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
+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 26.82
Fair
Fair
Fair
27.07 27.37 21.33
-0.06 σ
-0.14 σ
+0.99 σ
-5.25% 29 Apr
VTI United States 25.02
Fair
Overvalued
Expensive
22.65 20.07 16.76
+0.94 σ
+1.74 σ
+2.85 σ
+6.05% 29 Apr
EWT Taiwan 23.78
Expensive
Expensive
Expensive
16.05 15.08 14.09
+3.22 σ
+4.82 σ
+5.70 σ
+30.66% 29 Apr
EWL Switzerland 21.95
Fair
Overvalued
Expensive
19.81 18.31 15.86
+0.90 σ
+2.00 σ
+2.73 σ
+2.85% 29 Apr
INDA India 21.19
Undervalued
Fair
Overvalued
23.07 20.73 18.00
-1.47 σ
+0.19 σ
+1.12 σ
-6.43% 29 Apr
EWA Australia 19.68
Fair
Overvalued
Expensive
17.27 16.59 14.88
+0.97 σ
+1.73 σ
+2.85 σ
+4.73% 29 Apr
EWC Canada 19.01
Overvalued
Expensive
Expensive
15.91 15.34 14.42
+1.22 σ
+2.27 σ
+3.74 σ
+8.60% 29 Apr
EWY South Korea 17.74
Expensive
Expensive
Expensive
10.45 10.24 9.92
+6.28 σ
+6.70 σ
+8.11 σ
+50.39% 29 Apr
EIS Israel 17.72
Expensive
Expensive
Expensive
11.92 11.39 10.98
+2.94 σ
+4.83 σ
+4.42 σ
+19.11% 29 Apr
EWH Hong Kong 17.65
Overvalued
Expensive
Expensive
15.46 15.32 15.24
+1.89 σ
+2.48 σ
+2.37 σ
+5.30% 29 Apr
EWK Belgium 17.42
Fair
Fair
Fair
16.14 16.89 14.92
+0.47 σ
+0.27 σ
+0.95 σ
+3.15% 29 Apr
NORW Norway 17.25
Expensive
Expensive
Expensive
10.79 12.65 11.60
+3.35 σ
+2.49 σ
+3.48 σ
+19.99% 29 Apr
EWU United Kingdom 17.24
Overvalued
Expensive
Expensive
13.35 13.40 12.34
+1.31 σ
+2.14 σ
+2.98 σ
+5.06% 29 Apr
EWQ France 17.21
Fair
Fair
Overvalued
16.58 15.49 13.42
+0.32 σ
+0.99 σ
+1.81 σ
+0.19% 29 Apr
EWN Netherlands 17.20
Fair
Fair
Overvalued
17.80 17.00 14.37
-0.26 σ
+0.10 σ
+1.18 σ
+5.32% 29 Apr
EWJ Japan 16.81
Overvalued
Overvalued
Overvalued
14.84 14.34 14.43
+1.38 σ
+1.72 σ
+1.51 σ
+4.70% 29 Apr
EWG Germany 16.64
Overvalued
Overvalued
Expensive
14.24 13.74 12.48
+1.06 σ
+1.86 σ
+3.07 σ
-1.18% 29 Apr
EWD Sweden 16.52
Fair
Fair
Overvalued
16.40 16.18 14.89
+0.05 σ
+0.22 σ
+1.02 σ
+2.70% 29 Apr
TUR Turkey 15.69
Expensive
Expensive
Expensive
6.21 6.45 7.94
+4.44 σ
+7.47 σ
+4.79 σ
+15.36% 29 Apr
VNM Vietnam 15.56
Fair
Fair
-
15.43 16.68 -
+0.06 σ
-0.38 σ
-
+4.62% 29 Apr
EWS Singapore 15.46
Overvalued
Expensive
Expensive
13.74 13.32 13.39
+1.15 σ
+2.05 σ
+2.17 σ
+0.17% 29 Apr
ARGT Argentina 15.37
Overvalued
Expensive
Overvalued
12.77 12.57 10.71
+1.28 σ
+2.07 σ
+1.84 σ
+4.61% 29 Apr
EWM Malaysia 15.33
Overvalued
Fair
Fair
14.40 15.09 14.72
+1.17 σ
+0.31 σ
+0.77 σ
+8.36% 29 Apr
THD Thailand 15.23
Undervalued
Undervalued
Fair
17.35 17.45 15.87
-1.01 σ
-1.11 σ
-0.27 σ
+10.98% 29 Apr
EDEN Denmark 14.99
Fair
Undervalued
Fair
16.46 18.10 16.56
-0.53 σ
-1.17 σ
-0.85 σ
-3.01% 29 Apr
EWO Austria 14.36
Expensive
Expensive
Expensive
8.38 9.64 9.95
+2.98 σ
+2.56 σ
+2.75 σ
+14.52% 29 Apr
EWP Spain 14.07
Expensive
Overvalued
Overvalued
11.29 11.92 11.57
+2.23 σ
+1.68 σ
+1.64 σ
+7.22% 29 Apr
EPU Perù 13.56
Fair
Fair
Fair
12.12 12.86 12.31
+0.72 σ
+0.47 σ
+0.86 σ
+11.67% 29 Apr
EWW Mexico 13.48
Overvalued
Fair
Fair
12.52 13.66 14.28
+1.06 σ
-0.13 σ
-0.46 σ
+8.17% 29 Apr
EWI Italy 13.32
Overvalued
Overvalued
Overvalued
10.61 11.46 11.16
+1.53 σ
+1.24 σ
+1.36 σ
+6.76% 29 Apr
EIRL Ireland 13.29
Fair
Undervalued
Undervalued
14.97 15.57 16.17
-0.97 σ
-1.22 σ
-1.19 σ
+2.82% 29 Apr
ECH Chile 13.24
Overvalued
Fair
Fair
10.14 13.17 14.56
+1.26 σ
+0.03 σ
-0.73 σ
+9.09% 29 Apr
EWZ Brazil 12.40
Expensive
Overvalued
Overvalued
7.99 10.04 10.02
+3.37 σ
+1.23 σ
+1.64 σ
+16.51% 29 Apr
EPOL Poland 11.81
Fair
Fair
Fair
10.16 11.05 11.46
+0.79 σ
+0.55 σ
+0.29 σ
+8.93% 29 Apr
COLO Colombia 10.98
Expensive
Fair
Fair
7.21 9.46 12.38
+2.48 σ
+0.68 σ
-0.49 σ
+6.21% 29 Apr
QAT Qatar 10.84
Undervalued
Undervalued
-
12.91 13.39 -
-1.06 σ
-1.97 σ
-
-2.05% 29 Apr
EIDO Indonesia 10.81
Undervalued
Cheap
Cheap
12.83 14.14 13.67
-1.61 σ
-2.31 σ
-2.37 σ
-15.03% 29 Apr
GREK Greece 9.91
Fair
Fair
Fair
9.45 11.36 10.96
+0.24 σ
-0.74 σ
-0.48 σ
+4.05% 29 Apr
FXI China 9.79
Fair
Undervalued
Fair
10.16 11.17 11.02
-0.35 σ
-1.04 σ
-0.73 σ
-6.04% 29 Apr
EZA South Africa 9.08
Fair
Undervalued
Undervalued
10.75 12.13 11.93
-0.93 σ
-1.56 σ
-1.69 σ
+0.19% 29 Apr
EPHE Philippines 8.43
Undervalued
Cheap
Cheap
12.51 14.84 15.19
-1.66 σ
-2.43 σ
-3.07 σ
-5.76% 29 Apr
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).