Quectel Wireless Solutions' high P/E ratio is a result of investors' anticipation of robust future growth. Shareholders are at ease with the P/E, confident in the company's future earnings, and don't foresee a significant share price drop soon.
Investors maintain a high P/E ratio for Quectel Wireless Solutions despite its struggles, due to its forecasted growth. The potential for earnings deterioration doesn't seem significant enough to justify a lower P/E ratio.
Quectel's falling ROCE trend and high current liabilities to total assets ratio underlie increasing risks. This highlights the need for better growth strategies as its stock has dropped 30% in the past 3 years.
Potential for investment in Quectel Wireless due to undervalued stock, optimistic future growth. Consider financial health and management's track record before investing.
Quectel Wireless Solutions Stock Forum
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