Shenzhen Longtech Smart Control's low P/E ratio may be due t...

Shenzhen Longtech Smart Control's low P/E ratio may be due to investors' belief that the company will underperform the broader market. The company's inconsistent earnings growth and less attractive annualised basis are contributing to its low P/E. Investors feel the potential for an improvement in earnings isn't great enough to justify a higher P/E ratio.