Investor expectations of Powell Industries' strong future gr...
Investor expectations of Powell Industries' strong future growth and superior earnings outlook contribute to its high P/E ratio. The potential for earnings deterioration isn't seen as significant enough to justify a lower P/E ratio.
Powell Industries, Inc.'s (NASDAQ:POWL) P/E Is Still On The Mark Following 91% Share Price Bounce
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment