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)
EWT Taiwan 27.73
Expensive
Expensive
Expensive
16.61 15.43 14.28
+3.75 σ
+6.24 σ
+7.31 σ
+29.67% 09:30 AM
ENZL New Zealand 24.54
Fair
Fair
Fair
26.84 27.52 21.67
-0.60 σ
-0.75 σ
+0.52 σ
-2.31% 09:30 AM
VTI United States 23.90
Fair
Overvalued
Expensive
23.07 20.51 17.01
+0.31 σ
+1.12 σ
+2.21 σ
+5.77% 09:30 AM
EWL Switzerland 23.42
Overvalued
Expensive
Expensive
20.22 18.64 16.06
+1.23 σ
+2.33 σ
+3.10 σ
-2.67% 09:30 AM
INDA India 21.31
Undervalued
Fair
Overvalued
23.11 21.00 18.17
-1.42 σ
+0.13 σ
+1.08 σ
-6.03% 09:30 AM
EWA Australia 19.76
Fair
Overvalued
Expensive
17.66 16.83 15.03
+0.78 σ
+1.49 σ
+2.59 σ
-0.83% 09:30 AM
EWN Netherlands 18.82
Fair
Fair
Overvalued
17.44 17.24 14.56
+0.85 σ
+0.80 σ
+1.71 σ
+6.82% 09:30 AM
EWJ Japan 18.77
Expensive
Expensive
Expensive
14.99 14.60 14.44
+2.34 σ
+2.72 σ
+2.70 σ
+7.01% 09:30 AM
EWS Singapore 18.59
Expensive
Expensive
Expensive
13.99 13.51 13.44
+2.68 σ
+4.36 σ
+5.10 σ
+11.83% 09:30 AM
EWC Canada 18.51
Fair
Overvalued
Expensive
16.37 15.50 14.52
+0.76 σ
+1.63 σ
+3.01 σ
+2.21% 09:30 AM
EWG Germany 17.57
Overvalued
Expensive
Expensive
14.53 14.00 12.58
+1.20 σ
+2.04 σ
+3.40 σ
-1.17% 09:30 AM
EIS Israel 17.20
Expensive
Expensive
Expensive
12.19 11.58 11.00
+2.15 σ
+3.89 σ
+3.98 σ
-0.80% 09:30 AM
EWQ France 16.92
Fair
Fair
Overvalued
16.66 15.70 13.58
+0.13 σ
+0.68 σ
+1.53 σ
-4.72% 09:30 AM
EWU United Kingdom 16.47
Fair
Overvalued
Expensive
13.85 13.50 12.44
+0.81 σ
+1.52 σ
+2.32 σ
+0.46% 09:30 AM
EDEN Denmark 15.62
Fair
Fair
Fair
15.88 17.96 16.59
-0.13 σ
-0.87 σ
-0.54 σ
-2.15% 09:30 AM
EWP Spain 15.58
Expensive
Expensive
Expensive
11.32 12.05 11.63
+3.27 σ
+2.46 σ
+2.48 σ
+4.40% 09:30 AM
EIRL Ireland 15.44
Fair
Fair
Fair
14.55 15.53 16.23
+0.98 σ
-0.05 σ
-0.33 σ
+8.73% 09:30 AM
EWI Italy 14.69
Expensive
Expensive
Expensive
10.70 11.54 11.20
+2.12 σ
+2.00 σ
+2.15 σ
+2.83% 09:30 AM
EWK Belgium 14.52
Fair
Undervalued
Fair
15.96 16.82 15.08
-0.57 σ
-1.20 σ
-0.22 σ
+0.14% 09:30 AM
THD Thailand 14.30
Undervalued
Undervalued
Fair
16.80 17.18 15.97
-1.39 σ
-1.55 σ
-0.73 σ
+4.08% 09:30 AM
