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)
ENZL New Zealand 27.94
Fair
Fair
Overvalued
 26.98 27.41 21.39
+0.25 σ
+0.13 σ
+1.18 σ
 +0.86% 09:30 AM
EWT Taiwan 26.82
Expensive
Expensive
Expensive
 16.11 15.15 14.13
+4.32 σ
+6.36 σ
+7.36 σ
 +46.82% 09:30 AM
VTI United States 26.48
Overvalued
Expensive
Expensive
 22.71 20.15 16.80
+1.48 σ
+2.20 σ
+3.29 σ
 +10.16% 09:30 AM
EWL Switzerland 23.25
Overvalued
Expensive
Expensive
 19.89 18.37 15.90
+1.41 σ
+2.62 σ
+3.25 σ
 +6.95% 09:30 AM
INDA India 23.19
Fair
Fair
Overvalued
 23.07 20.77 18.01
+0.09 σ
+1.00 σ
+1.81 σ
 -6.49% 09:30 AM
EWY South Korea 21.81
Expensive
Expensive
Expensive
 10.49 10.27 9.93
+9.18 σ
+9.98 σ
+12.17 σ
 +74.59% 09:30 AM
EWA Australia 20.64
Overvalued
Expensive
Expensive
 17.33 16.64 14.90
+1.31 σ
+2.19 σ
+3.35 σ
 +4.87% 09:30 AM
EWC Canada 19.78
Overvalued
Expensive
Expensive
 15.99 15.38 14.44
+1.46 σ
+2.64 σ
+4.29 σ
 +9.28% 09:30 AM
EWN Netherlands 19.21
Fair
Overvalued
Overvalued
 17.66 17.02 14.40
+0.74 σ
+1.13 σ
+2.00 σ
 +12.69% 09:30 AM
EWK Belgium 18.79
Overvalued
Fair
Overvalued
 16.11 16.88 14.95
+1.01 σ
+0.98 σ
+1.46 σ
 +9.91% 09:30 AM
EWG Germany 18.62
Overvalued
Expensive
Expensive
 14.26 13.78 12.49
+1.90 σ
+3.04 σ
+4.46 σ
 +4.26% 09:30 AM
EWQ France 18.53
Fair
Overvalued
Expensive
 16.58 15.52 13.45
+0.99 σ
+1.73 σ
+2.41 σ
 +2.87% 09:30 AM
EWJ Japan 18.47
Expensive
Expensive
Expensive
 14.84 14.40 14.43
+2.53 σ
+2.82 σ
+2.57 σ
 +9.12% 09:30 AM
EWU United Kingdom 18.30
Overvalued
Expensive
Expensive
 13.44 13.41 12.35
+1.60 σ
+2.67 σ
+3.57 σ
 +6.45% 09:30 AM
EIS Israel 17.85
Expensive
Expensive
Expensive
 11.95 11.42 10.98
+2.93 σ
+4.82 σ
+4.50 σ
 +22.77% 09:30 AM
EWH Hong Kong 17.69
Overvalued
Expensive
Expensive
 15.47 15.34 15.24
+1.89 σ
+2.44 σ
+2.40 σ
 +2.89% 09:30 AM
NORW Norway 16.67
Expensive
Expensive
Expensive
 10.79 12.66 11.61
+3.05 σ
+2.16 σ
+3.10 σ
 +17.60% 09:30 AM
THD Thailand 16.53
Fair
Fair
Fair
 17.23 17.41 15.89
-0.34 σ
-0.44 σ
+0.27 σ
 +15.06% 09:30 AM
EDEN Denmark 16.42
Fair
Fair
Fair
 16.28 18.06 16.55
+0.05 σ
-0.62 σ
-0.07 σ
 +0.86% 09:30 AM
EWD Sweden 16.33
Fair
Fair
Fair
 16.33 16.19 14.90
-0.00 σ
+0.09 σ
+0.89 σ
