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 28.52
Expensive
Expensive
Expensive
 16.46 15.36 14.24
+4.27 σ
+6.83 σ
+7.88 σ
 +23.49% 09:30 AM
ENZL New Zealand 27.50
Fair
Fair
Overvalued
 26.88 27.50 21.60
+0.16 σ
+0.00 σ
+1.08 σ
 +3.85% 09:30 AM
VTI United States 26.72
Overvalued
Expensive
Expensive
 23.01 20.44 16.95
+1.37 σ
+2.09 σ
+3.18 σ
 +8.18% 09:30 AM
EWL Switzerland 24.62
Overvalued
Expensive
Expensive
 20.13 18.57 16.02
+1.77 σ
+3.02 σ
+3.67 σ
 +4.40% 09:30 AM
INDA India 22.93
Fair
Fair
Overvalued
 23.13 20.95 18.14
-0.16 σ
+0.83 σ
+1.65 σ
 -1.62% 09:30 AM
EWA Australia 21.71
Overvalued
Expensive
Expensive
 17.56 16.79 14.99
+1.57 σ
+2.56 σ
+3.73 σ
 +5.04% 09:30 AM
EWC Canada 21.30
Overvalued
Expensive
Expensive
 16.25 15.47 14.50
+1.83 σ
+3.24 σ
+5.24 σ
 +7.14% 09:30 AM
EWN Netherlands 21.09
Expensive
Overvalued
Expensive
 17.47 17.18 14.52
+2.16 σ
+1.99 σ
+2.67 σ
 +8.88% 09:30 AM
EWQ France 19.39
Overvalued
Expensive
Expensive
 16.64 15.67 13.54
+1.36 σ
+2.09 σ
+2.69 σ
 +4.07% 09:30 AM
EWJ Japan 18.72
Expensive
Expensive
Expensive
 14.93 14.55 14.44
+2.45 σ
+2.77 σ
+2.68 σ
 +6.26% 09:30 AM
EWG Germany 18.38
Overvalued
Expensive
Expensive
 14.46 13.95 12.56
+1.59 σ
+2.60 σ
+4.04 σ
 +3.49% 09:30 AM
EWU United Kingdom 18.23
Overvalued
Expensive
Expensive
 13.77 13.50 12.42
+1.38 σ
+2.42 σ
+3.38 σ
 +5.91% 09:30 AM
EWS Singapore 18.04
Expensive
Expensive
Expensive
 13.92 13.47 13.43
+2.48 σ
+4.02 σ
+4.62 σ
 +12.30% 09:30 AM
EWH Hong Kong 17.88
Expensive
Expensive
Expensive
 15.48 15.44 15.28
+2.01 σ
+2.41 σ
+2.47 σ
 +1.43% 09:30 AM
EWY South Korea 17.52
Expensive
Expensive
Expensive
 10.71 10.36 9.97
+4.14 σ
+5.60 σ
+7.44 σ
 +16.48% 09:30 AM
EWK Belgium 17.44
Fair
Fair
Fair
 16.04 16.85 15.06
+0.55 σ
+0.31 σ
+0.91 σ
 +4.47% 09:30 AM
EWD Sweden 17.26
Fair
Fair
Overvalued
 16.13 16.24 14.96
+0.55 σ
+0.66 σ
+1.46 σ
 +4.26% 09:30 AM
EIRL Ireland 16.70
Expensive
Fair
Fair
 14.57 15.53 16.21
+2.21 σ
+0.62 σ
+0.20 σ
 +8.56% 09:30 AM
EIS Israel 16.43
Overvalued
Expensive
Expensive
 12.11 11.54 10.99
+1.93 σ
+3.47 σ
+3.52 σ
 +1.49% 09:30 AM
EWP Spain 16.31
Expensive
Expensive
Expensive
 11.30 12.03 11.62
+3.94 σ
+3.06 σ
+2.97 σ
