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 30.12
Fair
Fair
Overvalued
 27.07 27.37 21.33
+0.78 σ
+0.68 σ
+1.59 σ
 -1.73% 09:30 AM
VTI United States 27.68
Overvalued
Expensive
Expensive
 22.65 20.07 16.76
+1.99 σ
+2.67 σ
+3.77 σ
 +2.10% 09:30 AM
EWT Taiwan 25.31
Expensive
Expensive
Expensive
 16.05 15.08 14.09
+3.85 σ
+5.66 σ
+6.60 σ
 +17.52% 09:30 AM
EWL Switzerland 24.05
Overvalued
Expensive
Expensive
 19.81 18.31 15.86
+1.79 σ
+3.15 σ
+3.67 σ
 +5.05% 09:30 AM
EWA Australia 23.51
Expensive
Expensive
Expensive
 17.27 16.59 14.88
+2.51 σ
+3.86 σ
+5.13 σ
 +8.97% 09:30 AM
EWY South Korea 22.31
Expensive
Expensive
Expensive
 10.45 10.24 9.92
+10.23 σ
+10.79 σ
+12.86 σ
 +44.35% 09:30 AM
EWH Hong Kong 21.08
Expensive
Expensive
Expensive
 15.46 15.32 15.24
+4.87 σ
+6.13 σ
+5.76 σ
 +8.69% 09:30 AM
EWQ France 20.96
Expensive
Expensive
Expensive
 16.58 15.49 13.42
+2.23 σ
+3.16 σ
+3.60 σ
 +3.77% 09:30 AM
EWJ Japan 20.51
Expensive
Expensive
Expensive
 14.84 14.34 14.43
+3.97 σ
+4.30 σ
+3.85 σ
 +9.38% 09:30 AM
EWU United Kingdom 20.49
Expensive
Expensive
Expensive
 13.35 13.40 12.34
+2.40 σ
+3.94 σ
+4.95 σ
 +10.41% 09:30 AM
EWK Belgium 20.48
Overvalued
Overvalued
Expensive
 16.14 16.89 14.92
+1.61 σ
+1.83 σ
+2.12 σ
 +7.40% 09:30 AM
EWC Canada 20.48
Overvalued
Expensive
Expensive
 15.91 15.34 14.42
+1.79 σ
+3.18 σ
+4.93 σ
 +9.54% 09:30 AM
EWN Netherlands 19.72
Fair
Overvalued
Expensive
 17.80 17.00 14.37
+0.84 σ
+1.40 σ
+2.23 σ
 +7.02% 09:30 AM
EWG Germany 19.01
Expensive
Expensive
Expensive
 14.24 13.74 12.48
+2.10 σ
+3.39 σ
+4.83 σ
 +0.13% 09:30 AM
EWD Sweden 18.79
Overvalued
Overvalued
Expensive
 16.40 16.18 14.89
+1.05 σ
+1.67 σ
+2.45 σ
 +6.78% 09:30 AM
ARGT Argentina 18.24
Expensive
Expensive
Expensive
 12.77 12.57 10.71
+2.69 σ
+4.21 σ
+2.97 σ
 +10.48% 09:30 AM
EPU Perù 18.18
Expensive
Expensive
Expensive
 12.12 12.86 12.31
+3.02 σ
+3.59 σ
+4.07 σ
 +28.71% 09:30 AM
EZA South Africa 18.12
Expensive
Expensive
Expensive
 10.75 12.13 11.93
+4.11 σ
+3.05 σ
+3.67 σ
 +12.66% 09:30 AM
EIS Israel 17.63
Expensive
Expensive
Expensive
 11.92 11.39 10.98
+2.89 σ
+4.76 σ
+4.36 σ
 +16.25% 09:30 AM
EWS Singapore 17.43
Expensive
Expensive
Expensive
 13.74 13.32 13.39
+2.47 σ
