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 29.05
Expensive
Expensive
Expensive
 22.65 20.07 16.76
+2.54 σ
+3.16 σ
+4.24 σ
 +6.72% 09:30 AM
ENZL New Zealand 27.71
Fair
Fair
Overvalued
 27.07 27.37 21.33
+0.16 σ
+0.08 σ
+1.16 σ
 -2.28% 09:30 AM
EWL Switzerland 22.91
Overvalued
Expensive
Expensive
 19.81 18.31 15.86
+1.31 σ
+2.52 σ
+3.16 σ
 +7.82% 09:30 AM
EWT Taiwan 22.70
Expensive
Expensive
Expensive
 16.05 15.08 14.09
+2.77 σ
+4.22 σ
+5.06 σ
 +26.82% 09:30 AM
INDA India 22.16
Fair
Fair
Overvalued
 23.07 20.73 18.00
-0.71 σ
+0.58 σ
+1.46 σ
 -2.57% 09:30 AM
EWA Australia 20.77
Overvalued
Expensive
Expensive
 17.27 16.59 14.88
+1.41 σ
+2.34 σ
+3.50 σ
 +11.03% 09:30 AM
EWC Canada 19.53
Overvalued
Expensive
Expensive
 15.91 15.34 14.42
+1.42 σ
+2.59 σ
+4.16 σ
 +12.53% 09:30 AM
EWK Belgium 18.59
Fair
Fair
Overvalued
 16.14 16.89 14.92
+0.91 σ
+0.87 σ
+1.40 σ
 +10.72% 09:30 AM
EWU United Kingdom 18.09
Overvalued
Expensive
Expensive
 13.35 13.40 12.34
+1.59 σ
+2.61 σ
+3.49 σ
 +10.93% 09:30 AM
EWQ France 18.08
Fair
Overvalued
Expensive
 16.58 15.49 13.42
+0.76 σ
+1.50 σ
+2.23 σ
 +5.45% 09:30 AM
EWN Netherlands 18.01
Fair
Fair
Overvalued
 17.80 17.00 14.37
+0.10 σ
+0.52 σ
+1.52 σ
 +10.98% 09:30 AM
EWD Sweden 17.85
Fair
Overvalued
Overvalued
 16.40 16.18 14.89
+0.64 σ
+1.07 σ
+1.86 σ
 +11.61% 09:30 AM
EIS Israel 17.84
Expensive
Expensive
Expensive
 11.92 11.39 10.98
+3.00 σ
+4.92 σ
+4.49 σ
 +21.33% 09:30 AM
EWH Hong Kong 17.75
Overvalued
Expensive
Expensive
 15.46 15.32 15.24
+1.98 σ
+2.59 σ
+2.48 σ
 +6.58% 09:30 AM
EWY South Korea 17.55
Expensive
Expensive
Expensive
 10.45 10.24 9.92
+6.12 σ
+6.53 σ
+7.92 σ
 +53.63% 09:30 AM
EWJ Japan 17.46
Overvalued
Expensive
Overvalued
 14.84 14.34 14.43
+1.83 σ
+2.18 σ
+1.92 σ
 +9.53% 09:30 AM
EWG Germany 17.38
Overvalued
Expensive
Expensive
 14.24 13.74 12.48
+1.38 σ
+2.34 σ
+3.62 σ
 +3.20% 09:30 AM
NORW Norway 16.93
Expensive
Expensive
Expensive
 10.79 12.65 11.60
+3.18 σ
+2.31 σ
+3.28 σ
 +19.03% 09:30 AM
TUR Turkey 16.20
Expensive
Expensive
Expensive
 6.21 6.45 7.94
+4.68 σ
+7.88 σ
+5.11 σ
 +20.37% 09:30 AM
EWS Singapore 16.13
Overvalued
Expensive
Expensive
 13.74 13.32 13.39
+1.60 σ
+2.68 σ
+2.86 σ
