摘要
基于F-O剩余收益定价模型,并考虑到非流通股对股票价值的影响,选取其中14家农业上市公司的相关数据,测算出流通股的内在价值,并以此估计上市公司股票价格与内在价值的偏离度和泡沫程度。研究结果显示:农业类上市公司的股票价格均大于其内在价值,且股价偏离内在价值的程度和股价泡沫较为严重。
Based on the F-O model and considering the influence of non-tradable shm-s on the stock value, this paper selects the relevant data of 14 agricuhural listed companies to calculate the intrinsic value of tradable shares, and then estimates the deviation degree and bubble degree between the stock price of listed companies and the in- trinsic value. The results show that the stock prices value, and the degree of stock price deviating from of agricuhural listed companies are higher than their intrinsic intrinsic value and stock price bubbles are relatively serious.
作者
李晓莹
杨利锋
LI Xiaoying;YANG Lifeng(School of Economics,Fuyang Nomlal College,Fuyang 236037,China)
出处
《洛阳理工学院学报(社会科学版)》
2018年第6期15-19,共5页
Journal of Luoyang Institute of Science and Technology:Social Science Edition
基金
阜阳师范学院2016年度校级人文社科研究项目"农业上市公司股票价格与内在价值偏离度研究--基于F-O剩余收益定价模型"(编号:2016FSSK10)的部分成果
关键词
农业上市公司
股票价格
内在价值
偏离度
agricuhural listed companies
stock prices
intrinsic value
degree of deviation