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 28.31
Expensive
Expensive
Expensive
 16.46 15.36 14.24
+4.20 σ
+6.72 σ
+7.77 σ
 +27.09% 09:30 AM
ENZL New Zealand 27.29
Fair
Fair
Overvalued
 26.88 27.50 21.60
+0.11 σ
-0.05 σ
+1.04 σ
 +5.85% 09:30 AM
VTI United States 26.90
Overvalued
Expensive
Expensive
 23.01 20.44 16.95
+1.44 σ
+2.15 σ
+3.24 σ
 +7.96% 09:30 AM
EWL Switzerland 25.62
Expensive
Expensive
Expensive
 20.13 18.57 16.02
+2.17 σ
+3.52 σ
+4.10 σ
 +4.55% 09:30 AM
INDA India 22.50
Fair
Fair
Overvalued
 23.13 20.95 18.14
-0.49 σ
+0.65 σ
+1.50 σ
 -1.73% 09:30 AM
EWA Australia 20.95
Overvalued
Expensive
Expensive
 17.56 16.79 14.99
+1.28 σ
+2.16 σ
+3.30 σ
 +5.67% 09:30 AM
EWN Netherlands 20.65
Overvalued
Overvalued
Expensive
 17.47 17.18 14.52
+1.90 σ
+1.77 σ
+2.49 σ
 +9.83% 09:30 AM
EWC Canada 20.64
Overvalued
Expensive
Expensive
 16.25 15.47 14.50
+1.59 σ
+2.87 σ
+4.73 σ
 +9.55% 09:30 AM
EWS Singapore 19.25
Expensive
Expensive
Expensive
 13.92 13.47 13.43
+3.21 σ
+5.09 σ
+5.84 σ
 +15.26% 09:30 AM
EWJ Japan 18.56
Expensive
Expensive
Expensive
 14.93 14.55 14.44
+2.35 σ
+2.67 σ
+2.58 σ
 +6.76% 09:30 AM
EWH Hong Kong 18.04
Expensive
Expensive
Expensive
 15.48 15.44 15.28
+2.15 σ
+2.57 σ
+2.63 σ
 +1.20% 09:30 AM
EWQ France 17.97
Fair
Overvalued
Expensive
 16.64 15.67 13.54
+0.66 σ
+1.29 σ
+2.04 σ
 +3.55% 09:30 AM
EWG Germany 17.86
Overvalued
Expensive
Expensive
 14.46 13.95 12.56
+1.38 σ
+2.29 σ
+3.68 σ
 +4.41% 09:30 AM
EIS Israel 17.05
Expensive
Expensive
Expensive
 12.11 11.54 10.99
+2.21 σ
+3.91 σ
+3.92 σ
 +1.43% 09:30 AM
EWY South Korea 17.01
Expensive
Expensive
Expensive
 10.71 10.36 9.97
+3.83 σ
+5.20 σ
+6.94 σ
 +24.75% 09:30 AM
EDEN Denmark 16.92
Fair
Fair
Fair
 15.95 17.97 16.58
+0.45 σ
-0.39 σ
+0.18 σ
 +5.44% 09:30 AM
EIRL Ireland 16.05
Overvalued
Fair
Fair
 14.57 15.53 16.21
+1.53 σ
+0.27 σ
-0.07 σ
 +11.24% 09:30 AM
EWP Spain 15.94
Expensive
Expensive
Expensive
 11.30 12.03 11.62
+3.65 σ
+2.80 σ
+2.74 σ
 +10.99% 09:30 AM
EWK Belgium 15.81
Fair
Fair
Fair
 16.04 16.85 15.06
-0.09 σ
-0.54 σ
+0.29 σ
 +6.38% 09:30 AM
ARGT Argentina 15.71
Overvalued
Expensive
Overvalued
 13.09 12.79 10.86
+1.21 σ
+2.08 σ
+1.87 σ
 -0.07% 09:30 AM
