Malaysia stocks is more expensive than US stocks

 It is true~ let me give you some example..

General Electric,    latest quarter EPS USD 0.36,  stock price USD 19.74, which equal to PE 13.7
Citigroup,          estimate quarter EPS USD 0.15,  stock price USD 4.87,   which equal to PE 8.11
Bank of America,  latest quarter EPS USD 0.27,  stock price USD 14.25,  which equal to PE 13.19

CIMB,                latest quarter EPS RM 0.1273, stock price RM 8.34,      which equal to PE 16.38
Maybank,            latest quarter EPS RM 0.1453, stock price RM 8.81,      which equal to PE 15.16
SIME,                 latest quarter EPS RM 0.1089, stock price RM 9.31,      which equal to PE 21.37

So which is more expensive now? we should buy low sell high? or buy high sell higher?
I do not think Malaysia stocks are worth more than US stocks. If it is not because US mortgage subprime crisis, I do not think those US stock can be sold at these cheap price.

Malaysia no matter how cannot be the leader of the world, so I do not see any point Malaysia's stocks can be more expensive than US stocks. If want to play safe, put some of your bullet in US stocks.