The high P/E ratio could be justified with outstanding growth, but the recent earnings decline makes it uncomfortable. Without significant improvement, current prices may be unreasonable.
Sichuan Dowell's high P/E ratio is alarming considering its poor growth and market expectations. Investors overlook recent poor growth, hoping for a business turnaround. If medium-term earnings trends persist, the share price may drop, posing a risk to investments.
Sichuan Dowell Science and Technology Inc. Stock Forum
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