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 28.59
Fair
Fair
Overvalued
 26.98 27.41 21.39
+0.42 σ
+0.29 σ
+1.30 σ
 +1.06% 06 May
EWT Taiwan 25.87
Expensive
Expensive
Expensive
 16.11 15.15 14.13
+3.94 σ
+5.85 σ
+6.81 σ
 +40.43% 06 May
VTI United States 25.85
Overvalued
Overvalued
Expensive
 22.71 20.15 16.80
+1.23 σ
+1.98 σ
+3.08 σ
 +9.18% 06 May
EWL Switzerland 22.93
Overvalued
Expensive
Expensive
 19.89 18.37 15.90
+1.27 σ
+2.45 σ
+3.11 σ
 +7.15% 06 May
INDA India 21.62
Undervalued
Fair
Overvalued
 23.07 20.77 18.01
-1.14 σ
+0.35 σ
+1.26 σ
 -4.26% 06 May
EWY South Korea 20.97
Expensive
Expensive
Expensive
 10.49 10.27 9.93
+8.49 σ
+9.26 σ
+11.31 σ
 +73.71% 06 May
EWA Australia 20.71
Overvalued
Expensive
Expensive
 17.33 16.64 14.90
+1.34 σ
+2.23 σ
+3.39 σ
 +9.91% 06 May
EWC Canada 19.42
Overvalued
Expensive
Expensive
 15.99 15.38 14.44
+1.32 σ
+2.42 σ
+4.00 σ
 +10.34% 06 May
EIS Israel 18.77
Expensive
Expensive
Expensive
 11.95 11.42 10.98
+3.38 σ
+5.51 σ
+5.10 σ
 +25.01% 06 May
EWK Belgium 18.65
Fair
Fair
Overvalued
 16.11 16.88 14.95
+0.96 σ
+0.91 σ
+1.41 σ
 +10.03% 06 May
EWN Netherlands 18.50
Fair
Fair
Overvalued
 17.66 17.02 14.40
+0.40 σ
+0.77 σ
+1.70 σ
 +12.86% 06 May
EWH Hong Kong 18.45
Expensive
Expensive
Expensive
 15.47 15.34 15.24
+2.54 σ
+3.22 σ
+3.14 σ
 +9.65% 06 May
EWQ France 18.07
Fair
Overvalued
Expensive
 16.58 15.52 13.45
+0.76 σ
+1.46 σ
+2.19 σ
 +5.02% 06 May
EWU United Kingdom 17.79
Overvalued
Expensive
Expensive
 13.44 13.41 12.35
+1.43 σ
+2.39 σ
+3.26 σ
 +7.94% 06 May
EWJ Japan 17.75
Expensive
Expensive
Expensive
 14.84 14.40 14.43
+2.03 σ
+2.32 σ
+2.11 σ
 +10.01% 06 May
EWG Germany 17.50
Overvalued
Expensive
Expensive
 14.26 13.78 12.49
+1.41 σ
+2.34 σ
+3.64 σ
 +3.90% 06 May
NORW Norway 17.42
Expensive
Expensive
Expensive
 10.79 12.66 11.61
+3.44 σ
+2.56 σ
+3.56 σ
 +20.24% 06 May
EWD Sweden 17.28
Fair
Fair
Overvalued
 16.33 16.19 14.90
+0.43 σ
+0.69 σ
+1.49 σ
 +7.07% 06 May
TUR Turkey 16.28
Expensive
Expensive
Expensive
 6.38 6.45 7.94
+4.19 σ
+7.83 σ
+5.13 σ
 +18.87% 06 May
VNM Vietnam 16.15
Fair
Fair
-
 15.32 16.73 -
+0.36 σ
-0.20 σ
-
 +8.04% 06 May
EWS Singapore 15.97
Overvalued
Expensive
Expensive
 13.77 13.36 13.39
+1.44 σ
+2.44 σ
+2.68 σ
 +3.27% 06 May
ARGT Argentina 15.96
Overvalued
Expensive
Expensive
 12.85 12.63 10.73
+1.51 σ
+2.46 σ
+2.04 σ
 +8.33% 06 May
EWM Malaysia 15.93
Overvalued
Overvalued
Overvalued
 14.43 15.09 14.73
+1.86 σ
+1.11 σ
+1.53 σ
 +12.02% 06 May
THD Thailand 15.93
Fair
Fair
Fair
 17.23 17.41 15.89
-0.64 σ
-0.74 σ
+0.02 σ
 +15.35% 06 May
EDEN Denmark 15.75
Fair
Fair
Fair
 16.28 18.06 16.55
-0.21 σ
-0.87 σ
-0.44 σ
 +1.91% 06 May
EWO Austria 14.92
Expensive
Expensive
Expensive
 8.41 9.65 9.95
+3.13 σ
+2.85 σ
+3.09 σ
 +18.11% 06 May
EWP Spain 14.62
Expensive
Expensive
Overvalued
 11.29 11.94 11.58
+2.67 σ
+2.06 σ
+1.98 σ
 +10.70% 06 May
EPU Perù 14.31
Overvalued
Overvalued
Overvalued
 12.13 12.84 12.31
+1.09 σ
+1.00 σ
+1.40 σ
 +16.54% 06 May
EWW Mexico 14.21
Overvalued
Fair
Fair
 12.53 13.63 14.27
+1.87 σ
+0.41 σ
-0.03 σ
 +13.36% 06 May
EWI Italy 14.01
Overvalued
Overvalued
Overvalued
 10.61 11.46 11.17
+1.92 σ
+1.69 σ
+1.79 σ
 +11.77% 06 May
EIRL Ireland 13.93
Fair
Fair
Fair
 14.83 15.54 16.17
-0.57 σ
-0.86 σ
-0.92 σ
 +7.51% 06 May
ECH Chile 13.55
Overvalued
Fair
Fair
 10.12 13.15 14.55
+1.41 σ
+0.14 σ
-0.55 σ
 +10.82% 06 May
EWZ Brazil 12.80
Expensive
Overvalued
Overvalued
 8.01 10.05 10.04
+3.57 σ
+1.44 σ
+1.89 σ
 +19.18% 06 May
EPOL Poland 12.51
Overvalued
Overvalued
Fair
 10.13 11.05 11.45
+1.15 σ
+1.06 σ
+0.86 σ
 +14.80% 06 May
QAT Qatar 10.91
Fair
Undervalued
-
 12.78 13.38 -
-1.00 σ
-1.88 σ
-
 -1.43% 06 May
EIDO Indonesia 10.89
Undervalued
Cheap
Cheap
 12.74 14.10 13.67
-1.51 σ
-2.20 σ
-2.31 σ
 -14.13% 06 May
COLO Colombia 10.87
Expensive
Fair
Fair
 7.21 9.45 12.35
+2.41 σ
+0.65 σ
-0.52 σ
 +4.52% 06 May
GREK Greece 10.46
Fair
Fair
Fair
 9.40 11.35 10.93
+0.57 σ
-0.45 σ
-0.22 σ
 +9.41% 06 May
FXI China 10.10
Fair
Fair
Fair
 10.10 11.17 11.00
-0.00 σ
-0.80 σ
-0.54 σ
 -3.01% 06 May
EZA South Africa 9.83
Fair
Undervalued
Undervalued
 10.73 12.08 11.91
-0.50 σ
-1.14 σ
-1.23 σ
 +7.84% 06 May
EPHE Philippines 8.77
Undervalued
Cheap
Cheap
 12.38 14.76 15.18
-1.47 σ
-2.24 σ
-2.88 σ
 -1.70% 06 May
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).