Fidelity Emerging MarketsCHIX:FEMLL +1.86%35 PS Ratio is 3.99 as of Jul. 01, 2026, which is 45% below its 10-year median of 7.29. GuruFocus rates CHIX:FEMLL with a GF Score™ of 35/100 and a GF Value™ of £32.38 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,406 Asset Management companies, Fidelity Emerging Markets ranks better than 72.83% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Fidelity Emerging Markets's share price is £15.36.
Fidelity Emerging Markets's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was £3.85. Hence, Fidelity Emerging Markets's PS Ratio for today is 3.99.
Warning Sign:
Fidelity Emerging Markets Ltd stock PS Ratio (=10.58) is close to 1-year high of 10.58.
The historical rank and industry rank for Fidelity Emerging Markets's PS Ratio or its related term are showing as below:
CHIX:FEMLl'
s PS Ratio Range Over the Past 10 Years
Min: 2.11 Med: 7.29 Max: 35.01
Current: 3.99
During the past 13 years, Fidelity Emerging Markets's highest PS Ratio was 35.01. The lowest was 2.11. And the median was 7.29.
CHIX:FEMLl's PS Ratio is ranked better than 72.83% of 1406
companies
in the Asset Management industry
Industry Median: 7.36
vs CHIX:FEMLl: 3.99
During the past 13 years, Fidelity Emerging Markets's highest 3-Year average Revenue per Share Growth Rate was 62.80% per year. The lowest was -25.60% per year. And the median was 8.70% per year.
Back to Basics: PS Ratio
Fidelity Emerging Markets (CHIX:FEMLl) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Fidelity Emerging Markets PS Ratio Related Terms
Fidelity Emerging Markets PS Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Fidelity Emerging Markets's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fidelity Emerging Markets PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fidelity Emerging Markets's PS Ratio distribution charts can be found below:
* The bar in red indicates where Fidelity Emerging Markets's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Fidelity Emerging Markets's Share Price of today is £15.36.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fidelity Emerging Markets's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was £3.85.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
Fidelity Emerging Markets (CHIX:FEMLL) has a PS Ratio of 3.99 as of Jul. 01, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Fidelity Emerging Markets and its competitors. This is 45% below median its historical median of 7.29. Over the past decade, Fidelity Emerging Markets' PS Ratio has ranged from 2.11 to 35.01. According to the industry distribution chart, Fidelity Emerging Markets ranks #382 out of 1406 companies in the Asset Management industry, placing it in the top 27.2%.
Is Fidelity Emerging Markets' PS Ratio too high?
Fidelity Emerging Markets' current PS Ratio of 3.99 is 45% below median its 10-year median of 7.29. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 35.01. The Asset Management industry median PS Ratio is 7.36. Fidelity Emerging Markets' value of 3.99 is 45.8% below this industry median. Based on the distribution chart, Fidelity Emerging Markets ranks #382 out of 1406 companies in the Asset Management industry, which is above the industry midpoint. Overall, Fidelity Emerging Markets has a GF Score™ of 35/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fidelity Emerging Markets' PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Fidelity Emerging Markets ranks #382 out of 1406 companies for PS Ratio. This puts Fidelity Emerging Markets in the upper half of its industry. The industry median PS Ratio is 7.36. Fidelity Emerging Markets' value of 3.99 is 45.8% below this benchmark. Historically, Fidelity Emerging Markets' own PS Ratio has ranged from 2.11 to 35.01 over the past decade. While the company's 10-year median is 7.29 vs. the industry median of 7.36, Fidelity Emerging Markets has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for an Asset Management company?
The median PS Ratio among Asset Management companies is 7.36, based on 1,406 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fidelity Emerging Markets's current PS Ratio of 3.99 is 45.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Fidelity Emerging Markets and its competitors. For the Asset Management industry, the median PS Ratio is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fidelity Emerging Markets's current PS Ratio is 3.99, which is 45% below median its own 10-year median of 7.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity Emerging Markets stock overvalued right now?
Based on GuruFocus' analysis, Fidelity Emerging Markets (CHIX:FEMLL) is currently considered Significantly Undervalued. The stock's GF Value™ is £32.38, compared to a current price of £15.36 — trading 52.6% below its estimated fair value. The current PS Ratio is 3.99, which is 45% below median its 10-year median of 7.29 and 45.8% below the Asset Management industry median of 7.36. Fidelity Emerging Markets' overall GF Score™ is 35/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Fidelity Emerging Markets (CHIX:FEMLL), the current PS Ratio is 3.99 as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fidelity Emerging Markets (CHIX:FEMLL) Overvalued in 2026?
Based on GuruFocus' analysis, Fidelity Emerging Markets stock appears to be undervalued.
The current stock price of £15.36 is trading 52.6% below its estimated GF Value™ of £32.38.
GuruFocus considers Fidelity Emerging Markets to be Significantly Undervalued.
Key valuation signals for CHIX:FEMLL:
PS Ratio: 3.99 (45% below median its 10-year median of 7.29)
GF Value™: £32.38 vs. price of £15.36 (52.6% below fair value)
Industry Position: 45.8% below the Asset Management median (#382 of 1406)
No single metric tells the full story. See the CHIX:FEMLL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fidelity Emerging Markets Ltd is a closed-ended investment fund. Its investment objective is to achieve long-term capital growth from an actively managed portfolio made up of securities and financial instruments providing exposure to Emerging Market companies, both listed and unlisted.
35GF Score
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