BLD Plantation – peak price that is not reflected in the ROE

I have concerns from both a fundamental perspective and share price perspective.

The company share price has been on an uptrend to reach a 10-year peak. But while its ROE was increasing from 2018, there was a decline last year. Is the market thinking that its ROE will eventually turnaround? Or have prices peaked?
https://i.postimg.cc/Bnrd5Ptw/BLD-Plantation.png

From a fundamental angle, the company ROE is not as good as my 2 reference Bursa plantation companies – Boustead Plantation and KLK. This is not my pick from a fundamental perspective.

For more insight into the Bursa plantation companies go to https://www.i4value.asia/2021/08/how-malaysian-plantation-sector.html#more