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 26.65
Overvalued
Expensive
Expensive
 22.92 20.34 16.90
+1.40 σ
+2.13 σ
+3.22 σ
 +8.59% 09:30 AM
EWT Taiwan 25.55
Expensive
Expensive
Expensive
 16.33 15.29 14.20
+3.42 σ
+5.44 σ
+6.37 σ
 +40.70% 09:30 AM
ENZL New Zealand 25.41
Fair
Fair
Fair
 26.97 27.44 21.47
-0.40 σ
-0.51 σ
+0.71 σ
 -1.32% 09:30 AM
INDA India 23.37
Fair
Overvalued
Overvalued
 23.12 20.90 18.10
+0.19 σ
+1.03 σ
+1.82 σ
 -4.20% 09:30 AM
EWL Switzerland 23.25
Overvalued
Expensive
Expensive
 20.06 18.51 15.98
+1.29 σ
+2.43 σ
+3.14 σ
 +4.73% 09:30 AM
EWA Australia 19.78
Fair
Overvalued
Expensive
 17.46 16.73 14.96
+0.89 σ
+1.61 σ
+2.72 σ
 -0.18% 09:30 AM
EWN Netherlands 19.25
Overvalued
Overvalued
Overvalued
 17.49 17.12 14.48
+1.03 σ
+1.10 σ
+1.95 σ
 +12.07% 09:30 AM
EWY South Korea 19.21
Expensive
Expensive
Expensive
 10.60 10.33 9.96
+6.08 σ
+7.18 σ
+9.25 σ
 +46.91% 09:30 AM
EWC Canada 19.00
Overvalued
Expensive
Expensive
 16.15 15.43 14.47
+1.06 σ
+2.04 σ
+3.54 σ
 +5.92% 09:30 AM
EWJ Japan 18.92
Expensive
Expensive
Expensive
 14.89 14.50 14.44
+2.68 σ
+2.98 σ
+2.83 σ
 +8.18% 09:30 AM
EWK Belgium 18.30
Fair
Fair
Overvalued
 16.07 16.87 15.03
+0.85 σ
+0.74 σ
+1.25 σ
 +6.31% 09:30 AM
EWU United Kingdom 17.63
Overvalued
Expensive
Expensive
 13.64 13.47 12.39
+1.26 σ
+2.17 σ
+3.08 σ
 +2.28% 09:30 AM
EWQ France 17.33
Fair
Fair
Overvalued
 16.60 15.60 13.51
+0.37 σ
+0.98 σ
+1.78 σ
 -0.16% 09:30 AM
EWH Hong Kong 17.33
Overvalued
Overvalued
Overvalued
 15.47 15.41 15.26
+1.60 σ
+1.94 σ
+1.99 σ
 -6.32% 09:30 AM
EWG Germany 17.30
Overvalued
Expensive
Expensive
 14.38 13.89 12.54
+1.21 σ
+2.05 σ
+3.36 σ
 -1.54% 09:30 AM
EIS Israel 17.27
Expensive
Expensive
Expensive
 12.05 11.50 10.98
+2.42 σ
+4.18 σ
+4.11 σ
 +4.84% 09:30 AM
VNM Vietnam 17.25
Fair
Fair
-
 15.18 16.84 -
+0.97 σ
+0.15 σ
-
 +1.32% 09:30 AM
TUR Turkey 16.75
Expensive
Expensive
Expensive
 6.73 6.49 7.96
+3.62 σ
+7.69 σ
+5.36 σ
 +3.94% 09:30 AM
EWS Singapore 16.36
Overvalued
Expensive
Expensive
 13.87 13.43 13.41
+1.55 σ
+2.64 σ
+3.00 σ
 +4.29% 09:30 AM
EDEN Denmark 16.09
Fair
Fair
Fair
 16.04 18.01 16.57
+0.02 σ
-0.72 σ
-0.26 σ
 +0.22% 09:30 AM
THD Thailand 15.71
