Xiamen Port Development's low P/E ratio is due to its recent...
Xiamen Port Development's low P/E ratio is due to its recent three-year growth being lower than the wider market forecast. Investors expect the recent limited growth rates to continue, willing to pay a reduced amount for the stock unless medium-term conditions improve.
Improved Earnings Required Before Xiamen Port Development Co., Ltd. (SZSE:000905) Shares Find Their Feet
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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