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 27.82
Fair
Fair
Overvalued
 27.07 27.37 21.33
+0.19 σ
+0.11 σ
+1.18 σ
 -1.92% 09:30 AM
VTI United States 27.81
Expensive
Expensive
Expensive
 22.65 20.07 16.76
+2.05 σ
+2.72 σ
+3.81 σ
 +2.53% 09:30 AM
EWL Switzerland 22.30
Overvalued
Expensive
Expensive
 19.81 18.31 15.86
+1.05 σ
+2.19 σ
+2.89 σ
 +5.35% 09:30 AM
INDA India 21.34
Undervalued
Fair
Overvalued
 23.07 20.73 18.00
-1.35 σ
+0.25 σ
+1.17 σ
 -6.47% 09:30 AM
EWT Taiwan 20.80
Overvalued
Expensive
Expensive
 16.05 15.08 14.09
+1.98 σ
+3.17 σ
+3.95 σ
 +17.42% 09:30 AM
EWA Australia 20.52
Overvalued
Expensive
Expensive
 17.27 16.59 14.88
+1.31 σ
+2.19 σ
+3.35 σ
 +10.14% 09:30 AM
EWC Canada 18.90
Overvalued
Expensive
Expensive
 15.91 15.34 14.42
+1.17 σ
+2.20 σ
+3.64 σ
 +9.64% 09:30 AM
EWK Belgium 18.09
Fair
Fair
Overvalued
 16.14 16.89 14.92
+0.72 σ
+0.61 σ
+1.21 σ
 +8.31% 09:30 AM
EWH Hong Kong 18.00
Expensive
Expensive
Expensive
 15.46 15.32 15.24
+2.20 σ
+2.85 σ
+2.72 σ
 +8.61% 09:30 AM
EWU United Kingdom 17.91
Overvalued
Expensive
Expensive
 13.35 13.40 12.34
+1.53 σ
+2.51 σ
+3.38 σ
 +10.46% 09:30 AM
EWQ France 17.76
Fair
Overvalued
Expensive
 16.58 15.49 13.42
+0.60 σ
+1.31 σ
+2.07 σ
 +3.80% 09:30 AM
NORW Norway 17.57
Expensive
Expensive
Expensive
 10.79 12.65 11.60
+3.52 σ
+2.66 σ
+3.68 σ
 +24.63% 09:30 AM
EWN Netherlands 17.38
Fair
Fair
Overvalued
 17.80 17.00 14.37
-0.18 σ
+0.20 σ
+1.25 σ
 +7.60% 09:30 AM
EWJ Japan 17.14
Overvalued
Overvalued
Overvalued
 14.84 14.34 14.43
+1.61 σ
+1.95 σ
+1.71 σ
 +8.09% 09:30 AM
EWD Sweden 17.03
Fair
Fair
Overvalued
 16.40 16.18 14.89
+0.27 σ
+0.54 σ
+1.34 σ
 +6.97% 09:30 AM
EIS Israel 16.97
Expensive
Expensive
Expensive
 11.92 11.39 10.98
+2.56 σ
+4.26 σ
+3.93 σ
 +16.55% 09:30 AM
EWG Germany 16.78
Overvalued
Overvalued
Expensive
 14.24 13.74 12.48
+1.12 σ
+1.95 σ
+3.18 σ
 -0.35% 09:30 AM
EDEN Denmark 16.17
Fair
Fair
Fair
 16.46 18.10 16.56
-0.10 σ
-0.73 σ
-0.21 σ
 -2.87% 09:30 AM
ARGT Argentina 16.09
Overvalued
Expensive
Expensive
 12.77 12.57 10.71
+1.63 σ
+2.61 σ
+2.12 σ
 +10.32% 09:30 AM
EWY South Korea 15.97
Expensive
Expensive
Expensive
 10.45 10.24 9.92
+4.76 σ
+5.12 σ
+6.28 σ
 +43.00% 09:30 AM
