市盈率法

会计价值评估办法具有简单易行、操作性强、易于理解、数据比较容易获得等显著特点，市场中经常运用的一些方法，比如市盈率法等都是会计价值评估方法。

Some frequently used valuation methods in capital market , such as P / Eratio , are all accounting-based methods .

并针对诱空性虚假陈述产生的损害赔偿提出采用加权平均市盈率法的建议。

Then , it puts forward to weighted average PE method for " You Kong " damages arising from false statements .

常见的评价体系和评估模型多是一些相对评估方法，如市盈率法，难以准确客观地衡量企业的价值。

Common evaluation system and evaluation model are relative evaluation approaches , they can not estimate the investment value of the enterprise accurately or objectively .

发现用该模型进行预测的误差率相对市盈率法和市净率法更低，一定程度上显示我们的模型有很好的解释力。

We find the error rate is relative less than PE and PB methods . This suggests that the model have a good forecasting ability .

最后本文通过市盈率法、市净率法及现金流量折现法等价值评估方法计算了长江电力公司的价值。

Finally , the paper calculates the value of China Yangtze Power Co. Ltd. through valuation methods as PE method , PB method and DCF method .

第五章分别采用自由现金流折现法和市盈率法对二家公司进行估值，估算出二家公司的合理价格区间，预测结果及给出启示。

The fifth chapter uses the discounted free cash flow and earnings of the valuation method of two companies , two companies estimate the reasonable price interval , and the valuation method of error prompt .

最后，完善现行的市盈率估值法，可以在现行市盈率估值法中引入动态市盈率即PEG指标（Price/EarningstoGrowthratio），从而检验新股发行市盈率是否合理。

Also , improve the existing price-earnings ratio valuation method and can introduce Price / Earnings to Growth ratio in order to test whether the new share issue price-earnings ratio is reasonable .

市盈率估值法是机构投资者和个人投资者最常用的估值方法之一，具有简单直观、计算方便等优点。

P / E ratio is a widely used relative valuation ratio by both institutional investors and private investors , because it has a lot of advantages like easy and direct-viewing .

最后利用简单估值模型中的市盈率估值法和复杂估值模型中的自由现金流量估值法，计算出了贵州茅台与洋河股份两者的理论股价。

Finally , using a simple model of free cash flow valuation method of earnings valuation method and complex valuation model , calculated the theoretical price Kweichow Moutai and the Yanghe River share the .

市盈率估值法被广泛应用的主要原因在于其应用比较简单、方便，但正是由于传统的市盈率估值方法比较简单，其在股票估值时会忽略很多影响因素对股票市盈率的影响。

The main reason of price-earnings ratio has been widely used is that it is relatively simple , easy , but the traditional price-earnings ratio method is quite simple . The estimate value of shares will ignore many factors influencing price-earnings ratio .

如重新启用控制市盈率定价法；重新启用市值配售；引进首日涨跌停板制度；改革承销发行制度，引进独立第三方公告发行公司信息；改革新股发行相关法律制度。

For example , pricing re-enable control of price-earnings ratio ; re-enable the market value of the Placing ; the first day of the introduction of price limits ; distribution system reform of underwriting , independent third-party distribution company announced the introduction of information ; IPO-related legal system reform .