Fair
Fair
Fair
 17.03 17.31 15.94
-0.70 σ
-0.83 σ
-0.10 σ
 +8.92% 09:30 AM
EIRL Ireland 15.14
Fair
Fair
Fair
 14.62 15.52 16.19
+0.45 σ
-0.20 σ
-0.44 σ
 +8.93% 09:30 AM
EWP Spain 15.11
Expensive
Expensive
Expensive
 11.29 12.00 11.60
+3.07 σ
+2.28 σ
+2.24 σ
 +8.86% 09:30 AM
EWD Sweden 14.99
Fair
Fair
Fair
 16.17 16.22 14.93
-0.56 σ
-0.79 σ
+0.04 σ
 -0.69% 09:30 AM
ARGT Argentina 14.38
Fair
Overvalued
Overvalued
 13.01 12.73 10.82
+0.65 σ
+1.19 σ
+1.38 σ
 +1.88% 09:30 AM
EPU Perù 14.36
Overvalued
Overvalued
Overvalued
 12.16 12.86 12.36
+1.08 σ
+1.02 σ
+1.41 σ
 +10.47% 09:30 AM
EWO Austria 14.27
Expensive
Expensive
Expensive
 8.53 9.70 9.95
+2.48 σ
+2.41 σ
+2.67 σ
 +16.26% 09:30 AM
EWM Malaysia 14.15
Fair
Undervalued
Fair
 14.45 15.08 14.74
-0.37 σ
-1.20 σ
-0.76 σ
 -4.00% 09:30 AM
EWI Italy 14.04
Overvalued
Overvalued
Overvalued
 10.64 11.49 11.18
+1.88 σ
+1.66 σ
+1.78 σ
 +7.48% 09:30 AM
NORW Norway 14.03
Overvalued
Fair
Overvalued
 10.79 12.67 11.64
+1.69 σ
+0.72 σ
+1.45 σ
 -4.54% 09:30 AM
EWZ Brazil 12.82
Expensive
Overvalued
Overvalued
 8.10 10.08 10.08
+3.25 σ
+1.41 σ
+1.88 σ
 -1.48% 09:30 AM
ECH Chile 12.60
Overvalued
Fair
Undervalued
 10.09 13.14 14.53
+1.05 σ
-0.19 σ
-1.06 σ
 -0.38% 09:30 AM
EWW Mexico 12.47
Fair
Fair
Undervalued
 12.46 13.54 14.27
+0.01 σ
-0.80 σ
-1.04 σ
 +3.02% 09:30 AM
EPOL Poland 12.02
Fair
Fair
Fair
 10.11 11.06 11.46
+0.94 σ
+0.69 σ
+0.46 σ
 +6.70% 09:30 AM
COLO Colombia 11.63
Expensive
Overvalued
Fair
 7.21 9.42 12.31
+2.90 σ
+1.01 σ
-0.24 σ
 +10.57% 09:30 AM
GREK Greece 11.26
Overvalued
Fair
Fair
 9.33 11.33 10.92
+1.09 σ
-0.04 σ
+0.16 σ
 +10.44% 09:30 AM
QAT Qatar 11.04
Fair
Undervalued
-
 12.55 13.36 -
-0.89 σ
-1.74 σ
-
 -5.49% 09:30 AM
EZA South Africa 9.42
Fair
Undervalued
Undervalued
 10.70 11.98 11.90
-0.71 σ
-1.30 σ
-1.45 σ
 -8.11% 09:30 AM
EIDO Indonesia 9.23
Cheap
Cheap
Cheap
 12.57 14.02 13.66
-2.83 σ
-3.18 σ
-3.65 σ
 -31.99% 09:30 AM
FXI China 9.20
Fair
Undervalued
Undervalued
 9.96 11.14 10.97
-0.87 σ
-1.43 σ
-1.05 σ
 -15.27% 09:30 AM
EPHE Philippines 8.24
Undervalued
Cheap
Cheap
 12.08 14.58 15.16
-1.62 σ
-2.33 σ
-3.07 σ
 -3.90% 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).