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 27.84
Expensive
Expensive
Expensive
 16.46 15.36 14.24
+4.03 σ
+6.48 σ
+7.51 σ
 +27.43% 09:30 AM
VTI United States 27.30
Overvalued
Expensive
Expensive
 23.01 20.44 16.95
+1.59 σ
+2.29 σ
+3.37 σ
 +10.12% 09:30 AM
ENZL New Zealand 26.87
Fair
Fair
Fair
 26.88 27.50 21.60
-0.00 σ
-0.16 σ
+0.96 σ
 +4.41% 09:30 AM
EWL Switzerland 25.88
Expensive
Expensive
Expensive
 20.13 18.57 16.02
+2.27 σ
+3.65 σ
+4.21 σ
 +6.10% 09:30 AM
INDA India 22.81
Fair
Fair
Overvalued
 23.13 20.95 18.14
-0.25 σ
+0.78 σ
+1.61 σ
 -1.28% 09:30 AM
EWA Australia 21.12
Overvalued
Expensive
Expensive
 17.56 16.79 14.99
+1.35 σ
+2.25 σ
+3.40 σ
 +6.96% 09:30 AM
EWN Netherlands 20.70
Overvalued
Overvalued
Expensive
 17.47 17.18 14.52
+1.93 σ
+1.79 σ
+2.51 σ
 +10.88% 09:30 AM
EWC Canada 20.46
Overvalued
Expensive
Expensive
 16.25 15.47 14.50
+1.53 σ
+2.77 σ
+4.59 σ
 +9.44% 09:30 AM
EWS Singapore 19.00
Expensive
Expensive
Expensive
 13.92 13.47 13.43
+3.06 σ
+4.88 σ
+5.59 σ
 +14.63% 09:30 AM
EWJ Japan 18.97
Expensive
Expensive
Expensive
 14.93 14.55 14.44
+2.61 σ
+2.94 σ
+2.84 σ
 +9.77% 09:30 AM
EWQ France 18.25
Fair
Overvalued
Expensive
 16.64 15.67 13.54
+0.80 σ
+1.45 σ
+2.17 σ
 +5.36% 09:30 AM
EWH Hong Kong 17.86
Expensive
Expensive
Expensive
 15.48 15.44 15.28
+2.00 σ
+2.39 σ
+2.46 σ
 +0.38% 09:30 AM
EWG Germany 17.83
Overvalued
Expensive
Expensive
 14.46 13.95 12.56
+1.37 σ
+2.27 σ
+3.66 σ
 +4.51% 09:30 AM
EIRL Ireland 17.32
Expensive
Fair
Fair
 14.57 15.53 16.21
+2.85 σ
+0.96 σ
+0.47 σ
 +12.06% 09:30 AM
EIS Israel 17.12
Expensive
Expensive
Expensive
 12.11 11.54 10.99
+2.25 σ
+3.97 σ
+3.97 σ
 +2.63% 09:30 AM
EDEN Denmark 16.37
Fair
Fair
Fair
 15.95 17.97 16.58
+0.19 σ
-0.60 σ
-0.12 σ
 +1.72% 09:30 AM
EWP Spain 16.02
Expensive
Expensive
Expensive
 11.30 12.03 11.62
+3.71 σ
+2.86 σ
+2.79 σ
 +12.58% 09:30 AM
ARGT Argentina 15.81
Overvalued
Expensive
Overvalued
 13.09 12.79 10.86
+1.26 σ
+2.16 σ
+1.91 σ
 +0.93% 09:30 AM
EWK Belgium 15.66
Fair
Fair
Fair
 16.04 16.85 15.06
-0.14 σ
-0.62 σ
+0.23 σ
 +5.92% 09:30 AM
EWU United Kingdom 15.66
Fair
Overvalued
Overvalued
 13.77 13.50 12.42
+0.58 σ
+1.11 σ
