China National Electric Apparatus Research Institute Co., Ltd. Stock Forum

The company's low P/E ratio is due to its projected growth being less than the broader market. Investors accept this as they anticipate future earnings won't bring any positive surprises. The share price is unlikely to see a significant increase soon under these conditions.

Despite growth, the company's earnings outlook is causing a low P/E. Investors' limited growth expectations suggest the shares may not soar soon.