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 28.29
Expensive
Expensive
Expensive
 16.46 15.36 14.24
+4.19 σ
+6.71 σ
+7.75 σ
 +29.15% 09:30 AM
VTI United States 27.23
Overvalued
Expensive
Expensive
 23.01 20.44 16.95
+1.56 σ
+2.26 σ
+3.34 σ
 +9.76% 09:30 AM
ENZL New Zealand 26.87
Fair
Fair
Fair
 26.88 27.50 21.60
-0.00 σ
-0.16 σ
+0.96 σ
 +4.36% 09:30 AM
EWL Switzerland 25.78
Expensive
Expensive
Expensive
 20.13 18.57 16.02
+2.23 σ
+3.60 σ
+4.17 σ
 +5.65% 09:30 AM
INDA India 22.75
Fair
Fair
Overvalued
 23.13 20.95 18.14
-0.30 σ
+0.76 σ
+1.59 σ
 -1.47% 09:30 AM
EWA Australia 21.11
Overvalued
Expensive
Expensive
 17.56 16.79 14.99
+1.34 σ
+2.24 σ
+3.39 σ
 +6.81% 09:30 AM
EWN Netherlands 20.74
Overvalued
Overvalued
Expensive
 17.47 17.18 14.52
+1.95 σ
+1.82 σ
+2.53 σ
 +11.04% 09:30 AM
EWC Canada 20.59
Overvalued
Expensive
Expensive
 16.25 15.47 14.50
+1.57 σ
+2.85 σ
+4.69 σ
 +10.04% 09:30 AM
EWS Singapore 19.43
Expensive
Expensive
Expensive
 13.92 13.47 13.43
+3.32 σ
+5.26 σ
+6.03 σ
 +17.11% 09:30 AM
EWJ Japan 18.96
Expensive
Expensive
Expensive
 14.93 14.55 14.44
+2.61 σ
+2.94 σ
+2.83 σ
 +9.67% 09:30 AM
EWQ France 18.27
Fair
Overvalued
Expensive
 16.64 15.67 13.54
+0.81 σ
+1.46 σ
+2.18 σ
 +5.47% 09:30 AM
EWG Germany 17.89
Overvalued
Expensive
Expensive
 14.46 13.95 12.56
+1.39 σ
+2.31 σ
+3.70 σ
 +4.85% 09:30 AM
EWH Hong Kong 17.67
Overvalued
Expensive
Expensive
 15.48 15.44 15.28
+1.84 σ
+2.20 σ
+2.27 σ
 -0.76% 09:30 AM
EIRL Ireland 17.13
Expensive
Fair
Fair
 14.57 15.53 16.21
+2.65 σ
+0.85 σ
+0.38 σ
 +10.70% 09:30 AM
EIS Israel 17.03
Expensive
Expensive
Expensive
 12.11 11.54 10.99
+2.21 σ
+3.90 σ
+3.91 σ
 +2.00% 09:30 AM
EDEN Denmark 16.35
Fair
Fair
Fair
 15.95 17.97 16.58
+0.19 σ
-0.60 σ
-0.13 σ
 +1.59% 09:30 AM
EWP Spain 16.04
Expensive
Expensive
Expensive
 11.30 12.03 11.62
+3.72 σ
+2.87 σ
+2.80 σ
 +12.55% 09:30 AM
EWY South Korea 15.95
Expensive
Expensive
Expensive
 10.71 10.36 9.97
+3.19 σ
+4.38 σ
+5.90 σ
 +19.45% 09:30 AM
ARGT Argentina 15.78
Overvalued
Expensive
Overvalued
 13.09 12.79 10.86
+1.25 σ
+2.14 σ
+1.89 σ
 +0.60% 09:30 AM
EWU United Kingdom 15.63
Fair
Overvalued
Overvalued
 13.77 13.50 12.42
+0.58 σ
+1.09 σ
