Qifu Technology Stock: The Untold Story of QFIN’s Shares

Qifu Technology, Inc.: Is a Low P/E Ratio a Bullish Sign?

With a price-to-earnings (or “P/E”) ratio of 4.1x Qifu Technology, Inc. (NASDAQ:QFIN) may be sending very bullish signals at the moment, given that almost half of all companies in the United States have P/E ratios greater than 17x and even P/E’s higher than 32x are not unusual. However, the P/E might be quite low for a reason and it requires further investigation to determine if it’s justified.