Despite poor earnings growth, the high P/E ratio indicates i...
Despite poor earnings growth, the high P/E ratio indicates investors expect a business turnaround. However, with recent earnings trends, these prices may not be sustainable. The high P/E ratio is uncomfortable given the recent medium-term earnings decline.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000146afd86f65456.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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