The company's high P/E ratio is justified by its forecast growth outpacing the wider market. Investors see the risk of earnings deterioration as insignificant, hence unlikely to cause a significant share price drop.
Shenzhen Ridge Engineering Consulting's high P/E ratio is likely due to investors' optimism about its future performance and expected EPS growth. Despite the high P/E ratio, a significant share price drop is not anticipated soon.
Shenzhen Ridge Technology Stock Forum
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