Hiecise Precision EquipmentLtd's high P/E ratio may be alarm...

Hiecise Precision EquipmentLtd's high P/E ratio may be alarming as it indicates investors' high expectations. However, the company's lower growth forecast for the next year compared to the market may negatively impact the share price. The high P/E ratio and inferior earnings outlook make current prices seem unreasonable unless conditions significantly improve.