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 P/B. 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.

MXEF Index 6M YTD 1Y 3Y SY 7 Price Earnings Ratio 3) Save As 10Y Max Weekly 4 Load 5 Actions Graph Fundamentals Table Fields/Securities Options Track Anatate O Reset de 29 22.00 CAS-Price Earnings Ratio P/E del 7036 0 Index 19.9766 Ag - Price banings Ratio / Index) 8.9591 18.00 16.00 14.7036 12.00 (9.6486 Price to Book Ratio 2.00 27591 1.5546 11319 (1906 MS Index 1759 g. Price to Book Rab 06 Index 15546 130 Index 0906 hip-Price to Book Ratio 0100 Index 11319 2015 2016 2017 2018 2019 2120