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 27.92
Expensive
Expensive
Expensive
 22.65 20.07 16.76
+2.09 σ
+2.76 σ
+3.85 σ
 +2.82% 09:30 AM
ENZL New Zealand 27.54
Fair
Fair
Overvalued
 27.07 27.37 21.33
+0.12 σ
+0.04 σ
+1.12 σ
 -2.90% 09:30 AM
EWL Switzerland 22.40
Overvalued
Expensive
Expensive
 19.81 18.31 15.86
+1.10 σ
+2.24 σ
+2.93 σ
 +5.69% 09:30 AM
INDA India 21.27
Undervalued
Fair
Overvalued
 23.07 20.73 18.00
-1.40 σ
+0.22 σ
+1.15 σ
 -6.65% 09:30 AM
EWT Taiwan 21.25
Expensive
Expensive
Expensive
 16.05 15.08 14.09
+2.16 σ
+3.41 σ
+4.21 σ
 +19.56% 09:30 AM
EWA Australia 20.67
Overvalued
Expensive
Expensive
 17.27 16.59 14.88
+1.37 σ
+2.28 σ
+3.44 σ
 +10.81% 09:30 AM
EWC Canada 19.10
Overvalued
Expensive
Expensive
 15.91 15.34 14.42
+1.25 σ
+2.32 σ
+3.81 σ
 +10.56% 09:30 AM
EWK Belgium 18.14
Fair
Fair
Overvalued
 16.14 16.89 14.92
+0.74 σ
+0.63 σ
+1.23 σ
 +8.41% 09:30 AM
EWU United Kingdom 17.90
Overvalued
Expensive
Expensive
 13.35 13.40 12.34
+1.53 σ
+2.50 σ
+3.38 σ
 +10.18% 09:30 AM
EWH Hong Kong 17.84
Expensive
Expensive
Expensive
 15.46 15.32 15.24
+2.06 σ
+2.69 σ
+2.57 σ
 +7.49% 09:30 AM
EWQ France 17.74
Fair
Overvalued
Expensive
 16.58 15.49 13.42
+0.59 σ
+1.30 σ
+2.06 σ
 +3.64% 09:30 AM
NORW Norway 17.62
Expensive
Expensive
Expensive
 10.79 12.65 11.60
+3.54 σ
+2.68 σ
+3.71 σ
 +24.58% 09:30 AM
EWN Netherlands 17.61
Fair
Fair
Overvalued
 17.80 17.00 14.37
-0.08 σ
+0.31 σ
+1.35 σ
 +8.83% 09:30 AM
EWD Sweden 17.31
Fair
Fair
Overvalued
 16.40 16.18 14.89
+0.40 σ
+0.73 σ
+1.52 σ
 +8.60% 09:30 AM
EIS Israel 17.09
Expensive
Expensive
Expensive
 11.92 11.39 10.98
+2.62 σ
+4.35 σ
+4.00 σ
 +17.01% 09:30 AM
EWJ Japan 17.00
Overvalued
Overvalued
Overvalued
 14.84 14.34 14.43
+1.51 σ
+1.85 σ
+1.63 σ
 +7.00% 09:30 AM
EWG Germany 16.78
Overvalued
Overvalued
Expensive
 14.24 13.74 12.48
+1.12 σ
+1.95 σ
+3.18 σ
 -0.37% 09:30 AM
EDEN Denmark 16.21
Fair
Fair
Fair
 16.46 18.10 16.56
-0.09 σ
-0.71 σ
-0.19 σ
 -2.60% 09:30 AM
EWY South Korea 16.11
Expensive
Expensive
Expensive
 10.45 10.24 9.92
+4.88 σ
+5.24 σ
+6.42 σ
 +43.18% 09:30 AM
ARGT Argentina 16.07
Overvalued
Expensive
Expensive
 12.77 12.57 10.71
+1.62 σ
+2.59 σ
+2.11 σ
 +10.10% 09:30 AM
