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Jabil's high P/E ratio is justified by its forecasted growth...
Jabil's high P/E ratio is justified by its forecasted growth, surpassing the broader market. Investors see the risk of earnings deterioration as insignificant, hence the P/E ratio isn't expected to drop. Share price isn't likely to plummet soon.
Jabil Inc.'s (NYSE:JBL) P/E Still Appears To Be Reasonable
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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