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 28.95
Expensive
Expensive
Expensive
 17.00 15.58 14.35
+3.64 σ
+6.39 σ
+7.63 σ
 +0.45% 09:30 AM
ENZL New Zealand 26.04
Fair
Fair
Fair
 26.72 27.57 21.79
-0.18 σ
-0.39 σ
+0.78 σ
 +0.99% 09:30 AM
EWL Switzerland 24.26
Overvalued
Expensive
Expensive
 20.40 18.77 16.13
+1.45 σ
+2.57 σ
+3.32 σ
 +5.92% 09:30 AM
VTI United States 23.31
Fair
Fair
Overvalued
 23.16 20.65 17.10
+0.06 σ
+0.89 σ
+1.95 σ
 +2.55% 09:30 AM
INDA India 21.67
Undervalued
Fair
Overvalued
 23.03 21.08 18.22
-1.06 σ
+0.25 σ
+1.17 σ
 +5.32% 09:30 AM
EWA Australia 20.54
Fair
Overvalued
Expensive
 17.80 16.91 15.10
+1.00 σ
+1.79 σ
+2.89 σ
 +1.48% 09:30 AM
EWS Singapore 19.11
Expensive
Expensive
Expensive
 14.13 13.59 13.46
+2.71 σ
+4.52 σ
+5.47 σ
 -0.15% 09:30 AM
EWC Canada 19.03
Fair
Overvalued
Expensive
 16.56 15.56 14.57
+0.87 σ
+1.81 σ
+3.22 σ
 +3.07% 09:30 AM
EWN Netherlands 18.99
Overvalued
Fair
Overvalued
 17.35 17.31 14.62
+1.10 σ
+0.86 σ
+1.74 σ
 +0.56% 09:30 AM
EIS Israel 18.63
Expensive
Expensive
Expensive
 12.36 11.69 11.01
+2.50 σ
+4.65 σ
+4.85 σ
 -6.67% 09:30 AM
EWG Germany 18.08
Overvalued
Expensive
Expensive
 14.69 14.10 12.62
+1.31 σ
+2.18 σ
+3.58 σ
 +1.74% 09:30 AM
EWQ France 17.47
Fair
Fair
Overvalued
 16.70 15.77 13.63
+0.38 σ
+0.96 σ
+1.74 σ
 -1.84% 09:30 AM
EWP Spain 16.94
Expensive
Expensive
Expensive
 11.39 12.10 11.65
+3.83 σ
+3.26 σ
+3.27 σ
 +3.85% 09:30 AM
EWU United Kingdom 16.88
Fair
Overvalued
Expensive
 14.05 13.53 12.48
+0.87 σ
+1.68 σ
+2.48 σ
 +1.90% 09:30 AM
EDEN Denmark 16.67
Fair
Fair
Fair
 15.73 17.93 16.61
+0.49 σ
-0.47 σ
+0.03 σ
 +6.87% 09:30 AM
EIRL Ireland 16.61
Expensive
Fair
Fair
 14.50 15.52 16.26
+2.54 σ
+0.58 σ
+0.15 σ
 +9.06% 09:30 AM
EWK Belgium 15.75
Fair
Fair
Fair
 15.80 16.73 15.12
-0.02 σ
-0.51 σ
+0.25 σ
 +4.58% 09:30 AM
EWJ Japan 15.51
Fair
Fair
Fair
 15.03 14.65 14.43
+0.28 σ
+0.55 σ
+0.67 σ
 -1.76% 09:30 AM
EWI Italy 15.29
Expensive
Expensive
Expensive
 10.79 11.59 11.22
+2.27 σ
+2.30 σ
+2.48 σ
 +1.76% 09:30 AM
EWD Sweden 14.96
Fair
Fair
Fair
 15.90 16.21 14.98
-0.47 σ
-0.80 σ
-0.02 σ
 +3.40% 09:30 AM
THD Thailand 14.44
Undervalued
