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 27.74
Expensive
Expensive
Expensive
 16.61 15.43 14.28
+3.75 σ
+6.25 σ
+7.32 σ
 +30.05% 09:30 AM
ENZL New Zealand 24.86
Fair
Fair
Fair
 26.84 27.52 21.67
-0.52 σ
-0.67 σ
+0.58 σ
 -1.06% 09:30 AM
VTI United States 23.94
Fair
Overvalued
Expensive
 23.07 20.51 17.01
+0.32 σ
+1.14 σ
+2.22 σ
 +6.00% 09:30 AM
EWL Switzerland 23.59
Overvalued
Expensive
Expensive
 20.22 18.64 16.06
+1.30 σ
+2.41 σ
+3.17 σ
 -1.96% 09:30 AM
INDA India 21.37
Undervalued
Fair
Overvalued
 23.11 21.00 18.17
-1.38 σ
+0.16 σ
+1.10 σ
 -5.84% 09:30 AM
EWA Australia 19.87
Fair
Overvalued
Expensive
 17.66 16.83 15.03
+0.82 σ
+1.55 σ
+2.65 σ
 -0.26% 09:30 AM
EWJ Japan 18.83
Expensive
Expensive
Expensive
 14.99 14.60 14.44
+2.37 σ
+2.76 σ
+2.74 σ
 +7.44% 09:30 AM
EWN Netherlands 18.69
Fair
Fair
Overvalued
 17.44 17.24 14.56
+0.77 σ
+0.74 σ
+1.66 σ
 +6.17% 09:30 AM
EWS Singapore 18.66
Expensive
Expensive
Expensive
 13.99 13.51 13.44
+2.73 σ
+4.42 σ
+5.16 σ
 +12.36% 09:30 AM
EWC Canada 18.55
Fair
Overvalued
Expensive
 16.37 15.50 14.52
+0.77 σ
+1.64 σ
+3.03 σ
 +2.46% 09:30 AM
EWG Germany 17.65
Overvalued
Expensive
Expensive
 14.53 14.00 12.58
+1.24 σ
+2.08 σ
+3.46 σ
 -0.69% 09:30 AM
EIS Israel 17.13
Expensive
Expensive
Expensive
 12.19 11.58 11.00
+2.12 σ
+3.85 σ
+3.94 σ
 -1.15% 09:30 AM
EWQ France 17.12
Fair
Fair
Overvalued
 16.66 15.70 13.58
+0.23 σ
+0.79 σ
+1.62 σ
 -3.63% 09:30 AM
EWU United Kingdom 16.61
Fair
Overvalued
Expensive
 13.85 13.50 12.44
+0.86 σ
+1.59 σ
+2.40 σ
 +1.35% 09:30 AM
EWP Spain 15.72
Expensive
Expensive
Expensive
 11.32 12.05 11.63
+3.38 σ
+2.56 σ
+2.57 σ
 +5.42% 09:30 AM
EDEN Denmark 15.70
Fair
Fair
Fair
 15.88 17.96 16.59
-0.09 σ
-0.84 σ
-0.50 σ
 -1.68% 09:30 AM
EIRL Ireland 15.50
Overvalued
Fair
Fair
 14.55 15.53 16.23
+1.03 σ
-0.02 σ
-0.31 σ
 +9.17% 09:30 AM
EWI Italy 14.80
Expensive
Expensive
Expensive
 10.70 11.54 11.20
+2.17 σ
+2.07 σ
+2.21 σ
 +3.66% 09:30 AM
EWK Belgium 14.75
Fair
Undervalued
Fair
 15.96 16.82 15.08
-0.48 σ
-1.08 σ
-0.13 σ
 +1.79% 09:30 AM
EWD Sweden 14.37
Fair
Undervalued
Fair
 16.04 16.23 14.97
-0.81 σ
-1.20 σ
-0.38 σ
 -0.84% 09:30 AM
THD Thailand 14.33
