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 30.41
Fair
Fair
Overvalued
 27.18 27.23 21.17
+0.80 σ
+0.78 σ
+1.68 σ
 +2.95% 09:44 AM
VTI United States 26.83
Overvalued
Expensive
Expensive
 22.49 19.87 16.67
+1.82 σ
+2.52 σ
+3.61 σ
 +5.07% 01:00 PM
EWL Switzerland 24.11
Overvalued
Expensive
Expensive
 19.61 18.17 15.81
+2.00 σ
+3.41 σ
+3.83 σ
 +12.90% 12:59 PM
INDA India 23.45
Fair
Overvalued
Overvalued
 23.08 20.66 17.99
+0.29 σ
+1.13 σ
+1.94 σ
 -2.21% 01:00 PM
EWA Australia 22.99
Expensive
Expensive
Expensive
 17.14 16.47 14.83
+2.46 σ
+3.80 σ
+5.04 σ
 +11.92% 01:00 PM
EWT Taiwan 22.89
Expensive
Expensive
Expensive
 16.00 14.95 14.02
+2.99 σ
+4.50 σ
+5.39 σ
 +21.19% 01:00 PM
EWY South Korea 21.76
Expensive
Expensive
Expensive
 10.45 10.19 9.90
+9.85 σ
+10.96 σ
+12.65 σ
 +70.73% 01:00 PM
EWC Canada 21.07
Expensive
Expensive
Expensive
 15.73 15.26 14.40
+2.22 σ
+3.86 σ
+5.59 σ
 +15.18% 01:00 PM
EWU United Kingdom 20.99
Expensive
Expensive
Expensive
 13.14 13.35 12.31
+2.86 σ
+4.45 σ
+5.39 σ
 +14.42% 12:59 PM
EWH Hong Kong 20.17
Expensive
Expensive
Expensive
 15.46 15.24 15.22
+4.07 σ
+5.36 σ
+4.97 σ
 +11.12% 12:59 PM
EWQ France 19.98
Overvalued
Expensive
Expensive
 16.52 15.37 13.37
+1.81 σ
+2.70 σ
+3.23 σ
 +9.02% 12:55 PM
EWK Belgium 19.68
Overvalued
Overvalued
Overvalued
 16.15 16.88 14.85
+1.31 σ
+1.44 σ
+1.86 σ
 +12.55% 12:58 PM
EWN Netherlands 19.24
Fair
Overvalued
Expensive
 18.03 16.91 14.31
+0.46 σ
+1.19 σ
+2.09 σ
 +10.68% 12:53 PM
EWD Sweden 18.87
Overvalued
Overvalued
Expensive
 16.45 16.09 14.86
+1.04 σ
+1.80 σ
+2.57 σ
 +13.19% 12:46 PM
EWG Germany 18.60
Expensive
Expensive
Expensive
 14.14 13.61 12.45
+2.08 σ
+3.38 σ
+4.68 σ
 +5.38% 12:59 PM
EWJ Japan 18.18
Expensive
Expensive
Expensive
 14.84 14.24 14.43
+2.34 σ
+2.83 σ
+2.38 σ
 +15.03% 01:00 PM
VNM Vietnam 17.83
Fair
-
-
 15.64 - -
+0.80 σ
-
-
 +11.80% 12:54 PM
EPU Perù 17.66
Expensive
Expensive
Expensive
 12.09 12.78 12.31
+2.86 σ
+3.44 σ
+3.71 σ
 +48.20% 12:50 PM
EZA South Africa 17.65
Expensive
Expensive
Expensive
 10.62 12.12 11.90
+4.27 σ
+2.85 σ
+3.47 σ
 +27.14% 12:59 PM
EIS Israel 17.62
Expensive
Expensive
Expensive
 11.88 11.32 10.98
+2.98 σ
+4.97 σ
+4.35 σ
 +16.91% 12:54 PM
