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 27.41
Fair
Fair
Overvalued
 26.97 27.44 21.47
+0.12 σ
-0.01 σ
+1.08 σ
 -1.04% 03 Jun
EWT Taiwan 27.14
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+4.25 σ
+6.42 σ
+7.39 σ
 +45.82% 09:30 AM
VTI United States 26.64
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.47 σ
+2.19 σ
+3.28 σ
 +10.27% 09:30 AM
INDA India 22.95
Fair
Fair
Overvalued
 23.10 20.83 18.05
-0.13 σ
+0.88 σ
+1.70 σ
 -7.22% 09:30 AM
EWL Switzerland 22.89
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.20 σ
+2.34 σ
+3.04 σ
 +4.85% 09:30 AM
EWY South Korea 22.05
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+8.77 σ
+9.84 σ
+12.25 σ
 +70.33% 09:30 AM
EWA Australia 20.76
Overvalued
Expensive
Expensive
 17.40 16.69 14.92
+1.31 σ
+2.18 σ
+3.34 σ
 +5.20% 09:30 AM
EWC Canada 19.97
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.46 σ
+2.65 σ
+4.36 σ
 +9.60% 09:30 AM
EWN Netherlands 19.33
Fair
Overvalued
Expensive
 17.57 17.07 14.43
+0.92 σ
+1.17 σ
+2.01 σ
 +12.55% 09:30 AM
EWJ Japan 18.79
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.67 σ
+2.97 σ
+2.77 σ
 +10.45% 09:30 AM
EWQ France 18.65
Overvalued
Overvalued
Expensive
 16.60 15.57 13.48
+1.04 σ
+1.75 σ
+2.42 σ
 +3.35% 09:30 AM
EWK Belgium 18.55
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.93 σ
+0.86 σ
+1.36 σ
 +7.99% 09:30 AM
EWG Germany 18.43
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.73 σ
+2.81 σ
+4.23 σ
 +3.12% 09:30 AM
EWU United Kingdom 18.08
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.46 σ
+2.47 σ
+3.39 σ
 +4.76% 09:30 AM
EWH Hong Kong 17.34
Overvalued
Expensive
Expensive
 15.47 15.38 15.25
+1.59 σ
+2.00 σ
+2.02 σ
 +0.58% 09:30 AM
THD Thailand 16.81
Fair
Fair
Fair
 17.14 17.36 15.92
-0.17 σ
-0.28 σ
+0.38 σ
 +16.11% 09:30 AM
EIS Israel 16.70
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.29 σ
+3.86 σ
+3.75 σ
 +13.53% 09:30 AM
EWS Singapore 16.47
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.69 σ
+2.83 σ
+3.16 σ
 +4.21% 09:30 AM
NORW Norway 16.45
Expensive
Expensive
Expensive
 10.79 12.67 11.62
+2.94 σ
+2.02 σ
+2.93 σ
 +15.08% 09:30 AM
ARGT Argentina 16.28
Overvalued
Expensive
Expensive
 12.94 12.69 10.78
+1.57 σ
+2.58 σ
+2.13 σ
 +9.23% 09:30 AM
EDEN Denmark 16.15
Fair
Fair
Fair
 16.14 18.03 16.56
+0.01 σ
-0.70 σ
-0.22 σ
 -0.84% 09:30 AM
EWD Sweden 15.91
Fair
Fair
Fair
 16.26 16.21 14.92
-0.16 σ
-0.19 σ
+0.62 σ
 +3.77% 09:30 AM
VNM Vietnam 15.75
Fair
Fair
-
 15.24 16.78 -
+0.23 σ
-0.36 σ
-
 -0.08% 09:30 AM
EWP Spain 15.40
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+3.31 σ
+2.58 σ
+2.46 σ
 +8.17% 09:30 AM
EIRL Ireland 15.13
Fair
Fair
Fair
 14.72 15.52 16.18
+0.31 σ
-0.21 σ
-0.43 σ
 +8.42% 09:30 AM
TUR Turkey 14.87
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+3.24 σ
+6.54 σ
+4.25 σ
 +4.44% 09:30 AM
EWO Austria 14.81
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.91 σ
+2.75 σ
+3.03 σ
 +17.35% 09:30 AM
EWI Italy 14.69
Expensive
Expensive
Expensive
 10.62 11.48 11.17
+2.28 σ
+2.12 σ
+2.21 σ
 +8.98% 09:30 AM
EWM Malaysia 14.41
Fair
Fair
Fair
 14.44 15.09 14.73
-0.04 σ
-0.89 σ
-0.41 σ
 +2.20% 09:30 AM
EPU Perù 14.23
Overvalued
Fair
Overvalued
 12.14 12.85 12.33
+1.04 σ
+0.94 σ
+1.33 σ
 +14.57% 09:30 AM
ECH Chile 12.94
Overvalued
Fair
Fair
 10.11 13.15 14.54
+1.17 σ
-0.07 σ
-0.88 σ
 +3.98% 09:30 AM
EWW Mexico 12.82
Fair
Fair
Fair
 12.50 13.59 14.26
+0.37 σ
-0.56 σ
-0.83 σ
 +7.49% 09:30 AM
EPOL Poland 12.79
Overvalued
Overvalued
Overvalued
 10.13 11.06 11.45
+1.30 σ
+1.25 σ
+1.09 σ
 +13.25% 09:30 AM
COLO Colombia 12.29
Expensive
Overvalued
Fair
 7.21 9.44 12.34
+3.34 σ
+1.30 σ
-0.02 σ
 +9.55% 09:30 AM
EWZ Brazil 11.33
Expensive
Fair
Fair
 8.05 10.06 10.06
+2.35 σ
+0.66 σ
+0.87 σ
 +0.97% 09:30 AM
QAT Qatar 11.20
Fair
Undervalued
-
 12.67 13.37 -
-0.83 σ
-1.65 σ
-
 -3.34% 09:30 AM
GREK Greece 11.11
Fair
Fair
Fair
 9.37 11.34 10.92
+0.96 σ
-0.12 σ
+0.08 σ
 +8.56% 09:30 AM
FXI China 9.68
Fair
Undervalued
Fair
 10.03 11.16 10.98
-0.38 σ
-1.10 σ
-0.78 σ
 -7.35% 09:30 AM
EZA South Africa 9.62
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.61 σ
-1.23 σ
-1.34 σ
 +0.15% 09:30 AM
EIDO Indonesia 8.84
Cheap
Cheap
Cheap
 12.66 14.06 13.66
-3.15 σ
-3.51 σ
-3.97 σ
 -30.45% 09:30 AM
EPHE Philippines 8.21
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.65 σ
-2.40 σ
-3.10 σ
 -3.06% 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).