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
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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 30.48
Fair
Fair
Overvalued
 27.18 27.23 21.17
+0.82 σ
+0.80 σ
+1.69 σ
 +4.02% 12:58 PM
VTI United States 26.65
Overvalued
Expensive
Expensive
 22.49 19.87 16.67
+1.74 σ
+2.45 σ
+3.54 σ
 +5.42% 01:00 PM
INDA India 23.76
Fair
Overvalued
Expensive
 23.08 20.66 17.99
+0.54 σ
+1.26 σ
+2.05 σ
 -0.96% 01:00 PM
EWL Switzerland 23.69
Overvalued
Expensive
Expensive
 19.61 18.17 15.81
+1.81 σ
+3.17 σ
+3.64 σ
 +11.88% 01:00 PM
EWA Australia 22.33
Expensive
Expensive
Expensive
 17.14 16.47 14.83
+2.19 σ
+3.42 σ
+4.63 σ
 +9.60% 01:00 PM
EWT Taiwan 21.89
Expensive
Expensive
Expensive
 16.00 14.95 14.02
+2.55 σ
+3.94 σ
+4.78 σ
 +17.94% 01:00 PM
EWK Belgium 20.36
Overvalued
Overvalued
Expensive
 16.15 16.88 14.85
+1.56 σ
+1.79 σ
+2.12 σ
 +17.79% 12:32 PM
EWU United Kingdom 20.27
Expensive
Expensive
Expensive
 13.14 13.35 12.31
+2.60 σ
+4.03 σ
+4.94 σ
 +11.64% 01:00 PM
EWC Canada 20.19
Overvalued
Expensive
Expensive
 15.73 15.26 14.40
+1.86 σ
+3.27 σ
+4.85 σ
 +11.80% 12:59 PM
EWH Hong Kong 19.80
Expensive
Expensive
Expensive
 15.46 15.24 15.22
+3.76 σ
+4.97 σ
+4.60 σ
 +10.45% 01:00 PM
EWQ France 19.41
Overvalued
Expensive
Expensive
 16.52 15.37 13.37
+1.51 σ
+2.37 σ
+2.95 σ
 +6.55% 01:00 PM
EWY South Korea 19.02
Expensive
Expensive
Expensive
 10.45 10.19 9.90
+7.47 σ
+8.37 σ
+9.74 σ
 +55.92% 01:00 PM
EWN Netherlands 18.92
Fair
Overvalued
Overvalued
 18.03 16.91 14.31
+0.34 σ
+1.03 σ
+1.95 σ
 +9.97% 12:51 PM
EWD Sweden 18.65
Fair
Overvalued
Expensive
 16.45 16.09 14.86
+0.94 σ
+1.66 σ
+2.43 σ
 +12.92% 12:55 PM
EWG Germany 18.45
Expensive
Expensive
Expensive
 14.14 13.61 12.45
+2.00 σ
+3.28 σ
+4.57 σ
 +4.97% 12:59 PM
EWJ Japan 18.39
Expensive
Expensive
Expensive
 14.84 14.24 14.43
+2.48 σ
+2.98 σ
+2.51 σ
 +17.63% 01:00 PM
EIS Israel 18.29
Expensive
Expensive
Expensive
 11.88 11.32 10.98
+3.33 σ
+5.50 σ
+4.79 σ
 +23.67% 12:59 PM
VNM Vietnam 17.31
Fair
-
-
 15.64 - -
+0.61 σ
-
-
 +10.48% 12:59 PM
EWS Singapore 17.06
Expensive
Expensive
Expensive
 13.65 13.24 13.38
+2.45 σ
+3.72 σ
+3.91 σ
 +4.20% 01:00 PM
EPU Perù 16.87
Expensive
Expensive
Expensive
 12.09 12.78 12.31
