Core Viewpoint - Nanjing Commercial Travel (600250.SH) has experienced significant stock price fluctuations, with a cumulative increase of 38.72% over four trading days, despite no major changes in the company's fundamentals [1] Company Summary - The company issued a risk warning announcement due to the recent stock price volatility, indicating that the stock price has hit the daily limit up for three out of the last four trading days [1] - As of June 12, 2025, the company's latest static price-to-earnings (P/E) ratio is 95.82, and the latest price-to-book (P/B) ratio is 7.20 [1] - These ratios are significantly higher than the industry averages, with the wholesale industry (F51) showing a static P/E ratio of 23.88 and a P/B ratio of 1.55 [1] Industry Summary - The company's static P/E and P/B ratios indicate a potential risk of irrational speculation and a possible short-term price correction due to their substantial deviation from industry averages [1]