公司估值常用方法探讨

The Discussion of Company Valuation Methods

公司估值相关的研究论文很多,研究者们从不同的角度出发,建立不同的估值理论模型、采用不同的估值方法。因此,有必要对公司估值方法进行系统梳理,并着重对常用方法的适用性与利弊进行探讨。探讨结果显示:在估值实践中可以根据具体估值目的,从公司所处行业及其自身特点出发,选择若干种适用的估值方法结合起来使用,获得多个估值数据,然后经过比较、调整,建立合理的估值区间。

There are a lot of relevant research papers about the company valuation. From different angles, the researchers established different theoretical valuation models and used different valuation methods to research them. Therefore, it is necessary to systematically comb valuation methods, and focus on exploring the applicability, the pros and cons of the methods. Study results show that：in order to establish a reasonable valuation range, people should choose several valuation methods applied in combination to obtain multiple valuation data according to the specific purpose of the valuation and the company＇s own characteristic in practice.