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)
EWL Switzerland 26.93
Expensive
Expensive
Expensive
 20.40 18.77 16.13
+2.45 σ
+3.82 σ
+4.41 σ
 +7.07% 09:30 AM
ENZL New Zealand 26.29
Fair
Fair
Fair
 26.72 27.57 21.79
-0.11 σ
-0.33 σ
+0.83 σ
 +0.59% 09:30 AM
INDA India 23.47
Fair
Overvalued
Overvalued
 23.03 21.08 18.22
+0.34 σ
+1.03 σ
+1.78 σ
 +1.92% 09:30 AM
VTI United States 23.36
Fair
Fair
Overvalued
 23.16 20.65 17.10
+0.07 σ
+0.90 σ
+1.97 σ
 +2.87% 09:30 AM
EWT Taiwan 22.42
Overvalued
Expensive
Expensive
 17.00 15.58 14.35
+1.65 σ
+3.27 σ
+4.22 σ
 -3.88% 09:30 AM
EWA Australia 21.39
Overvalued
Expensive
Expensive
 17.80 16.91 15.10
+1.31 σ
+2.21 σ
+3.34 σ
 +2.68% 09:30 AM
EWC Canada 19.95
Overvalued
Expensive
Expensive
 16.56 15.56 14.57
+1.20 σ
+2.28 σ
+3.88 σ
 +5.12% 09:30 AM
EWG Germany 18.70
Overvalued
Expensive
Expensive
 14.69 14.10 12.62
+1.55 σ
+2.52 σ
+3.99 σ
 +2.11% 09:30 AM
EWN Netherlands 18.39
Fair
Fair
Overvalued
 17.35 17.31 14.62
+0.70 σ
+0.55 σ
+1.50 σ
 -0.81% 09:30 AM
EWQ France 18.06
Fair
Overvalued
Expensive
 16.70 15.77 13.63
+0.67 σ
+1.29 σ
+2.01 σ
 -2.66% 09:30 AM
EWS Singapore 18.04
Expensive
Expensive
Expensive
 14.13 13.59 13.46
+2.13 σ
+3.64 σ
+4.44 σ
 -0.15% 09:30 AM
EDEN Denmark 17.76
Overvalued
Fair
Fair
 15.73 17.93 16.61
+1.05 σ
-0.07 σ
+0.64 σ
 +7.12% 09:30 AM
EWU United Kingdom 17.42
Overvalued
Overvalued
Expensive
 14.05 13.53 12.48
+1.04 σ
+1.94 σ
+2.78 σ
 +3.74% 09:30 AM
EIRL Ireland 17.00
Expensive
Fair
Fair
 14.50 15.52 16.26
+3.01 σ
+0.79 σ
+0.32 σ
 +9.68% 09:30 AM
EWP Spain 16.31
Expensive
Expensive
Expensive
 11.39 12.10 11.65
+3.39 σ
+2.83 σ
+2.88 σ
 +2.08% 09:30 AM
EWD Sweden 15.57
Fair
Fair
Fair
 15.90 16.21 14.98
-0.17 σ
-0.41 σ
+0.37 σ
 +3.37% 09:30 AM
EWK Belgium 15.50
Fair
Fair
Fair
 15.80 16.73 15.12
-0.12 σ
-0.64 σ
+0.15 σ
 +3.04% 09:30 AM
EIS Israel 15.38
Overvalued
Expensive
Expensive
 12.36 11.69 11.01
+1.21 σ
+2.48 σ
+2.79 σ
 -11.75% 09:30 AM
EWI Italy 14.98
Expensive
Expensive
Expensive
 10.79 11.59 11.22
+2.11 σ
+2.11 σ
+2.29 σ
 +0.05% 09:30 AM
EWJ Japan 14.30
Fair
Fair
Fair
 15.03 14.65 14.43
-0.43 σ
-0.23 σ
-0.09 σ
 -0.91% 09:30 AM
EWO Austria 14.18
