Despite a high P/E ratio, the company's poor financial performance and declining earnings may not justify its current share price. Investors may face disappointment if the P/E falls in line with recent negative growth rates.
Despite falling prices and earnings, Shaanxi Fenghuo Electronics' P/E still outpaces the market. The high P/E ratio is worrying given the company's recent medium-term earnings drop and expected market growth. Current prices may not be sustainable unless conditions improve.
Shaanxi Fenghuo Electronics Stock Forum
No comment yet