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 26.16
Overvalued
Expensive
Expensive
 22.82 20.25 16.85
+1.28 σ
+2.02 σ
+3.12 σ
 +6.81% 09:30 AM
ENZL New Zealand 25.13
Fair
Fair
Fair
 26.97 27.44 21.47
-0.48 σ
-0.57 σ
+0.66 σ
 -2.46% 09:30 AM
EWT Taiwan 24.88
Expensive
Expensive
Expensive
 16.20 15.23 14.16
+3.37 σ
+5.20 σ
+6.10 σ
 +38.17% 09:30 AM
INDA India 23.51
Fair
Overvalued
Overvalued
 23.10 20.83 18.05
+0.32 σ
+1.11 σ
+1.89 σ
 -3.71% 09:30 AM
EWL Switzerland 23.25
Overvalued
Expensive
Expensive
 19.97 18.44 15.94
+1.34 σ
+2.53 σ
+3.20 σ
 +4.88% 09:30 AM
EWY South Korea 20.60
Expensive
Expensive
Expensive
 10.54 10.30 9.94
+7.67 σ
+8.63 σ
+10.78 σ
 +59.80% 09:30 AM
EWA Australia 19.99
Overvalued
Overvalued
Expensive
 17.40 16.69 14.92
+1.01 σ
+1.77 σ
+2.90 σ
 +0.91% 09:30 AM
EWN Netherlands 18.99
Fair
Fair
Overvalued
 17.57 17.07 14.43
+0.75 σ
+1.00 σ
+1.88 σ
 +10.95% 09:30 AM
EWC Canada 18.94
Overvalued
Expensive
Expensive
 16.08 15.41 14.45
+1.08 σ
+2.05 σ
+3.55 σ
 +5.84% 09:30 AM
EWJ Japan 18.87
Expensive
Expensive
Expensive
 14.87 14.45 14.43
+2.72 σ
+3.02 σ
+2.82 σ
 +8.10% 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
 +7.77% 09:30 AM
EWU United Kingdom 17.58
Overvalued
Expensive
Expensive
 13.55 13.45 12.37
+1.30 σ
+2.20 σ
+3.10 σ
 +2.14% 09:30 AM
EWH Hong Kong 17.37
Overvalued
Expensive
Expensive
 15.47 15.38 15.25
+1.62 σ
+2.03 σ
+2.05 σ
 -6.17% 09:30 AM
EWQ France 17.36
Fair
Overvalued
Overvalued
 16.60 15.57 13.48
+0.39 σ
+1.02 σ
+1.82 σ
 +0.07% 09:30 AM
VNM Vietnam 17.07
Fair
Fair
-
 15.24 16.78 -
+0.82 σ
+0.10 σ
-
 +0.30% 09:30 AM
EWG Germany 17.05
Overvalued
Overvalued
Expensive
 14.33 13.83 12.51
+1.15 σ
+1.97 σ
+3.25 σ
 -2.96% 09:30 AM
TUR Turkey 16.76
Expensive
Expensive
Expensive
 6.56 6.47 7.94
+3.97 σ
+8.01 σ
+5.41 σ
 +4.32% 09:30 AM
EIS Israel 16.76
Expensive
Expensive
Expensive
 11.98 11.46 10.98
+2.32 σ
+3.90 σ
+3.78 σ
 +2.05% 09:30 AM
EWS Singapore 16.37
Overvalued
Expensive
Expensive
 13.82 13.39 13.40
+1.63 σ
+2.74 σ
+3.06 σ
 +4.39% 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
 -1.74% 09:30 AM
THD Thailand 15.32
Fair
Undervalued
Fair
 17.14 17.36 15.92
-0.92 σ
-1.04 σ
-0.25 σ
 +6.48% 09:30 AM
EWP Spain 15.08
Expensive
Expensive
Expensive
 11.29 11.96 11.59
+3.04 σ
+2.34 σ
+2.25 σ
 +8.90% 09:30 AM
EIRL Ireland 15.08
Fair
Fair
Fair
 14.72 15.52 16.18
+0.26 σ
-0.24 σ
-0.46 σ
 +8.73% 09:30 AM
NORW Norway 14.89
Expensive
Overvalued
Overvalued
 10.79 12.67 11.62
+2.12 σ
+1.18 σ
+1.98 σ
 +1.34% 09:30 AM
EWD Sweden 14.79
Fair
Fair
Fair
 16.26 16.21 14.92
-0.68 σ
-0.91 σ
-0.08 σ
 -1.95% 09:30 AM
ARGT Argentina 14.55
Fair
Overvalued
Overvalued
 12.94 12.69 10.78
+0.75 σ
+1.33 σ
+1.46 σ
 +3.34% 09:30 AM
EPU Perù 14.33
Overvalued
Overvalued
Overvalued
 12.14 12.85 12.33
+1.08 σ
+1.00 σ
+1.40 σ
 +10.73% 09:30 AM
EWO Austria 14.28
Expensive
Expensive
Expensive
 8.46 9.67 9.95
+2.66 σ
+2.46 σ
+2.70 σ
 +16.89% 09:30 AM
EWM Malaysia 14.28
Fair
Undervalued
Fair
 14.44 15.09 14.73
-0.20 σ
-1.06 σ
-0.59 σ
 -3.09% 09:30 AM
EWI Italy 13.95
Overvalued
Overvalued
Overvalued
 10.62 11.48 11.17
+1.86 σ
+1.63 σ
+1.74 σ
 +7.01% 09:30 AM
EWZ Brazil 12.96
Expensive
Overvalued
Overvalued
 8.05 10.06 10.06
+3.52 σ
+1.51 σ
+1.99 σ
 -0.27% 09:30 AM
ECH Chile 12.63
Overvalued
Fair
Undervalued
 10.11 13.15 14.54
+1.04 σ
-0.19 σ
-1.06 σ
 +0.03% 09:30 AM
EWW Mexico 12.53
Fair
Fair
Undervalued
 12.50 13.59 14.26
+0.04 σ
-0.77 σ
-1.00 σ
 +3.72% 09:30 AM
EPOL Poland 11.90
Fair
Fair
Fair
 10.13 11.06 11.45
+0.86 σ
+0.61 σ
+0.36 σ
 +5.85% 09:30 AM
COLO Colombia 11.48
Expensive
Fair
Fair
 7.21 9.44 12.34
+2.80 σ
+0.93 σ
-0.31 σ
 +9.51% 09:30 AM
GREK Greece 11.17
Fair
Fair
Fair
 9.37 11.34 10.92
+0.99 σ
-0.09 σ
+0.11 σ
 +9.81% 09:30 AM
QAT Qatar 11.03
Fair
Undervalued
-
 12.67 13.37 -
-0.92 σ
-1.77 σ
-
 -5.68% 09:30 AM
EIDO Indonesia 9.73
Cheap
Cheap
Cheap
 12.66 14.06 13.66
-2.41 σ
-2.91 σ
-3.24 σ
 -28.69% 09:30 AM
EZA South Africa 9.45
Fair
Undervalued
Undervalued
 10.72 12.03 11.90
-0.71 σ
-1.32 σ
-1.44 σ
 -7.81% 09:30 AM
FXI China 9.03
Undervalued
Undervalued
Undervalued
 10.03 11.16 10.98
-1.08 σ
-1.58 σ
-1.16 σ
 -17.10% 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
 -2.55% 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).