 +12.08% 09:30 AM
EDEN Denmark 15.97
Fair
Fair
Fair
 15.95 17.97 16.58
+0.01 σ
-0.75 σ
-0.34 σ
 +1.26% 09:30 AM
ARGT Argentina 15.72
Overvalued
Expensive
Overvalued
 13.09 12.79 10.86
+1.22 σ
+2.09 σ
+1.87 σ
 +3.90% 09:30 AM
THD Thailand 15.72
Fair
Fair
Fair
 16.94 17.25 15.96
-0.66 σ
-0.81 σ
-0.11 σ
 +9.37% 09:30 AM
EWI Italy 15.55
Expensive
Expensive
Expensive
 10.66 11.52 11.19
+2.65 σ
+2.60 σ
+2.70 σ
 +11.39% 09:30 AM
VNM Vietnam 15.03
Fair
Fair
-
 15.09 16.87 -
-0.03 σ
-0.67 σ
-
 -4.03% 09:30 AM
TUR Turkey 14.94
Expensive
Expensive
Expensive
 6.92 6.52 7.98
+2.72 σ
+6.07 σ
+4.22 σ
 -0.91% 09:30 AM
NORW Norway 14.86
Expensive
Overvalued
Overvalued
 10.79 12.68 11.66
+2.11 σ
+1.16 σ
+1.92 σ
 +4.05% 09:30 AM
EPU Perù 14.73
Overvalued
Overvalued
Overvalued
 12.23 12.88 12.38
+1.22 σ
+1.25 σ
+1.66 σ
 +9.93% 09:30 AM
EWO Austria 14.44
Expensive
Expensive
Expensive
 8.61 9.74 9.96
+2.39 σ
+2.44 σ
+2.77 σ
 +15.70% 09:30 AM
EPOL Poland 14.39
Expensive
Expensive
Expensive
 10.11 11.08 11.47
+2.10 σ
+2.36 σ
+2.38 σ
 +15.31% 09:30 AM
EWM Malaysia 13.42
Undervalued
Cheap
Undervalued
 14.44 15.06 14.74
-1.27 σ
-2.08 σ
-1.71 σ
 +0.26% 09:30 AM
ECH Chile 12.77
Overvalued
Fair
Fair
 10.07 13.12 14.51
+1.15 σ
-0.13 σ
-0.96 σ
 -1.27% 09:30 AM
EWW Mexico 12.67
Fair
Fair
Fair
 12.43 13.50 14.27
+0.30 σ
-0.63 σ
-0.92 σ
 +3.26% 09:30 AM
GREK Greece 12.58
Overvalued
Fair
Fair
 9.34 11.33 10.91
+1.82 σ
+0.64 σ
+0.77 σ
 +17.40% 09:30 AM
COLO Colombia 11.96
Expensive
Overvalued
Fair
 7.24 9.44 12.29
+3.01 σ
+1.15 σ
-0.12 σ
 +16.71% 09:30 AM
EWZ Brazil 11.70
Expensive
Fair
Overvalued
 8.16 10.08 10.11
+2.29 σ
+0.83 σ
+1.10 σ
 +2.72% 09:30 AM
QAT Qatar 11.30
Fair
Undervalued
-
 12.43 13.34 -
-0.71 σ
-1.52 σ
-
 -6.71% 09:30 AM
FXI China 9.55
Fair
Undervalued
Fair
 9.91 11.13 10.97
-0.44 σ
-1.15 σ
-0.84 σ
 -2.18% 09:30 AM
EZA South Africa 9.41
Fair
Undervalued
Undervalued
 10.70 11.92 11.90
-0.72 σ
-1.28 σ
-1.46 σ
 -6.13% 09:30 AM
EIDO Indonesia 9.32
Cheap
Cheap
Cheap
 12.48 13.96 13.66
-2.77 σ
-3.06 σ
-3.58 σ
 -22.21% 09:30 AM
EPHE Philippines 8.74
Undervalued
Cheap
Cheap
 11.90 14.49 15.15
-1.39 σ
-2.10 σ
-2.83 σ
 +3.44% 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).