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 30.82
Fair
Fair
Overvalued
 27.18 27.23 21.17
+0.90 σ
+0.88 σ
+1.76 σ
 +4.31% 11:32 AM
VTI United States 26.78
Overvalued
Expensive
Expensive
 22.49 19.87 16.67
+1.80 σ
+2.50 σ
+3.59 σ
 +4.78% 01:00 PM
EWL Switzerland 24.38
Expensive
Expensive
Expensive
 19.61 18.17 15.81
+2.12 σ
+3.57 σ
+3.96 σ
 +14.08% 12:59 PM
INDA India 23.32
Fair
Overvalued
Overvalued
 23.08 20.66 17.99
+0.19 σ
+1.08 σ
+1.90 σ
 -2.72% 12:59 PM
EWA Australia 23.15
Expensive
Expensive
Expensive
 17.14 16.47 14.83
+2.53 σ
+3.89 σ
+5.14 σ
 +12.59% 01:00 PM
EWT Taiwan 22.86
Expensive
Expensive
Expensive
 16.00 14.95 14.02
+2.97 σ
+4.49 σ
+5.37 σ
 +20.81% 12:59 PM
EWY South Korea 22.08
Expensive
Expensive
Expensive
 10.45 10.19 9.90
+10.12 σ
+11.27 σ
+13.00 σ
 +72.31% 01:00 PM
EWC Canada 21.17
Expensive
Expensive
Expensive
 15.73 15.26 14.40
+2.26 σ
+3.93 σ
+5.68 σ
 +15.58% 01:00 PM
EWU United Kingdom 21.08
Expensive
Expensive
Expensive
 13.14 13.35 12.31
+2.90 σ
+4.50 σ
+5.45 σ
 +14.78% 12:59 PM
EWH Hong Kong 20.58
Expensive
Expensive
Expensive
 15.46 15.24 15.22
+4.44 σ
+5.82 σ
+5.39 σ
 +13.27% 12:59 PM
EWQ France 19.92
Overvalued
Expensive
Expensive
 16.52 15.37 13.37
+1.78 σ
+2.67 σ
+3.20 σ
 +8.61% 12:55 PM
EWK Belgium 19.73
Overvalued
Overvalued
Overvalued
 16.15 16.88 14.85
+1.33 σ
+1.47 σ
+1.88 σ
 +12.71% 12:58 PM
EWN Netherlands 19.22
Fair
Overvalued
Expensive
 18.03 16.91 14.31
+0.45 σ
+1.18 σ
+2.08 σ
 +10.43% 12:55 PM
EWD Sweden 19.06
Overvalued
Overvalued
Expensive
 16.45 16.09 14.86
+1.12 σ
+1.92 σ
+2.70 σ
 +14.24% 12:46 PM
EWG Germany 18.67
Expensive
Expensive
Expensive
 14.14 13.61 12.45
+2.11 σ
+3.43 σ
+4.74 σ
 +5.74% 12:59 PM
EWJ Japan 18.23
Expensive
Expensive
Expensive
 14.84 14.24 14.43
+2.37 σ
+2.86 σ
+2.41 σ
 +15.14% 01:00 PM
EZA South Africa 18.04
Expensive
Expensive
Expensive
 10.62 12.12 11.90
+4.51 σ
+3.05 σ
+3.71 σ
 +29.66% 12:57 PM
EPU Perù 18.02
Expensive
Expensive
Expensive
 12.09 12.78 12.31
+3.05 σ
+3.70 σ
+3.96 σ
 +50.63% 12:58 PM
VNM Vietnam 17.78
Fair
-
-
 15.64 - -
+0.78 σ
-
-
 +11.27% 01:00 PM
EIS Israel 17.67
Expensive
Expensive
Expensive
 11.88 11.32 10.98
+3.01 σ
+5.01 σ
+4.38 σ
 +17.02% 12:57 PM
