:30 AM
ARGT Argentina 14.63
Fair
Overvalued
Overvalued
 13.17 12.84 10.86
+0.67 σ
+1.26 σ
+1.46 σ
 -1.21% 09:30 AM
THD Thailand 14.49
Undervalued
Undervalued
Fair
 16.80 17.18 15.97
-1.28 σ
-1.45 σ
-0.65 σ
 +6.42% 09:30 AM
EWD Sweden 14.47
Fair
Undervalued
Fair
 16.04 16.23 14.97
-0.77 σ
-1.14 σ
-0.32 σ
 +0.43% 09:30 AM
VNM Vietnam 13.61
Fair
Undervalued
-
 15.01 16.91 -
-0.71 σ
-1.23 σ
-
 -4.25% 09:30 AM
EPOL Poland 13.31
Overvalued
Overvalued
Overvalued
 10.13 11.10 11.48
+1.54 σ
+1.56 σ
+1.48 σ
 +14.43% 09:30 AM
TUR Turkey 13.21
Overvalued
Expensive
Expensive
 7.11 6.56 7.99
+1.96 σ
+4.44 σ
+3.15 σ
 -4.05% 09:30 AM
NORW Norway 13.09
Overvalued
Fair
Fair
 10.78 12.68 11.67
+1.21 σ
+0.22 σ
+0.85 σ
 +4.30% 09:30 AM
EWO Austria 13.07
Overvalued
Overvalued
Overvalued
 8.68 9.77 9.96
+1.74 σ
+1.68 σ
+1.91 σ
 +10.77% 09:30 AM
EWH Hong Kong 13.05
Undervalued
Cheap
Cheap
 15.51 15.46 15.28
-1.99 σ
-2.33 σ
-2.10 σ
 -0.91% 09:30 AM
EWW Mexico 12.15
Fair
Undervalued
Undervalued
 12.39 13.46 14.26
-0.32 σ
-1.02 σ
-1.22 σ
 -2.58% 09:30 AM
ECH Chile 11.85
Fair
Fair
Undervalued
 10.05 13.09 14.48
+0.77 σ
-0.45 σ
-1.46 σ
 -2.94% 09:30 AM
GREK Greece 11.31
Overvalued
Fair
Fair
 9.34 11.32 10.91
+1.11 σ
-0.01 σ
+0.19 σ
 +13.75% 09:30 AM
QAT Qatar 10.88
Fair
Undervalued
-
 12.31 13.33 -
-0.96 σ
-1.79 σ
-
 -9.35% 09:30 AM
COLO Colombia 10.37
Overvalued
Fair
Fair
 7.27 9.44 12.26
+1.92 σ
+0.42 σ
-0.68 σ
 +16.86% 09:30 AM
EWZ Brazil 10.35
Overvalued
Fair
Fair
 8.24 10.08 10.13
+1.30 σ
+0.14 σ
+0.15 σ
 +3.72% 09:30 AM
EWY South Korea 10.23
Fair
Fair
Fair
 10.85 10.40 9.99
-0.33 σ
-0.13 σ
+0.24 σ
 +21.28% 09:30 AM
EIDO Indonesia 9.26
Cheap
Cheap
Cheap
 12.41 13.91 13.66
-2.79 σ
-3.05 σ
-3.63 σ
 -18.10% 09:30 AM
EPU Perù 8.98
Undervalued
Cheap
Cheap
 12.32 12.89 12.41
-1.63 σ
-2.62 σ
-2.43 σ
 +9.05% 09:30 AM
FXI China 8.97
Undervalued
Undervalued
Undervalued
 9.87 11.11 10.95
-1.14 σ
-1.55 σ
-1.17 σ
 -5.19% 09:30 AM
EZA South Africa 8.63
Undervalued
Undervalued
Undervalued
 10.69 11.86 11.89
-1.14 σ
-1.66 σ
-1.90 σ
 -3.70% 09:30 AM
EWM Malaysia 7.78
Cheap
Cheap
Cheap
 14.45 15.03 14.75
-8.30 σ
-9.10 σ
-9.09 σ
 -2.25% 09:30 AM
EPHE Philippines 7.56
Undervalued
Cheap
Cheap
 11.73 14.40 15.14
-1.91 σ
-2.48 σ
-3.31 σ
 -8.08% 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).