+1.88 σ
 +6.01% 09:30 AM
EWY South Korea 15.60
Expensive
Expensive
Expensive
 10.71 10.36 9.97
+2.98 σ
+4.10 σ
+5.55 σ
 +17.13% 09:30 AM
EWI Italy 15.26
Expensive
Expensive
Expensive
 10.66 11.52 11.19
+2.49 σ
+2.41 σ
+2.52 σ
 +12.20% 09:30 AM
TUR Turkey 14.71
Expensive
Expensive
Expensive
 6.92 6.52 7.98
+2.64 σ
+5.90 σ
+4.07 σ
 +0.95% 09:30 AM
EPOL Poland 14.66
Expensive
Expensive
Expensive
 10.11 11.08 11.47
+2.23 σ
+2.55 σ
+2.59 σ
 +17.69% 09:30 AM
EWD Sweden 14.58
Fair
Undervalued
Fair
 16.13 16.24 14.96
-0.75 σ
-1.08 σ
-0.24 σ
 +5.42% 09:30 AM
VNM Vietnam 14.50
Fair
Fair
-
 15.09 16.87 -
-0.29 σ
-0.87 σ
-
 -3.23% 09:30 AM
THD Thailand 14.41
Undervalued
Undervalued
Fair
 16.94 17.25 15.96
-1.38 σ
-1.51 σ
-0.67 σ
 +9.50% 09:30 AM
EPU Perù 13.95
Fair
Fair
Overvalued
 12.23 12.88 12.38
+0.84 σ
+0.72 σ
+1.11 σ
 +13.25% 09:30 AM
EWM Malaysia 13.46
Undervalued
Cheap
Undervalued
 14.44 15.06 14.74
-1.22 σ
-2.03 σ
-1.66 σ
 +0.05% 09:30 AM
EWO Austria 13.15
Overvalued
Overvalued
Overvalued
 8.61 9.74 9.96
+1.86 σ
+1.77 σ
+1.97 σ
 +16.44% 09:30 AM
NORW Norway 12.76
Overvalued
Fair
Fair
 10.79 12.68 11.66
+1.02 σ
+0.04 σ
+0.66 σ
 +4.16% 09:30 AM
ECH Chile 12.36
Fair
Fair
Undervalued
 10.07 13.12 14.51
+0.97 σ
-0.27 σ
-1.19 σ
 +1.73% 09:30 AM
EWW Mexico 12.13
Fair
Undervalued
Undervalued
 12.43 13.50 14.27
-0.38 σ
-1.04 σ
-1.24 σ
 +3.19% 09:30 AM
EWZ Brazil 11.45
Expensive
Fair
Fair
 8.16 10.08 10.11
+2.14 σ
+0.70 σ
+0.93 σ
 -1.34% 09:30 AM
GREK Greece 11.24
Overvalued
Fair
Fair
 9.34 11.33 10.91
+1.06 σ
-0.05 σ
+0.15 σ
 +16.36% 09:30 AM
QAT Qatar 11.05
Fair
Undervalued
-
 12.43 13.34 -
-0.87 σ
-1.70 σ
-
 -5.97% 09:30 AM
COLO Colombia 11.04
Expensive
Fair
Fair
 7.24 9.44 12.29
+2.42 σ
+0.73 σ
-0.45 σ
 +18.18% 09:30 AM
FXI China 9.90
Fair
Fair
Fair
 9.91 11.13 10.97
-0.02 σ
-0.90 σ
-0.63 σ
 -2.61% 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
 -19.70% 09:30 AM
EZA South Africa 8.95
Fair
Undervalued
Undervalued
 10.70 11.92 11.90
-0.97 σ
-1.52 σ
-1.72 σ
 +0.39% 09:30 AM
EPHE Philippines 8.59
Undervalued
Cheap
Cheap
 11.90 14.49 15.15
-1.46 σ
-2.16 σ
-2.89 σ
 +2.28% 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).