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 26.39
Expensive
Expensive
Expensive
 16.79 15.51 14.32
+3.08 σ
+5.35 σ
+6.43 σ
 +16.36% 09:30 AM
ENZL New Zealand 25.79
Fair
Fair
Fair
 26.77 27.54 21.73
-0.25 σ
-0.44 σ
+0.75 σ
 -1.44% 09:30 AM
EWL Switzerland 25.29
Overvalued
Expensive
Expensive
 20.31 18.70 16.10
+1.90 σ
+3.14 σ
+3.81 σ
 +0.94% 09:30 AM
VTI United States 23.82
Fair
Overvalued
Expensive
 23.12 20.58 17.06
+0.26 σ
+1.08 σ
+2.15 σ
 +4.64% 09:30 AM
INDA India 22.36
Fair
Fair
Overvalued
 23.05 21.03 18.19
-0.54 σ
+0.57 σ
+1.42 σ
 -3.67% 09:30 AM
EWA Australia 20.68
Overvalued
Overvalued
Expensive
 17.72 16.86 15.06
+1.10 σ
+1.92 σ
+3.03 σ
 -0.02% 09:30 AM
EWC Canada 19.67
Overvalued
Expensive
Expensive
 16.44 15.52 14.54
+1.15 σ
+2.21 σ
+3.78 σ
 +4.46% 09:30 AM
EWS Singapore 18.64
Expensive
Expensive
Expensive
 14.05 13.55 13.45
+2.59 σ
+4.27 σ
+5.07 σ
 +3.78% 09:30 AM
EWN Netherlands 18.48
Fair
Fair
Overvalued
 17.40 17.28 14.59
+0.70 σ
+0.61 σ
+1.56 σ
 +0.14% 09:30 AM
EWG Germany 18.02
Overvalued
Expensive
Expensive
 14.59 14.05 12.60
+1.35 σ
+2.23 σ
+3.64 σ
 -1.81% 09:30 AM
EWQ France 17.36
Fair
Fair
Overvalued
 16.66 15.73 13.60
+0.35 σ
+0.92 σ
+1.72 σ
 -6.86% 09:30 AM
EWU United Kingdom 17.14
Fair
Overvalued
Expensive
 13.94 13.50 12.46
+0.99 σ
+1.85 σ
+2.66 σ
 +2.55% 09:30 AM
EIS Israel 16.88
Overvalued
Expensive
Expensive
 12.29 11.63 11.00
+1.88 σ
+3.56 σ
+3.75 σ
 -3.13% 09:30 AM
EDEN Denmark 16.42
Fair
Fair
Fair
 15.79 17.93 16.60
+0.31 σ
-0.56 σ
-0.10 σ
 -1.21% 09:30 AM
EWP Spain 16.05
Expensive
Expensive
Expensive
 11.34 12.08 11.64
+3.47 σ
+2.72 σ
+2.75 σ
 +0.81% 09:30 AM
EIRL Ireland 16.04
Overvalued
Fair
Fair
 14.51 15.52 16.24
+1.80 σ
+0.28 σ
-0.09 σ
 +4.15% 09:30 AM
EWD Sweden 14.96
Fair
Fair
Fair
 15.96 16.22 14.98
-0.49 σ
-0.80 σ
-0.01 σ
 -0.47% 09:30 AM
EWJ Japan 14.88
Fair
Fair
Fair
 15.04 14.64 14.45
-0.09 σ
+0.15 σ
+0.27 σ
 +3.99% 09:30 AM
THD Thailand 14.71
Undervalued
Undervalued
Fair
 16.67 17.15 15.98
-1.11 σ
-1.30 σ
-0.56 σ
 +2.33% 09:30 AM
EWK Belgium 14.61
Fair
Undervalued
Fair
 15.88 16.76 15.10
-0.50 σ
-1.13 σ
-0.19 σ
 -2.53% 09:30 AM
EWI Italy 14.52
Overvalued
