Despite Luoyang Northglass Technology's share price drop, its high P/E persists. Investors overlook average growth rates, paying a premium for the stock. If P/E aligns with growth rates, disappointment may follow. The company's three-year earnings trends aren't impacting its high P/E as expected, risking shareholders' investments and potential investors may pay an unnecessary premium.

Despite Luoyang Northglass Technology's substantial earnings growth leading to higher investor interest, concerns mount over the high P/E ratio possibly setting up investors for future disappointment. The high P/E ratio may reflect more about current investor sentiment rather than the company's actual valuation. This, coupled with average earnings and growth, indicates a risk to shareholder investments, suggesting potential investors might be paying an unnecessary premium.