From the mid of May we are in correction mode on stock markets globally. Some indexes are approaching and testing March lows. Let’s have a look at fundamental indicators for emerging markets. There are some exceptions but generally we are below P/E valuation 20. Which is very interesting level for markets with still high estimated growth like China or Brazil. From P/E ratio perspective Turkey is the winner where indicator is even below 10. Also the cheapest based on Price / Cash flow ratio and the market with one of the highest dividend yield.
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Emerging Markets |
Div |
P/B |
P/CF |
P/E |
Argentina |
0.85 |
3.11 |
10.75 |
16.24 |
Brazil |
1.09 |
2.63 |
6.89 |
18.11 |
Chile |
2.68 |
2.29 |
8.56 |
18.01 |
China |
1.56 |
3.15 |
12.35 |
19.75 |
Colombia |
1.81 |
1.34 |
8.05 |
16.12 |
Czech Republic |
2.82 |
3.16 |
9.29 |
16.71 |
Egypt |
2.17 |
4.43 |
11.42 |
16.56 |
India |
0.94 |
4.53 |
14.48 |
21.1 |
Indonesia |
2.03 |
3.83 |
12.93 |
20.11 |
Israel |
2.81 |
2.17 |
9.27 |
14.49 |
Jordan |
1.64 |
2.42 |
16.64 |
19.01 |
Malaysia |
3 |
1.78 |
8.27 |
13.25 |
Mexico |
1.22 |
3.41 |
9.32 |
15.33 |
Morocco |
2.09 |
4.45 |
19.94 |
28.7 |
Nigeria |
1.92 |
4.54 |
6.3 |
27.18 |
Pakistan |
4.45 |
2.54 |
7.98 |
11.27 |
Peru |
2.95 |
4.27 |
12.62 |
14.86 |
Philippines |
2.91 |
1.8 |
7.42 |
12.66 |
Poland |
2.88 |
2.21 |
9.43 |
12.4 |
Russia |
0.9 |
2.46 |
15.06 |
15.02 |
Slovenia |
0.95 |
2.41 |
12.7 |
25.72 |
South Africa |
2.85 |
2.94 |
10.82 |
14.56 |
Taiwan |
3.39 |
1.94 |
7.31 |
15.57 |
Thailand |
3.6 |
2.07 |
8.05 |
14.63 |
Turkey |
3.62 |
1.69 |
5.35 |
9.46 |
Related tickers: (EWZ), (BZF), (ECH), (CH), (EPI), (FNI), (INP), (IFN), (ICN), (IF), (EIS), (ISL), (TAV), (EWM), (MAY), (EWW), (FXM), (MXF), (MXE), (RSX), (EZA), (TWN), (THD), (TTF), (TF), (TUR), (TKF),
Via StraightStocks:
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