Minsheng Education Group's low P/E ratio is due to its recen...
Minsheng Education Group's low P/E ratio is due to its recent three-year growth being lower than the wider market forecast. Shareholders accept this as they believe future earnings probably won't provide any pleasant surprises. If recent medium-term earnings trends continue, it's hard to see the share price rising strongly in the near future.
Minsheng Education Group Company Limited's (HKG:1569) Shares Bounce 29% But Its Business Still Trails The Market
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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