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 28.39
Expensive
Expensive
Expensive
 16.46 15.36 14.24
+4.22 σ
+6.76 σ
+7.81 σ
 +27.15% 09:30 AM
ENZL New Zealand 27.66
Fair
Fair
Overvalued
 26.88 27.50 21.60
+0.20 σ
+0.04 σ
+1.10 σ
 +7.26% 09:30 AM
VTI United States 27.03
Overvalued
Expensive
Expensive
 23.01 20.44 16.95
+1.49 σ
+2.20 σ
+3.28 σ
 +8.40% 09:30 AM
EWL Switzerland 25.86
Expensive
Expensive
Expensive
 20.13 18.57 16.02
+2.26 σ
+3.64 σ
+4.20 σ
 +5.47% 09:30 AM
INDA India 22.54
Fair
Fair
Overvalued
 23.13 20.95 18.14
-0.47 σ
+0.67 σ
+1.51 σ
 -2.03% 09:30 AM
EWA Australia 21.21
Overvalued
Expensive
Expensive
 17.56 16.79 14.99
+1.38 σ
+2.29 σ
+3.45 σ
 +6.92% 09:30 AM
EWC Canada 20.84
Overvalued
Expensive
Expensive
 16.25 15.47 14.50
+1.66 σ
+2.98 σ
+4.88 σ
 +10.47% 09:30 AM
EWN Netherlands 20.78
Overvalued
Overvalued
Expensive
 17.47 17.18 14.52
+1.98 σ
+1.84 σ
+2.54 σ
 +10.43% 09:30 AM
EWS Singapore 19.34
Expensive
Expensive
Expensive
 13.92 13.47 13.43
+3.27 σ
+5.17 σ
+5.93 σ
 +15.71% 09:30 AM
EWJ Japan 18.74
Expensive
Expensive
Expensive
 14.93 14.55 14.44
+2.46 σ
+2.79 σ
+2.69 σ
 +7.72% 09:30 AM
EWH Hong Kong 18.36
Expensive
Expensive
Expensive
 15.48 15.44 15.28
+2.42 σ
+2.89 σ
+2.94 σ
 +2.96% 09:30 AM
EWQ France 18.01
Fair
Overvalued
Expensive
 16.64 15.67 13.54
+0.68 σ
+1.32 σ
+2.06 σ
 +3.77% 09:30 AM
EWG Germany 17.97
Overvalued
Expensive
Expensive
 14.46 13.95 12.56
+1.42 σ
+2.36 σ
+3.76 σ
 +5.04% 09:30 AM
EIS Israel 17.22
Expensive
Expensive
Expensive
 12.11 11.54 10.99
+2.29 σ
+4.04 σ
+4.04 σ
 +2.40% 09:30 AM
EDEN Denmark 17.04
Fair
Fair
Fair
 15.95 17.97 16.58
+0.50 σ
-0.35 σ
+0.25 σ
 +5.62% 09:30 AM
EWY South Korea 17.03
Expensive
Expensive
Expensive
 10.71 10.36 9.97
+3.84 σ
+5.22 σ
+6.96 σ
 +24.56% 09:30 AM
EIRL Ireland 16.28
Overvalued
Fair
Fair
 14.57 15.53 16.21
+1.77 σ
+0.40 σ
+0.03 σ
 +12.70% 09:30 AM
EWP Spain 16.10
Expensive
Expensive
Expensive
 11.30 12.03 11.62
+3.77 σ
+2.91 σ
+2.84 σ
 +11.97% 09:30 AM
EWK Belgium 16.00
Fair
Fair
Fair
 16.04 16.85 15.06
-0.01 σ
-0.44 σ
+0.36 σ
 +7.55% 09:30 AM
EWU United Kingdom 15.82
Fair
Overvalued
Overvalued
 13.77 13.50 12.42
+0.63 σ
+1.19 σ
+1.98 σ
 +6.50% 09:30 AM
