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 26.25
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.32 σ
+2.05 σ
+3.15 σ
 +7.14% 09:30 AM
ENZL New Zealand 25.18
Fair
Fair
Fair
 26.97 27.44 21.47
-0.46 σ
-0.56 σ
+0.67 σ
 -2.25% 09:30 AM
EWT Taiwan 24.98
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+3.41 σ
+5.25 σ
+6.16 σ
 +38.35% 09:30 AM
EWL Switzerland 23.35
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.38 σ
+2.58 σ
+3.24 σ
 +5.29% 09:30 AM
INDA India 23.31
Fair
Overvalued
Overvalued
 23.10 20.83 18.05
+0.16 σ
+1.03 σ
+1.82 σ
 -4.51% 09:30 AM
EWA Australia 20.05
Overvalued
Overvalued
Expensive
 17.40 16.69 14.92
+1.03 σ
+1.81 σ
+2.93 σ
 +1.21% 09:30 AM
EWY South Korea 19.59
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+6.90 σ
+7.78 σ
+9.76 σ
 +51.24% 09:30 AM
EWN Netherlands 19.14
Fair
Overvalued
Overvalued
 17.57 17.07 14.43
+0.82 σ
+1.07 σ
+1.94 σ
 +11.68% 09:30 AM
EWC Canada 18.88
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.05 σ
+2.02 σ
+3.51 σ
 +5.43% 09:30 AM
EWJ Japan 18.71
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.62 σ
+2.92 σ
+2.73 σ
 +7.16% 09:30 AM
EWK Belgium 18.57
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.94 σ
+0.87 σ
+1.37 σ
 +8.04% 09:30 AM
EWU United Kingdom 17.63
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.31 σ
+2.23 σ
+3.12 σ
 +2.35% 09:30 AM
EWQ France 17.41
Fair
Overvalued
Overvalued
 16.60 15.57 13.48
+0.41 σ
+1.05 σ
+1.84 σ
 +0.35% 09:30 AM
EWH Hong Kong 17.34
Overvalued
Overvalued
Expensive
 15.47 15.38 15.25
+1.59 σ
+2.00 σ
+2.02 σ
 -6.31% 09:30 AM
EIS Israel 17.13
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.50 σ
+4.18 σ
+4.03 σ
 +4.22% 09:30 AM
EWG Germany 17.13
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.18 σ
+2.01 σ
+3.30 σ
 -2.54% 09:30 AM
VNM Vietnam 17.09
Fair
Fair
-
 15.24 16.78 -
+0.84 σ
+0.11 σ
-
 +0.42% 09:30 AM
TUR Turkey 16.60
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+3.91 σ
+7.88 σ
+5.31 σ
 +3.22% 09:30 AM
EWS Singapore 16.33
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.60 σ
+2.70 σ
+3.01 σ
 +4.10% 09:30 AM
EDEN Denmark 15.78
Fair
Fair
Fair
 16.14 18.03 16.56
-0.15 σ
-0.85 σ
-0.43 σ
 -1.70% 09:30 AM
THD Thailand 15.60
Fair
Fair
Fair
 17.14 17.36 15.92
-0.78 σ
-0.90 σ
-0.14 σ
 +8.31% 09:30 AM
EIRL Ireland 15.15
Fair
Fair
Fair
 14.72 15.52 16.18
+0.32 σ
-0.20 σ
-0.43 σ
 +9.18% 09:30 AM
EWP Spain 15.12
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+3.08 σ
+2.37 σ
+2.28 σ
 +9.15% 09:30 AM
EWD Sweden 14.87
Fair
Fair
Fair
 16.26 16.21 14.92
-0.64 σ
-0.86 σ
-0.03 σ
 -1.42% 09:30 AM
ARGT Argentina 14.71
Fair
Overvalued
Overvalued
 12.94 12.69 10.78
+0.83 σ
+1.45 σ
+1.52 σ
 +4.42% 09:30 AM
EWM Malaysia 14.32
Fair
Undervalued
Fair
 14.44 15.09 14.73
-0.15 σ
-1.00 σ
-0.53 σ
 -2.82% 09:30 AM
EWO Austria 14.24
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.65 σ
+2.44 σ
+2.67 σ
 +16.38% 09:30 AM
EPU Perù 14.20
Overvalued
Fair
Overvalued
 12.14 12.85 12.33
+1.02 σ
+0.92 σ
+1.31 σ
 +9.60% 09:30 AM
NORW Norway 14.09
Overvalued
Fair
Overvalued
 10.79 12.67 11.62
+1.71 σ
+0.75 σ
+1.50 σ
 -4.14% 09:30 AM
EWI Italy 13.95
Overvalued
Overvalued
Overvalued
 10.62 11.48 11.17
+1.86 σ
+1.63 σ
+1.74 σ
 +6.97% 09:30 AM
EWZ Brazil 12.91
Expensive
Overvalued
Overvalued
 8.05 10.06 10.06
+3.48 σ
+1.48 σ
+1.95 σ
 -0.71% 09:30 AM
ECH Chile 12.61
Overvalued
Fair
Undervalued
 10.11 13.15 14.54
+1.04 σ
-0.19 σ
-1.06 σ
 -0.15% 09:30 AM
EWW Mexico 12.48
Fair
Fair
Undervalued
 12.50 13.59 14.26
-0.02 σ
-0.80 σ
-1.03 σ
 +3.21% 09:30 AM
EPOL Poland 11.93
Fair
Fair
Fair
 10.13 11.06 11.45
+0.88 σ
+0.63 σ
+0.39 σ
 +6.06% 09:30 AM
COLO Colombia 11.46
Expensive
Fair
Fair
 7.21 9.44 12.34
+2.79 σ
+0.92 σ
-0.31 σ
 +9.23% 09:30 AM
GREK Greece 11.21
Overvalued
Fair
Fair
 9.37 11.34 10.92
+1.01 σ
-0.06 σ
+0.13 σ
 +10.14% 09:30 AM
QAT Qatar 11.03
Fair
Undervalued
-
 12.67 13.37 -
-0.92 σ
-1.78 σ
-
 -5.70% 09:30 AM
EIDO Indonesia 9.51
Cheap
Cheap
Cheap
 12.66 14.06 13.66
-2.60 σ
-3.06 σ
-3.42 σ
 -30.25% 09:30 AM
EZA South Africa 9.46
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.70 σ
-1.31 σ
-1.43 σ
 -7.68% 09:30 AM
FXI China 9.07
Undervalued
Undervalued
Undervalued
 10.03 11.16 10.98
-1.03 σ
-1.54 σ
-1.14 σ
 -16.58% 09:30 AM
EPHE Philippines 8.41
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.57 σ
-2.32 σ
-3.01 σ
 -2.07% 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).