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 27.81
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+4.50 σ
+6.78 σ
+7.77 σ
 +49.83% 09:30 AM
ENZL New Zealand 27.51
Fair
Fair
Overvalued
 26.97 27.44 21.47
+0.14 σ
+0.02 σ
+1.09 σ
 -0.70% 09:30 AM
VTI United States 26.71
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.50 σ
+2.21 σ
+3.31 σ
 +10.66% 09:30 AM
EWY South Korea 23.32
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+9.74 σ
+10.90 σ
+13.53 σ
 +81.17% 09:30 AM
INDA India 22.75
Fair
Fair
Overvalued
 23.10 20.83 18.05
-0.28 σ
+0.80 σ
+1.63 σ
 -8.06% 09:30 AM
EWL Switzerland 22.57
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.07 σ
+2.17 σ
+2.90 σ
 +3.46% 09:30 AM
EWA Australia 20.84
Overvalued
Expensive
Expensive
 17.40 16.69 14.92
+1.34 σ
+2.23 σ
+3.38 σ
 +5.66% 09:30 AM
EWC Canada 19.97
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.46 σ
+2.65 σ
+4.37 σ
 +9.73% 09:30 AM
EWN Netherlands 19.42
Fair
Overvalued
Expensive
 17.57 17.07 14.43
+0.97 σ
+1.22 σ
+2.05 σ
 +13.24% 09:30 AM
EWJ Japan 18.83
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.69 σ
+2.99 σ
+2.80 σ
 +10.78% 09:30 AM
EWQ France 18.46
Fair
Overvalued
Expensive
 16.60 15.57 13.48
+0.94 σ
+1.64 σ
+2.33 σ
 +2.32% 09:30 AM
EWK Belgium 18.43
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.89 σ
+0.80 σ
+1.31 σ
 +7.39% 09:30 AM
EWG Germany 18.34
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.69 σ
+2.75 σ
+4.17 σ
 +2.61% 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
 +4.86% 09:30 AM
EWH Hong Kong 17.51
Overvalued
Expensive
Expensive
 15.47 15.38 15.25
+1.73 σ
+2.17 σ
+2.19 σ
 +1.59% 09:30 AM
EIS Israel 16.85
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.37 σ
+3.97 σ
+3.85 σ
 +14.75% 09:30 AM
THD Thailand 16.65
Fair
Fair
Fair
 17.14 17.36 15.92
-0.25 σ
-0.37 σ
+0.31 σ
 +15.16% 09:30 AM
EWS Singapore 16.61
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.78 σ
+2.96 σ
+3.30 σ
 +5.14% 09:30 AM
NORW Norway 16.60
Expensive
Expensive
Expensive
 10.79 12.67 11.62
+3.01 σ
+2.09 σ
+3.02 σ
 +16.24% 09:30 AM
ARGT Argentina 16.28
Overvalued
Expensive
Expensive
 12.94 12.69 10.78
+1.57 σ
+2.57 σ
+2.13 σ
 +9.25% 09:30 AM
EDEN Denmark 16.11
Fair
Fair
Fair
 16.14 18.03 16.56
-0.01 σ
-0.72 σ
-0.24 σ
 -1.12% 09:30 AM
EWD Sweden 16.01
Fair
Fair
Fair
 16.26 16.21 14.92
-0.12 σ
-0.13 σ
+0.68 σ
 +4.49% 09:30 AM
VNM Vietnam 15.62
Fair
Fair
-
 15.24 16.78 -
+0.17 σ
-0.41 σ
-
 -0.89% 09:30 AM
EWP Spain 15.38
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+3.29 σ
+2.56 σ
+2.45 σ
 +8.09% 09:30 AM
TUR Turkey 15.03
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+3.30 σ
+6.66 σ
+4.35 σ
 +5.63% 09:30 AM
EIRL Ireland 14.99
Fair
Fair
Fair
 14.72 15.52 16.18
+0.20 σ
-0.28 σ
-0.49 σ
 +7.44% 09:30 AM
EWO Austria 14.71
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.86 σ
+2.69 σ
+2.96 σ
 +16.67% 09:30 AM
EWI Italy 14.63
Expensive
Expensive
Expensive
 10.62 11.48 11.17
+2.25 σ
+2.08 σ
+2.17 σ
 +8.61% 09:30 AM
EWM Malaysia 14.34
Fair
Fair
Fair
 14.44 15.09 14.73
-0.13 σ
-0.98 σ
-0.51 σ
 +1.73% 09:30 AM
EPU Perù 14.27
Overvalued
Fair
Overvalued
 12.14 12.85 12.33
+1.06 σ
+0.97 σ
+1.36 σ
 +15.14% 09:30 AM
EWW Mexico 13.04
Fair
Fair
Fair
 12.50 13.59 14.26
+0.62 σ
-0.40 σ
-0.71 σ
 +9.43% 09:30 AM
ECH Chile 12.79
Overvalued
Fair
Fair
 10.11 13.15 14.54
+1.11 σ
-0.13 σ
-0.97 σ
 +2.83% 09:30 AM
EPOL Poland 12.65
Overvalued
Overvalued
Fair
 10.13 11.06 11.45
+1.23 σ
+1.15 σ
+0.97 σ
 +12.13% 09:30 AM
COLO Colombia 12.39
Expensive
Overvalued
Fair
 7.21 9.44 12.34
+3.40 σ
+1.35 σ
+0.02 σ
 +10.56% 09:30 AM
EWZ Brazil 11.42
Expensive
Fair
Fair
 8.05 10.06 10.06
+2.42 σ
+0.71 σ
+0.94 σ
 +1.87% 09:30 AM
QAT Qatar 11.28
Fair
Undervalued
-
 12.67 13.37 -
-0.78 σ
-1.59 σ
-
 -2.71% 09:30 AM
GREK Greece 11.18
Fair
Fair
Fair
 9.37 11.34 10.92
+1.00 σ
-0.08 σ
+0.12 σ
 +9.35% 09:30 AM
FXI China 9.69
Fair
Undervalued
Fair
 10.03 11.16 10.98
-0.37 σ
-1.09 σ
-0.77 σ
 -7.24% 09:30 AM
EZA South Africa 9.52
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.67 σ
-1.28 σ
-1.40 σ
 -0.84% 09:30 AM
EIDO Indonesia 9.03
Cheap
Cheap
Cheap
 12.66 14.06 13.66
-3.00 σ
-3.39 σ
-3.82 σ
 -29.16% 09:30 AM
EPHE Philippines 8.24
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.63 σ
-2.39 σ
-3.08 σ
 -2.66% 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).