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NBTM New Materials Group's high P/E ratio is likely due to i...
NBTM New Materials Group's high P/E ratio is likely due to investors' confidence in its continued market outperformance. The company's superior earnings outlook is contributing to its high P/E, with investors seeing no significant risk of earnings deterioration.
Earnings Tell The Story For NBTM New Materials Group Co., Ltd. (SHSE:600114) As Its Stock Soars 30%
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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