4- The chart below shows P/E and P/B multiples of BIST100 and MSCI EM index The green line is MSCI EM index and the white line is BIST100 index. Current P/E ratio of BIST100 index is 9.64 and P/B ratio is 0.94 while MSCI EM index is trading at 19.97 P/E and 1.75 PB. 5 year average P/E of MSCI EM is 14.7 and 5 year average P/B is 1.55.5 year average P/E of BIST100 index is 8.95 and 5 year average P/B is 1.13. Write a short summary comparing 2 indexes according to P/E and P/B ratios. Please mention the reasons if one of them is under or over valued according to eachother. MXEF Index Save As 4 Load 9 Actions Graph Fundamentals 6MYTD Y 3Y SY TY JOY Max Weekly Table Fields/Securities Options Price Earnings Ratio RE retu MS 2294 3 400 4738 12.00 Price to Book Ratio 22.00 UN 1956 19 0305 18 Bock 19 SHO foot 100 21 BE