Despite a price bounce, the company's P/S ratio may still seem like a strong buy compared to China's Electronic industry. However, some investors may believe this decent revenue growth could underperform the broader industry soon. The company's P/S lags behind industry peers, suggesting some shareholders are more bearish than recent times suggest, accepting lower selling prices.
Guangdong Kingshine Electronic Technology Co.,Ltd.'s low P/S ratio is due to its slower growth compared to the industry average. Investors anticipate this limited growth to persist, thus willing to pay less for the stock. Unless conditions improve, the low P/S ratio will continue to cap the share price.
Guangdong Kingshine Electronic Technology Stock Forum
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