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 26.52
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.42 σ
+2.15 σ
+3.24 σ
 +8.98% 09:30 AM
EWT Taiwan 26.44
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+3.97 σ
+6.04 σ
+6.99 σ
 +49.13% 09:30 AM
ENZL New Zealand 25.41
Fair
Fair
Fair
 26.97 27.44 21.47
-0.40 σ
-0.51 σ
+0.71 σ
 -1.48% 09:30 AM
INDA India 23.55
Fair
Overvalued
Overvalued
 23.10 20.83 18.05
+0.35 σ
+1.13 σ
+1.91 σ
 -3.72% 09:30 AM
EWL Switzerland 22.84
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.17 σ
+2.31 σ
+3.02 σ
 +3.30% 09:30 AM
EWY South Korea 22.46
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+9.08 σ
+10.18 σ
+12.66 σ
 +78.75% 09:30 AM
EWA Australia 20.41
Overvalued
Overvalued
Expensive
 17.40 16.69 14.92
+1.17 σ
+2.00 σ
+3.14 σ
 +3.12% 09:30 AM
EWN Netherlands 19.89
Overvalued
Overvalued
Expensive
 17.57 17.07 14.43
+1.22 σ
+1.46 σ
+2.25 σ
 +16.95% 09:30 AM
EWJ Japan 19.55
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+3.18 σ
+3.49 σ
+3.26 σ
 +12.47% 09:30 AM
EWC Canada 18.94
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.08 σ
+2.05 σ
+3.55 σ
 +6.26% 09:30 AM
EWK Belgium 18.23
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.81 σ
+0.70 σ
+1.24 σ
 +6.59% 09:30 AM
EWQ France 17.70
Fair
Overvalued
Overvalued
 16.60 15.57 13.48
+0.56 σ
+1.21 σ
+1.98 σ
 +2.15% 09:30 AM
TUR Turkey 17.49
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+4.25 σ
+8.57 σ
+5.86 σ
 +9.31% 09:30 AM
EWH Hong Kong 17.46
Overvalued
Expensive
Expensive
 15.47 15.38 15.25
+1.70 σ
+2.13 σ
+2.15 σ
 -5.65% 09:30 AM
EIS Israel 17.44
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.66 σ
+4.41 σ
+4.23 σ
 +6.79% 09:30 AM
EWG Germany 17.44
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.31 σ
+2.20 σ
+3.52 σ
 -0.79% 09:30 AM
EWU United Kingdom 17.44
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.25 σ
+2.13 σ
+3.01 σ
 +1.53% 09:30 AM
VNM Vietnam 17.05
Fair
Fair
-
 15.24 16.78 -
+0.82 σ
+0.10 σ
-
 +0.28% 09:30 AM
EWS Singapore 16.38
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.64 σ
+2.75 σ
+3.07 σ
 +4.58% 09:30 AM
THD Thailand 15.98
Fair
Fair
Fair
 17.14 17.36 15.92
-0.59 σ
-0.71 σ
+0.03 σ
 +11.50% 09:30 AM
NORW Norway 15.45
Expensive
Overvalued
Expensive
 10.79 12.67 11.62
+2.42 σ
+1.48 σ
+2.32 σ
 +5.60% 09:30 AM
ARGT Argentina 15.37
Overvalued
Overvalued
Overvalued
 12.94 12.69 10.78
+1.14 σ
+1.93 σ
+1.78 σ
 +9.73% 09:30 AM
EDEN Denmark 15.37
Fair
Fair
Fair
 16.14 18.03 16.56
-0.33 σ
-1.00 σ
-0.65 σ
 -4.25% 09:30 AM
EWP Spain 15.17
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+3.12 σ
+2.40 σ
+2.31 σ
 +10.14% 09:30 AM
EWD Sweden 15.17
Fair
Fair
Fair
 16.26 16.21 14.92
-0.51 σ
-0.67 σ
+0.16 σ
 +0.67% 09:30 AM
EIRL Ireland 14.91
Fair
Fair
Fair
 14.72 15.52 16.18
+0.14 σ
-0.33 σ
-0.53 σ
 +7.93% 09:30 AM
EPU Perù 14.89
Overvalued
Overvalued
Overvalued
 12.14 12.85 12.33
+1.36 σ
+1.39 σ
+1.79 σ
 +16.14% 09:30 AM
EWO Austria 14.68
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.85 σ
+2.68 σ
+2.95 σ
 +21.17% 09:30 AM
EWM Malaysia 14.62
Fair
Fair
Fair
 14.44 15.09 14.73
+0.23 σ
-0.60 σ
-0.14 σ
 -0.55% 09:30 AM
EWI Italy 14.36
Expensive
Overvalued
Overvalued
 10.62 11.48 11.17
+2.09 σ
+1.90 σ
+2.00 σ
 +10.64% 09:30 AM
ECH Chile 13.08
Overvalued
Fair
Fair
 10.11 13.15 14.54
+1.23 σ
-0.02 σ
-0.81 σ
 +4.08% 09:30 AM
EWW Mexico 12.85
Fair
Fair
Fair
 12.50 13.59 14.26
+0.41 σ
-0.54 σ
-0.82 σ
 +6.79% 09:30 AM
EWZ Brazil 12.58
Expensive
Overvalued
Overvalued
 8.05 10.06 10.06
+3.25 σ
+1.31 σ
+1.73 σ
 -2.82% 09:30 AM
EPOL Poland 12.33
Overvalued
Fair
Fair
 10.13 11.06 11.45
+1.07 σ
+0.92 σ
+0.71 σ
 +10.18% 09:30 AM
COLO Colombia 12.10
Expensive
Overvalued
Fair
 7.21 9.44 12.34
+3.21 σ
+1.22 σ
-0.08 σ
 +16.28% 09:30 AM
GREK Greece 11.50
Overvalued
Fair
Fair
 9.37 11.34 10.92
+1.17 σ
+0.09 σ
+0.27 σ
 +13.63% 09:30 AM
QAT Qatar 11.29
Fair
Undervalued
-
 12.67 13.37 -
-0.78 σ
-1.58 σ
-
 -3.69% 09:30 AM
EIDO Indonesia 10.12
Cheap
Cheap
Cheap
 12.66 14.06 13.66
-2.09 σ
-2.65 σ
-2.92 σ
 -26.47% 09:30 AM
EZA South Africa 9.91
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.45 σ
-1.08 σ
-1.17 σ
 -3.07% 09:30 AM
FXI China 9.51
Fair
Undervalued
Fair
 10.03 11.16 10.98
-0.56 σ
-1.22 σ
-0.88 σ
 -13.05% 09:30 AM
EPHE Philippines 8.67
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.46 σ
-2.23 σ
-2.89 σ
 +0.86% 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).