EWS Singapore 17.05
Expensive
Expensive
Expensive
 13.65 13.24 13.38
+2.45 σ
+3.71 σ
+3.90 σ
 +3.44% 12:56 PM
THD Thailand 16.71
Fair
Fair
Fair
 17.57 17.52 15.81
-0.38 σ
-0.40 σ
+0.37 σ
 +26.17% 12:57 PM
EWM Malaysia 16.16
Expensive
Overvalued
Overvalued
 14.33 15.08 14.70
+2.42 σ
+1.44 σ
+1.86 σ
 +13.90% 12:55 PM
ARGT Argentina 15.82
Overvalued
Expensive
Expensive
 12.57 12.44 10.66
+1.71 σ
+2.61 σ
+2.08 σ
 +5.00% 01:00 PM
TUR Turkey 15.42
Expensive
Expensive
Expensive
 5.96 6.42 7.94
+5.52 σ
+7.55 σ
+4.62 σ
 +18.64% 01:00 PM
EWO Austria 15.35
Expensive
Expensive
Expensive
 8.35 9.61 9.95
+3.59 σ
+3.18 σ
+3.36 σ
 +18.81% 12:59 PM
ECH Chile 15.33
Expensive
Fair
Fair
 10.14 13.16 14.57
+2.11 σ
+0.79 σ
+0.42 σ
 +23.47% 12:56 PM
NORW Norway 15.17
Expensive
Overvalued
Expensive
 10.79 12.62 11.57
+2.27 σ
+1.40 σ
+2.26 σ
 +17.67% 12:59 PM
EDEN Denmark 14.88
Fair
Undervalued
Fair
 16.80 18.18 16.55
-0.61 σ
-1.25 σ
-0.91 σ
 -4.70% 12:37 PM
EWP Spain 14.84
Expensive
Expensive
Expensive
 11.29 11.86 11.55
+2.85 σ
+2.44 σ
+2.19 σ
 +17.13% 12:56 PM
EIRL Ireland 14.55
Fair
Fair
Fair
 15.22 15.60 16.16
-0.32 σ
-0.56 σ
-0.66 σ
 +7.61% 11:32 AM
EWI Italy 14.14
Overvalued
Overvalued
Overvalued
 10.61 11.41 11.16
+1.99 σ
+1.86 σ
+1.88 σ
 +11.86% 12:53 PM
EWW Mexico 13.89
Overvalued
Fair
Fair
 12.53 13.71 14.27
+1.51 σ
+0.12 σ
-0.22 σ
 +20.31% 12:59 PM
EPOL Poland 13.52
Overvalued
Overvalued
Overvalued
 10.15 11.03 11.45
+1.62 σ
+1.83 σ
+1.69 σ
 +13.48% 01:00 PM
EWZ Brazil 13.00
Expensive
Overvalued
Expensive
 7.96 10.01 9.97
+4.01 σ
+1.59 σ
+2.09 σ
 +25.39% 01:00 PM
EIDO Indonesia 12.65
Fair
Undervalued
Fair
 12.95 14.19 13.65
-0.22 σ
-1.09 σ
-0.83 σ
 -1.73% 12:55 PM
QAT Qatar 12.36
Fair
-
-
 13.10 - -
-0.35 σ
-
-
 +1.01% 12:07 PM
FXI China 10.56
Fair
Fair
Fair
 10.28 11.16 11.03
+0.22 σ
-0.45 σ
-0.28 σ
 -3.99% 01:00 PM
GREK Greece 10.39
Fair
Fair
Fair
 9.51 11.34 10.99
+0.45 σ
-0.48 σ
-0.27 σ
 +11.41% 12:39 PM
EPHE Philippines 10.09
Undervalued
Undervalued
Cheap
 12.79 14.98 15.22
-1.06 σ
-1.91 σ
-2.37 σ
 +7.73% 12:59 PM
COLO Colombia 8.89
Overvalued
Fair
Undervalued
 7.25 9.49 12.45
+1.04 σ
-0.27 σ
-1.24 σ
 +15.41% 12:59 PM
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).