ST Engineering is trading a nice Elliott Wave pattern and looks like is on Wave 5 now. However ST Engineering is currently facing a resistance at about $3.85. Whether ST Engineering can continue the Wave 5 or start the Wave A, is very much dependant on the uptrend (green line) can hold.
Key Statistics for STE
| Current P/E Ratio (ttm) | 20.5538 |
|---|---|
| Estimated P/E(12/2012) | 20.8649 |
| Relative P/E vs. FSSTI | 1.6778 |
| Earnings Per Share (SGD) (ttm) | 0.1878 |
