Given Avnet's bleak earnings forecast, its low P/E ratio app...
Given Avnet's bleak earnings forecast, its low P/E ratio appears justified as the potential for earnings improvement is not viewed by investors as strong enough to demand a higher ratio. Without better conditions, there might be obstacles to share price growth.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000260f61a00f7c22.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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