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 29.73
Fair
Fair
Overvalued
 27.14 27.32 21.25
+0.65 σ
+0.59 σ
+1.54 σ
 +0.58% 03:42 PM
VTI United States 26.62
Overvalued
Expensive
Expensive
 22.55 19.97 16.71
+1.65 σ
+2.37 σ
+3.47 σ
 +3.99% 03:59 PM
EWL Switzerland 23.31
Overvalued
Expensive
Expensive
 19.71 18.24 15.83
+1.56 σ
+2.85 σ
+3.41 σ
 +8.88% 03:59 PM
INDA India 22.43
Fair
Fair
Overvalued
 23.10 20.73 18.02
-0.54 σ
+0.70 σ
+1.55 σ
 -6.37% 03:59 PM
EWA Australia 22.37
Expensive
Expensive
Expensive
 17.19 16.53 14.85
+2.13 σ
+3.33 σ
+4.55 σ
 +8.63% 03:59 PM
EWT Taiwan 21.57
Expensive
Expensive
Expensive
 16.01 15.02 14.05
+2.39 σ
+3.68 σ
+4.49 σ
 +13.64% 03:59 PM
EWC Canada 20.85
Expensive
Expensive
Expensive
 15.82 15.30 14.41
+2.02 σ
+3.56 σ
+5.32 σ
 +13.48% 03:59 PM
EWU United Kingdom 20.27
Expensive
Expensive
Expensive
 13.24 13.38 12.32
+2.46 σ
+3.90 σ
+4.88 σ
 +10.12% 03:59 PM
EWH Hong Kong 19.98
Expensive
Expensive
Expensive
 15.46 15.28 15.23
+3.91 σ
+5.05 σ
+4.72 σ
 +9.67% 03:59 PM
EWY South Korea 19.37
Expensive
Expensive
Expensive
 10.45 10.22 9.91
+7.77 σ
+8.43 σ
+9.95 σ
 +49.77% 03:59 PM
EWK Belgium 18.90
Overvalued
Overvalued
Overvalued
 16.15 16.90 14.88
+1.02 σ
+1.02 σ
+1.54 σ
 +7.74% 03:56 PM
EWQ France 18.76
Overvalued
Overvalued
Expensive
 16.56 15.43 13.40
+1.13 σ
+1.94 σ
+2.59 σ
 +2.19% 03:59 PM
EIS Israel 18.53
Expensive
Expensive
Expensive
 11.90 11.35 10.98
+3.40 σ
+5.56 σ
+4.94 σ
 +22.23% 03:58 PM
EWN Netherlands 18.31
Fair
Fair
Overvalued
 17.92 16.96 14.35
+0.16 σ
+0.69 σ
+1.66 σ
 +5.06% 03:58 PM
EWD Sweden 18.08
Fair
Overvalued
Expensive
 16.45 16.15 14.88
+0.70 σ
+1.24 σ
+2.03 σ
 +8.16% 03:57 PM
EWG Germany 17.47
Overvalued
Expensive
Expensive
 14.19 13.68 12.46
+1.48 σ
+2.51 σ
+3.75 σ
 -1.10% 03:59 PM
EWJ Japan 17.13
Overvalued
Expensive
Overvalued
 14.84 14.29 14.43
+1.60 σ
+2.00 σ
+1.71 σ
 +7.98% 03:59 PM
VNM Vietnam 16.93
Fair
Fair
-
 15.52 16.63 -
+0.56 σ
+0.10 σ
-
 +5.58% 03:59 PM
EPU Perù 16.74
Expensive
Expensive
Expensive
 12.09 12.83 12.31
+2.39 σ
+2.71 σ
+3.08 σ
 +38.93% 03:57 PM
EWS Singapore 16.62
Expensive
Expensive
Expensive
 13.69 13.28 13.39
+2.02 σ
+3.22 σ
+3.40 σ
 +0.64% 03:59 PM
EZA South Africa 16.29