EWD Sweden 14.28
Fair
Undervalued
Fair
16.04 16.23 14.97
-0.86 σ
-1.26 σ
-0.44 σ
-1.50% 09:30 AM
ARGT Argentina 13.83
Fair
Fair
Overvalued
13.17 12.84 10.86
+0.30 σ
+0.69 σ
+1.14 σ
-7.06% 09:30 AM
VNM Vietnam 13.46
Fair
Undervalued
-
15.01 16.91 -
-0.78 σ
-1.28 σ
-
-5.64% 09:30 AM
EPOL Poland 13.20
Overvalued
Overvalued
Overvalued
10.13 11.10 11.48
+1.49 σ
+1.48 σ
+1.39 σ
+12.20% 09:30 AM
EWO Austria 13.11
Overvalued
Overvalued
Overvalued
8.68 9.77 9.96
+1.75 σ
+1.70 σ
+1.93 σ
+9.92% 09:30 AM
EWH Hong Kong 12.94
Cheap
Cheap
Cheap
15.51 15.46 15.28
-2.08 σ
-2.44 σ
-2.21 σ
-2.31% 09:30 AM
NORW Norway 12.79
Overvalued
Fair
Fair
10.78 12.68 11.67
+1.04 σ
+0.06 σ
+0.67 σ
+0.93% 09:30 AM
TUR Turkey 12.23
Overvalued
Expensive
Expensive
7.11 6.56 7.99
+1.65 σ
+3.79 σ
+2.56 σ
-11.64% 09:30 AM
EWW Mexico 11.92
Fair
Undervalued
Undervalued
12.39 13.46 14.26
-0.62 σ
-1.20 σ
-1.35 σ
-4.94% 09:30 AM
GREK Greece 11.60
Overvalued
Fair
Fair
9.34 11.32 10.91
+1.27 σ
+0.14 σ
+0.32 σ
+15.43% 09:30 AM
ECH Chile 11.32
Fair
Fair
Undervalued
10.05 13.09 14.48
+0.54 σ
-0.64 σ
-1.75 σ
-7.75% 09:30 AM
QAT Qatar 10.60
Undervalued
Undervalued
-
12.31 13.33 -
-1.15 σ
-2.00 σ
-
-11.82% 09:30 AM
EWY South Korea 10.31
Fair
Fair
Fair
10.85 10.40 9.99
-0.28 σ
-0.07 σ
+0.32 σ
+20.83% 09:30 AM
EWZ Brazil 10.10
Overvalued
Fair
Fair
8.24 10.08 10.13
+1.14 σ
+0.01 σ
-0.02 σ
+0.43% 09:30 AM
COLO Colombia 10.01
Overvalued
Fair
Fair
7.27 9.44 12.26
+1.70 σ
+0.26 σ
-0.81 σ
+11.58% 09:30 AM
EIDO Indonesia 8.94
Cheap
Cheap
Cheap
12.41 13.91 13.66
-3.07 σ
-3.26 σ
-3.89 σ
-20.47% 09:30 AM
FXI China 8.84
Undervalued
Undervalued
Undervalued
9.87 11.11 10.95
-1.31 σ
-1.64 σ
-1.25 σ
-6.77% 09:30 AM
EPU Perù 8.83
Undervalued
Cheap
Cheap
12.32 12.89 12.41
-1.71 σ
-2.73 σ
-2.54 σ
+5.96% 09:30 AM
EZA South Africa 8.43
Undervalued
Undervalued
Cheap
10.69 11.86 11.89
-1.24 σ
-1.76 σ
-2.01 σ
-6.33% 09:30 AM
EWM Malaysia 7.68
Cheap
Cheap
Cheap
14.45 15.03 14.75
-8.43 σ
-9.24 σ
-9.22 σ
-4.11% 09:30 AM
EPHE Philippines 7.55
Undervalued
Cheap
Cheap
11.73 14.40 15.14
-1.92 σ
-2.49 σ
-3.32 σ
-8.59% 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).