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 25.86
Overvalued
Overvalued
Expensive
 22.82 20.25 16.85
+1.17 σ
+1.92 σ
+3.02 σ
 +6.71% 09:30 AM
ENZL New Zealand 25.68
Fair
Fair
Fair
 26.97 27.44 21.47
-0.33 σ
-0.44 σ
+0.76 σ
 -0.43% 09:30 AM
EWT Taiwan 23.82
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+2.95 σ
+4.63 σ
+5.50 σ
 +36.89% 09:30 AM
EWL Switzerland 22.79
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.16 σ
+2.29 σ
+3.00 σ
 +3.45% 09:30 AM
INDA India 22.54
Fair
Fair
Overvalued
 23.10 20.83 18.05
-0.45 σ
+0.71 σ
+1.56 σ
 -8.02% 09:30 AM
EWA Australia 20.24
Overvalued
Overvalued
Expensive
 17.40 16.69 14.92
+1.11 σ
+1.91 σ
+3.04 σ
 +2.50% 09:30 AM
EWC Canada 18.98
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.09 σ
+2.08 σ
+3.58 σ
 +7.08% 09:30 AM
EWN Netherlands 18.88
Fair
Fair
Overvalued
 17.57 17.07 14.43
+0.69 σ
+0.94 σ
+1.83 σ
 +11.92% 09:30 AM
EWY South Korea 18.60
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+6.14 σ
+6.95 σ
+8.75 σ
 +52.99% 09:30 AM
EWK Belgium 18.51
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.92 σ
+0.84 σ
+1.34 σ
 +8.71% 09:30 AM
EWJ Japan 18.22
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.28 σ
+2.58 σ
+2.41 σ
 +5.38% 09:30 AM
EWU United Kingdom 17.65
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.32 σ
+2.24 σ
+3.14 σ
 +3.12% 09:30 AM
EWH Hong Kong 17.64
Overvalued
Expensive
Expensive
 15.47 15.38 15.25
+1.85 σ
+2.31 σ
+2.32 σ
 -4.65% 09:30 AM
EWQ France 17.54
Fair
Overvalued
Overvalued
 16.60 15.57 13.48
+0.48 σ
+1.12 σ
+1.90 σ
 +1.46% 09:30 AM
EWG Germany 17.38
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.29 σ
+2.17 σ
+3.48 σ
 -1.14% 09:30 AM
EIS Israel 17.36
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.62 σ
+4.35 σ
+4.18 σ
 +7.16% 09:30 AM
VNM Vietnam 16.60
Fair
Fair
-
 15.24 16.78 -
+0.61 σ
-0.06 σ
-
 -2.39% 09:30 AM
TUR Turkey 16.57
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+3.90 σ
+7.86 σ
+5.29 σ
 +3.97% 09:30 AM
NORW Norway 16.26
Expensive
Overvalued
Expensive
 10.79 12.67 11.62
+2.83 σ
+1.91 σ
+2.81 σ
 +11.77% 09:30 AM
THD Thailand 15.98
Fair
Fair
Fair
 17.14 17.36 15.92
-0.59 σ
-0.70 σ
+0.03 σ
 +12.34% 09:30 AM
EDEN Denmark 15.77
Fair
Fair
Fair
 16.14 18.03 16.56
-0.16 σ
-0.85 σ
-0.43 σ
 -1.79% 09:30 AM
EWS Singapore 15.75
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.23 σ
+2.17 σ
+2.42 σ
 +0.68% 09:30 AM
EWD Sweden 15.23
Fair
Fair
Fair
 16.26 16.21 14.92
-0.47 σ
-0.63 σ
+0.20 σ
 +1.37% 09:30 AM
EIRL Ireland 14.83
Fair
Fair
Fair
 14.72 15.52 16.18
+0.08 σ
-0.37 σ
-0.56 σ
 +7.81% 09:30 AM
ARGT Argentina 14.78
Fair
Overvalued
Overvalued
 12.94 12.69 10.78
+0.86 σ
+1.50 σ
+1.55 σ
 +6.09% 09:30 AM
EWM Malaysia 14.70
Fair
Fair
Fair
 14.44 15.09 14.73
+0.33 σ
-0.50 σ
-0.04 σ
 +0.27% 09:30 AM
EWP Spain 14.52
Expensive
Overvalued
Overvalued
 11.29 11.96 11.59
+2.60 σ
+1.92 σ
+1.89 σ
 +6.08% 09:30 AM
EWI Italy 13.99
Overvalued
Overvalued
Overvalued
 10.62 11.48 11.17
+1.88 σ
+1.65 σ
+1.76 σ
 +8.30% 09:30 AM
EPU Perù 13.84
Fair
Fair
Overvalued
 12.14 12.85 12.33
+0.84 σ
+0.67 σ
+1.05 σ
 +9.44% 09:30 AM
EWO Austria 13.62
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.36 σ
+2.11 σ
+2.29 σ
 +13.54% 09:30 AM
EWZ Brazil 12.63
Expensive
Overvalued
Overvalued
 8.05 10.06 10.06
+3.29 σ
+1.34 σ
+1.77 σ
 -1.95% 09:30 AM
ECH Chile 12.56
Overvalued
Fair
Undervalued
 10.11 13.15 14.54
+1.01 σ
-0.21 σ
-1.10 σ
 +0.54% 09:30 AM
EWW Mexico 12.37
Fair
Fair
Undervalued
 12.50 13.59 14.26
-0.15 σ
-0.88 σ
-1.09 σ
 +3.48% 09:30 AM
EPOL Poland 12.14
Fair
Fair
Fair
 10.13 11.06 11.45
+0.98 σ
+0.78 σ
+0.56 σ
 +9.20% 09:30 AM
QAT Qatar 11.34
Fair
Undervalued
-
 12.67 13.37 -
-0.75 σ
-1.54 σ
-
 -3.47% 09:30 AM
COLO Colombia 11.29
Expensive
Fair
Fair
 7.21 9.44 12.34
+2.68 σ
+0.84 σ
-0.37 σ
 +9.48% 09:30 AM
GREK Greece 10.85
Fair
Fair
Fair
 9.37 11.34 10.92
+0.82 σ
-0.25 σ
-0.03 σ
 +7.78% 09:30 AM
EIDO Indonesia 10.63
Undervalued
Cheap
Cheap
 12.66 14.06 13.66
-1.67 σ
-2.31 σ
-2.50 σ
 -28.44% 09:30 AM
FXI China 9.97
Fair
Fair
Fair
 10.03 11.16 10.98
-0.06 σ
-0.88 σ
-0.60 σ
 -9.12% 09:30 AM
EZA South Africa 9.49
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.69 σ
-1.30 σ
-1.42 σ
 -6.84% 09:30 AM
EPHE Philippines 8.37
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.58 σ
-2.34 σ
-3.02 σ
 -2.72% 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).