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 27.30
Fair
Fair
Overvalued
 27.07 27.37 21.33
+0.06 σ
-0.02 σ
+1.08 σ
 -3.59% 27 Apr
VTI United States 25.18
Overvalued
Overvalued
Expensive
 22.65 20.07 16.76
+1.00 σ
+1.80 σ
+2.91 σ
 +6.90% 27 Apr
EWT Taiwan 23.83
Expensive
Expensive
Expensive
 16.05 15.08 14.09
+3.24 σ
+4.84 σ
+5.73 σ
 +31.48% 27 Apr
EWL Switzerland 22.40
Overvalued
Expensive
Expensive
 19.81 18.31 15.86
+1.10 σ
+2.25 σ
+2.93 σ
 +5.10% 27 Apr
INDA India 21.34
Undervalued
Fair
Overvalued
 23.07 20.73 18.00
-1.35 σ
+0.25 σ
+1.17 σ
 -5.86% 27 Apr
EWA Australia 20.07
Overvalued
Overvalued
Expensive
 17.27 16.59 14.88
+1.13 σ
+1.95 σ
+3.09 σ
 +6.92% 27 Apr
EWC Canada 19.35
Overvalued
Expensive
Expensive
 15.91 15.34 14.42
+1.35 σ
+2.48 σ
+4.01 σ
 +10.74% 27 Apr
EWY South Korea 18.06
Expensive
Expensive
Expensive
 10.45 10.24 9.92
+6.56 σ
+6.98 σ
+8.45 σ
 +54.32% 27 Apr
EWK Belgium 17.76
Fair
Fair
Overvalued
 16.14 16.89 14.92
+0.60 σ
+0.44 σ
+1.08 σ
 +5.31% 27 Apr
EWH Hong Kong 17.65
Overvalued
Expensive
Expensive
 15.46 15.32 15.24
+1.89 σ
+2.48 σ
+2.37 σ
 +5.46% 27 Apr
EWN Netherlands 17.60
Fair
Fair
Overvalued
 17.80 17.00 14.37
-0.09 σ
+0.31 σ
+1.34 σ
 +7.94% 27 Apr
EWQ France 17.48
Fair
Overvalued
Overvalued
 16.58 15.49 13.42
+0.46 σ
+1.15 σ
+1.94 σ
 +1.78% 27 Apr
EWU United Kingdom 17.48
Overvalued
Expensive
Expensive
 13.35 13.40 12.34
+1.39 σ
+2.27 σ
+3.12 σ
 +6.63% 27 Apr
EIS Israel 17.46
Expensive
Expensive
Expensive
 11.92 11.39 10.98
+2.80 σ
+4.63 σ
+4.24 σ
 +17.69% 27 Apr
NORW Norway 17.11
Expensive
Expensive
Expensive
 10.79 12.65 11.60
+3.28 σ
+2.41 σ
+3.40 σ
 +19.37% 27 Apr
EWD Sweden 17.08
Fair
Fair
Overvalued
 16.40 16.18 14.89
+0.30 σ
+0.58 σ
+1.38 σ
 +6.32% 27 Apr
EWJ Japan 16.98
Overvalued
Overvalued
Overvalued
 14.84 14.34 14.43
+1.49 σ
+1.84 σ
+1.61 σ
 +5.94% 27 Apr
EWG Germany 16.95
Overvalued
Expensive
Expensive
 14.24 13.74 12.48
+1.19 σ
+2.06 σ
+3.30 σ
 +0.66% 27 Apr
TUR Turkey 16.09
Expensive
Expensive
Expensive
 6.21 6.45 7.94
+4.63 σ
+7.79 σ
+5.04 σ
 +18.57% 27 Apr
EWS Singapore 15.69
Overvalued
Expensive
Expensive
 13.74 13.32 13.39
+1.30 σ
+2.26 σ
+2.40 σ
 +1.70% 27 Apr
