Is Unitree's steep IPO valuation justified?
宇树科技发行价 150.80 元/股,发行市盈率高达 219.23 倍,这个定价贵不贵?
Chinese robotics firm Unitree (宇树科技) has set its IPO issue price at 150.80 yuan per share, boasting a price-to-earnings ratio of 219.23 times. The eye-watering valuation has sparked widespread online debate over whether the stock is priced fairly or driven by market frenzy. Such an extreme earnings multiple demonstrates the intense investor enthusiasm and aggressive valuation premiums surrounding China's hard-tech sector today.
Sources: Zhihu Hot List (知乎热榜), translated & contextualized.