The company's high P/E ratio may not be justified due to its recent poor financial performance and the market's expected growth of 42% over the next year. The high P/E ratio and continuation of recent earnings trends could negatively impact the share price.

Despite the falling ROCE, the company's stock has climbed 75% over the last five years, indicating investor optimism. If the company's investments prove successful, this could bode well for long-term stock performance.