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 28.65
Expensive
Expensive
Expensive
 22.65 20.07 16.76
+2.38 σ
+3.01 σ
+4.10 σ
 +5.30% 09:30 AM
ENZL New Zealand 27.81
Fair
Fair
Overvalued
 27.07 27.37 21.33
+0.19 σ
+0.11 σ
+1.17 σ
 -1.95% 09:30 AM
EWL Switzerland 22.37
Overvalued
Expensive
Expensive
 19.81 18.31 15.86
+1.08 σ
+2.23 σ
+2.92 σ
 +5.36% 09:30 AM
EWT Taiwan 22.18
Expensive
Expensive
Expensive
 16.05 15.08 14.09
+2.55 σ
+3.93 σ
+4.76 σ
 +24.14% 09:30 AM
INDA India 21.60
Undervalued
Fair
Overvalued
 23.07 20.73 18.00
-1.15 σ
+0.36 σ
+1.26 σ
 -5.08% 09:30 AM
EWA Australia 20.54
Overvalued
Expensive
Expensive
 17.27 16.59 14.88
+1.32 σ
+2.20 σ
+3.36 σ
 +9.84% 09:30 AM
EWC Canada 19.35
Overvalued
Expensive
Expensive
 15.91 15.34 14.42
+1.35 σ
+2.48 σ
+4.01 σ
 +11.64% 09:30 AM
EWK Belgium 18.26
Fair
Fair
Overvalued
 16.14 16.89 14.92
+0.79 σ
+0.70 σ
+1.27 σ
 +8.87% 09:30 AM
EWU United Kingdom 17.89
Overvalued
Expensive
Expensive
 13.35 13.40 12.34
+1.53 σ
+2.50 σ
+3.37 σ
 +9.82% 09:30 AM
EWN Netherlands 17.75
Fair
Fair
Overvalued
 17.80 17.00 14.37
-0.02 σ
+0.39 σ
+1.41 σ
 +9.43% 09:30 AM
EWQ France 17.74
Fair
Overvalued
Expensive
 16.58 15.49 13.42
+0.59 σ
+1.30 σ
+2.06 σ
 +3.51% 09:30 AM
EWH Hong Kong 17.66
Overvalued
Expensive
Expensive
 15.46 15.32 15.24
+1.91 σ
+2.50 σ
+2.39 σ
 +6.12% 09:30 AM
EWD Sweden 17.44
Fair
Fair
Overvalued
 16.40 16.18 14.89
+0.46 σ
+0.81 σ
+1.60 σ
 +9.16% 09:30 AM
EIS Israel 17.36
Expensive
Expensive
Expensive
 11.92 11.39 10.98
+2.75 σ
+4.55 σ
+4.18 σ
 +18.25% 09:30 AM
NORW Norway 17.35
Expensive
Expensive
Expensive
 10.79 12.65 11.60
+3.40 σ
+2.54 σ
+3.55 σ
 +22.19% 09:30 AM
EWJ Japan 17.29
Overvalued
Expensive
Overvalued
 14.84 14.34 14.43
+1.72 σ
+2.06 σ
+1.81 σ
 +8.58% 09:30 AM
EWG Germany 17.02
Overvalued
Expensive
Expensive
 14.24 13.74 12.48
+1.22 σ
+2.11 σ
+3.36 σ
 +1.07% 09:30 AM
EWY South Korea 16.99
Expensive
Expensive
Expensive
 10.45 10.24 9.92
+5.64 σ
+6.03 σ
+7.33 σ
 +49.31% 09:30 AM
EWS Singapore 15.99
Overvalued
Expensive
Expensive
 13.74 13.32 13.39
+1.51 σ
+2.55 σ
+2.72 σ
 +4.03% 09:30 AM
ARGT Argentina 15.92
Overvalued
Expensive
Expensive
 12.77 12.57 10.71
+1.55 σ
+2.49 σ
+2.06 σ
