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2026-09-23

South Korea's Forward P/E Relative to EM Falls to About 0.5, the Widest Discount Since 2001

South Korea's Forward P/E Relative to EM Falls to About 0.5, the Widest Discount Since 2001

Key points

South Korea forward P/E relative to emerging markets (since 2001, with average) | Latest about 0.5x versus a long-run average near 0.83, the deepest discount since 2001

Image source: @AugurInfinity