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 28.40
Expensive
Expensive
Expensive
 22.65 20.07 16.76
+2.28 σ
+2.93 σ
+4.02 σ
 +4.52% 09:30 AM
ENZL New Zealand 27.96
Fair
Fair
Overvalued
 27.07 27.37 21.33
+0.23 σ
+0.15 σ
+1.20 σ
 -1.41% 09:30 AM
EWL Switzerland 22.70
Overvalued
Expensive
Expensive
 19.81 18.31 15.86
+1.22 σ
+2.41 σ
+3.06 σ
 +7.02% 09:30 AM
EWT Taiwan 21.89
Expensive
Expensive
Expensive
 16.05 15.08 14.09
+2.43 σ
+3.77 σ
+4.59 σ
 +22.95% 09:30 AM
INDA India 21.47
Undervalued
Fair
Overvalued
 23.07 20.73 18.00
-1.25 σ
+0.30 σ
+1.22 σ
 -5.73% 09:30 AM
EWA Australia 20.75
Overvalued
Expensive
Expensive
 17.27 16.59 14.88
+1.40 σ
+2.33 σ
+3.49 σ
 +11.16% 09:30 AM
EWC Canada 19.25
Overvalued
Expensive
Expensive
 15.91 15.34 14.42
+1.31 σ
+2.42 σ
+3.93 σ
 +11.35% 09:30 AM
EWK Belgium 18.37
Fair
Fair
Overvalued
 16.14 16.89 14.92
+0.83 σ
+0.75 σ
+1.31 σ
 +9.68% 09:30 AM
EWU United Kingdom 18.02
Overvalued
Expensive
Expensive
 13.35 13.40 12.34
+1.57 σ
+2.57 σ
+3.45 σ
 +10.83% 09:30 AM
EWH Hong Kong 18.02
Expensive
Expensive
Expensive
 15.46 15.32 15.24
+2.22 σ
+2.88 σ
+2.74 σ
 +8.46% 09:30 AM
EWQ France 17.98
Fair
Overvalued
Expensive
 16.58 15.49 13.42
+0.71 σ
+1.44 σ
+2.18 σ
 +4.99% 09:30 AM
EWN Netherlands 17.92
Fair
Fair
Overvalued
 17.80 17.00 14.37
+0.05 σ
+0.48 σ
+1.48 σ
 +10.67% 09:30 AM
EWD Sweden 17.50
Fair
Fair
Overvalued
 16.40 16.18 14.89
+0.48 σ
+0.85 σ
+1.64 σ
 +9.68% 09:30 AM
EIS Israel 17.47
Expensive
Expensive
Expensive
 11.92 11.39 10.98
+2.81 σ
+4.63 σ
+4.25 σ
 +19.35% 09:30 AM
NORW Norway 17.32
Expensive
Expensive
Expensive
 10.79 12.65 11.60
+3.39 σ
+2.53 σ
+3.53 σ
 +22.34% 09:30 AM
EWJ Japan 17.31
Overvalued
Expensive
Overvalued
 14.84 14.34 14.43
+1.73 σ
+2.07 σ
+1.82 σ
 +8.88% 09:30 AM
EWG Germany 17.00
Overvalued
Expensive
Expensive
 14.24 13.74 12.48
+1.21 σ
+2.09 σ
+3.34 σ
 +0.93% 09:30 AM
EWY South Korea 16.90
Expensive
Expensive
Expensive
 10.45 10.24 9.92
+5.56 σ
+5.95 σ
+7.25 σ
 +49.69% 09:30 AM
EDEN Denmark 16.68
Fair
Fair
Fair
 16.46 18.10 16.56
+0.08 σ
-0.54 σ
+0.07 σ
 +0.21% 09:30 AM
THD Thailand 16.08
Fair
Fair
Fair
 17.35 17.45 15.87
-0.60 σ
-0.69 σ
+0.09 σ
 +19.12% 09:30 AM
EWS Singapore 16.03
