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 26.20
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.30 σ
+2.04 σ
+3.13 σ
 +8.28% 09:30 AM
ENZL New Zealand 25.42
Fair
Fair
Fair
 26.97 27.44 21.47
-0.40 σ
-0.50 σ
+0.72 σ
 -1.45% 09:30 AM
EWT Taiwan 24.15
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+3.09 σ
+4.81 σ
+5.69 σ
 +39.63% 09:30 AM
EWL Switzerland 22.75
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.14 σ
+2.27 σ
+2.98 σ
 +3.39% 09:30 AM
INDA India 22.46
Fair
Fair
Overvalued
 23.10 20.83 18.05
-0.51 σ
+0.68 σ
+1.53 σ
 -8.47% 09:30 AM
EWA Australia 20.11
Overvalued
Overvalued
Expensive
 17.40 16.69 14.92
+1.05 σ
+1.84 σ
+2.97 σ
 +1.88% 09:30 AM
EWC Canada 19.17
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.16 σ
+2.18 σ
+3.73 σ
 +8.32% 09:30 AM
EWY South Korea 18.83
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+6.32 σ
+7.14 σ
+8.99 σ
 +56.37% 09:30 AM
EWN Netherlands 18.79
Fair
Fair
Overvalued
 17.57 17.07 14.43
+0.64 σ
+0.89 σ
+1.79 σ
 +11.60% 09:30 AM
EWJ Japan 18.66
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.58 σ
+2.88 σ
+2.69 σ
 +8.08% 09:30 AM
EWK Belgium 18.29
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.83 σ
+0.73 σ
+1.26 σ
 +7.59% 09:30 AM
EIS Israel 18.19
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+3.02 σ
+4.95 σ
+4.72 σ
 +12.55% 09:30 AM
EWH Hong Kong 18.04
Expensive
Expensive
Expensive
 15.47 15.38 15.25
+2.19 σ
+2.72 σ
+2.71 σ
 -2.47% 09:30 AM
EWU United Kingdom 17.87
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.39 σ
+2.36 σ
+3.27 σ
 +4.50% 09:30 AM
EWG Germany 17.76
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.45 σ
+2.40 σ
+3.75 σ
 +1.02% 09:30 AM
EWQ France 17.68
Fair
Overvalued
Overvalued
 16.60 15.57 13.48
+0.55 σ
+1.20 σ
+1.97 σ
 +2.31% 09:30 AM
TUR Turkey 16.61
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+3.91 σ
+7.89 σ
+5.32 σ
 +4.31% 09:30 AM
VNM Vietnam 16.54
Fair
Fair
-
 15.24 16.78 -
+0.59 σ
-0.08 σ
-
 -2.70% 09:30 AM
NORW Norway 16.45
Expensive
Expensive
Expensive
 10.79 12.67 11.62
+2.93 σ
+2.01 σ
+2.93 σ
 +13.32% 09:30 AM
THD Thailand 16.09
Fair
Fair
Fair
 17.14 17.36 15.92
-0.53 σ
-0.65 σ
+0.08 σ
 +13.36% 09:30 AM
EWS Singapore 15.82
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.28 σ
+2.23 σ
+2.49 σ
 +1.16% 09:30 AM
EDEN Denmark 15.68
Fair
Fair
Fair
 16.14 18.03 16.56
-0.20 σ
-0.88 σ
-0.48 σ
 -2.37% 09:30 AM
EWD Sweden 15.53
Fair
Fair
Fair
 16.26 16.21 14.92
-0.34 σ
-0.44 σ
+0.38 σ
 +3.40% 09:30 AM
EWM Malaysia 14.76
Fair
Fair
Fair
 14.44 15.09 14.73
+0.40 σ
-0.43 σ
+0.03 σ
 +0.75% 09:30 AM
EIRL Ireland 14.70
Fair
Fair
Fair
 14.72 15.52 16.18
-0.01 σ
-0.44 σ
-0.61 σ
 +6.99% 09:30 AM
EWP Spain 14.69
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+2.73 σ
+2.04 σ
+2.00 σ
 +7.45% 09:30 AM
ARGT Argentina 14.52
Fair
Overvalued
Overvalued
 12.94 12.69 10.78
+0.74 σ
+1.32 σ
+1.45 σ
 +4.43% 09:30 AM
EWI Italy 13.98
Overvalued
Overvalued
Overvalued
 10.62 11.48 11.17
+1.88 σ
+1.65 σ
+1.76 σ
 +8.40% 09:30 AM
EWO Austria 13.70
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.40 σ
+2.15 σ
+2.33 σ
 +14.43% 09:30 AM
EPU Perù 13.27
Fair
Fair
Fair
 12.14 12.85 12.33
+0.56 σ
+0.28 σ
+0.65 σ
 +5.35% 09:30 AM
EWZ Brazil 12.59
Expensive
Overvalued
Overvalued
 8.05 10.06 10.06
+3.26 σ
+1.31 σ
+1.73 σ
 -2.15% 09:30 AM
EWW Mexico 12.47
Fair
Fair
Undervalued
 12.50 13.59 14.26
-0.03 σ
-0.81 σ
-1.04 σ
 +4.47% 09:30 AM
ECH Chile 12.30
Fair
Fair
Undervalued
 10.11 13.15 14.54
+0.91 σ
-0.31 σ
-1.24 σ
 -1.31% 09:30 AM
EPOL Poland 12.20
Overvalued
Fair
Fair
 10.13 11.06 11.45
+1.01 σ
+0.83 σ
+0.61 σ
 +9.98% 09:30 AM
QAT Qatar 11.13
Fair
Undervalued
-
 12.67 13.37 -
-0.87 σ
-1.70 σ
-
 -5.34% 09:30 AM
COLO Colombia 11.06
Expensive
Fair
Fair
 7.21 9.44 12.34
+2.53 σ
+0.74 σ
-0.45 σ
 +7.53% 09:30 AM
GREK Greece 10.90
Fair
Fair
Fair
 9.37 11.34 10.92
+0.84 σ
-0.22 σ
-0.01 σ
 +8.36% 09:30 AM
FXI China 9.98
Fair
Fair
Fair
 10.03 11.16 10.98
-0.06 σ
-0.87 σ
-0.60 σ
 -9.20% 09:30 AM
EZA South Africa 9.73
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.55 σ
-1.17 σ
-1.28 σ
 -4.36% 09:30 AM
EIDO Indonesia 9.40
Cheap
Cheap
Cheap
 12.66 14.06 13.66
-2.69 σ
-3.14 σ
-3.52 σ
 -37.00% 09:30 AM
EPHE Philippines 8.31
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.61 σ
-2.36 σ
-3.05 σ
 -3.50% 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).