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PriceSmart's high P/E ratio reflects investors' faith in the...

PriceSmart's high P/E ratio reflects investors' faith in the company's future market outperformance. Investors seem ready to pay a premium due to optimistic growth prospects, rendering a share price decline unlikely soon.
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
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