EWU United Kingdom 15.69
Fair
Overvalued
Overvalued
 13.77 13.50 12.42
+0.59 σ
+1.12 σ
+1.90 σ
 +5.70% 09:30 AM
TUR Turkey 15.29
Expensive
Expensive
Expensive
 6.92 6.52 7.98
+2.84 σ
+6.32 σ
+4.43 σ
 +4.34% 09:30 AM
EWI Italy 15.17
Expensive
Expensive
Expensive
 10.66 11.52 11.19
+2.45 σ
+2.36 σ
+2.47 σ
 +10.70% 09:30 AM
EPOL Poland 14.66
Expensive
Expensive
Expensive
 10.11 11.08 11.47
+2.23 σ
+2.55 σ
+2.59 σ
 +16.46% 09:30 AM
EWD Sweden 14.47
Fair
Undervalued
Fair
 16.13 16.24 14.96
-0.80 σ
-1.15 σ
-0.31 σ
 +4.28% 09:30 AM
THD Thailand 14.41
Undervalued
Undervalued
Fair
 16.94 17.25 15.96
-1.37 σ
-1.50 σ
-0.67 σ
 +8.71% 09:30 AM
VNM Vietnam 14.14
Fair
Fair
-
 15.09 16.87 -
-0.46 σ
-1.00 σ
-
 -5.48% 09:30 AM
EPU Perù 14.05
Fair
Fair
Overvalued
 12.23 12.88 12.38
+0.88 σ
+0.79 σ
+1.18 σ
 +12.50% 09:30 AM
EWM Malaysia 13.61
Undervalued
Undervalued
Undervalued
 14.44 15.06 14.74
-1.04 σ
-1.84 σ
-1.47 σ
 +0.81% 09:30 AM
NORW Norway 13.23
Overvalued
Fair
Fair
 10.79 12.68 11.66
+1.26 σ
+0.29 σ
+0.94 σ
 +7.14% 09:30 AM
EWO Austria 13.05
Overvalued
Overvalued
Overvalued
 8.61 9.74 9.96
+1.82 σ
+1.72 σ
+1.91 σ
 +14.00% 09:30 AM
ECH Chile 12.20
Fair
Fair
Undervalued
 10.07 13.12 14.51
+0.91 σ
-0.33 σ
-1.27 σ
 -0.11% 09:30 AM
EWW Mexico 11.93
Fair
Undervalued
Undervalued
 12.43 13.50 14.27
-0.63 σ
-1.20 σ
-1.35 σ
 +0.99% 09:30 AM
COLO Colombia 11.55
Expensive
Fair
Fair
 7.24 9.44 12.29
+2.75 σ
+0.97 σ
-0.27 σ
 +21.91% 09:30 AM
GREK Greece 11.42
Overvalued
Fair
Fair
 9.34 11.33 10.91
+1.17 σ
+0.05 σ
+0.23 σ
 +16.94% 09:30 AM
EWZ Brazil 11.13
Overvalued
Fair
Fair
 8.16 10.08 10.11
+1.93 σ
+0.54 σ
+0.71 σ
 -4.46% 09:30 AM
QAT Qatar 10.62
Undervalued
Cheap
-
 12.43 13.34 -
-1.14 σ
-2.02 σ
-
 -8.92% 09:30 AM
FXI China 9.75
Fair
Undervalued
Fair
 9.91 11.13 10.97
-0.19 σ
-1.00 σ
-0.72 σ
 -3.50% 09:30 AM
EIDO Indonesia 9.46
Cheap
Cheap
Cheap
 12.48 13.96 13.66
-2.65 σ
-2.97 σ
-3.46 σ
 -20.21% 09:30 AM
EZA South Africa 9.16
Fair
Undervalued
Undervalued
 10.70 11.92 11.90
-0.85 σ
-1.41 σ
-1.60 σ
 +2.43% 09:30 AM
EPHE Philippines 8.40
Undervalued
Cheap
Cheap
 11.90 14.49 15.15
-1.54 σ
-2.23 σ
-2.98 σ
 -0.12% 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).