Steel price is dropping as shown on the chart below. All the steel products manufacturers can buy cheaper steel to make steel products for sale to make more profit. All of them should report better profit for the next quarter ending September.
Steel products makers comparison
Name | Price | Latest EPS | 4 X EPS | PE ratio |
AYS | 42.5 | 5.24 | 20.96 | 2.03 |
Leon Fuat | 50 | 4.11 | 16.44 | 3.04 |
Prestar | 44 | 3.27 | 13.08 | 3.36 |
Hiap Tek | 24.5 | 1.41 | 5.64 | 4.34 |
Pantech | 68 | 3.78 | 15.12 | 4.50 |
CSC Steel | Rm 1.19 | 4.62 | 18.48 | 6.45 |