How does Martin Currie Emerging Markets Fund Class IS’s P/E ratio compare with its history?
On this page, MCEMX's current P/E is 20.3, compared with a multi-year average around 10.8. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.