Investors expect the company to outperform the market, hence...
Investors expect the company to outperform the market, hence the high P/E ratio. However, with declining earnings and predicted market growth, the high P/E ratio and share price surge could decline unless medium-term conditions improve significantly.
![](https://pubimg-10000538.picsh.myqcloud.com/202205090000015700007535a2c.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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