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 30.71
Expensive
Expensive
Expensive
 16.33 15.29 14.20
+5.32 σ
+8.18 σ
+9.26 σ
 +38.07% 09:30 AM
VTI United States 26.62
Overvalued
Expensive
Expensive
 22.92 20.34 16.90
+1.39 σ
+2.12 σ
+3.21 σ
 +8.13% 09:30 AM
ENZL New Zealand 26.26
Fair
Fair
Fair
 26.90 27.47 21.53
-0.17 σ
-0.30 σ
+0.86 σ
 -0.75% 08 Jul
EWL Switzerland 24.49
Overvalued
Expensive
Expensive
 20.06 18.51 15.98
+1.78 σ
+3.06 σ
+3.68 σ
 +4.87% 09:30 AM
INDA India 22.30
Fair
Fair
Overvalued
 23.12 20.90 18.10
-0.65 σ
+0.59 σ
+1.45 σ
 -4.65% 09:30 AM
EWN Netherlands 21.37
Expensive
Expensive
Expensive
 17.49 17.12 14.48
+2.27 σ
+2.19 σ
+2.82 σ
 +11.68% 09:30 AM
EWA Australia 20.84
Overvalued
Expensive
Expensive
 17.46 16.73 14.96
+1.30 σ
+2.17 σ
+3.31 σ
 +1.39% 09:30 AM
EWC Canada 20.77
Overvalued
Expensive
Expensive
 16.15 15.43 14.47
+1.72 σ
+3.05 σ
+4.92 σ
 +5.88% 09:30 AM
EWY South Korea 20.21
Expensive
Expensive
Expensive
 10.60 10.33 9.96
+6.79 σ
+7.99 σ
+10.25 σ
 +41.65% 09:30 AM
EWJ Japan 18.78
Expensive
Expensive
Expensive
 14.89 14.50 14.44
+2.58 σ
+2.88 σ
+2.74 σ
 +7.77% 09:30 AM
EWQ France 18.54
Fair
Overvalued
Expensive
 16.60 15.60 13.51
+0.98 σ
+1.66 σ
+2.34 σ
 -0.18% 09:30 AM
EWG Germany 17.57
Overvalued
Expensive
Expensive
 14.38 13.89 12.54
+1.32 σ
+2.21 σ
+3.55 σ
 -1.11% 09:30 AM
EWU United Kingdom 17.47
Overvalued
Expensive
Expensive
 13.64 13.47 12.39
+1.21 σ
+2.08 σ
+2.99 σ
 +2.51% 09:30 AM
EWK Belgium 17.46
Fair
Fair
Fair
 16.07 16.87 15.03
+0.53 σ
+0.30 σ
+0.93 σ
 +5.70% 09:30 AM
EWS Singapore 17.44
Expensive
Expensive
Expensive
 13.87 13.43 13.41
+2.22 σ
+3.61 σ
+4.09 σ
 +9.62% 09:30 AM
EWH Hong Kong 16.51
Fair
Overvalued
Overvalued
 15.47 15.41 15.26
+0.89 σ
+1.11 σ
+1.19 σ
 -5.99% 09:30 AM
EIRL Ireland 16.47
Overvalued
Fair
Fair
 14.62 15.52 16.19
+1.62 σ
+0.51 σ
+0.12 σ
 +8.58% 09:30 AM
EWD Sweden 16.44
Fair
Fair
Fair
 16.17 16.22 14.93
+0.13 σ
+0.14 σ
+0.95 σ
 -0.19% 09:30 AM
EIS Israel 16.29
Overvalued
Expensive
Expensive
 12.05 11.50 10.98
+1.97 σ
+3.47 σ
+3.47 σ
 +2.20% 09:30 AM
EDEN Denmark 16.13
Fair
Fair
Fair
 16.04 18.01 16.57
+0.04 σ
-0.70 σ
-0.24 σ
 +2.49% 09:30 AM
VNM Vietnam 15.57