EWS Singapore 15.85
Overvalued
Expensive
Expensive
 13.74 13.32 13.39
+1.41 σ
+2.41 σ
+2.57 σ
 +3.43% 09:30 AM
THD Thailand 15.75
Fair
Fair
Fair
 17.35 17.45 15.87
-0.76 σ
-0.85 σ
-0.05 σ
 +17.30% 09:30 AM
TUR Turkey 15.46
Expensive
Expensive
Expensive
 6.21 6.45 7.94
+4.33 σ
+7.28 σ
+4.64 σ
 +15.92% 09:30 AM
VNM Vietnam 15.18
Fair
Fair
-
 15.43 16.68 -
-0.10 σ
-0.51 σ
-
 +3.93% 09:30 AM
EWM Malaysia 14.98
Fair
Fair
Fair
 14.40 15.09 14.72
+0.74 σ
-0.14 σ
+0.33 σ
 +7.29% 09:30 AM
EPU Perù 14.98
Overvalued
Overvalued
Overvalued
 12.12 12.86 12.31
+1.42 σ
+1.43 σ
+1.85 σ
 +27.77% 09:30 AM
EWP Spain 14.57
Expensive
Expensive
Overvalued
 11.29 11.92 11.57
+2.63 σ
+2.07 σ
+1.97 σ
 +12.96% 09:30 AM
EWW Mexico 14.33
Expensive
Fair
Fair
 12.52 13.66 14.28
+2.01 σ
+0.47 σ
+0.03 σ
 +17.14% 09:30 AM
EWO Austria 14.03
Expensive
Expensive
Expensive
 8.38 9.64 9.95
+2.81 σ
+2.38 σ
+2.54 σ
 +14.14% 09:30 AM
ECH Chile 13.62
Overvalued
Fair
Fair
 10.14 13.17 14.56
+1.41 σ
+0.16 σ
-0.52 σ
 +14.74% 09:30 AM
EWI Italy 13.42
Overvalued
Overvalued
Overvalued
 10.61 11.46 11.16
+1.58 σ
+1.31 σ
+1.42 σ
 +8.93% 09:30 AM
EIRL Ireland 13.26
Fair
Undervalued
Undervalued
 14.97 15.57 16.17
-0.98 σ
-1.24 σ
-1.20 σ
 +3.23% 09:30 AM
EWZ Brazil 12.95
Expensive
Overvalued
Expensive
 7.99 10.04 10.02
+3.79 σ
+1.52 σ
+2.02 σ
 +24.94% 09:30 AM
QAT Qatar 12.44
Fair
Fair
-
 12.91 13.39 -
-0.24 σ
-0.73 σ
-
 -0.86% 09:30 AM
EPOL Poland 12.18
Fair
Fair
Fair
 10.16 11.05 11.46
+0.97 σ
+0.82 σ
+0.59 σ
 +14.04% 09:30 AM
COLO Colombia 11.46
Expensive
Fair
Fair
 7.21 9.46 12.38
+2.79 σ
+0.90 σ
-0.32 σ
 +13.31% 09:30 AM
EIDO Indonesia 11.42
Undervalued
Undervalued
Undervalued
 12.83 14.14 13.67
-1.13 σ
-1.89 σ
-1.87 σ
 -10.85% 09:30 AM
GREK Greece 10.11
Fair
Fair
Fair
 9.45 11.36 10.96
+0.34 σ
-0.64 σ
-0.39 σ
 +7.38% 09:30 AM
EZA South Africa 9.97
Fair
Undervalued
Undervalued
 10.75 12.13 11.93
-0.44 σ
-1.11 σ
-1.16 σ
 +12.00% 09:30 AM
FXI China 9.76
Fair
Undervalued
Fair
 10.16 11.17 11.02
-0.37 σ
-1.05 σ
-0.74 σ
 -6.24% 09:30 AM
EPHE Philippines 8.98
Undervalued
Cheap
Cheap
 12.51 14.84 15.19
-1.43 σ
-2.22 σ
-2.82 σ
 -0.06% 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).