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 28.39
Expensive
Expensive
Expensive
 16.79 15.51 14.32
+3.72 σ
+6.34 σ
+7.50 σ
 +26.86% 09:30 AM
ENZL New Zealand 25.64
Fair
Fair
Fair
 26.77 27.54 21.73
-0.29 σ
-0.48 σ
+0.72 σ
 -2.07% 09:30 AM
VTI United States 24.32
Fair
Overvalued
Expensive
 23.12 20.58 17.06
+0.45 σ
+1.24 σ
+2.31 σ
 +7.12% 09:30 AM
EWL Switzerland 24.28
Overvalued
Expensive
Expensive
 20.31 18.70 16.10
+1.52 σ
+2.67 σ
+3.39 σ
 -3.04% 09:30 AM
INDA India 21.58
Undervalued
Fair
Overvalued
 23.05 21.03 18.19
-1.15 σ
+0.24 σ
+1.16 σ
 -7.33% 09:30 AM
EWA Australia 20.59
Overvalued
Overvalued
Expensive
 17.72 16.86 15.06
+1.06 σ
+1.88 σ
+2.98 σ
 -0.27% 09:30 AM
EWC Canada 19.17
Fair
Overvalued
Expensive
 16.44 15.52 14.54
+0.97 σ
+1.95 σ
+3.41 σ
 +2.03% 09:30 AM
EWN Netherlands 18.98
Overvalued
Fair
Overvalued
 17.40 17.28 14.59
+1.02 σ
+0.87 σ
+1.76 σ
 +3.18% 09:30 AM
EWS Singapore 18.79
Expensive
Expensive
Expensive
 14.05 13.55 13.45
+2.67 σ
+4.39 σ
+5.22 σ
 +4.95% 09:30 AM
EWG Germany 17.77
Overvalued
Expensive
Expensive
 14.59 14.05 12.60
+1.24 σ
+2.09 σ
+3.47 σ
 -3.30% 09:30 AM
EWQ France 17.12
Fair
Fair
Overvalued
 16.66 15.73 13.60
+0.23 σ
+0.78 σ
+1.61 σ
 -8.32% 09:30 AM
EIS Israel 16.75
Overvalued
Expensive
Expensive
 12.29 11.63 11.00
+1.83 σ
+3.48 σ
+3.68 σ
 -3.69% 09:30 AM
EWU United Kingdom 16.60
Fair
Overvalued
Expensive
 13.94 13.50 12.46
+0.82 σ
+1.57 σ
+2.36 σ
 -0.49% 09:30 AM
EDEN Denmark 16.17
Fair
Fair
Fair
 15.79 17.93 16.60
+0.19 σ
-0.66 σ
-0.24 σ
 -2.86% 09:30 AM
EWP Spain 15.94
Expensive
Expensive
Expensive
 11.34 12.08 11.64
+3.39 σ
+2.64 σ
+2.68 σ
 +0.32% 09:30 AM
EIRL Ireland 15.81
Overvalued
Fair
Fair
 14.51 15.52 16.24
+1.52 σ
+0.15 σ
-0.19 σ
 +2.82% 09:30 AM
EWJ Japan 15.35
Fair
Fair
Fair
 15.04 14.64 14.45
+0.19 σ
+0.46 σ
+0.56 σ
 +7.73% 09:30 AM
EWD Sweden 14.81
Fair
Fair
Fair
 15.96 16.22 14.98
-0.56 σ
-0.90 σ
-0.10 σ
 -1.41% 09:30 AM
THD Thailand 14.66
Undervalued
Undervalued
Fair
 16.67 17.15 15.98
-1.14 σ
-1.33 σ
-0.58 σ
 +2.37% 09:30 AM
EWI Italy 14.49
Overvalued
Overvalued
Expensive
 10.74 11.57 11.21
+1.94 σ
+1.84 σ
+2.00 σ
 -3.01% 09:30 AM
EWK Belgium 14.39