ARGT Argentina 15.62
Overvalued
Expensive
Overvalued
 12.77 12.57 10.71
+1.40 σ
+2.26 σ
+1.94 σ
 +6.48% 27 Apr
VNM Vietnam 15.54
Fair
Fair
-
 15.43 16.68 -
+0.05 σ
-0.39 σ
-
 +4.67% 27 Apr
THD Thailand 15.40
Fair
Undervalued
Fair
 17.35 17.45 15.87
-0.93 σ
-1.03 σ
-0.19 σ
 +12.52% 27 Apr
EWM Malaysia 15.38
Overvalued
Fair
Fair
 14.40 15.09 14.72
+1.23 σ
+0.38 σ
+0.84 σ
 +8.95% 27 Apr
EDEN Denmark 15.26
Fair
Undervalued
Fair
 16.46 18.10 16.56
-0.43 σ
-1.07 σ
-0.71 σ
 -1.37% 27 Apr
EWO Austria 14.42
Expensive
Expensive
Expensive
 8.38 9.64 9.95
+3.01 σ
+2.59 σ
+2.78 σ
 +15.27% 27 Apr
EWP Spain 14.18
Expensive
Overvalued
Overvalued
 11.29 11.92 11.57
+2.32 σ
+1.76 σ
+1.72 σ
 +8.29% 27 Apr
EPU Perù 14.09
Fair
Fair
Overvalued
 12.12 12.86 12.31
+0.98 σ
+0.83 σ
+1.23 σ
 +16.54% 27 Apr
EWW Mexico 13.78
Overvalued
Fair
Fair
 12.52 13.66 14.28
+1.39 σ
+0.08 σ
-0.29 σ
 +10.84% 27 Apr
ECH Chile 13.73
Overvalued
Fair
Fair
 10.14 13.17 14.56
+1.45 σ
+0.20 σ
-0.46 σ
 +13.44% 27 Apr
EWI Italy 13.44
Overvalued
Overvalued
Overvalued
 10.61 11.46 11.16
+1.60 σ
+1.32 σ
+1.43 σ
 +7.91% 27 Apr
EIRL Ireland 13.03
Undervalued
Undervalued
Undervalued
 14.97 15.57 16.17
-1.11 σ
-1.36 σ
-1.29 σ
 +0.91% 27 Apr
EWZ Brazil 12.80
Expensive
Overvalued
Overvalued
 7.99 10.04 10.02
+3.68 σ
+1.44 σ
+1.91 σ
 +20.67% 27 Apr
EPOL Poland 11.99
Fair
Fair
Fair
 10.16 11.05 11.46
+0.88 σ
+0.67 σ
+0.43 σ
 +10.70% 27 Apr
COLO Colombia 11.26
Expensive
Fair
Fair
 7.21 9.46 12.38
+2.66 σ
+0.81 σ
-0.39 σ
 +9.14% 27 Apr
EIDO Indonesia 10.96
Undervalued
Cheap
Cheap
 12.83 14.14 13.67
-1.49 σ
-2.21 σ
-2.25 σ
 -13.98% 27 Apr
QAT Qatar 10.93
Undervalued
Undervalued
-
 12.91 13.39 -
-1.02 σ
-1.90 σ
-
 -1.26% 27 Apr
GREK Greece 10.05
Fair
Fair
Fair
 9.45 11.36 10.96
+0.31 σ
-0.67 σ
-0.41 σ
 +5.67% 27 Apr
FXI China 9.82
Fair
Undervalued
Fair
 10.16 11.17 11.02
-0.32 σ
-1.01 σ
-0.71 σ
 -5.77% 27 Apr
EZA South Africa 9.53
Fair
Undervalued
Undervalued
 10.75 12.13 11.93
-0.68 σ
-1.33 σ
-1.42 σ
 +5.38% 27 Apr
EPHE Philippines 8.58
Undervalued
Cheap
Cheap
 12.51 14.84 15.19
-1.59 σ
-2.37 σ
-3.00 σ
 -4.12% 27 Apr
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).