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 28.12
Fair
Fair
Overvalued
 26.98 27.41 21.39
+0.30 σ
+0.18 σ
+1.22 σ
 +1.50% 09:30 AM
VTI United States 26.49
Overvalued
Expensive
Expensive
 22.71 20.15 16.80
+1.48 σ
+2.20 σ
+3.29 σ
 +10.10% 09:30 AM
EWT Taiwan 26.37
Expensive
Expensive
Expensive
 16.11 15.15 14.13
+4.14 σ
+6.12 σ
+7.10 σ
 +43.93% 09:30 AM
EWL Switzerland 23.04
Overvalued
Expensive
Expensive
 19.89 18.37 15.90
+1.32 σ
+2.51 σ
+3.16 σ
 +5.86% 09:30 AM
INDA India 23.02
Fair
Fair
Overvalued
 23.07 20.77 18.01
-0.04 σ
+0.93 σ
+1.75 σ
 -7.13% 09:30 AM
EWY South Korea 21.87
Expensive
Expensive
Expensive
 10.49 10.27 9.93
+9.23 σ
+10.04 σ
+12.23 σ
 +74.10% 09:30 AM
EWA Australia 20.51
Overvalued
Expensive
Expensive
 17.33 16.64 14.90
+1.26 σ
+2.12 σ
+3.27 σ
 +4.16% 09:30 AM
EWC Canada 19.61
Overvalued
Expensive
Expensive
 15.99 15.38 14.44
+1.39 σ
+2.53 σ
+4.15 σ
 +8.20% 09:30 AM
EWN Netherlands 19.16
Fair
Overvalued
Overvalued
 17.66 17.02 14.40
+0.71 σ
+1.11 σ
+1.98 σ
 +12.24% 09:30 AM
EWK Belgium 18.66
Fair
Fair
Overvalued
 16.11 16.88 14.95
+0.96 σ
+0.91 σ
+1.41 σ
 +9.04% 09:30 AM
EWG Germany 18.49
Overvalued
Expensive
Expensive
 14.26 13.78 12.49
+1.84 σ
+2.96 σ
+4.36 σ
 +3.52% 09:30 AM
EWQ France 18.45
Fair
Overvalued
Expensive
 16.58 15.52 13.45
+0.95 σ
+1.68 σ
+2.36 σ
 +2.35% 09:30 AM
EWJ Japan 18.40
Expensive
Expensive
Expensive
 14.84 14.40 14.43
+2.48 σ
+2.77 σ
+2.53 σ
 +8.62% 09:30 AM
EWU United Kingdom 18.13
Overvalued
Expensive
Expensive
 13.44 13.41 12.35
+1.55 σ
+2.58 σ
+3.47 σ
 +5.41% 09:30 AM
EIS Israel 17.71
Expensive
Expensive
Expensive
 11.95 11.42 10.98
+2.86 σ
+4.71 σ
+4.41 σ
 +21.55% 09:30 AM
EWH Hong Kong 17.53
Overvalued
Expensive
Expensive
 15.47 15.34 15.24
+1.75 σ
+2.27 σ
+2.24 σ
 +1.89% 09:30 AM
NORW Norway 16.69
Expensive
Expensive
Expensive
 10.79 12.66 11.61
+3.06 σ
+2.17 σ
+3.11 σ
 +17.58% 09:30 AM
THD Thailand 16.53
Fair
Fair
Fair
 17.23 17.41 15.89
-0.34 σ
-0.44 σ
+0.27 σ
 +14.92% 09:30 AM
ARGT Argentina 16.47
Overvalued
Expensive
Expensive
 12.85 12.63 10.73
+1.75 σ
+2.83 σ
+2.24 σ
 +10.85% 09:30 AM
EDEN Denmark 16.30
Fair
Fair
Fair
 16.28 18.06 16.55
+0.01 σ
-0.66 σ