EWS Singapore 15.97
Overvalued
Expensive
Expensive
 13.74 13.32 13.39
+1.49 σ
+2.53 σ
+2.69 σ
 +4.08% 09:30 AM
THD Thailand 15.87
Fair
Fair
Fair
 17.35 17.45 15.87
-0.70 σ
-0.79 σ
+0.00 σ
 +17.82% 09:30 AM
TUR Turkey 15.73
Expensive
Expensive
Expensive
 6.21 6.45 7.94
+4.46 σ
+7.50 σ
+4.81 σ
 +17.59% 09:30 AM
EPU Perù 15.32
Overvalued
Overvalued
Expensive
 12.12 12.86 12.31
+1.59 σ
+1.66 σ
+2.09 σ
 +29.93% 09:30 AM
VNM Vietnam 15.10
Fair
Fair
-
 15.43 16.68 -
-0.14 σ
-0.54 σ
-
 +3.09% 09:30 AM
EWM Malaysia 15.01
Fair
Fair
Fair
 14.40 15.09 14.72
+0.77 σ
-0.11 σ
+0.37 σ
 +7.29% 09:30 AM
EWP Spain 14.52
Expensive
Expensive
Overvalued
 11.29 11.92 11.57
+2.60 σ
+2.03 σ
+1.94 σ
 +12.29% 09:30 AM
EWO Austria 14.28
Expensive
Expensive
Expensive
 8.38 9.64 9.95
+2.94 σ
+2.51 σ
+2.70 σ
 +15.88% 09:30 AM
EWW Mexico 14.14
Overvalued
Fair
Fair
 12.52 13.66 14.28
+1.79 σ
+0.33 σ
-0.08 σ
 +15.25% 09:30 AM
ECH Chile 13.87
Overvalued
Fair
Fair
 10.14 13.17 14.56
+1.51 σ
+0.25 σ
-0.38 σ
 +16.48% 09:30 AM
EWI Italy 13.49
Overvalued
Overvalued
Overvalued
 10.61 11.46 11.16
+1.62 σ
+1.36 σ
+1.46 σ
 +9.28% 09:30 AM
EWZ Brazil 13.27
Expensive
Overvalued
Expensive
 7.99 10.04 10.02
+4.04 σ
+1.69 σ
+2.24 σ
 +27.53% 09:30 AM
EIRL Ireland 13.26
Fair
Undervalued
Undervalued
 14.97 15.57 16.17
-0.98 σ
-1.24 σ
-1.20 σ
 +3.14% 09:30 AM
QAT Qatar 12.46
Fair
Fair
-
 12.91 13.39 -
-0.23 σ
-0.71 σ
-
 -0.75% 09:30 AM
EPOL Poland 12.33
Overvalued
Fair
Fair
 10.16 11.05 11.46
+1.04 σ
+0.93 σ
+0.71 σ
 +15.16% 09:30 AM
COLO Colombia 11.95
Expensive
Overvalued
Fair
 7.21 9.46 12.38
+3.12 σ
+1.12 σ
-0.15 σ
 +17.77% 09:30 AM
EIDO Indonesia 11.59
Fair
Undervalued
Undervalued
 12.83 14.14 13.67
-0.99 σ
-1.77 σ
-1.72 σ
 -9.41% 09:30 AM
GREK Greece 10.18
Fair
Fair
Fair
 9.45 11.36 10.96
+0.38 σ
-0.60 σ
-0.36 σ
 +7.93% 09:30 AM
EZA South Africa 9.86
Fair
Undervalued
Undervalued
 10.75 12.13 11.93
-0.50 σ
-1.16 σ
-1.22 σ
 +10.53% 09:30 AM
FXI China 9.78
Fair
Undervalued
Fair
 10.16 11.17 11.02
-0.35 σ
-1.04 σ
-0.73 σ
 -6.06% 09:30 AM
EPHE Philippines 8.87
Undervalued
Cheap
Cheap
 12.51 14.84 15.19
-1.48 σ
-2.26 σ
-2.87 σ
 -1.27% 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).