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 25.73
Overvalued
Overvalued
Expensive
 22.82 20.25 16.85
+1.12 σ
+1.88 σ
+2.98 σ
 +6.13% 09:30 AM
ENZL New Zealand 25.57
Fair
Fair
Fair
 26.97 27.44 21.47
-0.36 σ
-0.47 σ
+0.74 σ
 -0.84% 09:30 AM
EWT Taiwan 24.00
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+3.03 σ
+4.73 σ
+5.60 σ
 +37.56% 09:30 AM
EWL Switzerland 22.93
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.21 σ
+2.36 σ
+3.06 σ
 +4.01% 09:30 AM
INDA India 22.27
Fair
Fair
Overvalued
 23.10 20.83 18.05
-0.66 σ
+0.60 σ
+1.46 σ
 -9.07% 09:30 AM
EWA Australia 20.25
Overvalued
Overvalued
Expensive
 17.40 16.69 14.92
+1.11 σ
+1.91 σ
+3.05 σ
 +2.51% 09:30 AM
EWY South Korea 19.15
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+6.56 σ
+7.41 σ
+9.31 σ
 +56.82% 09:30 AM
EWN Netherlands 19.04
Fair
Overvalued
Overvalued
 17.57 17.07 14.43
+0.77 σ
+1.02 σ
+1.90 σ
 +12.72% 09:30 AM
EWC Canada 18.94
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.07 σ
+2.05 σ
+3.55 σ
 +6.72% 09:30 AM
EWK Belgium 18.63
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.96 σ
+0.90 σ
+1.39 σ
 +9.35% 09:30 AM
EWJ Japan 18.28
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.32 σ
+2.62 σ
+2.45 σ
 +5.67% 09:30 AM
EIS Israel 17.79
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.82 σ
+4.66 σ
+4.46 σ
 +9.63% 09:30 AM
EWH Hong Kong 17.72
Overvalued
Expensive
Expensive
 15.47 15.38 15.25
+1.91 σ
+2.39 σ
+2.39 σ
 -4.25% 09:30 AM
EWU United Kingdom 17.70
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.33 σ
+2.26 σ
+3.16 σ
 +3.32% 09:30 AM
EWQ France 17.56
Fair
Overvalued
Overvalued
 16.60 15.57 13.48
+0.49 σ
+1.13 σ
+1.91 σ
 +1.55% 09:30 AM
EWG Germany 17.33
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.27 σ
+2.14 σ
+3.45 σ
 -1.40% 09:30 AM
VNM Vietnam 16.58
Fair
Fair
-
 15.24 16.78 -
+0.61 σ
-0.07 σ
-
 -2.49% 09:30 AM
TUR Turkey 16.54
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+3.89 σ
+7.83 σ
+5.27 σ
 +3.73% 09:30 AM
NORW Norway 16.31
Expensive
Overvalued
Expensive
 10.79 12.67 11.62
+2.86 σ
+1.94 σ
+2.84 σ
 +12.00% 09:30 AM
THD Thailand 16.08
Fair
Fair
Fair
 17.14 17.36 15.92
-0.54 σ
-0.65 σ
+0.07 σ
 +12.92% 09:30 AM
EDEN Denmark 15.86
Fair
Fair
Fair
 16.14 18.03 16.56
-0.12 σ
-0.82 σ
-0.38 σ
 -1.22% 09:30 AM
EWS Singapore 15.80
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.26 σ
+2.21 σ
+2.46 σ
 +0.95% 09:30 AM
ARGT Argentina 15.38
Overvalued
Overvalued
Overvalued
 12.94 12.69 10.78
+1.15 σ
+1.93 σ
+1.78 σ
 +10.34% 09:30 AM
EWD Sweden 15.14
Fair
Fair
Fair
 16.26 16.21 14.92
-0.52 σ
-0.69 σ
+0.14 σ
 +0.72% 09:30 AM
EIRL Ireland 14.87
Fair
Fair
Fair
 14.72 15.52 16.18
+0.12 σ
-0.34 σ
-0.54 σ
 +8.09% 09:30 AM
EWM Malaysia 14.75
Fair
Fair
Fair
 14.44 15.09 14.73
+0.39 σ
-0.43 σ
+0.03 σ
 +0.59% 09:30 AM
EWP Spain 14.58
Expensive
Overvalued
Overvalued
 11.29 11.96 11.59
+2.65 σ
+1.97 σ
+1.93 σ
 +6.45% 09:30 AM
EPU Perù 14.29
Overvalued
Fair
Overvalued
 12.14 12.85 12.33
+1.07 σ
+0.98 σ
+1.37 σ
 +12.78% 09:30 AM
EWI Italy 14.04
Overvalued
Overvalued
Overvalued
 10.62 11.48 11.17
+1.91 σ
+1.69 σ
+1.80 σ
 +8.62% 09:30 AM
EWO Austria 13.76
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.43 σ
+2.19 σ
+2.38 σ
 +14.58% 09:30 AM
ECH Chile 12.84
Overvalued
Fair
Fair
 10.11 13.15 14.54
+1.13 σ
-0.11 σ
-0.94 σ
 +2.75% 09:30 AM
EWZ Brazil 12.68
Expensive
Overvalued
Overvalued
 8.05 10.06 10.06
+3.32 σ
+1.36 σ
+1.80 σ
 -1.67% 09:30 AM
EWW Mexico 12.51
Fair
Fair
Undervalued
 12.50 13.59 14.26
+0.01 σ
-0.78 σ
-1.01 σ
 +4.54% 09:30 AM
EPOL Poland 12.28
Overvalued
Fair
Fair
 10.13 11.06 11.45
+1.05 σ
+0.88 σ
+0.67 σ
 +10.38% 09:30 AM
COLO Colombia 11.69
Expensive
Overvalued
Fair
 7.21 9.44 12.34
+2.94 σ
+1.03 σ
-0.23 σ
 +13.22% 09:30 AM
QAT Qatar 11.28
Fair
Undervalued
-
 12.67 13.37 -
-0.78 σ
-1.58 σ
-
 -3.90% 09:30 AM
GREK Greece 10.93
Fair
Fair
Fair
 9.37 11.34 10.92
+0.86 σ
-0.21 σ
+0.00 σ
 +8.46% 09:30 AM
EIDO Indonesia 10.47
Undervalued
Cheap
Cheap
 12.66 14.06 13.66
-1.80 σ
-2.41 σ
-2.63 σ
 -29.36% 09:30 AM
FXI China 9.82
Fair
Fair
Fair
 10.03 11.16 10.98
-0.23 σ
-0.99 σ
-0.69 σ
 -10.44% 09:30 AM
EZA South Africa 9.62
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.61 σ
-1.23 σ
-1.34 σ
 -5.56% 09:30 AM
EPHE Philippines 8.33
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.60 σ
-2.35 σ
-3.04 σ
 -3.15% 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).