Failing to normalise earnings: emerging market stocks may look cheap based on their historic price-earnings ratio. 未能实现收益正常化:以历史市盈率衡量,新兴市场股票的估值似乎偏低。
By Friday Chinese companies listed in Shanghai and Shenzhen were trading at an average 38 times 2007 estimated earnings, against an average price to earnings ratio of 22 times in Hong Kong. 截止上周五,在上海和深圳上市的中国公司的平均市盈率为38倍,而香港市场的市盈率为22倍。
The relative valuation methods are the Price to Earnings Ratio, Price to Book value Ratio and Price to Sales Ratio, price index is the value of the enterprise. 相对估值法是通过参考对比公司的市盈率、市净率、市售率等价格指标来得出企业的价值。