Overvalued
Expensive
Expensive
 13.74 13.32 13.39
+1.53 σ
+2.59 σ
+2.76 σ
 +4.41% 09:30 AM
ARGT Argentina 15.98
Overvalued
Expensive
Expensive
 12.77 12.57 10.71
+1.58 σ
+2.53 σ
+2.08 σ
 +9.45% 09:30 AM
TUR Turkey 15.87
Expensive
Expensive
Expensive
 6.21 6.45 7.94
+4.52 σ
+7.62 σ
+4.90 σ
 +18.47% 09:30 AM
VNM Vietnam 15.27
Fair
Fair
-
 15.43 16.68 -
-0.07 σ
-0.48 σ
-
 +4.11% 09:30 AM
EPU Perù 15.21
Overvalued
Overvalued
Expensive
 12.12 12.86 12.31
+1.54 σ
+1.59 σ
+2.01 σ
 +28.64% 09:30 AM
EWM Malaysia 15.15
Fair
Fair
Fair
 14.40 15.09 14.72
+0.94 σ
+0.07 σ
+0.54 σ
 +8.16% 09:30 AM
EWP Spain 14.74
Expensive
Expensive
Expensive
 11.29 11.92 11.57
+2.77 σ
+2.20 σ
+2.08 σ
 +13.79% 09:30 AM
EWO Austria 14.65
Expensive
Expensive
Expensive
 8.38 9.64 9.95
+3.12 σ
+2.71 σ
+2.92 σ
 +18.63% 09:30 AM
ECH Chile 14.07
Overvalued
Fair
Fair
 10.14 13.17 14.56
+1.59 σ
+0.33 σ
-0.27 σ
 +17.99% 09:30 AM
EWW Mexico 14.07
Overvalued
Fair
Fair
 12.52 13.66 14.28
+1.72 σ
+0.28 σ
-0.12 σ
 +14.52% 09:30 AM
EWI Italy 13.68
Overvalued
Overvalued
Overvalued
 10.61 11.46 11.16
+1.73 σ
+1.48 σ
+1.58 σ
 +10.68% 09:30 AM
EIRL Ireland 13.58
Fair
Undervalued
Undervalued
 14.97 15.57 16.17
-0.80 σ
-1.07 σ
-1.07 σ
 +5.52% 09:30 AM
EWZ Brazil 13.39
Expensive
Overvalued
Expensive
 7.99 10.04 10.02
+4.13 σ
+1.75 σ
+2.32 σ
 +28.38% 09:30 AM
EPOL Poland 12.53
Overvalued
Overvalued
Fair
 10.16 11.05 11.46
+1.13 σ
+1.07 σ
+0.87 σ
 +16.81% 09:30 AM
QAT Qatar 12.47
Fair
Fair
-
 12.91 13.39 -
-0.23 σ
-0.71 σ
-
 -0.71% 09:30 AM
COLO Colombia 12.06
Expensive
Overvalued
Fair
 7.21 9.46 12.38
+3.18 σ
+1.17 σ
-0.11 σ
 +18.61% 09:30 AM
EIDO Indonesia 11.84
Fair
Undervalued
Undervalued
 12.83 14.14 13.67
-0.79 σ
-1.60 σ
-1.52 σ
 -7.47% 09:30 AM
GREK Greece 10.39
Fair
Fair
Fair
 9.45 11.36 10.96
+0.49 σ
-0.49 σ
-0.26 σ
 +10.10% 09:30 AM
EZA South Africa 10.06
Fair
Undervalued
Undervalued
 10.75 12.13 11.93
-0.39 σ
-1.06 σ
-1.10 σ
 +12.60% 09:30 AM
FXI China 9.93
Fair
Fair
Fair
 10.16 11.17 11.02
-0.21 σ
-0.93 σ
-0.64 σ
 -4.59% 09:30 AM
EPHE Philippines 8.91
Undervalued
Cheap
Cheap
 12.51 14.84 15.19
-1.46 σ
-2.25 σ
-2.85 σ
 -0.84% 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).