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 28.48
Expensive
Expensive
Expensive
 22.65 20.07 16.76
+2.31 σ
+2.95 σ
+4.04 σ
 +4.75% 09:30 AM
ENZL New Zealand 28.04
Fair
Fair
Overvalued
 27.07 27.37 21.33
+0.25 σ
+0.17 σ
+1.22 σ
 -1.14% 09:30 AM
EWL Switzerland 22.58
Overvalued
Expensive
Expensive
 19.81 18.31 15.86
+1.17 σ
+2.34 σ
+3.01 σ
 +6.38% 09:30 AM
EWT Taiwan 21.96
Expensive
Expensive
Expensive
 16.05 15.08 14.09
+2.46 σ
+3.81 σ
+4.63 σ
 +23.13% 09:30 AM
INDA India 21.57
Undervalued
Fair
Overvalued
 23.07 20.73 18.00
-1.17 σ
+0.34 σ
+1.25 σ
 -5.24% 09:30 AM
EWA Australia 20.77
Overvalued
Expensive
Expensive
 17.27 16.59 14.88
+1.41 σ
+2.34 σ
+3.50 σ
 +11.18% 09:30 AM
EWC Canada 19.34
Overvalued
Expensive
Expensive
 15.91 15.34 14.42
+1.34 σ
+2.47 σ
+4.00 σ
 +11.72% 09:30 AM
EWK Belgium 18.33
Fair
Fair
Overvalued
 16.14 16.89 14.92
+0.81 σ
+0.73 σ
+1.30 σ
 +9.38% 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
 +9.99% 09:30 AM
EWQ France 17.86
Fair
Overvalued
Expensive
 16.58 15.49 13.42
+0.65 σ
+1.37 σ
+2.12 σ
 +4.24% 09:30 AM
EWH Hong Kong 17.81
Expensive
Expensive
Expensive
 15.46 15.32 15.24
+2.03 σ
+2.65 σ
+2.53 σ
 +7.07% 09:30 AM
EWN Netherlands 17.69
Fair
Fair
Overvalued
 17.80 17.00 14.37
-0.05 σ
+0.36 σ
+1.38 σ
 +9.19% 09:30 AM
EWD Sweden 17.50
Fair
Fair
Overvalued
 16.40 16.18 14.89
+0.48 σ
+0.84 σ
+1.63 σ
 +9.57% 09:30 AM
EIS Israel 17.44
Expensive
Expensive
Expensive
 11.92 11.39 10.98
+2.79 σ
+4.61 σ
+4.23 σ
 +18.98% 09:30 AM
NORW Norway 17.35
Expensive
Expensive
Expensive
 10.79 12.65 11.60
+3.40 σ
+2.54 σ
+3.54 σ
 +22.35% 09:30 AM
EWJ Japan 17.22
Overvalued
Expensive
Overvalued
 14.84 14.34 14.43
+1.66 σ
+2.01 σ
+1.77 σ
 +8.22% 09:30 AM
EWG Germany 17.01
Overvalued
Expensive
Expensive
 14.24 13.74 12.48
+1.22 σ
+2.10 σ
+3.35 σ
 +1.00% 09:30 AM
EDEN Denmark 16.68
Fair
Fair
Fair
 16.46 18.10 16.56
+0.08 σ
-0.53 σ
+0.07 σ
 +0.24% 09:30 AM
EWY South Korea 16.54
Expensive
Expensive
Expensive
 10.45 10.24 9.92
+5.25 σ
+5.62 σ
+6.87 σ
 +45.91% 09:30 AM
EWS Singapore 16.05
Overvalued
Expensive
Expensive
 13.74 13.32 13.39
+1.55 σ
+2.61 σ
+2.78 σ
 +4.51% 09:30 AM
ARGT Argentina 15.92
