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 29.37
Expensive
Expensive
Expensive
 16.46 15.36 14.24
+4.57 σ
+7.27 σ
+8.35 σ
 +29.92% 28 Aug
ENZL New Zealand 27.00
Fair
Fair
Fair
 26.88 27.50 21.60
+0.03 σ
-0.13 σ
+0.98 σ
 +4.55% 28 Aug
EWL Switzerland 25.44
Expensive
Expensive
Expensive
 20.13 18.57 16.02
+2.10 σ
+3.43 σ
+4.02 σ
 +3.40% 28 Aug
VTI United States 24.78
Fair
Overvalued
Expensive
 23.01 20.44 16.95
+0.66 σ
+1.45 σ
+2.55 σ
 +8.35% 28 Aug
INDA India 22.50
Fair
Fair
Overvalued
 23.13 20.95 18.14
-0.50 σ
+0.65 σ
+1.50 σ
 -1.97% 28 Aug
EWA Australia 21.12
Overvalued
Expensive
Expensive
 17.56 16.79 14.99
+1.35 σ
+2.25 σ
+3.40 σ
 +6.14% 28 Aug
EWC Canada 20.63
Overvalued
Expensive
Expensive
 16.25 15.47 14.50
+1.59 σ
+2.87 σ
+4.73 σ
 +8.80% 28 Aug
EWN Netherlands 20.50
Overvalued
Overvalued
Expensive
 17.47 17.18 14.52
+1.81 σ
+1.69 σ
+2.43 σ
 +8.48% 28 Aug
EWS Singapore 19.44
Expensive
Expensive
Expensive
 13.92 13.47 13.43
+3.33 σ
+5.26 σ
+6.03 σ
 +15.75% 28 Aug
EWJ Japan 18.88
Expensive
Expensive
Expensive
 14.93 14.55 14.44
+2.55 σ
+2.88 σ
+2.78 σ
 +8.14% 28 Aug
EWG Germany 18.13
Overvalued
Expensive
Expensive
 14.46 13.95 12.56
+1.49 σ
+2.45 σ
+3.87 σ
 +5.74% 28 Aug
EWH Hong Kong 18.04
Expensive
Expensive
Expensive
 15.48 15.44 15.28
+2.15 σ
+2.57 σ
+2.63 σ
 +1.05% 28 Aug
EWQ France 17.70
Fair
Overvalued
Overvalued
 16.64 15.67 13.54
+0.53 σ
+1.14 σ
+1.91 σ
 +1.79% 28 Aug
EIS Israel 17.29
Expensive
Expensive
Expensive
 12.11 11.54 10.99
+2.32 σ
+4.08 σ
+4.08 σ
 +2.34% 28 Aug
EWY South Korea 17.21
Expensive
Expensive
Expensive
 10.71 10.36 9.97
+3.95 σ
+5.36 σ
+7.14 σ
 +24.04% 28 Aug
EDEN Denmark 17.05
Fair
Fair
Fair
 15.95 17.97 16.58
+0.51 σ
-0.34 σ
+0.26 σ
 +5.42% 28 Aug
EIRL Ireland 16.08
Overvalued
Fair
Fair
 14.57 15.53 16.21
+1.56 σ
+0.29 σ
-0.06 σ
 +10.76% 28 Aug
EWK Belgium 16.05
Fair
Fair
Fair
 16.04 16.85 15.06
+0.00 σ
-0.42 σ
+0.38 σ
 +7.45% 28 Aug
ARGT Argentina 15.97
Overvalued
Expensive
Overvalued
 13.09 12.79 10.86
+1.34 σ
+2.28 σ
+1.97 σ
 +1.57% 28 Aug
EWP Spain 15.96
Expensive
Expensive
Expensive
 11.30 12.03 11.62
+3.66 σ
+2.81 σ
+2.75 σ
 +10.41% 28 Aug
EWU United Kingdom 15.69
