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 28.18
Expensive
Expensive
Expensive
 16.79 15.51 14.32
+3.65 σ
+6.23 σ
+7.39 σ
 +25.20% 09:30 AM
ENZL New Zealand 25.74
Fair
Fair
Fair
 26.77 27.54 21.73
-0.27 σ
-0.45 σ
+0.74 σ
 -1.67% 09:30 AM
EWL Switzerland 24.34
Overvalued
Expensive
Expensive
 20.31 18.70 16.10
+1.54 σ
+2.69 σ
+3.42 σ
 -2.80% 09:30 AM
VTI United States 24.28
Fair
Overvalued
Expensive
 23.12 20.58 17.06
+0.43 σ
+1.23 σ
+2.29 σ
 +6.82% 09:30 AM
INDA India 22.15
Fair
Fair
Overvalued
 23.05 21.03 18.19
-0.70 σ
+0.48 σ
+1.35 σ
 -4.74% 09:30 AM
EWA Australia 20.70
Overvalued
Overvalued
Expensive
 17.72 16.86 15.06
+1.10 σ
+1.93 σ
+3.04 σ
 +0.18% 09:30 AM
EWC Canada 19.46
Overvalued
Expensive
Expensive
 16.44 15.52 14.54
+1.07 σ
+2.10 σ
+3.63 σ
 +3.46% 09:30 AM
EWN Netherlands 18.80
Fair
Fair
Overvalued
 17.40 17.28 14.59
+0.91 σ
+0.78 σ
+1.69 σ
 +2.07% 09:30 AM
EWS Singapore 18.75
Expensive
Expensive
Expensive
 14.05 13.55 13.45
+2.65 σ
+4.36 σ
+5.19 σ
 +4.61% 09:30 AM
EWG Germany 17.87
Overvalued
Expensive
Expensive
 14.59 14.05 12.60
+1.28 σ
+2.15 σ
+3.54 σ
 -2.70% 09:30 AM
EWQ France 17.17
Fair
Fair
Overvalued
 16.66 15.73 13.60
+0.25 σ
+0.81 σ
+1.63 σ
 -8.01% 09:30 AM
EIS Israel 16.81
Overvalued
Expensive
Expensive
 12.29 11.63 11.00
+1.86 σ
+3.52 σ
+3.71 σ
 -3.40% 09:30 AM
EWU United Kingdom 16.71
Fair
Overvalued
Expensive
 13.94 13.50 12.46
+0.86 σ
+1.63 σ
+2.42 σ
 +0.09% 09:30 AM
EDEN Denmark 16.23
Fair
Fair
Fair
 15.79 17.93 16.60
+0.22 σ
-0.63 σ
-0.20 σ
 -2.42% 09:30 AM
EIRL Ireland 16.08
Overvalued
Fair
Fair
 14.51 15.52 16.24
+1.85 σ
+0.30 σ
-0.07 σ
 +4.55% 09:30 AM
EWP Spain 16.06
Expensive
Expensive
Expensive
 11.34 12.08 11.64
+3.48 σ
+2.73 σ
+2.75 σ
 +1.00% 09:30 AM
EWJ Japan 15.27
Fair
Fair
Fair
 15.04 14.64 14.45
+0.14 σ
+0.40 σ
+0.51 σ
 +6.94% 09:30 AM
EWD Sweden 14.94
Fair
Fair
Fair
 15.96 16.22 14.98
-0.50 σ
-0.82 σ
-0.02 σ
 -0.57% 09:30 AM
EWI Italy 14.58
Overvalued
Overvalued
Expensive
 10.74 11.57 11.21
+1.99 σ
+1.89 σ
+2.06 σ
 -2.46% 09:30 AM
THD Thailand 14.57
Undervalued
Undervalued
Fair
 16.67 17.15 15.98
-1.19 σ
-1.38 σ
-0.62 σ
 +1.59% 09:30 AM
