Ways Electron Stock Forum

Ways Electron Co.,Ltd.'s high P/E ratio is alarming considering its recent poor growth. If the trend of medium-term earnings decline continues, shareholders and potential investors could face significant risks and may be paying an excessive premium.

Ways ElectronLtd's ROCE trend is concerning, decreasing over the past five years despite reinvestment. While the stock has gained 67% over the last three years, the likelihood of it being a multi-bagger from here isn't high.

Investors hope for a business upturn amid poor results but may face disappointment if P/E falls due to recent negative growth. Given conditions, the high P/E ratio may not be justified, calling for a reevaluation unless there's a significant medium-term improvement.