Despite a recent dip, Jilin OLED Material Tech's high P/E ratio indicates investors' expectation of strong future growth and their willingness to pay a premium. The company's superior earnings outlook contributes to its high P/E, providing strong support to the share price.

The company's low ROE and high payout ratio suggest inefficient use of profits, which could be contributing to the lack of earnings growth. Despite the current situation, analysts predict that the company's earnings will gain momentum in the future.

Investors justify the high P/E ratio of Jilin OLED Material Tech as they expect strong future growth. The potential earnings decrease isn't deemed impactful enough to warrant a lower P/E.