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 28.89
Expensive
Expensive
Expensive
 16.46 15.36 14.24
+4.40 σ
+7.02 σ
+8.09 σ
 +31.59% 09:30 AM
VTI United States 27.30
Overvalued
Expensive
Expensive
 23.01 20.44 16.95
+1.59 σ
+2.28 σ
+3.37 σ
 +9.96% 09:30 AM
ENZL New Zealand 26.53
Fair
Fair
Fair
 26.88 27.50 21.60
-0.09 σ
-0.24 σ
+0.90 σ
 +3.04% 09:30 AM
EWL Switzerland 25.54
Expensive
Expensive
Expensive
 20.13 18.57 16.02
+2.13 σ
+3.48 σ
+4.06 σ
 +4.60% 09:30 AM
INDA India 22.67
Fair
Fair
Overvalued
 23.13 20.95 18.14
-0.36 σ
+0.72 σ
+1.56 σ
 -1.30% 09:30 AM
EWN Netherlands 21.07
Expensive
Overvalued
Expensive
 17.47 17.18 14.52
+2.15 σ
+1.98 σ
+2.66 σ
 +12.66% 09:30 AM
EWA Australia 21.02
Overvalued
Expensive
Expensive
 17.56 16.79 14.99
+1.31 σ
+2.20 σ
+3.34 σ
 +6.33% 09:30 AM
EWC Canada 20.60
Overvalued
Expensive
Expensive
 16.25 15.47 14.50
+1.58 σ
+2.85 σ
+4.70 σ
 +9.99% 09:30 AM
EWS Singapore 19.26
Expensive
Expensive
Expensive
 13.92 13.47 13.43
+3.22 σ
+5.11 σ
+5.86 σ
 +15.98% 09:30 AM
EWJ Japan 19.23
Expensive
Expensive
Expensive
 14.93 14.55 14.44
+2.78 σ
+3.11 σ
+3.00 σ
 +11.11% 09:30 AM
EWQ France 18.20
Fair
Overvalued
Expensive
 16.64 15.67 13.54
+0.78 σ
+1.42 σ
+2.14 σ
 +5.02% 09:30 AM
EWG Germany 17.82
Overvalued
Expensive
Expensive
 14.46 13.95 12.56
+1.36 σ
+2.27 σ
+3.65 σ
 +4.38% 09:30 AM
EWH Hong Kong 17.65
Overvalued
Expensive
Expensive
 15.48 15.44 15.28
+1.82 σ
+2.18 σ
+2.26 σ
 -0.90% 09:30 AM
EIS Israel 17.35
Expensive
Expensive
Expensive
 12.11 11.54 10.99
+2.35 σ
+4.13 σ
+4.12 σ
 +3.77% 09:30 AM
EIRL Ireland 17.27
Expensive
Fair
Fair
 14.57 15.53 16.21
+2.80 σ
+0.93 σ
+0.44 σ
 +11.52% 09:30 AM
EWY South Korea 16.68
Expensive
Expensive
Expensive
 10.71 10.36 9.97
+3.63 σ
+4.94 σ
+6.62 σ
 +24.48% 09:30 AM
EDEN Denmark 16.39
Fair
Fair
Fair
 15.95 17.97 16.58
+0.20 σ
-0.59 σ
-0.11 σ
 +2.33% 09:30 AM
EWP Spain 16.05
Expensive
Expensive
Expensive
 11.30 12.03 11.62
+3.73 σ
+2.88 σ
+2.81 σ
 +12.49% 09:30 AM
ARGT Argentina 15.61
Overvalued
Expensive
Overvalued
 13.09 12.79 10.86
+1.17 σ
+2.02 σ
+1.83 σ
 -0.58% 09:30 AM
EWU United Kingdom 15.60
Fair
Overvalued
Overvalued
 13.77 13.50 12.42
+0.57 σ
+1.08 σ
+1.85 σ
