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 30.94
Fair
Fair
Overvalued
 27.18 27.23 21.17
+0.93 σ
+0.91 σ
+1.78 σ
 +3.46% 03:59 PM
VTI United States 26.45
Overvalued
Expensive
Expensive
 22.49 19.87 16.67
+1.66 σ
+2.38 σ
+3.47 σ
 +5.25% 03:58 PM
EWL Switzerland 24.29
Expensive
Expensive
Expensive
 19.61 18.17 15.81
+2.08 σ
+3.51 σ
+3.92 σ
 +10.61% 03:57 PM
INDA India 24.16
Fair
Overvalued
Expensive
 23.08 20.66 17.99
+0.87 σ
+1.42 σ
+2.20 σ
 -1.35% 03:58 PM
EWA Australia 22.13
Expensive
Expensive
Expensive
 17.14 16.47 14.83
+2.10 σ
+3.30 σ
+4.51 σ
 +5.58% 03:57 PM
EWD Sweden 21.39
Expensive
Expensive
Expensive
 16.45 16.09 14.86
+2.12 σ
+3.43 σ
+4.19 σ
 +10.05% 03:52 PM
EWT Taiwan 20.78
Expensive
Expensive
Expensive
 16.00 14.95 14.02
+2.07 σ
+3.31 σ
+4.11 σ
 +11.80% 03:58 PM
EWU United Kingdom 20.37
Expensive
Expensive
Expensive
 13.14 13.35 12.31
+2.63 σ
+4.08 σ
+5.00 σ
 +10.28% 03:57 PM
EWC Canada 19.92
Overvalued
Expensive
Expensive
 15.73 15.26 14.40
+1.74 σ
+3.10 σ
+4.63 σ
 +10.28% 03:58 PM
EWK Belgium 19.90
Overvalued
Overvalued
Overvalued
 16.15 16.88 14.85
+1.39 σ
+1.55 σ
+1.94 σ
 +14.64% 03:56 PM
EWH Hong Kong 19.26
Expensive
Expensive
Expensive
 15.46 15.24 15.22
+3.29 σ
+4.38 σ
+4.06 σ
 +11.48% 03:58 PM
EWQ France 19.14
Overvalued
Expensive
Expensive
 16.52 15.37 13.37
+1.37 σ
+2.21 σ
+2.82 σ
 +4.86% 03:58 PM
EWG Germany 18.22
Overvalued
Expensive
Expensive
 14.14 13.61 12.45
+1.90 σ
+3.12 σ
+4.39 σ
 +2.78% 03:58 PM
EWN Netherlands 18.12
Fair
Fair
Overvalued
 18.03 16.91 14.31
+0.04 σ
+0.62 σ
+1.61 σ
 +8.79% 03:53 PM
EIS Israel 17.68
Expensive
Expensive
Expensive
 11.88 11.32 10.98
+3.01 σ
+5.02 σ
+4.39 σ
 +21.28% 03:57 PM
EWJ Japan 17.55
Overvalued
Expensive
Overvalued
 14.84 14.24 14.43
+1.89 σ
+2.37 σ
+1.97 σ
 +9.47% 03:58 PM
EWS Singapore 16.59
Expensive
Expensive
Expensive
 13.65 13.24 13.38
+2.12 σ
+3.26 σ
+3.41 σ
 +2.83% 03:58 PM
EWM Malaysia 16.51
Expensive
Overvalued
Expensive
 14.33 15.08 14.70
+2.87 σ
+1.89 σ
+2.29 σ
 +13.99% 03:57 PM
VNM Vietnam 16.43
Fair
-
-
 15.64 - -
+0.29 σ
-
-
 +9.03% 03:57 PM
EPU Perù 16.32
Expensive
Expensive
Expensive
 12.09 12.78 12.31
+2.17 σ
+2.50 σ
+2.78 σ
 +45.29% 03:56 PM
EWY South Korea 16.14
