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 26.42
Overvalued
Expensive
Expensive
 22.92 20.34 16.90
+1.32 σ
+2.05 σ
+3.14 σ
 +7.62% 09:30 AM
ENZL New Zealand 25.45
Fair
Fair
Fair
 26.90 27.47 21.53
-0.38 σ
-0.51 σ
+0.71 σ
 -1.13% 09:30 AM
EWT Taiwan 25.16
Expensive
Expensive
Expensive
 16.33 15.29 14.20
+3.27 σ
+5.24 σ
+6.15 σ
 +38.17% 09:30 AM
EWL Switzerland 23.73
Overvalued
Expensive
Expensive
 20.06 18.51 15.98
+1.48 σ
+2.68 σ
+3.35 σ
 +6.83% 09:30 AM
INDA India 23.47
Fair
Overvalued
Overvalued
 23.12 20.90 18.10
+0.27 σ
+1.07 σ
+1.85 σ
 -3.75% 09:30 AM
EWA Australia 19.97
Fair
Overvalued
Expensive
 17.46 16.73 14.96
+0.97 σ
+1.71 σ
+2.82 σ
 +0.78% 09:30 AM
EWN Netherlands 18.96
Fair
Fair
Overvalued
 17.49 17.12 14.48
+0.86 σ
+0.95 σ
+1.83 σ
 +10.25% 09:30 AM
EWC Canada 18.86
Overvalued
Overvalued
Expensive
 16.15 15.43 14.47
+1.01 σ
+1.96 σ
+3.43 σ
 +5.05% 09:30 AM
EWJ Japan 18.84
Expensive
Expensive
Expensive
 14.89 14.50 14.44
+2.62 σ
+2.92 σ
+2.78 σ
 +7.64% 09:30 AM
EWK Belgium 18.67
Fair
Fair
Overvalued
 16.07 16.87 15.03
+0.99 σ
+0.93 σ
+1.39 σ
 +8.40% 09:30 AM
EWY South Korea 18.15
Expensive
Expensive
Expensive
 10.60 10.33 9.96
+5.34 σ
+6.33 σ
+8.20 σ
 +38.35% 09:30 AM
EWU United Kingdom 18.04
Overvalued
Expensive
Expensive
 13.64 13.47 12.39
+1.39 σ
+2.38 σ
+3.32 σ
 +4.57% 09:30 AM
EWG Germany 17.71
Overvalued
Expensive
Expensive
 14.38 13.89 12.54
+1.38 σ
+2.30 σ
+3.65 σ
 +0.78% 09:30 AM
EWQ France 17.69
Fair
Overvalued
Overvalued
 16.60 15.60 13.51
+0.55 σ
+1.18 σ
+1.94 σ
 +1.90% 09:30 AM
EWH Hong Kong 17.17
Overvalued
Overvalued
Overvalued
 15.47 15.41 15.26
+1.47 σ
+1.78 σ
+1.84 σ
 -7.14% 09:30 AM
VNM Vietnam 17.11
Fair
Fair
-
 15.18 16.84 -
+0.91 σ
+0.10 σ
-
 +0.53% 09:30 AM
EIS Israel 16.99
Expensive
Expensive
Expensive
 12.05 11.50 10.98
+2.30 σ
+3.98 σ
+3.93 σ
 +3.09% 09:30 AM
TUR Turkey 16.74
Expensive
Expensive
Expensive
 6.73 6.49 7.96
+3.62 σ
+7.68 σ
+5.35 σ
 +3.82% 09:30 AM
EWS Singapore 16.57
Overvalued
Expensive
Expensive
 13.87 13.43 13.41
+1.68 σ
+2.83 σ
+3.21 σ
 +5.60% 09:30 AM
EDEN Denmark 16.57
Fair
Fair
Fair
 16.04 18.01 16.57
+0.24 σ
-0.54 σ
-0.00 σ
 +3.21% 09:30 AM
THD Thailand 15.75