Overvalued
Expensive
Expensive
 12.77 12.57 10.71
+1.55 σ
+2.48 σ
+2.05 σ
 +8.95% 09:30 AM
TUR Turkey 15.88
Expensive
Expensive
Expensive
 6.21 6.45 7.94
+4.53 σ
+7.62 σ
+4.91 σ
 +18.30% 09:30 AM
THD Thailand 15.85
Fair
Fair
Fair
 17.35 17.45 15.87
-0.71 σ
-0.80 σ
-0.01 σ
 +17.22% 09:30 AM
VNM Vietnam 15.40
Fair
Fair
-
 15.43 16.68 -
-0.01 σ
-0.43 σ
-
 +4.86% 09:30 AM
EWM Malaysia 15.02
Fair
Fair
Fair
 14.40 15.09 14.72
+0.78 σ
-0.10 σ
+0.38 σ
 +7.15% 09:30 AM
EWP Spain 14.62
Expensive
Expensive
Expensive
 11.29 11.92 11.57
+2.67 σ
+2.10 σ
+2.00 σ
 +12.70% 09:30 AM
EWO Austria 14.59
Expensive
Expensive
Expensive
 8.38 9.64 9.95
+3.09 σ
+2.68 σ
+2.89 σ
 +18.03% 09:30 AM
EPU Perù 14.53
Overvalued
Overvalued
Overvalued
 12.12 12.86 12.31
+1.20 σ
+1.13 σ
+1.54 σ
 +22.59% 09:30 AM
EWW Mexico 14.16
Overvalued
Fair
Fair
 12.52 13.66 14.28
+1.81 σ
+0.34 σ
-0.07 σ
 +15.07% 09:30 AM
ECH Chile 14.14
Overvalued
Fair
Fair
 10.14 13.17 14.56
+1.62 σ
+0.35 σ
-0.23 σ
 +18.32% 09:30 AM
EWI Italy 13.66
Overvalued
Overvalued
Overvalued
 10.61 11.46 11.16
+1.72 σ
+1.47 σ
+1.57 σ
 +10.42% 09:30 AM
EIRL Ireland 13.54
Fair
Undervalued
Undervalued
 14.97 15.57 16.17
-0.82 σ
-1.09 σ
-1.08 σ
 +5.19% 09:30 AM
EWZ Brazil 13.29
Expensive
Overvalued
Expensive
 7.99 10.04 10.02
+4.06 σ
+1.70 σ
+2.25 σ
 +27.20% 09:30 AM
QAT Qatar 12.63
Fair
Fair
-
 12.91 13.39 -
-0.14 σ
-0.58 σ
-
 +0.56% 09:30 AM
EPOL Poland 12.56
Overvalued
Overvalued
Fair
 10.16 11.05 11.46
+1.15 σ
+1.09 σ
+0.89 σ
 +16.95% 09:30 AM
COLO Colombia 11.78
Expensive
Overvalued
Fair
 7.21 9.46 12.38
+3.00 σ
+1.04 σ
-0.21 σ
 +15.67% 09:30 AM
EIDO Indonesia 11.68
Fair
Undervalued
Undervalued
 12.83 14.14 13.67
-0.92 σ
-1.71 σ
-1.66 σ
 -8.70% 09:30 AM
GREK Greece 10.37
Fair
Fair
Fair
 9.45 11.36 10.96
+0.48 σ
-0.51 σ
-0.27 σ
 +9.73% 09:30 AM
EZA South Africa 9.94
Fair
Undervalued
Undervalued
 10.75 12.13 11.93
-0.45 σ
-1.12 σ
-1.18 σ
 +11.10% 09:30 AM
FXI China 9.91
Fair
Fair
Fair
 10.16 11.17 11.02
-0.23 σ
-0.94 σ
-0.65 σ
 -4.80% 09:30 AM
EPHE Philippines 8.88
Undervalued
Cheap
Cheap
 12.51 14.84 15.19
-1.47 σ
-2.26 σ
-2.86 σ
 -1.10% 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).