The table below shows the current & historical equity market valuations of selected Emerging Markets. The trailing price-earnings (P/E) ratio of MSCI Emerging Markets index is currently 15.02 (12/31/2018.) Forward P/E ratio of the index is 12.58. Among the emerging economies, the Indian stock market is clearly the most expensive while Russia is the cheapest.
For complete data for 20+ countries, check the Global Equity Valuations Researcher Dataset by Siblis Research.
Emerging Markets Valuations: Trailing 12 Months & Forward P/E Ratios
Need comprehensive historical valuation data? Subscribe for the Global Equity Valuations Researcher Dataset by Siblis Research that provides current and historical P/E (TTM) ratios, forward P/E ratios, CAPE ratios, dividend yields, market cap to GNI ratios, sector breakdowns and long-term interest rates of the largest economies and stock markets in the world. Check a sample dataset from here.