Frencken Group's high P/E ratio is justified by its projecte...
Frencken Group's high P/E ratio is justified by its projected growth, surpassing the broader market. Investors are ready to pay a premium for the stock, anticipating robust future growth. Hence, a significant drop in share price seems unlikely soon.
Frencken Group Limited (SGX:E28) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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