+2.46 σ
+2.89 σ
+3.17 σ
 +46.35% 12:57 PM
EZA South Africa 16.56
Expensive
Expensive
Expensive
 10.62 12.12 11.90
+3.61 σ
+2.29 σ
+2.82 σ
 +21.66% 12:58 PM
EWM Malaysia 16.23
Expensive
Overvalued
Overvalued
 14.33 15.08 14.70
+2.50 σ
+1.52 σ
+1.94 σ
 +15.43% 12:57 PM
ARGT Argentina 16.17
Overvalued
Expensive
Expensive
 12.57 12.44 10.66
+1.89 σ
+2.88 σ
+2.22 σ
 +7.72% 12:59 PM
EDEN Denmark 15.85
Fair
Fair
Fair
 16.80 18.18 16.55
-0.30 σ
-0.89 σ
-0.38 σ
 +1.70% 12:38 PM
THD Thailand 15.75
Fair
Fair
Fair
 17.57 17.52 15.81
-0.81 σ
-0.88 σ
-0.03 σ
 +20.44% 12:59 PM
TUR Turkey 15.73
Expensive
Expensive
Expensive
 5.96 6.42 7.94
+5.69 σ
+7.81 σ
+4.81 σ
 +22.72% 12:56 PM
EWO Austria 15.45
Expensive
Expensive
Expensive
 8.35 9.61 9.95
+3.64 σ
+3.23 σ
+3.43 σ
 +21.56% 12:51 PM
ECH Chile 15.41
Expensive
Fair
Fair
 10.14 13.16 14.57
+2.14 σ
+0.81 σ
+0.46 σ
 +26.02% 01:00 PM
NORW Norway 14.76
Expensive
Overvalued
Expensive
 10.79 12.62 11.57
+2.06 σ
+1.18 σ
+2.00 σ
 +15.90% 12:56 PM
EWP Spain 14.41
Expensive
Expensive
Overvalued
 11.29 11.86 11.55
+2.51 σ
+2.09 σ
+1.90 σ
 +15.44% 12:57 PM
EIRL Ireland 14.33
Fair
Fair
Fair
 15.22 15.60 16.16
-0.43 σ
-0.68 σ
-0.75 σ
 +6.75% 12:38 PM
EWW Mexico 13.92
Overvalued
Fair
Fair
 12.53 13.71 14.27
+1.54 σ
+0.14 σ
-0.20 σ
 +22.44% 01:00 PM
EWI Italy 13.84
Overvalued
Overvalued
Overvalued
 10.61 11.41 11.16
+1.82 σ
+1.65 σ
+1.69 σ
 +10.64% 01:00 PM
EPOL Poland 13.48
Overvalued
Overvalued
Overvalued
 10.15 11.03 11.45
+1.60 σ
+1.81 σ
+1.66 σ
 +14.40% 01:00 PM
EWZ Brazil 12.93
Expensive
Overvalued
Expensive
 7.96 10.01 9.97
+3.95 σ
+1.56 σ
+2.04 σ
 +26.88% 01:00 PM
QAT Qatar 12.77
Fair
-
-
 13.10 - -
-0.16 σ
-
-
 +4.65% 11:37 AM
EIDO Indonesia 12.66
Fair
Undervalued
Fair
 12.95 14.19 13.65
-0.21 σ
-1.08 σ
-0.81 σ
 -1.50% 01:00 PM
FXI China 10.94
Fair
Fair
Fair
 10.28 11.16 11.03
+0.52 σ
-0.17 σ
-0.05 σ
 -0.08% 01:00 PM
GREK Greece 10.74
Fair
Fair
Fair
 9.51 11.34 10.99
+0.62 σ
-0.30 σ
-0.11 σ
 +16.89% 12:59 PM
EPHE Philippines 9.69
Undervalued
Cheap
Cheap
 12.79 14.98 15.22
-1.21 σ
-2.07 σ
-2.55 σ
 +3.49% 01:00 PM
COLO Colombia 9.14
Overvalued
Fair
Undervalued
 7.25 9.49 12.45
+1.20 σ
-0.16 σ
-1.15 σ
 +20.85% 01:00 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).