Fair
Undervalued
Fair
 15.88 16.76 15.10
-0.59 σ
-1.24 σ
-0.27 σ
 -3.88% 09:30 AM
ARGT Argentina 13.98
Fair
Fair
Overvalued
 13.20 12.87 10.85
+0.35 σ
+0.78 σ
+1.22 σ
 -4.29% 09:30 AM
EWO Austria 13.94
Expensive
Expensive
Expensive
 8.74 9.80 9.97
+2.01 σ
+2.09 σ
+2.43 σ
 +1.42% 09:30 AM
VNM Vietnam 13.67
Fair
Undervalued
-
 14.89 16.92 -
-0.64 σ
-1.21 σ
-
 -7.72% 09:30 AM
EPOL Poland 13.34
Overvalued
Overvalued
Overvalued
 10.14 11.11 11.49
+1.54 σ
+1.56 σ
+1.49 σ
 +10.25% 09:30 AM
EWH Hong Kong 13.14
Undervalued
Cheap
Undervalued
 15.44 15.44 15.27
-1.84 σ
-2.19 σ
-1.99 σ
 -3.05% 09:30 AM
NORW Norway 13.13
Overvalued
Fair
Fair
 10.76 12.67 11.69
+1.26 σ
+0.25 σ
+0.87 σ
 +0.02% 09:30 AM
EWM Malaysia 12.84
Undervalued
Cheap
Cheap
 14.44 15.01 14.74
-1.94 σ
-2.66 σ
-2.48 σ
 -6.18% 09:30 AM
ECH Chile 12.37
Overvalued
Fair
Undervalued
 10.03 13.05 14.45
+1.01 σ
-0.25 σ
-1.15 σ
 -8.13% 09:30 AM
EWW Mexico 12.24
Fair
Fair
Undervalued
 12.35 13.41 14.25
-0.14 σ
-0.93 σ
-1.15 σ
 -5.17% 09:30 AM
GREK Greece 12.20
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.64 σ
+0.45 σ
+0.60 σ
 +6.11% 09:30 AM
TUR Turkey 11.76
Overvalued
Expensive
Expensive
 7.26 6.60 7.99
+1.42 σ
+3.25 σ
+2.25 σ
 -13.16% 09:30 AM
EWZ Brazil 10.97
Overvalued
Fair
Fair
 8.29 10.06 10.14
+1.62 σ
+0.48 σ
+0.58 σ
 +18.74% 09:30 AM
EZA South Africa 10.63
Fair
Fair
Fair
 10.68 11.80 11.88
-0.03 σ
-0.60 σ
-0.72 σ
 -7.59% 09:30 AM
QAT Qatar 10.51
Undervalued
Cheap
-
 12.20 13.29 -
-1.22 σ
-2.01 σ
-
 -13.27% 09:30 AM
COLO Colombia 10.21
Overvalued
Fair
Fair
 7.29 9.43 12.22
+1.77 σ
+0.36 σ
-0.73 σ
 +14.51% 09:30 AM
EWY South Korea 9.77
Fair
Fair
Fair
 10.84 10.40 9.98
-0.57 σ
-0.47 σ
-0.21 σ
 +11.78% 09:30 AM
FXI China 9.46
Fair
Undervalued
Fair
 9.82 11.08 10.94
-0.47 σ
-1.16 σ
-0.87 σ
 -5.22% 09:30 AM
EPU Perù 9.17
Undervalued
Cheap
Cheap
 12.32 12.86 12.41
-1.54 σ
-2.42 σ
-2.30 σ
 +6.27% 09:30 AM
EIDO Indonesia 8.98
Cheap
Cheap
Cheap
 12.32 13.86 13.66
-3.00 σ
-3.18 σ
-3.84 σ
 -18.55% 09:30 AM
EPHE Philippines 7.74
Undervalued
Cheap
Cheap
 11.56 14.31 15.13
-1.83 σ
-2.37 σ
-3.20 σ
 -9.17% 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).