Undervalued
Undervalued
Fair
 16.80 17.18 15.97
-1.37 σ
-1.53 σ
-0.72 σ
 +4.35% 09:30 AM
ARGT Argentina 13.86
Fair
Fair
Overvalued
 13.17 12.84 10.86
+0.32 σ
+0.72 σ
+1.16 σ
 -6.84% 09:30 AM
VNM Vietnam 13.42
Fair
Undervalued
-
 15.01 16.91 -
-0.80 σ
-1.30 σ
-
 -5.92% 09:30 AM
EPOL Poland 13.33
Overvalued
Overvalued
Overvalued
 10.13 11.10 11.48
+1.55 σ
+1.58 σ
+1.50 σ
 +13.46% 09:30 AM
EWO Austria 13.32
Overvalued
Overvalued
Expensive
 8.68 9.77 9.96
+1.84 σ
+1.81 σ
+2.07 σ
 +11.88% 09:30 AM
EWH Hong Kong 13.06
Undervalued
Cheap
Cheap
 15.51 15.46 15.28
-1.99 σ
-2.33 σ
-2.10 σ
 -1.42% 09:30 AM
NORW Norway 12.99
Overvalued
Fair
Fair
 10.78 12.68 11.67
+1.15 σ
+0.17 σ
+0.79 σ
 +2.63% 09:30 AM
TUR Turkey 12.48
Overvalued
Expensive
Expensive
 7.11 6.56 7.99
+1.73 σ
+3.95 σ
+2.71 σ
 -9.84% 09:30 AM
EWW Mexico 11.97
Fair
Undervalued
Undervalued
 12.39 13.46 14.26
-0.55 σ
-1.16 σ
-1.32 σ
 -4.51% 09:30 AM
GREK Greece 11.69
Overvalued
Fair
Fair
 9.34 11.32 10.91
+1.32 σ
+0.19 σ
+0.36 σ
 +16.49% 09:30 AM
ECH Chile 11.45
Fair
Fair
Undervalued
 10.05 13.09 14.48
+0.60 σ
-0.60 σ
-1.68 σ
 -6.69% 09:30 AM
QAT Qatar 10.76
Undervalued
Undervalued
-
 12.31 13.33 -
-1.04 σ
-1.88 σ
-
 -10.56% 09:30 AM
EWY South Korea 10.12
Fair
Fair
Fair
 10.85 10.40 9.99
-0.39 σ
-0.21 σ
+0.13 σ
 +18.92% 09:30 AM
EWZ Brazil 10.03
Overvalued
Fair
Fair
 8.24 10.08 10.13
+1.10 σ
-0.03 σ
-0.07 σ
 -0.19% 09:30 AM
COLO Colombia 9.98
Overvalued
Fair
Fair
 7.27 9.44 12.26
+1.68 σ
+0.25 σ
-0.82 σ
 +11.40% 09:30 AM
EIDO Indonesia 8.98
Cheap
Cheap
Cheap
 12.41 13.91 13.66
-3.03 σ
-3.23 σ
-3.86 σ
 -20.32% 09:30 AM
FXI China 8.92
Undervalued
Undervalued
Undervalued
 9.87 11.11 10.95
-1.20 σ
-1.58 σ
-1.20 σ
 -5.98% 09:30 AM
EPU Perù 8.85
Undervalued
Cheap
Cheap
 12.32 12.89 12.41
-1.70 σ
-2.71 σ
-2.53 σ
 +6.39% 09:30 AM
EZA South Africa 8.38
Undervalued
Undervalued
Cheap
 10.69 11.86 11.89
-1.27 σ
-1.78 σ
-2.04 σ
 -6.85% 09:30 AM
EWM Malaysia 7.80
Cheap
Cheap
Cheap
 14.45 15.03 14.75
-8.28 σ
-9.08 σ
-9.07 σ
 -2.59% 09:30 AM
EPHE Philippines 7.58
Undervalued
Cheap
Cheap
 11.73 14.40 15.14
-1.91 σ
-2.47 σ
-3.31 σ
 -8.20% 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).