West China Cement has been trading on a prospective earnings multiple of about 5.

中国西部水泥的市盈率一直保持在5倍左右。

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The index declined 0.2 percent in the last trading session before the Christmas holiday after its price-earnings multiple rose to a six-month high.

圣诞假期前，标准普尔500指数在最后一个交易日下跌0.2%，该指数市盈率升至六个月来新高。

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The MSCI emerging markets index, however, is currently on a trailing earnings multiple of 11.15 times against an average of 14.53 times over the past four years.

但就摩根士丹利资本国际新兴市场指数（MSCI Emerging Market index）而言，其历史市盈率目前为11.15倍，而过去4年的平均市盈率则为14.53倍。

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The MSCI emerging markets index, however, is currently on a trailing earnings multiple of 11.15 times against an average of 14.53 times over the past four years.

但就摩根士丹利资本国际新兴市场指数（MSCI Emerging Market index）而言，其历史市盈率目前为11.15倍，而过去4年的平均市盈率则为14.53倍。

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