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 28.27
Fair
Fair
Overvalued
 26.97 27.44 21.47
+0.34 σ
+0.21 σ
+1.23 σ
 +2.05% 01 Jun
EWT Taiwan 27.72
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+4.47 σ
+6.73 σ
+7.72 σ
 +49.86% 09:30 AM
VTI United States 26.77
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.52 σ
+2.23 σ
+3.32 σ
 +10.97% 09:30 AM
EWY South Korea 23.55
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+9.91 σ
+11.09 σ
+13.76 σ
 +84.01% 09:30 AM
INDA India 22.96
Fair
Fair
Overvalued
 23.10 20.83 18.05
-0.11 σ
+0.89 σ
+1.70 σ
 -7.25% 09:30 AM
EWL Switzerland 22.74
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.14 σ
+2.26 σ
+2.98 σ
 +4.30% 09:30 AM
EWA Australia 20.93
Overvalued
Expensive
Expensive
 17.40 16.69 14.92
+1.37 σ
+2.28 σ
+3.43 σ
 +6.16% 09:30 AM
EWC Canada 19.93
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.45 σ
+2.63 σ
+4.33 σ
 +9.63% 09:30 AM
EWN Netherlands 19.66
Overvalued
Overvalued
Expensive
 17.57 17.07 14.43
+1.10 σ
+1.34 σ
+2.15 σ
 +14.78% 09:30 AM
EWJ Japan 18.59
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.54 σ
+2.83 σ
+2.65 σ
 +9.50% 09:30 AM
EWK Belgium 18.54
Fair
Fair
Overvalued
 16.09 16.87 14.99
+0.93 σ
+0.86 σ
+1.36 σ
 +8.10% 09:30 AM
EWG Germany 18.54
Overvalued
Expensive
Expensive
 14.33 13.83 12.51
+1.77 σ
+2.88 σ
+4.31 σ
 +3.75% 09:30 AM
EWQ France 18.52
Fair
Overvalued
Expensive
 16.60 15.57 13.48
+0.97 σ
+1.68 σ
+2.36 σ
 +2.69% 09:30 AM
EWU United Kingdom 18.10
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.46 σ
+2.48 σ
+3.40 σ
 +5.00% 09:30 AM
EWH Hong Kong 17.68
Overvalued
Expensive
Expensive
 15.47 15.38 15.25
+1.89 σ
+2.35 σ
+2.36 σ
 +2.66% 09:30 AM
EIS Israel 17.05
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.47 σ
+4.12 σ
+3.98 σ
 +16.34% 09:30 AM
THD Thailand 16.76
Fair
Fair
Fair
 17.14 17.36 15.92
-0.19 σ
-0.31 σ
+0.36 σ
 +16.07% 09:30 AM
EWS Singapore 16.62
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.79 σ
+2.97 σ
+3.31 σ
 +5.26% 09:30 AM
NORW Norway 16.62
Expensive
Expensive
Expensive
 10.79 12.67 11.62
+3.02 σ
+2.10 σ
+3.03 σ
 +16.53% 09:30 AM
ARGT Argentina 16.55
Overvalued
Expensive
Expensive
 12.94 12.69 10.78
+1.69 σ
+2.77 σ
+2.23 σ
 +11.18% 09:30 AM
EWD Sweden 16.18
Fair
Fair
Fair
 16.26 16.21 14.92
-0.04 σ
-0.02 σ
+0.79 σ
 +5.63% 09:30 AM
EDEN Denmark 16.10
Fair
Fair
Fair
 16.14 18.03 16.56
-0.02 σ
-0.73 σ
-0.25 σ
 -1.18% 09:30 AM
VNM Vietnam 15.70
Fair
Fair
-
 15.24 16.78 -
+0.21 σ
-0.38 σ
-
 -0.33% 09:30 AM
EWP Spain 15.37
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+3.28 σ
+2.56 σ
+2.44 σ
 +8.12% 09:30 AM
TUR Turkey 15.25
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+3.38 σ
+6.83 σ
+4.49 σ
 +7.26% 09:30 AM
EIRL Ireland 15.08
Fair
Fair
Fair
 14.72 15.52 16.18
+0.27 σ
-0.23 σ
-0.45 σ
 +8.19% 09:30 AM
EWO Austria 14.85
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.93 σ
+2.77 σ
+3.05 σ
 +17.96% 09:30 AM
EWI Italy 14.77
Expensive
Expensive
Expensive
 10.62 11.48 11.17
+2.33 σ
+2.17 σ
+2.26 σ
 +9.74% 09:30 AM
EWM Malaysia 14.60
Fair
Fair
Fair
 14.44 15.09 14.73
+0.20 σ
-0.64 σ
-0.18 σ
 +3.64% 09:30 AM
EPU Perù 14.58
Overvalued
Overvalued
Overvalued
 12.14 12.85 12.33
+1.21 σ
+1.18 σ
+1.58 σ
 +17.92% 09:30 AM
ECH Chile 13.12
Overvalued
Fair
Fair
 10.11 13.15 14.54
+1.25 σ
-0.01 σ
-0.78 σ
 +5.65% 09:30 AM
EWW Mexico 13.12
Fair
Fair
Fair
 12.50 13.59 14.26
+0.72 σ
-0.34 σ
-0.66 σ
 +10.29% 09:30 AM
EPOL Poland 12.68
Overvalued
Overvalued
Fair
 10.13 11.06 11.45
+1.24 σ
+1.17 σ
+1.00 σ
 +12.51% 09:30 AM
COLO Colombia 12.52
Expensive
Overvalued
Fair
 7.21 9.44 12.34
+3.49 σ
+1.41 σ
+0.06 σ
 +11.92% 09:30 AM
EWZ Brazil 11.61
Expensive
Fair
Overvalued
 8.05 10.06 10.06
+2.55 σ
+0.81 σ
+1.06 σ
 +3.64% 09:30 AM
GREK Greece 11.33
Overvalued
Fair
Fair
 9.37 11.34 10.92
+1.08 σ
-0.00 σ
+0.19 σ
 +10.91% 09:30 AM
QAT Qatar 11.33
Fair
Undervalued
-
 12.67 13.37 -
-0.75 σ
-1.55 σ
-
 -2.29% 09:30 AM
FXI China 9.85
Fair
Fair
Fair
 10.03 11.16 10.98
-0.20 σ
-0.97 σ
-0.68 σ
 -5.78% 09:30 AM
EZA South Africa 9.62
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.61 σ
-1.23 σ
-1.34 σ
 +0.29% 09:30 AM
EIDO Indonesia 9.44
Cheap
Cheap
Cheap
 12.66 14.06 13.66
-2.65 σ
-3.11 σ
-3.47 σ
 -26.01% 09:30 AM
EPHE Philippines 8.18
Undervalued
Cheap
Cheap
 12.25 14.67 15.16
-1.66 σ
-2.41 σ
-3.11 σ
 -3.48% 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).