Their P/E ratio is just 13.26, while Microsoft's is 16.05 and Google is 21.38. While P/E is just one simplistic measure, it does seem to indicate that their stock price already assumes lower future earnings relative to other mature tech companies.
Or it indicates that they are a hardware company, which is to say their ability to grow (or sustain) their business depends on any number of factors, not the least being political stability and conditions in China. Factors over which they can exert very little control.
