The company's low P/E ratio is due to its projected growth b...
The company's low P/E ratio is due to its projected growth being less than the broader market. Investors accept this as they anticipate future earnings won't bring any positive surprises. The share price is unlikely to see a significant increase soon under these conditions.
China National Electric Apparatus Research Institute Co., Ltd. (SHSE:688128) Held Back By Insufficient Growth Even After Shares Climb 27%
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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