Expensive
Expensive
Expensive
 10.68 12.13 11.91
+3.28 σ
+2.12 σ
+2.62 σ
 +16.57% 03:59 PM
THD Thailand 15.64
Fair
Fair
Fair
 17.47 17.50 15.84
-0.84 σ
-0.92 σ
-0.08 σ
 +17.63% 03:59 PM
EWM Malaysia 15.47
Overvalued
Fair
Fair
 14.36 15.09 14.71
+1.42 σ
+0.50 σ
+0.96 σ
 +8.77% 03:59 PM
NORW Norway 15.44
Expensive
Overvalued
Expensive
 10.79 12.64 11.58
+2.41 σ
+1.52 σ
+2.39 σ
 +19.21% 03:58 PM
ARGT Argentina 15.10
Overvalued
Overvalued
Overvalued
 12.65 12.50 10.68
+1.26 σ
+1.97 σ
+1.77 σ
 +0.29% 03:59 PM
TUR Turkey 14.57
Expensive
Expensive
Expensive
 6.08 6.44 7.94
+4.39 σ
+6.70 σ
+4.10 σ
 +11.75% 03:59 PM
EDEN Denmark 14.46
Fair
Undervalued
Undervalued
 16.62 18.14 16.55
-0.73 σ
-1.39 σ
-1.14 σ
 -7.35% 03:50 PM
EWO Austria 14.39
Expensive
Expensive
Expensive
 8.35 9.63 9.95
+3.10 σ
+2.60 σ
+2.77 σ
 +10.95% 03:58 PM
EIRL Ireland 14.01
Fair
Fair
Fair
 15.09 15.59 16.16
-0.56 σ
-0.84 σ
-0.89 σ
 +3.38% 03:43 PM
ECH Chile 13.77
Overvalued
Fair
Fair
 10.14 13.17 14.57
+1.47 σ
+0.22 σ
-0.44 σ
 +10.45% 03:59 PM
EWP Spain 13.65
Overvalued
Overvalued
Overvalued
 11.29 11.89 11.56
+1.89 σ
+1.41 σ
+1.38 σ
 +7.23% 03:59 PM
EWI Italy 13.23
Overvalued
Overvalued
Overvalued
 10.61 11.44 11.16
+1.47 σ
+1.21 σ
+1.30 σ
 +4.34% 03:59 PM
EWW Mexico 13.12
Fair
Fair
Fair
 12.52 13.67 14.27
+0.66 σ
-0.38 σ
-0.66 σ
 +13.12% 03:59 PM
EPOL Poland 12.64
Overvalued
Overvalued
Fair
 10.15 11.04 11.45
+1.20 σ
+1.17 σ
+0.97 σ
 +5.83% 03:59 PM
EWZ Brazil 12.34
Expensive
Overvalued
Overvalued
 7.97 10.03 9.99
+3.46 σ
+1.22 σ
+1.62 σ
 +18.50% 03:59 PM
EIDO Indonesia 12.16
Fair
Undervalued
Undervalued
 12.89 14.17 13.66
-0.57 σ
-1.41 σ
-1.24 σ
 -5.52% 03:59 PM
QAT Qatar 12.05
Fair
Undervalued
-
 13.01 13.38 -
-0.47 σ
-1.03 σ
-
 -1.58% 04:00 PM
FXI China 10.25
Fair
Fair
Fair
 10.21 11.17 11.02
+0.03 σ
-0.68 σ
-0.46 σ
 -6.82% 03:59 PM
EPHE Philippines 9.54
Undervalued
Cheap
Cheap
 12.63 14.92 15.20
-1.24 σ
-2.06 σ
-2.59 σ
 +1.94% 03:58 PM
GREK Greece 9.29
Fair
Undervalued
Fair
 9.47 11.35 10.97
-0.09 σ
-1.05 σ
-0.76 σ
 -0.77% 03:58 PM
COLO Colombia 8.23
Fair
Fair
Undervalued
 7.21 9.46 12.41
+0.67 σ
-0.56 σ
-1.46 σ
 +6.44% 03:59 PM
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).