No correlation between growth of a company and its stock price
Look at TowneBank and Monarch. It doesn't do any good to keep growing gross revenues if one's costs increase and more shares are issued. It's not how much gross revenue a company can generate; it's how much net earnings do they have on the bottom line - and then on a per share basis.
Then if they are likely to keep growing in the same manner and keep doing the same thing in the future, there is no potential for value creation ... and why pay up to buy their stock? Accordingly, Monarch has a low P/E ... and Towne is probably way overvalued.
Growth is only justified if it creates some type of value. TowneBank and Monarch claim that all the different regions and divisions they have are developing some amount of synergy ... but the EPS don't prove it!