中国股市估值的探讨

An Exploration into the Estimative Standards of the Chinese Stock Market

股市估值标准的确立有助于对证券市场投资价值的正确判断。股市估值的标准是相对的 ,世界各国股市之间没有一个统一的标准。在中国证券市场国际化、市场化的进程中 ,对中国股市的估值 ,不能简单、机械地照搬西方股市的估值标准。投资者应该从中国股市的实际情况出发 ,充分考虑股市的历史发展进程、中国经济快速发展和上市公司业绩提高等因素对股市的影响 ,科学、全面地对股市估值 ,坚定在中国股市的投资信心。

It is helpful to establish a stock market estimative standard for investors when making decisions investing in the stock market. The stock market estimative standard is relative, as there is no universal agreement on a unique standard. During the period of the globalisation and capitalization of the Chinese Stock Market, we cannot simply follow and use the western countries' system of stock market estimative standard. When investing, investors should fully consider the affecting factors such as the rapid development of the Chinese economy and the financial situation of the company. The careful consideration of these indicators will firm the confidence of the investors in the company providing the shares.