Rostelecom has a P/E of 24 and Golden Telecom a P/E of 19 <A HREF="http://finance.yahoo.com/q?s=GLDN" target="_blank">http://finance.yahoo.com/q?s=GLDN</A> <A HREF="http://finance.yahoo.com/q?s=ROS" target="_blank">http://finance.yahoo.com/q?s=ROS</A>