ARGT Argentina 15.80
Overvalued
Expensive
Overvalued
 13.09 12.79 10.86
+1.26 σ
+2.15 σ
+1.90 σ
 +0.58% 09:30 AM
TUR Turkey 15.45
Expensive
Expensive
Expensive
 6.92 6.52 7.98
+2.89 σ
+6.43 σ
+4.52 σ
 +5.30% 09:30 AM
EWI Italy 15.19
Expensive
Expensive
Expensive
 10.66 11.52 11.19
+2.46 σ
+2.37 σ
+2.48 σ
 +10.71% 09:30 AM
EPOL Poland 14.73
Expensive
Expensive
Expensive
 10.11 11.08 11.47
+2.27 σ
+2.60 σ
+2.66 σ
 +16.89% 09:30 AM
VNM Vietnam 14.73
Fair
Fair
-
 15.09 16.87 -
-0.17 σ
-0.78 σ
-
 -1.54% 09:30 AM
EWD Sweden 14.66
Fair
Undervalued
Fair
 16.13 16.24 14.96
-0.71 σ
-1.02 σ
-0.19 σ
 +5.64% 09:30 AM
THD Thailand 14.65
Undervalued
Undervalued
Fair
 16.94 17.25 15.96
-1.24 σ
-1.38 σ
-0.57 σ
 +10.39% 09:30 AM
EPU Perù 14.53
Overvalued
Overvalued
Overvalued
 12.23 12.88 12.38
+1.12 σ
+1.12 σ
+1.52 σ
 +16.17% 09:30 AM
EWM Malaysia 13.72
Fair
Undervalued
Undervalued
 14.44 15.06 14.74
-0.90 σ
-1.70 σ
-1.33 σ
 +1.58% 09:30 AM
NORW Norway 13.44
Overvalued
Fair
Overvalued
 10.79 12.68 11.66
+1.37 σ
+0.40 σ
+1.07 σ
 +8.71% 09:30 AM
EWO Austria 13.18
Overvalued
Overvalued
Overvalued
 8.61 9.74 9.96
+1.87 σ
+1.78 σ
+1.98 σ
 +14.91% 09:30 AM
ECH Chile 12.44
Overvalued
Fair
Undervalued
 10.07 13.12 14.51
+1.01 σ
-0.25 σ
-1.14 σ
 +1.73% 09:30 AM
EWW Mexico 12.24
Fair
Fair
Undervalued
 12.43 13.50 14.27
-0.25 σ
-0.96 σ
-1.18 σ
 +3.48% 09:30 AM
COLO Colombia 11.72
Expensive
Overvalued
Fair
 7.24 9.44 12.29
+2.86 σ
+1.04 σ
-0.20 σ
 +23.51% 09:30 AM
GREK Greece 11.60
Overvalued
Fair
Fair
 9.34 11.33 10.91
+1.27 σ
+0.14 σ
+0.32 σ
 +18.61% 09:30 AM
EWZ Brazil 11.43
Expensive
Fair
Fair
 8.16 10.08 10.11
+2.12 σ
+0.69 σ
+0.91 σ
 -1.91% 09:30 AM
QAT Qatar 10.69
Undervalued
Undervalued
-
 12.43 13.34 -
-1.09 σ
-1.97 σ
-
 -8.66% 09:30 AM
FXI China 9.81
Fair
Fair
Fair
 9.91 11.13 10.97
-0.13 σ
-0.96 σ
-0.69 σ
 -2.89% 09:30 AM
EIDO Indonesia 9.65
Cheap
Cheap
Cheap
 12.48 13.96 13.66
-2.48 σ
-2.84 σ
-3.30 σ
 -18.40% 09:30 AM
EZA South Africa 9.42
Fair
Undervalued
Undervalued
 10.70 11.92 11.90
-0.71 σ
-1.28 σ
-1.45 σ
 +5.29% 09:30 AM
EPHE Philippines 8.40
Undervalued
Cheap
Cheap
 11.90 14.49 15.15
-1.54 σ
-2.22 σ
-2.97 σ
 -0.06% 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).