市盈率分析的认识误区及市场改进措施

The Wrong Knowledge in the Analysis of P/E and the Measures of the Market-improved

市盈率是市场投资价值分析重要而富有争议的指标。目前人们对市盈率分析普遍存在八大误区。在分析市盈率认识误区的基础上 ,对中国证券市场市盈率水平进行了简单判断。认为我国沪深市场平均市盈率水平的确过高 ,并分析了市盈率较高的原因及市场改进措施。

P/E is a quota which is important but full of quarrelling in the analysis of the market-investment value. At present, there are eight wrong areas in the analysis of P/E. On the basis of analyzing the wrong areas in P/E, this article makes simple judgement to P/E level of china security-market. It considers that the average level of P/E in Shenzhen and Shanghai security-markets is really too high, and analyses the cause of the higher P/E and the measures of the market-improved.