Investors may believe the company will underperform the market, leading to a low P/E ratio. However, if this doesn't happen, shareholders may feel optimistic. The company's medium-term earnings decline contrasts with the market's expected 41% growth. This could set up shareholders for future disappointment.

The company's low P/E ratio is due to declining earnings and market's expectation of slow growth. If medium-term earnings trends persist, share price may remain stable.