Ningbo Runhe High-Tech Materials Stock Forum

Despite recent earnings decline and slower growth, the company's high P/E ratio is concerning. Investors holding onto their stock could face a share price drop if these trends persist.

Ningbo Runhe High-Tech Materials' high P/E ratio may indicate investors overlooking limited growth rates, banking on business turnaround. Continuation of recent medium-term earnings trends could risk shareholders' investments and potential investors may pay excessive premium.

The company doesn't seem promising for a multi-bagger as it shows lackluster trends, with the stock returning only 32% in the last five years to shareholders. It is suggested to look at other options for a potential multi-bagger investment.