Fair
Overvalued
Overvalued
 13.77 13.50 12.42
+0.60 σ
+1.12 σ
+1.90 σ
 +5.29% 28 Aug
TUR Turkey 15.50
Expensive
Expensive
Expensive
 6.92 6.52 7.98
+2.91 σ
+6.47 σ
+4.56 σ
 +5.24% 28 Aug
EWI Italy 15.03
Expensive
Expensive
Expensive
 10.66 11.52 11.19
+2.37 σ
+2.26 σ
+2.38 σ
 +9.04% 28 Aug
VNM Vietnam 14.96
Fair
Fair
-
 15.09 16.87 -
-0.06 σ
-0.70 σ
-
 -0.15% 28 Aug
EWD Sweden 14.68
Fair
Undervalued
Fair
 16.13 16.24 14.96
-0.70 σ
-1.01 σ
-0.18 σ
 +5.41% 28 Aug
EPOL Poland 14.43
Expensive
Expensive
Expensive
 10.11 11.08 11.47
+2.12 σ
+2.39 σ
+2.41 σ
 +13.74% 28 Aug
EPU Perù 14.28
Fair
Fair
Overvalued
 12.23 12.88 12.38
+1.00 σ
+0.95 σ
+1.34 σ
 +13.02% 28 Aug
THD Thailand 14.17
Undervalued
Undervalued
Fair
 16.94 17.25 15.96
-1.51 σ
-1.63 σ
-0.78 σ
 +6.24% 28 Aug
EWM Malaysia 13.58
Undervalued
Undervalued
Undervalued
 14.44 15.06 14.74
-1.08 σ
-1.88 σ
-1.51 σ
 +0.29% 28 Aug
NORW Norway 13.39
Overvalued
Fair
Overvalued
 10.79 12.68 11.66
+1.34 σ
+0.37 σ
+1.03 σ
 +7.60% 28 Aug
EWO Austria 13.26
Overvalued
Overvalued
Expensive
 8.61 9.74 9.96
+1.90 σ
+1.83 σ
+2.04 σ
 +14.69% 28 Aug
ECH Chile 12.30
Fair
Fair
Undervalued
 10.07 13.12 14.51
+0.95 σ
-0.30 σ
-1.22 σ
 +0.25% 28 Aug
EWW Mexico 12.09
Fair
Undervalued
Undervalued
 12.43 13.50 14.27
-0.44 σ
-1.08 σ
-1.27 σ
 +1.87% 28 Aug
GREK Greece 11.71
Overvalued
Fair
Fair
 9.34 11.33 10.91
+1.33 σ
+0.19 σ
+0.37 σ
 +18.74% 28 Aug
EWZ Brazil 11.59
Expensive
Fair
Overvalued
 8.16 10.08 10.11
+2.22 σ
+0.77 σ
+1.02 σ
 -0.81% 28 Aug
COLO Colombia 11.40
Expensive
Fair
Fair
 7.24 9.44 12.29
+2.65 σ
+0.90 σ
-0.32 σ
 +19.14% 28 Aug
QAT Qatar 10.83
Undervalued
Undervalued
-
 12.43 13.34 -
-1.01 σ
-1.87 σ
-
 -7.22% 28 Aug
FXI China 9.71
Fair
Undervalued
Fair
 9.91 11.13 10.97
-0.25 σ
-1.03 σ
-0.74 σ
 -3.59% 28 Aug
EIDO Indonesia 9.57
Cheap
Cheap
Cheap
 12.48 13.96 13.66
-2.55 σ
-2.90 σ
-3.37 σ
 -18.34% 28 Aug
EZA South Africa 9.19
Fair
Undervalued
Undervalued
 10.70 11.92 11.90
-0.84 σ
-1.39 σ
-1.58 σ
 +2.46% 28 Aug
EPHE Philippines 7.93
Undervalued
Cheap
Cheap
 11.90 14.49 15.15
-1.74 σ
-2.40 σ
-3.18 σ
 -5.73% 28 Aug
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).