Investors expect limited future growth for the company, reflected in its low P/E ratio. The low forecast growth compared to the market is keeping the P/E low. Shareholders anticipate no pleasant surprises in future earnings, potentially limiting the share price's rise.
Zhejiang Qianjiang Motorcycle's low P/E ratio is due to market's limited growth expectations. The company's poor earnings outlook contributes to its low P/E, with shareholders accepting this as they anticipate no future earnings surprises. Share price is unlikely to rise significantly soon.
Zhejiang Qianjiang Motorcycle is still a bargain according to the price multiple model. Its future profit outlook isn't fully reflected in the current share price, suggesting it's not too late to buy. However, financial health should also be considered.
Zhejiang Qianjiang Motorcycle's future performance looks bearish as per revised forecasts. The predicted 8.3% annual growth till 2023 trails its past 14% p.a. growth, and lags against the expected 20% industry growth per annum.
Zhejiang Qianjiang Motorcycle Stock Forum
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