用市盈率估算中国股票投资价值的几点看法  

Some Views on Using PE to Estimate the Value of China's Stock Investment

作　　者：张娟[1] 黄雅莉[1] 

机构地区：[1]四川师范大学商学院,四川成都610101

出　　处：《石家庄经济学院学报》2013年第4期82-86,共5页Journal of Shijiazhuang University of Economics

摘　　要：市盈率是衡量股票估价是否合理、判定股市泡沫的一个重要指标。从中国股票市场的流通性、总体规模等特点来看,研究市盈率进行股票价值的评估很有研究价值。分析了市盈率的影响因素,对市盈率估算中国股票价值提出了几点看法,并对市盈率指标进行了修正。The price-earnings ratio is an important indicator for measuring the reasonableness of stock valuation and judging the stock market bubble. Viewing from the features of China＇s stock market liquidity and the overall size, studying the price-earnings ratio and assessing the stock value is significant. This paper analyzes the influencing factors of the price-earnings ratio, puts forward a few opinions on using the price-earnings ratio to estimate the value of China＇s stock, and makes some modification on earnings indexes.

关 键 词：股票 市盈率 投资价值 

分 类 号：F830.91[经济管理—金融学]