Despite recent earnings, the high P/E ratio indicates expected recovery. The forecasted growth surpasses the market, explaining the high P/E ratio. Investors seem to believe the potential for earnings deterioration doesn't justify a lower P/E ratio.
China Leadshine Technology's -4.9% negative earnings growth outlook generates uncertainty and risk. Despite an attractive price multiple currently, the potential future negative growth should be taken into account.
China Leadshine Technology Stock Forum
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