p/e ratio

With this quarter's strong earnings report we can, for the first time ever, evaluate AZZ based on P/E ratio.

Revenue for the quarter: 2,926,000 AUD.
Multiply by 4 for yearly revenue: 11,704,000 AUD


shares on issue: 263,000,000
Market cap at 40.5c: 106,500,000 AUD

P/E Ratio=106,500,000 AUD/11,704,000 AUD = 9.1

From Wikipedia, if the P/E is less than 10:
"Either the stock is undervalued or the company's earnings are thought to be in decline. Alternatively, current earnings may be substantially above historic trends or the company may have profited from selling assets."

A more fitting P/E ratio for AZZ would be in the 17 to 25 range:
"Either the stock is overvalued or the company's earnings have increased since the last earnings figure was published. The stock may also be a growth stock with earnings expected to increase substantially in future."

http://en.wikipedia.org/wiki/P/E_ratio