 +5.48% 09:30 AM
EWK Belgium 15.45
Fair
Fair
Fair
 16.04 16.85 15.06
-0.23 σ
-0.73 σ
+0.15 σ
 +4.32% 09:30 AM
EWI Italy 15.24
Expensive
Expensive
Expensive
 10.66 11.52 11.19
+2.49 σ
+2.40 σ
+2.51 σ
 +11.85% 09:30 AM
TUR Turkey 14.91
Expensive
Expensive
Expensive
 6.92 6.52 7.98
+2.71 σ
+6.05 σ
+4.20 σ
 +2.20% 09:30 AM
EPOL Poland 14.78
Expensive
Expensive
Expensive
 10.11 11.08 11.47
+2.29 σ
+2.64 σ
+2.69 σ
 +18.35% 09:30 AM
VNM Vietnam 14.66
Fair
Fair
-
 15.09 16.87 -
-0.21 σ
-0.81 σ
-
 -2.13% 09:30 AM
THD Thailand 14.36
Undervalued
Undervalued
Fair
 16.94 17.25 15.96
-1.40 σ
-1.53 σ
-0.69 σ
 +8.91% 09:30 AM
EWD Sweden 14.35
Fair
Undervalued
Fair
 16.13 16.24 14.96
-0.86 σ
-1.23 σ
-0.39 σ
 +3.68% 09:30 AM
EPU Perù 13.84
Fair
Fair
Overvalued
 12.23 12.88 12.38
+0.78 σ
+0.65 σ
+1.03 σ
 +11.93% 09:30 AM
EWM Malaysia 13.54
Undervalued
Undervalued
Undervalued
 14.44 15.06 14.74
-1.12 σ
-1.93 σ
-1.56 σ
 +0.55% 09:30 AM
EWO Austria 13.25
Overvalued
Overvalued
Expensive
 8.61 9.74 9.96
+1.90 σ
+1.82 σ
+2.03 σ
 +16.90% 09:30 AM
NORW Norway 12.99
Overvalued
Fair
Fair
 10.79 12.68 11.66
+1.14 σ
+0.17 σ
+0.80 σ
 +5.88% 09:30 AM
EWW Mexico 12.02
Fair
Undervalued
Undervalued
 12.43 13.50 14.27
-0.52 σ
-1.13 σ
-1.30 σ
 +2.08% 09:30 AM
ECH Chile 12.02
Fair
Fair
Undervalued
 10.07 13.12 14.51
+0.83 σ
-0.40 σ
-1.37 σ
 -1.24% 09:30 AM
COLO Colombia 11.31
Expensive
Fair
Fair
 7.24 9.44 12.29
+2.59 σ
+0.86 σ
-0.35 σ
 +20.65% 09:30 AM
GREK Greece 11.27
Overvalued
Fair
Fair
 9.34 11.33 10.91
+1.08 σ
-0.03 σ
+0.17 σ
 +16.41% 09:30 AM
EWZ Brazil 11.09
Overvalued
Fair
Fair
 8.16 10.08 10.11
+1.90 σ
+0.52 σ
+0.68 σ
 -4.58% 09:30 AM
QAT Qatar 11.01
Fair
Undervalued
-
 12.43 13.34 -
-0.89 σ
-1.73 σ
-
 -5.80% 09:30 AM
FXI China 9.63
Fair
Undervalued
Fair
 9.91 11.13 10.97
-0.35 σ
-1.10 σ
-0.79 σ
 -5.17% 09:30 AM
EIDO Indonesia 9.58
Cheap
Cheap
Cheap
 12.48 13.96 13.66
-2.54 σ
-2.89 σ
-3.36 σ
 -20.02% 09:30 AM
EZA South Africa 8.87
Undervalued
Undervalued
Undervalued
 10.70 11.92 11.90
-1.01 σ
-1.56 σ
-1.77 σ
 -0.57% 09:30 AM
EPHE Philippines 8.62
Undervalued
Cheap
Cheap
 11.90 14.49 15.15
-1.44 σ
-2.15 σ
-2.88 σ
 +2.60% 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).