Undervalued
Fair
 16.54 17.13 15.99
-1.22 σ
-1.42 σ
-0.68 σ
 -4.58% 09:30 AM
EWO Austria 14.35
Expensive
Expensive
Expensive
 8.82 9.83 9.97
+2.06 σ
+2.24 σ
+2.69 σ
 +2.17% 09:30 AM
ARGT Argentina 13.91
Fair
Fair
Overvalued
 13.23 12.88 10.86
+0.31 σ
+0.73 σ
+1.19 σ
 -19.30% 09:30 AM
EPOL Poland 13.69
Overvalued
Overvalued
Overvalued
 10.14 11.13 11.49
+1.72 σ
+1.77 σ
+1.76 σ
 +7.73% 09:30 AM
NORW Norway 13.35
Overvalued
Fair
Fair
 10.79 12.66 11.70
+1.33 σ
+0.37 σ
+0.98 σ
 +0.06% 09:30 AM
EWH Hong Kong 12.86
Undervalued
Cheap
Cheap
 15.39 15.41 15.25
-1.98 σ
-2.40 σ
-2.23 σ
 +2.18% 09:30 AM
GREK Greece 12.57
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.86 σ
+0.65 σ
+0.78 σ
 +8.22% 09:30 AM
EWM Malaysia 12.53
Cheap
Cheap
Cheap
 14.42 14.98 14.74
-2.25 σ
-2.94 σ
-2.87 σ
 -5.78% 09:30 AM
ECH Chile 12.37
Overvalued
Fair
Undervalued
 10.03 13.01 14.42
+1.00 σ
-0.23 σ
-1.13 σ
 -11.12% 09:30 AM
EWW Mexico 12.34
Fair
Fair
Undervalued
 12.33 13.37 14.24
+0.02 σ
-0.84 σ
-1.09 σ
 +1.63% 09:30 AM
TUR Turkey 11.82
Overvalued
Expensive
Expensive
 7.37 6.63 7.99
+1.40 σ
+3.20 σ
+2.29 σ
 -18.01% 09:30 AM
VNM Vietnam 11.43
Undervalued
Cheap
-
 14.80 16.93 -
-1.81 σ
-2.06 σ
-
 -4.06% 09:30 AM
EZA South Africa 10.77
Fair
Fair
Fair
 10.70 11.75 11.88
+0.03 σ
-0.51 σ
-0.64 σ
 -0.66% 09:30 AM
QAT Qatar 10.68
Undervalued
Undervalued
-
 12.09 13.27 -
-1.08 σ
-1.84 σ
-
 -0.91% 09:30 AM
EWY South Korea 10.52
Fair
Fair
Fair
 10.81 10.38 9.97
-0.15 σ
+0.11 σ
+0.53 σ
 -14.98% 09:30 AM
EWZ Brazil 10.44
Overvalued
Fair
Fair
 8.31 10.01 10.15
+1.29 σ
+0.22 σ
+0.20 σ
 -13.35% 09:30 AM
COLO Colombia 10.08
Overvalued
Fair
Fair
 7.31 9.41 12.19
+1.66 σ
+0.31 σ
-0.77 σ
 +7.79% 09:30 AM
FXI China 8.99
Undervalued
Undervalued
Undervalued
 9.77 11.05 10.92
-1.06 σ
-1.46 σ
-1.14 σ
 -3.03% 09:30 AM
EPU Perù 8.63
Undervalued
Cheap
Cheap
 12.28 12.83 12.41
-1.75 σ
-2.70 σ
-2.68 σ
 -4.96% 09:30 AM
EIDO Indonesia 8.50
Cheap
Cheap
Cheap
 12.20 13.80 13.65
-3.36 σ
-3.43 σ
-4.19 σ
 -25.36% 09:30 AM
EPHE Philippines 7.36
Undervalued
Cheap
Cheap
 11.40 14.22 15.11
-1.99 σ
-2.46 σ
-3.32 σ
 -8.80% 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).