Investors are overlooking Shenzhen EXC-LED TechnologyLtd's limited recent growth, potentially setting themselves up for future disappointment if the P/S falls. The current share price may not reflect fair value unless recent medium-term conditions improve.

The company's P/S ratio is seen as moderate, indicating investors' belief that its revenue growth may not surpass the broader industry soon. If recent medium-term revenue trends persist, the likelihood of a share price drop could be significant.