Investors' belief in the company's continued market outperfo...
Investors' belief in the company's continued market outperformance likely explains the high P/E ratio. Despite a share price drop, the P/E remains high as a prosperous future is anticipated for the company. The potential for earnings deterioration is not seen as significant enough to lower the P/E ratio.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000001879f5b9a5a58c.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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