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 26.57
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.44 σ
+2.16 σ
+3.26 σ
 +9.25% 09:30 AM
ENZL New Zealand 25.88
Fair
Fair
Fair
 26.97 27.44 21.47
-0.28 σ
-0.39 σ
+0.80 σ
 +0.33% 09:30 AM
EWT Taiwan 25.73
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+3.70 σ
+5.66 σ
+6.59 σ
 +45.62% 09:30 AM
INDA India 23.52
Fair
Overvalued
Overvalued
 23.10 20.83 18.05
+0.33 σ
+1.12 σ
+1.90 σ
 -3.83% 09:30 AM
EWL Switzerland 23.15
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.30 σ
+2.48 σ
+3.15 σ
 +4.79% 09:30 AM
EWY South Korea 21.32
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+8.22 σ
+9.23 σ
+11.51 σ
 +70.72% 09:30 AM
EWA Australia 20.75
Overvalued
Expensive
Expensive
 17.40 16.69 14.92
+1.30 σ
+2.18 σ
+3.33 σ
 +4.88% 09:30 AM
EWN Netherlands 19.91
Overvalued
Overvalued
Expensive
 17.57 17.07 14.43
+1.23 σ
+1.47 σ
+2.25 σ
 +17.21% 09:30 AM
EWC Canada 19.37
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.24 σ
+2.30 σ
+3.89 σ
 +8.73% 09:30 AM
EWJ Japan 19.31
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+3.02 σ
+3.33 σ
+3.11 σ
 +11.24% 09:30 AM
EWK Belgium 18.48
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.91 σ
+0.83 σ
+1.33 σ
 +8.15% 09:30 AM
EWQ France 17.83
Fair
Overvalued
Expensive
 16.60 15.57 13.48
+0.62 σ
+1.28 σ
+2.03 σ
 +2.90% 09:30 AM
EWU United Kingdom 17.81
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.37 σ
+2.32 σ
+3.23 σ
 +3.74% 09:30 AM
EWH Hong Kong 17.76
Overvalued
Expensive
Expensive
 15.47 15.38 15.25
+1.96 σ
+2.44 σ
+2.44 σ
 -4.03% 09:30 AM
EWG Germany 17.56
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.36 σ
+2.28 σ
+3.61 σ
 -0.11% 09:30 AM
EIS Israel 17.54
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.70 σ
+4.48 σ
+4.29 σ
 +7.50% 09:30 AM
TUR Turkey 17.16
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+4.13 σ
+8.31 σ
+5.65 σ
 +7.33% 09:30 AM
VNM Vietnam 16.74
Fair
Fair
-
 15.24 16.78 -
+0.68 σ
-0.01 σ
-
 -1.55% 09:30 AM
EWS Singapore 16.43
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.66 σ
+2.79 σ
+3.11 σ
 +4.87% 09:30 AM
NORW Norway 16.04
Expensive
Overvalued
Expensive
 10.79 12.67 11.62
+2.72 σ
+1.80 σ
+2.68 σ
 +9.70% 09:30 AM
THD Thailand 16.03
Fair
Fair
Fair
 17.14 17.36 15.92
-0.57 σ
-0.68 σ
+0.05 σ
 +11.95% 09:30 AM
EDEN Denmark 15.69
Fair
Fair
Fair
 16.14 18.03 16.56
-0.19 σ
-0.88 σ
-0.47 σ
 -2.27% 09:30 AM
ARGT Argentina 15.65
Overvalued
Expensive
Overvalued
 12.94 12.69 10.78
+1.27 σ
+2.12 σ
+1.88 σ
 +11.81% 09:30 AM
EWD Sweden 15.37
Fair
Fair
Fair
 16.26 16.21 14.92
-0.41 σ
-0.54 σ
+0.28 σ
 +2.04% 09:30 AM
EPU Perù 15.32
Overvalued
Overvalued
Expensive
 12.14 12.85 12.33
+1.57 σ
+1.68 σ
+2.09 σ
 +19.74% 09:30 AM
EWP Spain 15.29
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+3.22 σ
+2.50 σ
+2.39 σ
 +11.17% 09:30 AM
EIRL Ireland 14.98
Fair
Fair
Fair
 14.72 15.52 16.18
+0.19 σ
-0.29 σ
-0.50 σ
 +8.51% 09:30 AM
EWO Austria 14.79
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.90 σ
+2.74 σ
+3.02 σ
 +22.32% 09:30 AM
EWM Malaysia 14.79
Fair
Fair
Fair
 14.44 15.09 14.73
+0.44 σ
-0.39 σ
+0.07 σ
 +0.63% 09:30 AM
EWI Italy 14.49
Expensive
Overvalued
Expensive
 10.62 11.48 11.17
+2.17 σ
+1.99 σ
+2.08 σ
 +11.74% 09:30 AM
ECH Chile 13.33
Overvalued
Fair
Fair
 10.11 13.15 14.54
+1.33 σ
+0.06 σ
-0.67 σ
 +6.11% 09:30 AM
EWZ Brazil 13.00
Expensive
Overvalued
Expensive
 8.05 10.06 10.06
+3.55 σ
+1.53 σ
+2.02 σ
 +0.51% 09:30 AM
EWW Mexico 12.91
Fair
Fair
Fair
 12.50 13.59 14.26
+0.47 σ
-0.49 σ
-0.78 σ
 +7.37% 09:30 AM
EPOL Poland 12.73
Overvalued
Overvalued
Overvalued
 10.13 11.06 11.45
+1.27 σ
+1.20 σ
+1.04 σ
 +13.85% 09:30 AM
COLO Colombia 12.18
Expensive
Overvalued
Fair
 7.21 9.44 12.34
+3.27 σ
+1.25 σ
-0.06 σ
 +17.22% 09:30 AM
GREK Greece 11.64
Overvalued
Fair
Fair
 9.37 11.34 10.92
+1.25 σ
+0.15 σ
+0.33 σ
 +15.05% 09:30 AM
QAT Qatar 11.34
Fair
Undervalued
-
 12.67 13.37 -
-0.75 σ
-1.54 σ
-
 -3.28% 09:30 AM
EIDO Indonesia 10.30
Undervalued
Cheap
Cheap
 12.66 14.06 13.66
-1.95 σ
-2.53 σ
-2.77 σ
 -25.32% 09:30 AM
EZA South Africa 10.23
Fair
Fair
Fair
 10.72 12.03 11.90
-0.27 σ
-0.92 σ
-0.98 σ
 +0.13% 09:30 AM
FXI China 9.79
Fair
Undervalued
Fair
 10.03 11.16 10.98
-0.26 σ
-1.01 σ
-0.71 σ
 -10.56% 09:30 AM
EPHE Philippines 8.64
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.47 σ
-2.24 σ
-2.90 σ
 +0.44% 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).