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 29.79
Expensive
Expensive
Expensive
 16.61 15.43 14.28
+4.44 σ
+7.29 σ
+8.43 σ
 +30.72% 09:30 AM
ENZL New Zealand 27.13
Fair
Fair
Fair
 26.84 27.52 21.67
+0.07 σ
-0.10 σ
+1.00 σ
 +4.95% 09:30 AM
EWL Switzerland 25.27
Overvalued
Expensive
Expensive
 20.22 18.64 16.06
+1.95 σ
+3.23 σ
+3.88 σ
 +2.59% 09:30 AM
VTI United States 24.62
Fair
Overvalued
Expensive
 23.07 20.51 17.01
+0.58 σ
+1.36 σ
+2.44 σ
 +7.45% 09:30 AM
INDA India 22.69
Fair
Fair
Overvalued
 23.11 21.00 18.17
-0.33 σ
+0.72 σ
+1.55 σ
 -1.02% 09:30 AM
EWA Australia 21.14
Overvalued
Expensive
Expensive
 17.66 16.83 15.03
+1.30 σ
+2.19 σ
+3.34 σ
 +6.04% 09:30 AM
EWC Canada 20.48
Overvalued
Expensive
Expensive
 16.37 15.50 14.52
+1.46 σ
+2.69 σ
+4.49 σ
 +7.71% 09:30 AM
EWN Netherlands 20.35
Overvalued
Overvalued
Expensive
 17.44 17.24 14.56
+1.79 σ
+1.57 σ
+2.33 σ
 +7.44% 09:30 AM
EWS Singapore 19.59
Expensive
Expensive
Expensive
 13.99 13.51 13.44
+3.27 σ
+5.23 σ
+6.09 σ
 +16.35% 09:30 AM
EWJ Japan 18.91
Expensive
Expensive
Expensive
 14.99 14.60 14.44
+2.43 σ
+2.82 σ
+2.79 σ
 +8.11% 09:30 AM
EWH Hong Kong 17.99
Expensive
Expensive
Expensive
 15.51 15.46 15.28
+2.01 σ
+2.44 σ
+2.54 σ
 +0.76% 09:30 AM
EWG Germany 17.70
Overvalued
Expensive
Expensive
 14.53 14.00 12.58
+1.26 σ
+2.11 σ
+3.49 σ
 +3.12% 09:30 AM
EWQ France 17.47
Fair
Fair
Overvalued
 16.66 15.70 13.58
+0.40 σ
+0.99 σ
+1.78 σ
 +0.43% 09:30 AM
EIS Israel 17.41
Expensive
Expensive
Expensive
 12.19 11.58 11.00
+2.24 σ
+4.04 σ
+4.12 σ
 +2.90% 09:30 AM
EWY South Korea 17.08
Expensive
Expensive
Expensive
 10.85 10.40 9.99
+3.31 σ
+5.06 σ
+6.90 σ
 +22.07% 09:30 AM
EDEN Denmark 16.99
Fair
Fair
Fair
 15.88 17.96 16.59
+0.53 σ
-0.36 σ
+0.22 σ
 +4.96% 09:30 AM
ARGT Argentina 16.67
Overvalued
Expensive
Expensive
 13.17 12.84 10.86
+1.60 σ
+2.68 σ
+2.24 σ
 +5.92% 09:30 AM
EIRL Ireland 16.15
Overvalued
Fair
Fair
 14.55 15.53 16.23
+1.74 σ
+0.33 σ
-0.04 σ
 +10.99% 09:30 AM
EWK Belgium 15.91
Fair
Fair
Fair
 15.96 16.82 15.08
-0.02 σ
-0.48 σ
+0.32 σ
 +6.32% 09:30 AM
EWP Spain 15.85
Expensive
Expensive
Expensive
 11.32 12.05 11.63
+3.48 σ
+2.66 σ
+2.65 σ
 +9.38% 09:30 AM
EWU United Kingdom 15.58