EWK Belgium 14.41
Fair
Undervalued
Fair
 15.88 16.76 15.10
-0.58 σ
-1.24 σ
-0.27 σ
 -3.80% 09:30 AM
EWO Austria 14.04
Expensive
Expensive
Expensive
 8.74 9.80 9.97
+2.05 σ
+2.14 σ
+2.49 σ
 +1.99% 09:30 AM
ARGT Argentina 13.99
Fair
Fair
Overvalued
 13.20 12.87 10.85
+0.36 σ
+0.79 σ
+1.22 σ
 -4.14% 09:30 AM
EPOL Poland 13.54
Overvalued
Overvalued
Overvalued
 10.14 11.11 11.49
+1.64 σ
+1.70 σ
+1.65 σ
 +11.66% 09:30 AM
VNM Vietnam 13.51
Fair
Undervalued
-
 14.89 16.92 -
-0.72 σ
-1.27 σ
-
 -8.65% 09:30 AM
NORW Norway 13.35
Overvalued
Fair
Fair
 10.76 12.67 11.69
+1.37 σ
+0.36 σ
+1.00 σ
 +1.52% 09:30 AM
EWH Hong Kong 13.32
Undervalued
Cheap
Undervalued
 15.44 15.44 15.27
-1.70 σ
-2.02 σ
-1.83 σ
 -1.79% 09:30 AM
EWM Malaysia 12.99
Undervalued
Cheap
Cheap
 14.44 15.01 14.74
-1.76 σ
-2.48 σ
-2.29 σ
 -5.10% 09:30 AM
GREK Greece 12.48
Overvalued
Fair
Fair
 9.32 11.31 10.90
+1.80 σ
+0.60 σ
+0.73 σ
 +8.40% 09:30 AM
EWW Mexico 12.46
Fair
Fair
Undervalued
 12.35 13.41 14.25
+0.16 σ
-0.75 σ
-1.03 σ
 -3.50% 09:30 AM
ECH Chile 12.25
Fair
Fair
Undervalued
 10.03 13.05 14.45
+0.96 σ
-0.29 σ
-1.21 σ
 -8.90% 09:30 AM
TUR Turkey 11.75
Overvalued
Expensive
Expensive
 7.26 6.60 7.99
+1.42 σ
+3.24 σ
+2.25 σ
 -13.22% 09:30 AM
EWZ Brazil 10.80
Overvalued
Fair
Fair
 8.29 10.06 10.14
+1.52 σ
+0.39 σ
+0.46 σ
 +16.54% 09:30 AM
EZA South Africa 10.72
Fair
Fair
Fair
 10.68 11.80 11.88
+0.02 σ
-0.55 σ
-0.67 σ
 -6.76% 09:30 AM
QAT Qatar 10.41
Undervalued
Cheap
-
 12.20 13.29 -
-1.29 σ
-2.09 σ
-
 -13.97% 09:30 AM
COLO Colombia 10.36
Overvalued
Fair
Fair
 7.29 9.43 12.22
+1.87 σ
+0.43 σ
-0.68 σ
 +15.94% 09:30 AM
FXI China 9.44
Fair
Undervalued
Fair
 9.82 11.08 10.94
-0.49 σ
-1.17 σ
-0.88 σ
 -5.30% 09:30 AM
EWY South Korea 9.18
Fair
Fair
Fair
 10.84 10.40 9.98
-0.88 σ
-0.92 σ
-0.78 σ
 +4.55% 09:30 AM
EPU Perù 9.13
Undervalued
Cheap
Cheap
 12.32 12.86 12.41
-1.56 σ
-2.44 σ
-2.33 σ
 +5.58% 09:30 AM
EIDO Indonesia 8.84
Cheap
Cheap
Cheap
 12.32 13.86 13.66
-3.12 σ
-3.27 σ
-3.95 σ
 -19.41% 09:30 AM
EPHE Philippines 7.72
Undervalued
Cheap
Cheap
 11.56 14.31 15.13
-1.84 σ
-2.38 σ
-3.21 σ
 -9.33% 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).