Investors may be missing an opportunity or risk if the P/E l...

Investors may be missing an opportunity or risk if the P/E lacks rational basis. The moderate P/E could be due to doubts about strong earnings growth outperforming the market. Despite recent bearish times, many investors hold onto their stock, potentially setting up for future disappointment if P/E aligns with growth rates. Current prices may be hard to accept unless medium-term conditions improve.