Despite recent earnings, the high P/E ratio indicates expect...
Despite recent earnings, the high P/E ratio indicates expected recovery. The forecasted growth surpasses the market, explaining the high P/E ratio. Investors seem to believe the potential for earnings deterioration doesn't justify a lower P/E ratio.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000002586ae848ab583.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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