 +6.90% 09:30 AM
EWS Singapore 16.30
Overvalued
Expensive
Expensive
 13.77 13.36 13.39
+1.66 σ
+2.75 σ
+3.02 σ
 +3.39% 09:30 AM
ARGT Argentina 16.19
Overvalued
Expensive
Expensive
 12.85 12.63 10.73
+1.61 σ
+2.62 σ
+2.13 σ
 +9.03% 09:30 AM
VNM Vietnam 16.09
Fair
Fair
-
 15.32 16.73 -
+0.33 σ
-0.22 σ
-
 +2.27% 09:30 AM
EWP Spain 15.45
Expensive
Expensive
Expensive
 11.29 11.94 11.58
+3.34 σ
+2.70 σ
+2.53 σ
 +9.09% 09:30 AM
EIRL Ireland 14.86
Fair
Fair
Fair
 14.83 15.54 16.17
+0.02 σ
-0.36 σ
-0.54 σ
 +6.86% 09:30 AM
EWM Malaysia 14.82
Fair
Fair
Fair
 14.43 15.09 14.73
+0.49 σ
-0.35 σ
+0.12 σ
 +5.52% 09:30 AM
EWO Austria 14.70
Expensive
Expensive
Expensive
 8.41 9.65 9.95
+3.03 σ
+2.73 σ
+2.96 σ
 +17.43% 09:30 AM
EWI Italy 14.65
Expensive
Expensive
Expensive
 10.61 11.46 11.17
+2.28 σ
+2.12 σ
+2.19 σ
 +9.16% 09:30 AM
TUR Turkey 14.55
Expensive
Expensive
Expensive
 6.38 6.45 7.94
+3.46 σ
+6.46 σ
+4.07 σ
 +2.59% 09:30 AM
EPU Perù 14.35
Overvalued
Overvalued
Overvalued
 12.13 12.84 12.31
+1.11 σ
+1.03 σ
+1.42 σ
 +17.10% 09:30 AM
ECH Chile 13.46
Overvalued
Fair
Fair
 10.12 13.15 14.55
+1.37 σ
+0.11 σ
-0.60 σ
 +8.88% 09:30 AM
EWW Mexico 13.18
Fair
Fair
Fair
 12.53 13.63 14.27
+0.72 σ
-0.32 σ
-0.63 σ
 +11.28% 09:30 AM
EPOL Poland 12.78
Overvalued
Overvalued
Overvalued
 10.13 11.05 11.45
+1.29 σ
+1.26 σ
+1.09 σ
 +13.86% 09:30 AM
COLO Colombia 11.93
Expensive
Overvalued
Fair
 7.21 9.45 12.35
+3.10 σ
+1.13 σ
-0.15 σ
 +7.15% 09:30 AM
EWZ Brazil 11.81
Expensive
Fair
Overvalued
 8.01 10.05 10.04
+2.83 σ
+0.92 σ
+1.22 σ
 +5.95% 09:30 AM
QAT Qatar 11.49
Fair
Undervalued
-
 12.78 13.38 -
-0.69 σ
-1.44 σ
-
 -1.07% 09:30 AM
GREK Greece 11.21
Fair
Fair
Fair
 9.40 11.35 10.93
+0.97 σ
-0.07 σ
+0.13 σ
 +9.98% 09:30 AM
EZA South Africa 9.78
Fair
Undervalued
Undervalued
 10.73 12.08 11.91
-0.53 σ
-1.17 σ
-1.26 σ
 +2.28% 09:30 AM
FXI China 9.58
Fair
Undervalued
Fair
 10.10 11.17 11.00
-0.52 σ
-1.18 σ
-0.84 σ
 -8.44% 09:30 AM
EIDO Indonesia 9.52
Cheap
Cheap
Cheap
 12.74 14.10 13.67
-2.61 σ
-3.13 σ
-3.45 σ
 -25.92% 09:30 AM
EPHE Philippines 8.22
Undervalued
Cheap
Cheap
 12.38 14.76 15.18
-1.69 σ
-2.45 σ
-3.12 σ
 -3.08% 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).