+1.87 σ
 +5.78% 09:30 AM
EWK Belgium 15.51
Fair
Fair
Fair
 16.04 16.85 15.06
-0.20 σ
-0.70 σ
+0.17 σ
 +4.81% 09:30 AM
EWI Italy 15.26
Expensive
Expensive
Expensive
 10.66 11.52 11.19
+2.49 σ
+2.41 σ
+2.52 σ
 +12.08% 09:30 AM
EPOL Poland 14.74
Expensive
Expensive
Expensive
 10.11 11.08 11.47
+2.27 σ
+2.61 σ
+2.66 σ
 +18.23% 09:30 AM
TUR Turkey 14.59
Expensive
Expensive
Expensive
 6.92 6.52 7.98
+2.60 σ
+5.82 σ
+4.01 σ
 +0.10% 09:30 AM
EWD Sweden 14.54
Fair
Undervalued
Fair
 16.13 16.24 14.96
-0.76 σ
-1.10 σ
-0.27 σ
 +5.10% 09:30 AM
VNM Vietnam 14.47
Fair
Fair
-
 15.09 16.87 -
-0.30 σ
-0.88 σ
-
 -3.44% 09:30 AM
THD Thailand 14.31
Undervalued
Undervalued
Fair
 16.94 17.25 15.96
-1.43 σ
-1.56 σ
-0.71 σ
 +8.63% 09:30 AM
EPU Perù 13.79
Fair
Fair
Fair
 12.23 12.88 12.38
+0.76 σ
+0.62 σ
+1.00 σ
 +11.77% 09:30 AM
EWM Malaysia 13.43
Undervalued
Cheap
Undervalued
 14.44 15.06 14.74
-1.26 σ
-2.07 σ
-1.70 σ
 -0.23% 09:30 AM
EWO Austria 13.14
Overvalued
Overvalued
Overvalued
 8.61 9.74 9.96
+1.86 σ
+1.77 σ
+1.96 σ
 +16.16% 09:30 AM
NORW Norway 12.93
Overvalued
Fair
Fair
 10.79 12.68 11.66
+1.10 σ
+0.13 σ
+0.76 σ
 +5.44% 09:30 AM
ECH Chile 12.12
Fair
Fair
Undervalued
 10.07 13.12 14.51
+0.87 σ
-0.36 σ
-1.32 σ
 -0.31% 09:30 AM
EWW Mexico 12.05
Fair
Undervalued
Undervalued
 12.43 13.50 14.27
-0.49 σ
-1.11 σ
-1.29 σ
 +2.38% 09:30 AM
COLO Colombia 11.33
Expensive
Fair
Fair
 7.24 9.44 12.29
+2.61 σ
+0.86 σ
-0.35 σ
 +21.04% 09:30 AM
GREK Greece 11.22
Overvalued
Fair
Fair
 9.34 11.33 10.91
+1.05 σ
-0.06 σ
+0.14 σ
 +16.01% 09:30 AM
EWZ Brazil 11.09
Overvalued
Fair
Fair
 8.16 10.08 10.11
+1.90 σ
+0.52 σ
+0.68 σ
 -4.48% 09:30 AM
QAT Qatar 10.94
Fair
Undervalued
-
 12.43 13.34 -
-0.94 σ
-1.78 σ
-
 -6.90% 09:30 AM
FXI China 9.76
Fair
Fair
Fair
 9.91 11.13 10.97
-0.19 σ
-1.00 σ
-0.72 σ
 -3.94% 09:30 AM
EIDO Indonesia 9.45
Cheap
Cheap
Cheap
 12.48 13.96 13.66
-2.66 σ
-2.98 σ
-3.47 σ
 -21.30% 09:30 AM
EZA South Africa 8.90
Fair
Undervalued
Undervalued
 10.70 11.92 11.90
-0.99 σ
-1.54 σ
-1.75 σ
 -0.22% 09:30 AM
EPHE Philippines 8.59
Undervalued
Cheap
Cheap
 11.90 14.49 15.15
-1.45 σ
-2.16 σ
-2.89 σ
 +2.30% 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).