Gazprom declined 1.5 percent to $9.30 in New York yesterday, sending valuations to 2.9 times estimated earnings, less than half the 6.2 average multiple for energy companies on the MSCI Emerging Markets index. Photographer: Andrey Rudakov/Bloomberg
Gazprom declined 1.5 percent to $9.30 in New York yesterday, sending valuations to 2.9 times estimated earnings, less than half the 6.2 average multiple for energy companies on the MSCI Emerging Markets index. Photographer: Andrey Rudakov/Bloomberg
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