Overvalued
Expensive
 10.74 11.57 11.21
+1.96 σ
+1.86 σ
+2.02 σ
 -2.89% 09:30 AM
ARGT Argentina 13.89
Fair
Fair
Overvalued
 13.20 12.87 10.85
+0.31 σ
+0.72 σ
+1.18 σ
 -4.76% 09:30 AM
EWO Austria 13.88
Overvalued
Expensive
Expensive
 8.74 9.80 9.97
+1.98 σ
+2.06 σ
+2.39 σ
 +0.62% 09:30 AM
EPOL Poland 13.56
Overvalued
Overvalued
Overvalued
 10.14 11.11 11.49
+1.65 σ
+1.72 σ
+1.67 σ
 +11.49% 09:30 AM
NORW Norway 13.55
Overvalued
Fair
Overvalued
 10.76 12.67 11.69
+1.48 σ
+0.47 σ
+1.12 σ
 +2.77% 09:30 AM
VNM Vietnam 13.45
Fair
Undervalued
-
 14.89 16.92 -
-0.75 σ
-1.29 σ
-
 -8.89% 09:30 AM
EWH Hong Kong 13.15
Undervalued
Cheap
Undervalued
 15.44 15.44 15.27
-1.83 σ
-2.18 σ
-1.98 σ
 -3.03% 09:30 AM
EWM Malaysia 12.77
Cheap
Cheap
Cheap
 14.44 15.01 14.74
-2.03 σ
-2.75 σ
-2.57 σ
 -6.66% 09:30 AM
EWW Mexico 12.75
Fair
Fair
Fair
 12.35 13.41 14.25
+0.55 σ
-0.52 σ
-0.86 σ
 -1.32% 09:30 AM
GREK Greece 12.34
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.73 σ
+0.53 σ
+0.67 σ
 +6.96% 09:30 AM
ECH Chile 12.17
Fair
Fair
Undervalued
 10.03 13.05 14.45
+0.92 σ
-0.32 σ
-1.26 σ
 -9.43% 09:30 AM
TUR Turkey 11.20
Overvalued
Expensive
Overvalued
 7.26 6.60 7.99
+1.24 σ
+2.89 σ
+1.92 σ
 -17.25% 09:30 AM
EZA South Africa 10.89
Fair
Fair
Fair
 10.68 11.80 11.88
+0.11 σ
-0.47 σ
-0.58 σ
 -5.18% 09:30 AM
EWZ Brazil 10.54
Overvalued
Fair
Fair
 8.29 10.06 10.14
+1.36 σ
+0.25 σ
+0.28 σ
 +13.21% 09:30 AM
COLO Colombia 10.39
Overvalued
Fair
Fair
 7.29 9.43 12.22
+1.89 σ
+0.44 σ
-0.67 σ
 +15.81% 09:30 AM
QAT Qatar 10.26
Undervalued
Cheap
-
 12.20 13.29 -
-1.40 σ
-2.19 σ
-
 -14.95% 09:30 AM
FXI China 9.35
Fair
Undervalued
Fair
 9.82 11.08 10.94
-0.61 σ
-1.24 σ
-0.94 σ
 -6.00% 09:30 AM
EPU Perù 9.06
Undervalued
Cheap
Cheap
 12.32 12.86 12.41
-1.59 σ
-2.49 σ
-2.38 σ
 +4.46% 09:30 AM
EWY South Korea 8.30
Undervalued
Undervalued
Undervalued
 10.84 10.40 9.98
-1.35 σ
-1.59 σ
-1.64 σ
 -6.03% 09:30 AM
EPHE Philippines 7.78
Undervalued
Cheap
Cheap
 11.56 14.31 15.13
-1.80 σ
-2.35 σ
-3.18 σ
 -8.40% 09:30 AM
EIDO Indonesia 7.49
Cheap
Cheap
Cheap
 12.32 13.86 13.66
-4.33 σ
-4.15 σ
-5.06 σ
 -31.23% 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).