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 26.77
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.52 σ
+2.23 σ
+3.32 σ
 +10.23% 09:30 AM
EWT Taiwan 25.66
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+3.67 σ
+5.62 σ
+6.55 σ
 +46.14% 09:30 AM
ENZL New Zealand 25.59
Fair
Fair
Fair
 26.97 27.44 21.47
-0.36 σ
-0.46 σ
+0.75 σ
 -0.77% 09:30 AM
INDA India 23.41
Fair
Overvalued
Overvalued
 23.10 20.83 18.05
+0.24 σ
+1.07 σ
+1.86 σ
 -4.36% 09:30 AM
EWL Switzerland 23.04
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.26 σ
+2.42 σ
+3.10 σ
 +4.37% 09:30 AM
EWY South Korea 21.53
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+8.37 σ
+9.40 σ
+11.72 σ
 +74.28% 09:30 AM
EWA Australia 20.53
Overvalued
Expensive
Expensive
 17.40 16.69 14.92
+1.22 σ
+2.06 σ
+3.21 σ
 +3.85% 09:30 AM
EWN Netherlands 19.76
Overvalued
Overvalued
Expensive
 17.57 17.07 14.43
+1.15 σ
+1.39 σ
+2.19 σ
 +16.63% 09:30 AM
EWC Canada 19.30
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.21 σ
+2.26 σ
+3.84 σ
 +8.58% 09:30 AM
EWJ Japan 19.11
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.89 σ
+3.19 σ
+2.98 σ
 +10.29% 09:30 AM
EWK Belgium 18.61
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.96 σ
+0.90 σ
+1.38 σ
 +9.08% 09:30 AM
EIS Israel 18.06
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.96 σ
+4.86 σ
+4.64 σ
 +11.00% 09:30 AM
EWH Hong Kong 17.99
Expensive
Expensive
Expensive
 15.47 15.38 15.25
+2.15 σ
+2.67 σ
+2.66 σ
 -2.79% 09:30 AM
EWU United Kingdom 17.77
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.36 σ
+2.30 σ
+3.21 σ
 +3.61% 09:30 AM
EWQ France 17.71
Fair
Overvalued
Overvalued
 16.60 15.57 13.48
+0.56 σ
+1.22 σ
+1.98 σ
 +2.32% 09:30 AM
EWG Germany 17.63
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.39 σ
+2.32 σ
+3.66 σ
 +0.27% 09:30 AM
TUR Turkey 17.17
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+4.13 σ
+8.32 σ
+5.66 σ
 +7.55% 09:30 AM
VNM Vietnam 16.89
Fair
Fair
-
 15.24 16.78 -
+0.74 σ
+0.04 σ
-
 -0.72% 09:30 AM
THD Thailand 16.16
Fair
Fair
Fair
 17.14 17.36 15.92
-0.50 σ
-0.62 σ
+0.10 σ
 +13.13% 09:30 AM
NORW Norway 16.03
Expensive
Overvalued
Expensive
 10.79 12.67 11.62
+2.72 σ
+1.79 σ
+2.68 σ
 +9.88% 09:30 AM
EWS Singapore 15.96
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.37 σ
+2.36 σ
+2.63 σ
 +1.96% 09:30 AM
EDEN Denmark 15.75
Fair
Fair
Fair
 16.14 18.03 16.56
-0.16 σ
-0.85 σ
-0.44 σ
 -1.86% 09:30 AM
ARGT Argentina 15.70
Overvalued
Expensive
Overvalued
 12.94 12.69 10.78
+1.29 σ
+2.16 σ
+1.90 σ
 +12.35% 09:30 AM
EWD Sweden 15.38
Fair
Fair
Fair
 16.26 16.21 14.92
-0.41 σ
-0.54 σ
+0.29 σ
 +2.17% 09:30 AM
EWP Spain 15.03
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+3.00 σ
+2.30 σ
+2.22 σ
 +9.47% 09:30 AM
EPU Perù 14.90
Overvalued
Overvalued
Overvalued
 12.14 12.85 12.33
+1.37 σ
+1.40 σ
+1.80 σ
 +17.08% 09:30 AM
EIRL Ireland 14.89
Fair
Fair
Fair
 14.72 15.52 16.18
+0.13 σ
-0.34 σ
-0.53 σ
 +8.05% 09:30 AM
EWM Malaysia 14.71
Fair
Fair
Fair
 14.44 15.09 14.73
+0.34 σ
-0.49 σ
-0.03 σ
 +0.17% 09:30 AM
EWO Austria 14.54
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.78 σ
+2.60 σ
+2.86 σ
 +20.60% 09:30 AM
EWI Italy 14.26
Expensive
Overvalued
Overvalued
 10.62 11.48 11.17
+2.03 σ
+1.83 σ
+1.93 σ
 +10.11% 09:30 AM
ECH Chile 13.27
Overvalued
Fair
Fair
 10.11 13.15 14.54
+1.31 σ
+0.04 σ
-0.70 σ
 +5.90% 09:30 AM
EWZ Brazil 13.01
Expensive
Overvalued
Expensive
 8.05 10.06 10.06
+3.56 σ
+1.54 σ
+2.02 σ
 +0.73% 09:30 AM
EWW Mexico 12.96
Fair
Fair
Fair
 12.50 13.59 14.26
+0.53 σ
-0.46 σ
-0.75 σ
 +8.02% 09:30 AM
EPOL Poland 12.42
Overvalued
Fair
Fair
 10.13 11.06 11.45
+1.12 σ
+0.98 σ
+0.79 σ
 +11.40% 09:30 AM
COLO Colombia 12.29
Expensive
Overvalued
Fair
 7.21 9.44 12.34
+3.34 σ
+1.30 σ
-0.02 σ
 +18.67% 09:30 AM
GREK Greece 11.52
Overvalued
Fair
Fair
 9.37 11.34 10.92
+1.18 σ
+0.09 σ
+0.28 σ
 +14.14% 09:30 AM
QAT Qatar 11.32
Fair
Undervalued
-
 12.67 13.37 -
-0.76 σ
-1.55 σ
-
 -3.48% 09:30 AM
EIDO Indonesia 11.12
Undervalued
Undervalued
Cheap
 12.66 14.06 13.66
-1.27 σ
-1.98 σ
-2.09 σ
 -24.72% 09:30 AM
EZA South Africa 10.15
Fair
Fair
Undervalued
 10.72 12.03 11.90
-0.32 σ
-0.96 σ
-1.03 σ
 -0.54% 09:30 AM
FXI China 10.05
Fair
Fair
Fair
 10.03 11.16 10.98
+0.02 σ
-0.82 σ
-0.56 σ
 -8.29% 09:30 AM
EPHE Philippines 8.88
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.37 σ
-2.15 σ
-2.79 σ
 +3.28% 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).