Despite Harbin Electric's share price surge, its P/E ratio lags due to expected limited future growth. Investors demand improved conditions to pay more for the stock.
Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd's low P/E ratio is due to its poor earnings outlook. Investors foresee limited growth, willing to pay less for the stock. These conditions form a barrier for the share price.
Harbin Electric Corporation Jiamusi Electric Machine Stock Forum
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