 +8.94% 09:30 AM
TUR Turkey 15.75
Expensive
Expensive
Expensive
 6.21 6.45 7.94
+4.47 σ
+7.52 σ
+4.83 σ
 +17.19% 09:30 AM
THD Thailand 15.60
Fair
Fair
Fair
 17.35 17.45 15.87
-0.83 σ
-0.93 σ
-0.11 σ
 +15.18% 09:30 AM
EDEN Denmark 15.54
Fair
Fair
Fair
 16.46 18.10 16.56
-0.33 σ
-0.96 σ
-0.55 σ
 +0.34% 09:30 AM
VNM Vietnam 15.46
Fair
Fair
-
 15.43 16.68 -
+0.01 σ
-0.41 σ
-
 +5.14% 09:30 AM
EWM Malaysia 15.08
Fair
Fair
Fair
 14.40 15.09 14.72
+0.85 σ
-0.02 σ
+0.45 σ
 +7.48% 09:30 AM
EPU Perù 14.71
Overvalued
Overvalued
Overvalued
 12.12 12.86 12.31
+1.29 σ
+1.25 σ
+1.67 σ
 +23.80% 09:30 AM
EWP Spain 14.52
Expensive
Expensive
Overvalued
 11.29 11.92 11.57
+2.60 σ
+2.03 σ
+1.94 σ
 +11.85% 09:30 AM
EWO Austria 14.50
Expensive
Expensive
Expensive
 8.38 9.64 9.95
+3.05 σ
+2.63 σ
+2.83 σ
 +17.10% 09:30 AM
ECH Chile 14.26
Overvalued
Fair
Fair
 10.14 13.17 14.56
+1.67 σ
+0.39 σ
-0.16 σ
 +19.16% 09:30 AM
EWW Mexico 14.07
Overvalued
Fair
Fair
 12.52 13.66 14.28
+1.71 σ
+0.28 σ
-0.12 σ
 +14.20% 09:30 AM
EWI Italy 13.58
Overvalued
Overvalued
Overvalued
 10.61 11.46 11.16
+1.68 σ
+1.42 σ
+1.52 σ
 +9.71% 09:30 AM
EIRL Ireland 13.53
Fair
Undervalued
Undervalued
 14.97 15.57 16.17
-0.83 σ
-1.10 σ
-1.09 σ
 +5.01% 09:30 AM
EWZ Brazil 13.27
Expensive
Overvalued
Expensive
 7.99 10.04 10.02
+4.04 σ
+1.69 σ
+2.24 σ
 +26.72% 09:30 AM
EPOL Poland 12.42
Overvalued
Fair
Fair
 10.16 11.05 11.46
+1.09 σ
+0.99 σ
+0.78 σ
 +15.57% 09:30 AM
COLO Colombia 11.80
Expensive
Overvalued
Fair
 7.21 9.46 12.38
+3.02 σ
+1.05 σ
-0.20 σ
 +15.70% 09:30 AM
EIDO Indonesia 11.67
Fair
Undervalued
Undervalued
 12.83 14.14 13.67
-0.92 σ
-1.71 σ
-1.66 σ
 -8.69% 09:30 AM
QAT Qatar 11.02
Fair
Undervalued
-
 12.91 13.39 -
-0.98 σ
-1.83 σ
-
 -0.38% 09:30 AM
GREK Greece 10.27
Fair
Fair
Fair
 9.45 11.36 10.96
+0.43 σ
-0.56 σ
-0.31 σ
 +8.55% 09:30 AM
FXI China 10.05
Fair
Fair
Fair
 10.16 11.17 11.02
-0.11 σ
-0.84 σ
-0.58 σ
 -3.52% 09:30 AM
EZA South Africa 9.87
Fair
Undervalued
Undervalued
 10.75 12.13 11.93
-0.49 σ
-1.15 σ
-1.22 σ
 +10.13% 09:30 AM
EPHE Philippines 8.86
Undervalued
Cheap
Cheap
 12.51 14.84 15.19
-1.48 σ
-2.27 σ
-2.87 σ
 -1.30% 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).