Castech Inc. Stock Forum

CASTECH's good performance is attributed to its decent ROE and efficient reinvestment of earnings. Analysts predict a momentum in earnings as the company continues to heavily invest in its business, promising a high return rate.

Despite an inferior earnings outlook, the company's high P/E ratio remains unaffected. High valuation may lead to investor disappointment if it aligns with growth outlook. Substantial improvements are necessary for these prices to be deemed reasonable.