NBTM New Materials Group's high P/E ratio is likely due to investors' confidence in its continued market outperformance. The company's superior earnings outlook is contributing to its high P/E, with investors seeing no significant risk of earnings deterioration.
Investors are expectant of NBTM New Materials Group's strong future growth, justifying its high P/E ratio. They believe a decline in earnings won't warrant a lower P/E ratio.
NBTM's lower ROE and significant debt signals limited potential for exciting business returns. High ROE without excess debt usually signifies good business quality.
NBTM New Materials Group Stock Forum
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