An investor may prefer to invest in an entire continent or geographic area because it provides diversification and spread of risk.
Investing in a larger area, such as an entire continent, provides exposure to a broader range of markets and industries, reducing the impact of negative events in any one specific market.
Highest P/E Ratio:
Highest deviation vs 10Y Avg P/E:
Europe: +3.52 σ
CONTINENTS P/E RATIO
Markets grouped geographically
Last Update: 05 May 2025
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P/E Evaluation
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Historical P/E Average
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P/E Deviation vs Avg
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Trend Margin |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 25.82 |
Expensive
|
Expensive
|
Expensive
|
21.88 | 19.10 | 16.31 |
+2.13 σ
|
+2.91 σ
|
+3.84 σ
|
-2.10% | 09:30 AM |
| VT | All World | 21.20 |
Overvalued
|
Expensive
|
Expensive
|
18.20 | 16.46 | 14.58 |
+1.93 σ
|
+2.96 σ
|
+3.92 σ
|
+0.91% | 09:30 AM | |
| VGK | Europe | 17.41 |
Expensive
|
Expensive
|
Expensive
|
13.98 | 13.69 | 12.46 |
+2.11 σ
|
+3.52 σ
|
+3.53 σ
|
+8.70% | 09:30 AM | |
| AAXJ | Asia ex-Japan | 16.14 |
Overvalued
|
Expensive
|
Expensive
|
14.65 | 13.83 | 13.28 |
+1.07 σ
|
+2.17 σ
|
+2.39 σ
|
+4.31% | 09:30 AM | |
| VPL | Pacific | 14.36 |
Fair
|
Fair
|
Fair
|
14.55 | 14.28 | 14.24 |
-0.14 σ
|
+0.09 σ
|
+0.11 σ
|
+3.30% | 09:30 AM | |
| FLLA | Latin America | 10.40 |
Fair
|
Fair
|
Fair
|
9.22 | 11.35 | 11.50 |
+0.79 σ
|
-0.47 σ
|
-0.72 σ
|
+5.25% | 09:30 AM | |
| AFK | Africa | 9.60 |
Undervalued
|
Undervalued
|
Undervalued
|
11.11 | 12.81 | 12.35 |
-1.15 σ
|
-1.86 σ
|
-2.00 σ
|
+10.17% | 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).
CONTINENTS - EVALUATION DIAGRAM
Long Term Trend and P/E Ratio
Last Update: 05 May 2025