Expensive
Expensive
Expensive
 8.82 9.83 9.97
+2.00 σ
+2.16 σ
+2.58 σ
 +2.17% 09:30 AM
THD Thailand 13.96
Undervalued
Undervalued
Fair
 16.54 17.13 15.99
-1.50 σ
-1.67 σ
-0.89 σ
 -3.79% 09:30 AM
VNM Vietnam 13.93
Fair
Undervalued
-
 14.80 16.93 -
-0.47 σ
-1.13 σ
-
 -4.72% 09:30 AM
EWH Hong Kong 13.91
Undervalued
Undervalued
Undervalued
 15.39 15.41 15.25
-1.16 σ
-1.42 σ
-1.26 σ
 +2.52% 09:30 AM
NORW Norway 13.72
Overvalued
Fair
Overvalued
 10.79 12.66 11.70
+1.52 σ
+0.56 σ
+1.20 σ
 +2.66% 09:30 AM
EPOL Poland 13.38
Overvalued
Overvalued
Overvalued
 10.14 11.13 11.49
+1.57 σ
+1.56 σ
+1.51 σ
 +8.51% 09:30 AM
EWM Malaysia 13.23
Undervalued
Cheap
Undervalued
 14.42 14.98 14.74
-1.42 σ
-2.10 σ
-1.96 σ
 -3.06% 09:30 AM
EWW Mexico 13.04
Overvalued
Fair
Fair
 12.33 13.37 14.24
+1.00 σ
-0.27 σ
-0.69 σ
 +0.57% 09:30 AM
GREK Greece 12.47
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.80 σ
+0.60 σ
+0.73 σ
 +6.93% 09:30 AM
ECH Chile 11.87
Fair
Fair
Undervalued
 10.03 13.01 14.42
+0.79 σ
-0.41 σ
-1.40 σ
 -10.57% 09:30 AM
ARGT Argentina 11.80
Fair
Fair
Fair
 13.23 12.88 10.86
-0.66 σ
-0.77 σ
+0.37 σ
 -18.47% 09:30 AM
QAT Qatar 11.59
Fair
Undervalued
-
 12.09 13.27 -
-0.38 σ
-1.19 σ
-
 -2.74% 09:30 AM
EZA South Africa 11.15
Fair
Fair
Fair
 10.70 11.75 11.88
+0.25 σ
-0.31 σ
-0.42 σ
 -2.11% 09:30 AM
TUR Turkey 10.62
Overvalued
Expensive
Overvalued
 7.37 6.63 7.99
+1.02 σ
+2.46 σ
+1.57 σ
 -20.64% 09:30 AM
COLO Colombia 9.96
Overvalued
Fair
Fair
 7.31 9.41 12.19
+1.58 σ
+0.25 σ
-0.82 σ
 +9.22% 09:30 AM
FXI China 9.65
Fair
Fair
Fair
 9.77 11.05 10.92
-0.16 σ
-0.99 σ
-0.75 σ
 -1.74% 09:30 AM
EPU Perù 8.23
Undervalued
Cheap
Cheap
 12.28 12.83 12.41
-1.94 σ
-2.96 σ
-2.97 σ
 -5.56% 09:30 AM
EWZ Brazil 8.10
Fair
Fair
Undervalued
 8.31 10.01 10.15
-0.13 σ
-1.00 σ
-1.43 σ
 -13.48% 09:30 AM
EWY South Korea 7.81
Undervalued
Undervalued
Cheap
 10.81 10.38 9.97
-1.57 σ
-1.92 σ
-2.09 σ
 -13.29% 09:30 AM
EPHE Philippines 7.80
Undervalued
Cheap
Cheap
 11.40 14.22 15.11
-1.78 σ
-2.30 σ
-3.13 σ
 -7.38% 09:30 AM
EIDO Indonesia 7.45
Cheap
Cheap
Cheap
 12.20 13.80 13.65
-4.31 σ
-4.11 σ
-5.04 σ
 -28.43% 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).