Despite recent earnings growth, the company's P/E ratio is seen as moderate, suggesting investors doubt its ability to outperform the market. The stock's P/E is similar to the market, indicating less bearish sentiment, but this could lead to future disappointment if the P/E falls in line with recent growth rates.

Wuxi Lihu's decreasing ROCE trend over the last five years is concerning, despite the company's reinvestment in its business. The shrinking returns and the stock's 55% loss are alarming. These trends aren't typical of multi-baggers.

Despite Wuxi Lihu's medium-term growth not meeting expectations, investors' tenacity suggests optimism. Yet, if current growth trends continue, the stock's high P/E ratio might become untenable, risking investor's holdings.