Expensive
Expensive
Expensive
 10.45 10.19 9.90
+4.96 σ
+5.64 σ
+6.66 σ
 +46.98% 03:58 PM
ARGT Argentina 16.03
Overvalued
Expensive
Expensive
 12.57 12.44 10.66
+1.82 σ
+2.77 σ
+2.16 σ
 +7.09% 03:57 PM
EZA South Africa 15.96
Expensive
Overvalued
Expensive
 10.62 12.12 11.90
+3.24 σ
+1.98 σ
+2.45 σ
 +17.86% 03:58 PM
NORW Norway 15.61
Expensive
Overvalued
Expensive
 10.79 12.62 11.57
+2.50 σ
+1.64 σ
+2.54 σ
 +10.21% 03:51 PM
EWO Austria 15.35
Expensive
Expensive
Expensive
 8.35 9.61 9.95
+3.59 σ
+3.18 σ
+3.36 σ
 +20.60% 03:57 PM
ECH Chile 15.33
Expensive
Fair
Fair
 10.14 13.16 14.57
+2.10 σ
+0.79 σ
+0.42 σ
 +29.28% 03:57 PM
THD Thailand 15.27
Undervalued
Undervalued
Fair
 17.57 17.52 15.81
-1.02 σ
-1.12 σ
-0.22 σ
 +10.58% 03:57 PM
EWW Mexico 14.96
Expensive
Fair
Fair
 12.53 13.71 14.27
+2.69 σ
+0.82 σ
+0.40 σ
 +18.68% 03:58 PM
EDEN Denmark 14.74
Fair
Undervalued
Fair
 16.80 18.18 16.55
-0.66 σ
-1.31 σ
-0.98 σ
 +0.57% 03:39 PM
EIRL Ireland 14.56
Fair
Fair
Fair
 15.22 15.60 16.16
-0.32 σ
-0.56 σ
-0.66 σ
 +8.97% 02:55 PM
EWP Spain 14.19
Expensive
Overvalued
Overvalued
 11.29 11.86 11.55
+2.33 σ
+1.91 σ
+1.75 σ
 +14.60% 03:58 PM
TUR Turkey 14.02
Expensive
Expensive
Expensive
 5.96 6.42 7.94
+4.70 σ
+6.37 σ
+3.76 σ
 +20.12% 03:59 PM
EWI Italy 13.70
Overvalued
Overvalued
Overvalued
 10.61 11.41 11.16
+1.74 σ
+1.56 σ
+1.61 σ
 +9.97% 03:57 PM
EPOL Poland 13.27
Overvalued
Overvalued
Overvalued
 10.15 11.03 11.45
+1.50 σ
+1.65 σ
+1.49 σ
 +13.56% 03:58 PM
EWZ Brazil 12.37
Expensive
Overvalued
Overvalued
 7.96 10.01 9.97
+3.51 σ
+1.26 σ
+1.66 σ
 +22.53% 03:58 PM
QAT Qatar 12.32
Fair
-
-
 13.10 - -
-0.38 σ
-
-
 +3.10% 03:54 PM
EIDO Indonesia 11.90
Fair
Undervalued
Undervalued
 12.95 14.19 13.65
-0.79 σ
-1.62 σ
-1.44 σ
 -3.18% 03:57 PM
GREK Greece 11.84
Overvalued
Fair
Fair
 9.51 11.34 10.99
+1.18 σ
+0.25 σ
+0.38 σ
 +19.65% 03:56 PM
FXI China 10.45
Fair
Fair
Fair
 10.28 11.16 11.03
+0.14 σ
-0.53 σ
-0.34 σ
 -0.45% 03:58 PM
COLO Colombia 9.93
Overvalued
Fair
Fair
 7.25 9.49 12.45
+1.71 σ
+0.20 σ
-0.88 σ
 +20.36% 03:57 PM
EPHE Philippines 9.27
Undervalued
Cheap
Cheap
 12.79 14.98 15.22
-1.38 σ
-2.23 σ
-2.75 σ
 +1.56% 03:57 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).