Despite a recent earnings drop, the high P/E ratio indicates...
Despite a recent earnings drop, the high P/E ratio indicates investors' optimism for a company turnaround and market outperformance. The high P/E is driven by next year's predicted growth, and shareholders appear confident in future earnings stability.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000173800db780459.jpg)
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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