+3.92 σ
+4.22 σ
 +3.87% 09:30 AM
EWP Spain 16.93
Expensive
Expensive
Expensive
 11.29 11.92 11.57
+4.53 σ
+3.91 σ
+3.52 σ
 +12.93% 09:30 AM
VNM Vietnam 16.79
Fair
Fair
-
 15.43 16.68 -
+0.56 σ
+0.04 σ
-
 +4.27% 09:30 AM
EDEN Denmark 16.45
Fair
Fair
Fair
 16.46 18.10 16.56
-0.00 σ
-0.62 σ
-0.06 σ
 -2.99% 09:30 AM
EWO Austria 16.43
Expensive
Expensive
Expensive
 8.38 9.64 9.95
+4.01 σ
+3.68 σ
+4.04 σ
 +13.55% 09:30 AM
NORW Norway 16.27
Expensive
Overvalued
Expensive
 10.79 12.65 11.60
+2.84 σ
+1.96 σ
+2.88 σ
 +22.45% 09:30 AM
EWW Mexico 16.24
Expensive
Overvalued
Overvalued
 12.52 13.66 14.28
+4.11 σ
+1.78 σ
+1.13 σ
 +16.19% 09:30 AM
THD Thailand 16.12
Fair
Fair
Fair
 17.35 17.45 15.87
-0.58 σ
-0.67 σ
+0.10 σ
 +16.39% 09:30 AM
EWM Malaysia 15.84
Overvalued
Fair
Overvalued
 14.40 15.09 14.72
+1.81 σ
+0.98 σ
+1.42 σ
 +8.50% 09:30 AM
ECH Chile 15.83
Expensive
Fair
Fair
 10.14 13.17 14.56
+2.31 σ
+0.96 σ
+0.70 σ
 +13.56% 09:30 AM
EIRL Ireland 15.61
Fair
Fair
Fair
 14.97 15.57 16.17
+0.37 σ
+0.02 σ
-0.23 σ
 +4.46% 09:30 AM
TUR Turkey 14.89
Expensive
Expensive
Expensive
 6.21 6.45 7.94
+4.06 σ
+6.82 σ
+4.30 σ
 +14.47% 09:30 AM
EPOL Poland 14.76
Expensive
Expensive
Expensive
 10.16 11.05 11.46
+2.20 σ
+2.68 σ
+2.68 σ
 +12.84% 09:30 AM
EWI Italy 14.66
Expensive
Expensive
Expensive
 10.61 11.46 11.16
+2.29 σ
+2.14 σ
+2.20 σ
 +8.11% 09:30 AM
EWZ Brazil 14.64
Expensive
Expensive
Expensive
 7.99 10.04 10.02
+5.09 σ
+2.41 σ
+3.18 σ
 +23.15% 09:30 AM
GREK Greece 13.26
Overvalued
Fair
Overvalued
 9.45 11.36 10.96
+1.99 σ
+0.97 σ
+1.05 σ
 +8.75% 09:30 AM
INDA India 12.93
Cheap
Cheap
Undervalued
 23.07 20.73 18.00
-7.90 σ
-3.19 σ
-1.78 σ
 -6.61% 09:30 AM
QAT Qatar 12.44
Fair
Fair
-
 12.91 13.39 -
-0.24 σ
-0.73 σ
-
 -0.82% 09:30 AM
COLO Colombia 12.34
Expensive
Overvalued
Fair
 7.21 9.46 12.38
+3.37 σ
+1.29 σ
-0.01 σ
 +14.21% 09:30 AM
EIDO Indonesia 12.29
Fair
Undervalued
Undervalued
 12.83 14.14 13.67
-0.43 σ
-1.28 σ
-1.14 σ
 -10.48% 09:30 AM
EPHE Philippines 10.56
Fair
Undervalued
Cheap
 12.51 14.84 15.19
-0.79 σ
-1.62 σ
-2.10 σ
 +0.15% 09:30 AM
FXI China 10.52
Fair
Fair
Fair
 10.16 11.17 11.02
+0.33 σ
-0.49 σ
-0.30 σ
 -5.59% 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).