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 28.45
Fair
Fair
Overvalued
 27.14 27.32 21.25
+0.33 σ
+0.28 σ
+1.30 σ
 -6.88% 12:35 PM
VTI United States 26.13
Overvalued
Expensive
Expensive
 22.55 19.97 16.71
+1.45 σ
+2.20 σ
+3.30 σ
 -2.88% 01:00 PM
EWT Taiwan 23.18
Expensive
Expensive
Expensive
 16.01 15.02 14.05
+3.08 σ
+4.58 σ
+5.45 σ
 +9.03% 01:00 PM
EWL Switzerland 22.75
Overvalued
Expensive
Expensive
 19.71 18.24 15.83
+1.31 σ
+2.53 σ
+3.15 σ
 +0.13% 01:00 PM
EWA Australia 21.75
Overvalued
Expensive
Expensive
 17.19 16.53 14.85
+1.88 σ
+2.98 σ
+4.17 σ
 +1.56% 12:59 PM
EWH Hong Kong 19.87
Expensive
Expensive
Expensive
 15.46 15.28 15.23
+3.81 σ
+4.94 σ
+4.61 σ
 +3.50% 01:00 PM
EWC Canada 19.46
Overvalued
Expensive
Expensive
 15.82 15.30 14.41
+1.46 σ
+2.67 σ
+4.17 σ
 +5.24% 01:00 PM
EWY South Korea 19.39
Expensive
Expensive
Expensive
 10.45 10.22 9.91
+7.79 σ
+8.45 σ
+9.98 σ
 +28.62% 01:00 PM
EWQ France 19.21
Overvalued
Expensive
Expensive
 16.56 15.43 13.40
+1.37 σ
+2.21 σ
+2.81 σ
 -4.31% 12:56 PM
EWU United Kingdom 19.02
Expensive
Expensive
Expensive
 13.24 13.38 12.32
+2.02 σ
+3.19 σ
+4.11 σ
 +3.03% 09:30 AM
EWK Belgium 18.76
Fair
Fair
Overvalued
 16.15 16.90 14.88
+0.97 σ
+0.95 σ
+1.48 σ
 -0.75% 12:52 PM
EWJ Japan 18.73
Expensive
Expensive
Expensive
 14.84 14.29 14.43
+2.72 σ
+3.14 σ
+2.73 σ
 +0.88% 01:00 PM
EWN Netherlands 18.03
Fair
Fair
Overvalued
 17.92 16.96 14.35
+0.05 σ
+0.55 σ
+1.55 σ
 -1.35% 12:52 PM
EWG Germany 17.38
Overvalued
Expensive
Expensive
 14.19 13.68 12.46
+1.44 σ
+2.45 σ
+3.69 σ
 -8.09% 12:58 PM
ARGT Argentina 17.13
Expensive
Expensive
Expensive
 12.65 12.50 10.68
+2.29 σ
+3.51 σ
+2.57 σ
 +4.50% 12:56 PM
EWD Sweden 17.09
Fair
Fair
Overvalued
 16.45 16.15 14.88
+0.27 σ
+0.61 σ
+1.40 σ
 -2.12% 12:43 PM
EWS Singapore 16.61
Expensive
Expensive
Expensive
 13.69 13.28 13.39
+2.02 σ
+3.22 σ
+3.40 σ
 -0.17% 12:57 PM
EIS Israel 16.35
Expensive
Expensive
Expensive
 11.90 11.35 10.98
+2.28 σ
+3.87 σ
+3.52 σ
 +9.39% 12:56 PM
EPU Perù 16.33
Expensive
Expensive
Expensive
 12.09 12.83 12.31
+2.18 σ
+2.43 σ
+2.79 σ
 +18.17% 12:58 PM
EZA South Africa 15.95
Expensive
Overvalued
Expensive
 10.68 12.13 11.91
+3.08 σ
+1.95 σ
+2.42 σ
 +0.44% 12:51 PM
