The company's high P/E ratio is backed by strong growth and ...
The company's high P/E ratio is backed by strong growth and future prospects. Investors are ready to pay more for the stock, foreseeing robust future growth. The risk of earnings decline is not deemed significant enough to warrant a lower P/E ratio.
Market Participants Recognise China Southern Power Grid Technology Co.,Ltd's (SHSE:688248) Earnings Pushing Shares 43% Higher
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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