By contrast CSR is like 10.5 PE at the moment. So why is Boral...

By contrast CSR is like 10.5 PE at the moment. So why is Boral so high on PE still? Im sure its not an apples and apples comparison but its close enough. There shouldn't be such a gulf of difference in the PE though.

Yes Boral is larger, more expansion opporuntiites, US market etc. 

But still............Borals PE does seema  tad high. In my original post I thikn maybe 12-13 might be more fair if CSR is almost 10. But I do not hold boral and I'm not a long time watcher so I'm interested to be enlightened a bit. I have watched Boral for last 2 months as it seems of interest but I'm not quite sure even given its huge come down in priceperhaps the price it was at before was simply far too high and pricing in unrealistic housing growth from here to eternity?

And that only now is Boral's price "reasonable" but by no means cheap given the current atmosphere and more falls to like $4 may indeed be possible?