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Investors trust in Advanced Drainage Systems' resilience des...

Investors trust in Advanced Drainage Systems' resilience despite market challenges, a belief that's reflected in its high P/E ratio. However, an inflated P/E ratio against its lower predicted future growth raises concerns. The adjustment of P/E ratio to match growth outlook could disappoint investors, indicating a considerable risk and possibly excessive premium.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more
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