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 26.29
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.33 σ
+2.07 σ
+3.16 σ
 +8.34% 09:30 AM
ENZL New Zealand 26.17
Fair
Fair
Fair
 26.97 27.44 21.47
-0.21 σ
-0.32 σ
+0.85 σ
 +1.47% 09:30 AM
EWT Taiwan 24.78
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+3.33 σ
+5.15 σ
+6.05 σ
 +41.61% 09:30 AM
EWL Switzerland 23.32
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.37 σ
+2.57 σ
+3.23 σ
 +5.71% 09:30 AM
INDA India 22.97
Fair
Fair
Overvalued
 23.10 20.83 18.05
-0.10 σ
+0.89 σ
+1.71 σ
 -6.16% 09:30 AM
EWA Australia 20.88
Overvalued
Expensive
Expensive
 17.40 16.69 14.92
+1.35 σ
+2.25 σ
+3.40 σ
 +5.63% 09:30 AM
EWY South Korea 20.32
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+7.46 σ
+8.39 σ
+10.50 σ
 +65.47% 09:30 AM
EWN Netherlands 19.63
Overvalued
Overvalued
Expensive
 17.57 17.07 14.43
+1.08 σ
+1.32 σ
+2.14 σ
 +16.03% 09:30 AM
EWC Canada 19.28
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.20 σ
+2.25 σ
+3.82 σ
 +8.55% 09:30 AM
EWK Belgium 18.98
Overvalued
Overvalued
Overvalued
 16.09 16.87 14.99
+1.09 σ
+1.08 σ
+1.52 σ
 +11.29% 09:30 AM
EWJ Japan 18.84
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.70 σ
+3.00 σ
+2.81 σ
 +8.81% 09:30 AM
EIS Israel 18.40
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+3.12 σ
+5.11 σ
+4.86 σ
 +13.24% 09:30 AM
EWH Hong Kong 18.07
Expensive
Expensive
Expensive
 15.47 15.38 15.25
+2.22 σ
+2.75 σ
+2.74 σ
 -2.34% 09:30 AM
EWU United Kingdom 18.07
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.46 σ
+2.46 σ
+3.39 σ
 +5.43% 09:30 AM
EWQ France 17.99
Fair
Overvalued
Expensive
 16.60 15.57 13.48
+0.70 σ
+1.37 σ
+2.11 σ
 +3.97% 09:30 AM
EWG Germany 17.74
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.44 σ
+2.39 σ
+3.74 σ
 +0.90% 09:30 AM
TUR Turkey 16.82
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+3.99 σ
+8.05 σ
+5.45 σ
 +5.43% 09:30 AM
VNM Vietnam 16.56
Fair
Fair
-
 15.24 16.78 -
+0.60 σ
-0.07 σ
-
 -2.60% 09:30 AM
THD Thailand 16.43
Fair
Fair
Fair
 17.14 17.36 15.92
-0.36 σ
-0.48 σ
+0.22 σ
 +15.19% 09:30 AM
NORW Norway 16.34
Expensive
Overvalued
Expensive
 10.79 12.67 11.62
+2.88 σ
+1.96 σ
+2.87 σ
 +12.11% 09:30 AM
EWS Singapore 16.05
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.43 σ
+2.45 σ
+2.73 σ
 +2.58% 09:30 AM
EDEN Denmark 16.04
Fair
Fair
Fair
 16.14 18.03 16.56
-0.04 σ
-0.75 σ
-0.28 σ
 -0.06% 09:30 AM
EWD Sweden 15.57
Fair
Fair
Fair
 16.26 16.21 14.92
-0.32 σ
-0.41 σ
+0.41 σ
 +3.52% 09:30 AM
ARGT Argentina 15.50
Overvalued
Expensive
Overvalued
 12.94 12.69 10.78
+1.20 σ
+2.02 σ
+1.83 σ
 +11.10% 09:30 AM
EIRL Ireland 15.11
Fair
Fair
Fair
 14.72 15.52 16.18
+0.29 σ
-0.22 σ
-0.44 σ
 +9.71% 09:30 AM
EWP Spain 15.03
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+3.00 σ
+2.30 σ
+2.22 σ
 +9.58% 09:30 AM
EPU Perù 14.94
Overvalued
Overvalued
Overvalued
 12.14 12.85 12.33
+1.39 σ
+1.42 σ
+1.83 σ
 +17.61% 09:30 AM
EWM Malaysia 14.92
Fair
Fair
Fair
 14.44 15.09 14.73
+0.59 σ
-0.22 σ
+0.23 σ
 +1.63% 09:30 AM
EWI Italy 14.40
Expensive
Overvalued
Expensive
 10.62 11.48 11.17
+2.11 σ
+1.92 σ
+2.02 σ
 +11.30% 09:30 AM
EWO Austria 14.34
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.69 σ
+2.49 σ
+2.73 σ
 +19.13% 09:30 AM
ECH Chile 13.25
Overvalued
Fair
Fair
 10.11 13.15 14.54
+1.30 σ
+0.04 σ
-0.71 σ
 +5.89% 09:30 AM
EWZ Brazil 13.08
Expensive
Overvalued
Expensive
 8.05 10.06 10.06
+3.61 σ
+1.57 σ
+2.07 σ
 +1.32% 09:30 AM
EWW Mexico 12.98
Fair
Fair
Fair
 12.50 13.59 14.26
+0.55 σ
-0.44 σ
-0.74 σ
 +8.30% 09:30 AM
EPOL Poland 12.69
Overvalued
Overvalued
Overvalued
 10.13 11.06 11.45
+1.25 σ
+1.18 σ
+1.01 σ
 +13.92% 09:30 AM
COLO Colombia 12.05
Expensive
Overvalued
Fair
 7.21 9.44 12.34
+3.18 σ
+1.19 σ
-0.10 σ
 +16.53% 09:30 AM
QAT Qatar 11.35
Fair
Undervalued
-
 12.67 13.37 -
-0.74 σ
-1.53 σ
-
 -3.31% 09:30 AM
GREK Greece 11.33
Overvalued
Fair
Fair
 9.37 11.34 10.92
+1.08 σ
-0.00 σ
+0.19 σ
 +12.40% 09:30 AM
EIDO Indonesia 10.81
Undervalued
Cheap
Cheap
 12.66 14.06 13.66
-1.53 σ
-2.19 σ
-2.35 σ
 -26.97% 09:30 AM
FXI China 10.08
Fair
Fair
Fair
 10.03 11.16 10.98
+0.05 σ
-0.80 σ
-0.54 σ
 -8.05% 09:30 AM
EZA South Africa 9.99
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.41 σ
-1.04 σ
-1.12 σ
 -2.03% 09:30 AM
EPHE Philippines 8.48
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.54 σ
-2.30 σ
-2.98 σ
 -1.45% 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).