Breadcrumb Home August 05, 2013 01:00 AM Emerging value The recent underperformance of emerging markets stocks could present an opportunity for investors looking for value. Tweet Share Share Email More Toggle Fullscreen Share Bloomberg LP Emerging markets equities have significantly diverged from their developed markets counterparts since the beginning of 2011. Toggle Fullscreen Share Bloomberg LP Stock markets in smaller emerging economies have posted gains, while BRIC countries' returns have fallen. Toggle Fullscreen Share Bloomberg LP At the end of July, the price-to-earnings ratio for emerging markets stocks was 14% below its monthly median over the past 15 years. Toggle Fullscreen Share eVestment Use of eVestment's data on emerging markets money managers has increased steadily duting the past six months. Database activity tends to indicate future flows, according to the firm.