liondiv EPS is not readjusted yet. the real value should be about 20-25cents( based on the 1st quarter EPS of 5.75cents)
PE ratio about 7-8 for liondiv
LIONDIV split with PARKSON


kinsteel EPS about 12-15cents based on 3quarter eps of 10.8cents.
PE ratio about 10 for kinsteel
kinsteel eps differ because of bonus issue(share split)


notice the sharp decline of both counters, its due to splitting.

GLCs mah can't expect more, no offence, even newspaper also the same, better do your own study or through some professional brokers site of dedicated investment service provider.

Market is actually quite efficient, a stock won't be trading at low insane PE as you mentioned (unless company is expected to make losses in the future). Market will correct themselves, as it is trading at too low (sometimes shares also can be traded at low price or below it value due to market sentiment or bearish mood) people will queue after it or better still taking it into private. If a company worth RM10, while share price is RM3.00 then rich investors can snap up the company at 3.00 and liquidify its asset, instantly make 7.00 out of it.

Kinsteel lastest earning on 31/9/2007 (quarterly) reported was 4.50 cents.
For LionDiv on 31/9/2007 (Q) was 5.75.
PS: I take no responsible if the data is wrong. 

But remember Parkson is no longer under LionDiv as it had distributed all its stake to its shareholders.

PE ratio need to calculate yourself as it is changing everyday due to the price movement.

Hope this will help.