Fair
Fair
-
 15.18 16.84 -
+0.18 σ
-0.46 σ
-
 -1.06% 09:30 AM
EWP Spain 15.56
Expensive
Expensive
Expensive
 11.29 12.00 11.60
+3.43 σ
+2.61 σ
+2.53 σ
 +8.75% 09:30 AM
THD Thailand 15.46
Fair
Fair
Fair
 17.03 17.31 15.94
-0.83 σ
-0.96 σ
-0.20 σ
 +9.42% 09:30 AM
ARGT Argentina 15.27
Overvalued
Overvalued
Overvalued
 13.01 12.73 10.82
+1.07 σ
+1.83 σ
+1.72 σ
 +3.12% 09:30 AM
TUR Turkey 15.10
Expensive
Expensive
Expensive
 6.73 6.49 7.96
+3.03 σ
+6.46 σ
+4.35 σ
 +1.22% 09:30 AM
EWI Italy 15.00
Expensive
Expensive
Expensive
 10.64 11.49 11.18
+2.41 σ
+2.29 σ
+2.38 σ
 +8.94% 09:30 AM
EPU Perù 14.24
Overvalued
Fair
Overvalued
 12.16 12.86 12.36
+1.03 σ
+0.94 σ
+1.33 σ
 +9.18% 09:30 AM
EWO Austria 14.19
Expensive
Expensive
Expensive
 8.53 9.70 9.95
+2.45 σ
+2.37 σ
+2.62 σ
 +16.60% 09:30 AM
NORW Norway 13.97
Overvalued
Fair
Overvalued
 10.79 12.67 11.64
+1.66 σ
+0.69 σ
+1.41 σ
 -1.18% 09:30 AM
EPOL Poland 13.32
Overvalued
Overvalued
Overvalued
 10.11 11.06 11.46
+1.58 σ
+1.63 σ
+1.52 σ
 +8.96% 09:30 AM
EWM Malaysia 12.99
Undervalued
Cheap
Cheap
 14.45 15.08 14.74
-1.83 σ
-2.72 σ
-2.26 σ
 -2.35% 09:30 AM
ECH Chile 12.72
Overvalued
Fair
Fair
 10.09 13.14 14.53
+1.10 σ
-0.15 σ
-1.00 σ
 -0.27% 09:30 AM
EWW Mexico 12.38
Fair
Fair
Undervalued
 12.46 13.54 14.27
-0.10 σ
-0.86 σ
-1.09 σ
 +1.97% 09:30 AM
GREK Greece 11.79
Overvalued
Fair
Fair
 9.33 11.33 10.92
+1.39 σ
+0.24 σ
+0.41 σ
 +11.70% 09:30 AM
QAT Qatar 11.49
Fair
Undervalued
-
 12.55 13.36 -
-0.63 σ
-1.40 σ
-
 -5.92% 08 Jul
COLO Colombia 11.27
Expensive
Fair
Fair
 7.21 9.42 12.31
+2.67 σ
+0.85 σ
-0.37 σ
 +12.84% 09:30 AM
EWZ Brazil 11.09
Expensive
Fair
Fair
 8.10 10.08 10.08
+2.05 σ
+0.52 σ
+0.69 σ
 -1.29% 09:30 AM
EZA South Africa 9.23
Fair
Undervalued
Undervalued
 10.70 11.98 11.90
-0.82 σ
-1.40 σ
-1.57 σ
 -8.09% 09:30 AM
EIDO Indonesia 8.80
Cheap
Cheap
Cheap
 12.57 14.02 13.66
-3.19 σ
-3.46 σ
-4.00 σ
 -28.48% 09:30 AM
FXI China 8.72
Undervalued
Undervalued
Undervalued
 9.96 11.14 10.97
-1.42 σ
-1.78 σ
-1.34 σ
 -11.86% 09:30 AM
EPHE Philippines 8.36
Undervalued
Cheap
Cheap
 12.08 14.58 15.16
-1.57 σ
-2.29 σ
-3.02 σ
 -1.06% 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).