-0.14 σ
 +0.12% 09:30 AM
EWS Singapore 16.25
Overvalued
Expensive
Expensive
 13.77 13.36 13.39
+1.63 σ
+2.71 σ
+2.97 σ
 +3.03% 09:30 AM
EWD Sweden 16.14
Fair
Fair
Fair
 16.33 16.19 14.90
-0.08 σ
-0.03 σ
+0.78 σ
 +5.62% 09:30 AM
VNM Vietnam 16.05
Fair
Fair
-
 15.32 16.73 -
+0.31 σ
-0.23 σ
-
 +1.96% 09:30 AM
EWP Spain 15.39
Expensive
Expensive
Expensive
 11.29 11.94 11.58
+3.29 σ
+2.65 σ
+2.49 σ
 +8.55% 09:30 AM
EIRL Ireland 14.87
Fair
Fair
Fair
 14.83 15.54 16.17
+0.02 σ
-0.36 σ
-0.54 σ
 +6.84% 09:30 AM
EWI Italy 14.65
Expensive
Expensive
Expensive
 10.61 11.46 11.17
+2.28 σ
+2.12 σ
+2.19 σ
 +9.05% 09:30 AM
TUR Turkey 14.62
Expensive
Expensive
Expensive
 6.38 6.45 7.94
+3.49 σ
+6.51 σ
+4.11 σ
 +3.00% 09:30 AM
EWM Malaysia 14.61
Fair
Fair
Fair
 14.43 15.09 14.73
+0.23 σ
-0.63 σ
-0.15 σ
 +3.93% 09:30 AM
EWO Austria 14.60
Expensive
Expensive
Expensive
 8.41 9.65 9.95
+2.98 σ
+2.68 σ
+2.90 σ
 +16.47% 09:30 AM
EPU Perù 14.13
Overvalued
Fair
Overvalued
 12.13 12.84 12.31
+1.00 σ
+0.88 σ
+1.28 σ
 +15.10% 09:30 AM
ECH Chile 13.35
Overvalued
Fair
Fair
 10.12 13.15 14.55
+1.33 σ
+0.07 σ
-0.66 σ
 +7.88% 09:30 AM
EWW Mexico 13.05
Fair
Fair
Fair
 12.53 13.63 14.27
+0.58 σ
-0.41 σ
-0.70 σ
 +10.07% 09:30 AM
EPOL Poland 12.76
Overvalued
Overvalued
Overvalued
 10.13 11.05 11.45
+1.28 σ
+1.25 σ
+1.07 σ
 +13.58% 09:30 AM
COLO Colombia 11.85
Expensive
Overvalued
Fair
 7.21 9.45 12.35
+3.05 σ
+1.09 σ
-0.18 σ
 +6.31% 09:30 AM
EWZ Brazil 11.75
Expensive
Fair
Overvalued
 8.01 10.05 10.04
+2.79 σ
+0.89 σ
+1.17 σ
 +5.28% 09:30 AM
QAT Qatar 11.50
Fair
Undervalued
-
 12.78 13.38 -
-0.68 σ
-1.43 σ
-
 -0.94% 09:30 AM
GREK Greece 11.13
Fair
Fair
Fair
 9.40 11.35 10.93
+0.93 σ
-0.11 σ
+0.09 σ
 +9.16% 09:30 AM
EZA South Africa 9.61
Fair
Undervalued
Undervalued
 10.73 12.08 11.91
-0.62 σ
-1.25 σ
-1.35 σ
 +0.51% 09:30 AM
EIDO Indonesia 9.51
Cheap
Cheap
Cheap
 12.74 14.10 13.67
-2.62 σ
-3.14 σ
-3.46 σ
 -25.87% 09:30 AM
FXI China 9.44
Fair
Undervalued
Fair
 10.10 11.17 11.00
-0.66 σ
-1.29 σ
-0.93 σ
 -9.79% 09:30 AM
EPHE Philippines 8.10
Undervalued
Cheap
Cheap
 12.38 14.76 15.18
-1.74 σ
-2.49 σ
-3.18 σ
 -4.48% 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).