It’s based on revenue growth. The net profit growth last quarter was an outlier still slowing hence the PE will fall with it. You’re betting on 30-40 percent growth in EBITA this half good luck when your revenue growth is at 15-20 percent and increase costs and competition. Their monopoly dominance is coming to an end needs a few quarters to show it can still survive that growth in that period to keep running.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)