Fair
Overvalued
Overvalued
 13.85 13.50 12.44
+0.54 σ
+1.07 σ
+1.81 σ
 +4.40% 09:30 AM
TUR Turkey 15.00
Expensive
Expensive
Expensive
 7.11 6.56 7.99
+2.54 σ
+5.64 σ
+4.22 σ
 +1.56% 09:30 AM
VNM Vietnam 14.84
Fair
Fair
-
 15.01 16.91 -
-0.08 σ
-0.77 σ
-
 -0.98% 09:30 AM
EWI Italy 14.82
Expensive
Expensive
Expensive
 10.70 11.54 11.20
+2.19 σ
+2.09 σ
+2.23 σ
 +7.33% 09:30 AM
EPOL Poland 14.66
Expensive
Expensive
Expensive
 10.13 11.10 11.48
+2.20 σ
+2.52 σ
+2.57 σ
 +15.08% 09:30 AM
EWD Sweden 14.37
Fair
Undervalued
Fair
 16.04 16.23 14.97
-0.81 σ
-1.20 σ
-0.38 σ
 +3.08% 09:30 AM
EPU Perù 14.31
Fair
Fair
Overvalued
 12.32 12.89 12.41
+0.98 σ
+0.96 σ
+1.36 σ
 +12.68% 09:30 AM
THD Thailand 14.13
Undervalued
Undervalued
Fair
 16.80 17.18 15.97
-1.48 σ
-1.64 σ
-0.80 σ
 +5.67% 09:30 AM
NORW Norway 13.48
Overvalued
Fair
Overvalued
 10.78 12.68 11.67
+1.41 σ
+0.42 σ
+1.08 σ
 +7.97% 09:30 AM
EWM Malaysia 13.45
Undervalued
Undervalued
Undervalued
 14.45 15.03 14.75
-1.25 σ
-1.99 σ
-1.69 σ
 -0.74% 09:30 AM
EWO Austria 13.25
Overvalued
Overvalued
Expensive
 8.68 9.77 9.96
+1.81 σ
+1.77 σ
+2.02 σ
 +14.03% 09:30 AM
EWZ Brazil 12.42
Expensive
Overvalued
Overvalued
 8.24 10.08 10.13
+2.57 σ
+1.21 σ
+1.58 σ
 +6.12% 09:30 AM
ECH Chile 12.31
Fair
Fair
Undervalued
 10.05 13.09 14.48
+0.96 σ
-0.28 σ
-1.20 σ
 +0.14% 09:30 AM
EWW Mexico 12.04
Fair
Undervalued
Undervalued
 12.39 13.46 14.26
-0.46 σ
-1.10 σ
-1.28 σ
 +1.36% 09:30 AM
GREK Greece 11.58
Overvalued
Fair
Fair
 9.34 11.32 10.91
+1.26 σ
+0.13 σ
+0.31 σ
 +16.96% 09:30 AM
COLO Colombia 11.56
Expensive
Fair
Fair
 7.27 9.44 12.26
+2.66 σ
+0.97 σ
-0.25 σ
 +20.32% 09:30 AM
QAT Qatar 10.72
Undervalued
Undervalued
-
 12.31 13.33 -
-1.07 σ
-1.90 σ
-
 -7.94% 09:30 AM
EIDO Indonesia 9.83
Cheap
Cheap
Cheap
 12.41 13.91 13.66
-2.28 σ
-2.68 σ
-3.16 σ
 -15.70% 09:30 AM
FXI China 9.72
Fair
Undervalued
Fair
 9.87 11.11 10.95
-0.19 σ
-1.01 σ
-0.73 σ
 -3.30% 09:30 AM
EZA South Africa 9.09
Fair
Undervalued
Undervalued
 10.69 11.86 11.89
-0.88 σ
-1.42 σ
-1.63 σ
 +1.34% 09:30 AM
EPHE Philippines 8.07
Undervalued
Cheap
Cheap
 11.73 14.40 15.14
-1.68 σ
-2.30 σ
-3.09 σ
 -4.14% 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).