Daoming Optics&Chemical Co.,Ltd's high P/S ratio may not be justified due to recent poor growth. Investors hoping for a turnaround may face disappointment if the P/S falls in line with negative growth rates. The medium-term conditions need significant improvement for fair share price acceptance.
Given the company's higher-than-average P/S ratio while it has seen a decline in its medium-term revenue, it's concerning for some investors that the share prices remain inflated. Unless circumstances improve, shareholders might face a difficult period ahead.
The high P/S ratio and declining revenues put investors at risk of a falling share price. Unless the company can improve its medium-term circumstances, the stock may remain under pressure for some time.
Daoming Optics&Chemical Stock Forum
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