EWS Singapore 17.16
Expensive
Expensive
Expensive
 13.65 13.24 13.38
+2.53 σ
+3.82 σ
+4.01 σ
 +4.02% 12:57 PM
THD Thailand 16.84
Fair
Fair
Fair
 17.57 17.52 15.81
-0.32 σ
-0.34 σ
+0.42 σ
 +26.95% 12:45 PM
EWM Malaysia 15.95
Expensive
Overvalued
Overvalued
 14.33 15.08 14.70
+2.13 σ
+1.15 σ
+1.58 σ
 +12.26% 12:58 PM
ARGT Argentina 15.59
Overvalued
Expensive
Overvalued
 12.57 12.44 10.66
+1.59 σ
+2.43 σ
+1.99 σ
 +3.50% 12:58 PM
NORW Norway 15.30
Expensive
Overvalued
Expensive
 10.79 12.62 11.57
+2.34 σ
+1.47 σ
+2.34 σ
 +18.52% 12:50 PM
TUR Turkey 15.28
Expensive
Expensive
Expensive
 5.96 6.42 7.94
+5.44 σ
+7.43 σ
+4.54 σ
 +17.43% 12:59 PM
EWO Austria 15.21
Expensive
Expensive
Expensive
 8.35 9.61 9.95
+3.52 σ
+3.10 σ
+3.28 σ
 +17.58% 12:53 PM
ECH Chile 15.08
Expensive
Fair
Fair
 10.14 13.16 14.57
+2.00 σ
+0.69 σ
+0.28 σ
 +21.21% 12:59 PM
EDEN Denmark 14.91
Fair
Undervalued
Fair
 16.80 18.18 16.55
-0.61 σ
-1.24 σ
-0.89 σ
 -4.51% 12:44 PM
EWP Spain 14.75
Expensive
Expensive
Expensive
 11.29 11.86 11.55
+2.78 σ
+2.36 σ
+2.12 σ
 +16.15% 12:59 PM
EIRL Ireland 14.64
Fair
Fair
Fair
 15.22 15.60 16.16
-0.28 σ
-0.52 σ
-0.63 σ
 +8.15% 12:48 PM
EWW Mexico 14.13
Overvalued
Fair
Fair
 12.53 13.71 14.27
+1.77 σ
+0.28 σ
-0.08 σ
 +22.14% 12:59 PM
EWI Italy 14.08
Overvalued
Overvalued
Overvalued
 10.61 11.41 11.16
+1.96 σ
+1.81 σ
+1.84 σ
 +11.25% 01:00 PM
EPOL Poland 13.54
Overvalued
Overvalued
Overvalued
 10.15 11.03 11.45
+1.63 σ
+1.85 σ
+1.70 σ
 +13.49% 12:52 PM
EWZ Brazil 12.99
Expensive
Overvalued
Expensive
 7.96 10.01 9.97
+4.00 σ
+1.59 σ
+2.08 σ
 +25.06% 01:00 PM
EIDO Indonesia 12.66
Fair
Undervalued
Fair
 12.95 14.19 13.65
-0.21 σ
-1.08 σ
-0.81 σ
 -1.63% 12:53 PM
QAT Qatar 12.33
Fair
-
-
 13.10 - -
-0.37 σ
-
-
 +0.68% 12:27 PM
FXI China 10.62
Fair
Fair
Fair
 10.28 11.16 11.03
+0.27 σ
-0.41 σ
-0.25 σ
 -3.49% 01:00 PM
GREK Greece 10.30
Fair
Fair
Fair
 9.51 11.34 10.99
+0.40 σ
-0.53 σ
-0.31 σ
 +10.18% 12:52 PM
EPHE Philippines 10.04
Undervalued
Undervalued
Cheap
 12.79 14.98 15.22
-1.08 σ
-1.93 σ
-2.39 σ
 +7.17% 12:46 PM
COLO Colombia 8.77
Fair
Fair
Undervalued
 7.25 9.49 12.45
+0.97 σ
-0.32 σ
-1.28 σ
 +13.74% 01:00 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).