EWM Malaysia 15.62
Overvalued
Fair
Overvalued
 14.36 15.09 14.71
+1.61 σ
+0.70 σ
+1.15 σ
 +8.12% 12:57 PM
NORW Norway 15.48
Expensive
Overvalued
Expensive
 10.79 12.64 11.58
+2.43 σ
+1.54 σ
+2.42 σ
 +18.11% 12:59 PM
EWP Spain 15.42
Expensive
Expensive
Expensive
 11.29 11.89 11.56
+3.32 σ
+2.83 σ
+2.55 σ
 +4.13% 12:59 PM
EDEN Denmark 15.29
Fair
Undervalued
Fair
 16.62 18.14 16.55
-0.45 σ
-1.08 σ
-0.69 σ
 -9.71% 12:07 PM
VNM Vietnam 15.26
Fair
Fair
-
 15.52 16.63 -
-0.10 σ
-0.45 σ
-
 -4.10% 12:58 PM
THD Thailand 15.11
Undervalued
Undervalued
Fair
 17.47 17.50 15.84
-1.08 σ
-1.19 σ
-0.30 σ
 +10.70% 01:00 PM
EWO Austria 15.05
Expensive
Expensive
Expensive
 8.35 9.63 9.95
+3.44 σ
+2.96 σ
+3.18 σ
 +5.26% 12:42 PM
EWW Mexico 14.87
Expensive
Fair
Fair
 12.52 13.67 14.27
+2.60 σ
+0.81 σ
+0.35 σ
 +7.81% 01:00 PM
ECH Chile 14.76
Overvalued
Fair
Fair
 10.14 13.17 14.57
+1.87 σ
+0.57 σ
+0.10 σ
 +7.22% 12:59 PM
EIRL Ireland 14.48
Fair
Fair
Fair
 15.09 15.59 16.16
-0.32 σ
-0.60 σ
-0.70 σ
 -2.53% 11:23 AM
TUR Turkey 13.80
Expensive
Expensive
Expensive
 6.08 6.44 7.94
+3.99 σ
+6.07 σ
+3.62 σ
 +7.40% 01:00 PM
EWZ Brazil 13.57
Expensive
Overvalued
Expensive
 7.97 10.03 9.99
+4.42 σ
+1.87 σ
+2.46 σ
 +15.91% 12:59 PM
EWI Italy 13.31
Overvalued
Overvalued
Overvalued
 10.61 11.44 11.16
+1.52 σ
+1.26 σ
+1.35 σ
 -0.98% 12:59 PM
EPOL Poland 13.26
Overvalued
Overvalued
Overvalued
 10.15 11.04 11.45
+1.49 σ
+1.61 σ
+1.47 σ
 +2.52% 12:59 PM
INDA India 12.03
Cheap
Cheap
Cheap
 23.10 20.73 18.02
-8.96 σ
-3.56 σ
-2.11 σ
 -13.06% 12:59 PM
EIDO Indonesia 11.91
Fair
Undervalued
Undervalued
 12.89 14.17 13.66
-0.76 σ
-1.58 σ
-1.45 σ
 -13.25% 12:58 PM
COLO Colombia 11.77
Expensive
Overvalued
Fair
 7.21 9.46 12.41
+2.99 σ
+1.04 σ
-0.22 σ
 +10.52% 12:55 PM
QAT Qatar 11.77
Fair
Undervalued
-
 13.01 13.38 -
-0.61 σ
-1.24 σ
-
 -5.68% 12:14 PM
GREK Greece 11.47
Overvalued
Fair
Fair
 9.47 11.35 10.97
+1.03 σ
+0.06 σ
+0.23 σ
 -5.02% 12:45 PM
FXI China 10.06
Fair
Fair
Fair
 10.21 11.17 11.02
-0.14 σ
-0.83 σ
-0.57 σ
 -9.34% 01:00 PM
EPHE Philippines 9.99
Undervalued
Undervalued
Cheap
 12.63 14.92 15.20
-1.06 σ
-1.89 σ
-2.39 σ
 -5.04% 12:54 PM
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).