Fair
Fair
Fair
 17.03 17.31 15.94
-0.68 σ
-0.81 σ
-0.08 σ
 +9.15% 09:30 AM
EWP Spain 15.34
Expensive
Expensive
Expensive
 11.29 12.00 11.60
+3.25 σ
+2.45 σ
+2.39 σ
 +10.36% 09:30 AM
EIRL Ireland 15.29
Fair
Fair
Fair
 14.62 15.52 16.19
+0.58 σ
-0.12 σ
-0.38 σ
 +9.94% 09:30 AM
EWD Sweden 15.21
Fair
Fair
Fair
 16.17 16.22 14.93
-0.45 σ
-0.65 σ
+0.17 σ
 +0.70% 09:30 AM
EWO Austria 14.53
Expensive
Expensive
Expensive
 8.53 9.70 9.95
+2.59 σ
+2.55 σ
+2.83 σ
 +18.19% 09:30 AM
ARGT Argentina 14.52
Fair
Overvalued
Overvalued
 13.01 12.73 10.82
+0.71 σ
+1.29 σ
+1.43 σ
 +2.70% 09:30 AM
EWI Italy 14.34
Expensive
Overvalued
Overvalued
 10.64 11.49 11.18
+2.05 σ
+1.85 σ
+1.96 σ
 +9.68% 09:30 AM
EPU Perù 14.33
Overvalued
Fair
Overvalued
 12.16 12.86 12.36
+1.07 σ
+0.99 σ
+1.39 σ
 +10.00% 09:30 AM
NORW Norway 14.26
Overvalued
Fair
Overvalued
 10.79 12.67 11.64
+1.81 σ
+0.85 σ
+1.58 σ
 -3.02% 09:30 AM
EWM Malaysia 14.26
Fair
Undervalued
Fair
 14.45 15.08 14.74
-0.24 σ
-1.07 σ
-0.63 σ
 -3.32% 09:30 AM
EWZ Brazil 12.79
Expensive
Overvalued
Overvalued
 8.10 10.08 10.08
+3.23 σ
+1.39 σ
+1.86 σ
 -1.79% 09:30 AM
ECH Chile 12.60
Overvalued
Fair
Undervalued
 10.09 13.14 14.53
+1.05 σ
-0.20 σ
-1.07 σ
 -0.52% 09:30 AM
EWW Mexico 12.53
Fair
Fair
Undervalued
 12.46 13.54 14.27
+0.09 σ
-0.75 σ
-1.01 σ
 +3.49% 09:30 AM
EPOL Poland 12.22
Overvalued
Fair
Fair
 10.11 11.06 11.46
+1.04 σ
+0.84 σ
+0.62 σ
 +8.38% 09:30 AM
COLO Colombia 11.61
Expensive
Overvalued
Fair
 7.21 9.42 12.31
+2.89 σ
+1.00 σ
-0.25 σ
 +10.22% 09:30 AM
GREK Greece 11.44
Overvalued
Fair
Fair
 9.33 11.33 10.92
+1.19 σ
+0.05 σ
+0.24 σ
 +12.10% 09:30 AM
QAT Qatar 10.95
Fair
Undervalued
-
 12.55 13.36 -
-0.95 σ
-1.81 σ
-
 -6.29% 09:30 AM
EZA South Africa 9.55
Fair
Undervalued
Undervalued
 10.70 11.98 11.90
-0.64 σ
-1.24 σ
-1.38 σ
 -6.89% 09:30 AM
EIDO Indonesia 9.34
Cheap
Cheap
Cheap
 12.57 14.02 13.66
-2.74 σ
-3.11 σ
-3.56 σ
 -31.08% 09:30 AM
FXI China 9.07
Undervalued
Undervalued
Undervalued
 9.96 11.14 10.97
-1.02 σ
-1.52 σ
-1.13 σ
 -16.32% 09:30 AM
EPHE Philippines 8.32
Undervalued
Cheap
Cheap
 12.08 14.58 15.16
-1.58 σ
-2.30 σ
-3.03 σ
 -2.99% 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).