 +4.86% 09:30 AM
ARGT Argentina 15.93
Overvalued
Expensive
Expensive
 12.77 12.57 10.71
+1.55 σ
+2.49 σ
+2.06 σ
 +8.89% 09:30 AM
THD Thailand 15.85
Fair
Fair
Fair
 17.35 17.45 15.87
-0.71 σ
-0.80 σ
-0.01 σ
 +16.82% 09:30 AM
VNM Vietnam 15.74
Fair
Fair
-
 15.43 16.68 -
+0.13 σ
-0.32 σ
-
 +6.89% 09:30 AM
EDEN Denmark 15.65
Fair
Fair
Fair
 16.46 18.10 16.56
-0.29 σ
-0.92 σ
-0.49 σ
 +1.05% 09:30 AM
EWM Malaysia 15.29
Overvalued
Fair
Fair
 14.40 15.09 14.72
+1.12 σ
+0.26 σ
+0.72 σ
 +8.89% 09:30 AM
EPU Perù 14.89
Overvalued
Overvalued
Overvalued
 12.12 12.86 12.31
+1.38 σ
+1.37 σ
+1.79 σ
 +24.93% 09:30 AM
EWO Austria 14.83
Expensive
Expensive
Expensive
 8.38 9.64 9.95
+3.21 σ
+2.81 σ
+3.04 σ
 +19.60% 09:30 AM
EWP Spain 14.80
Expensive
Expensive
Expensive
 11.29 11.92 11.57
+2.82 σ
+2.25 σ
+2.12 σ
 +13.82% 09:30 AM
ECH Chile 14.49
Overvalued
Fair
Fair
 10.14 13.17 14.56
+1.76 σ
+0.48 σ
-0.04 σ
 +20.86% 09:30 AM
EWW Mexico 14.20
Overvalued
Fair
Fair
 12.52 13.66 14.28
+1.86 σ
+0.37 σ
-0.04 σ
 +15.11% 09:30 AM
EWI Italy 13.80
Overvalued
Overvalued
Overvalued
 10.61 11.46 11.16
+1.80 σ
+1.57 σ
+1.66 σ
 +11.39% 09:30 AM
EIRL Ireland 13.76
Fair
Fair
Fair
 14.97 15.57 16.17
-0.70 σ
-0.97 σ
-0.99 σ
 +6.77% 09:30 AM
EWZ Brazil 13.20
Expensive
Overvalued
Expensive
 7.99 10.04 10.02
+3.99 σ
+1.65 σ
+2.19 σ
 +25.87% 09:30 AM
EPOL Poland 12.65
Overvalued
Overvalued
Fair
 10.16 11.05 11.46
+1.19 σ
+1.16 σ
+0.97 σ
 +17.54% 09:30 AM
EIDO Indonesia 11.91
Fair
Undervalued
Undervalued
 12.83 14.14 13.67
-0.74 σ
-1.55 σ
-1.46 σ
 -6.84% 09:30 AM
COLO Colombia 11.72
Expensive
Overvalued
Fair
 7.21 9.46 12.38
+2.96 σ
+1.01 σ
-0.23 σ
 +14.70% 09:30 AM
QAT Qatar 11.09
Fair
Undervalued
-
 12.91 13.39 -
-0.94 σ
-1.78 σ
-
 +0.27% 09:30 AM
GREK Greece 10.46
Fair
Fair
Fair
 9.45 11.36 10.96
+0.53 σ
-0.46 σ
-0.23 σ
 +10.45% 09:30 AM
EZA South Africa 10.20
Fair
Fair
Undervalued
 10.75 12.13 11.93
-0.31 σ
-0.99 σ
-1.03 σ
 +13.57% 09:30 AM
FXI China 10.13
Fair
Fair
Fair
 10.16 11.17 11.02
-0.03 σ
-0.78 σ
-0.53 σ
 -2.76% 09:30 AM
EPHE Philippines 8.92
Undervalued
Cheap
Cheap
 12.51 14.84 15.19
-1.46 σ
-2.25 σ
-2.85 σ
 -0.61% 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).