1.) (10 points) The P/E ratio for a company is currently 15.0. The average P/E ratio in the market is 13.5. The average P/E ratio for the company's sector is 12.0. Historically, the ratio of the company's average P/E to the average market P/E has been 1.20, whereas the ratio of the company's average P/E to the average sector P/E has been 1.35. Using this information, determine if the stock of the company is currently undervalued or overvalued. Show your work and describe the reasoning for your decision