1.PE P/E valuation method:
The PE index in stock analysis actually refers to P/E, that is, the price-earnings ratio. To calculate the P/E ratio, you just need to divide the company's current share price by its earnings per share (EPS).
In many cases, earnings per share (EPS) is calculated from the earnings of the past four quarters; But sometimes it is calculated based on the expected income in the next four quarters; Sometimes it is also calculated by the income in the past two quarters and the expected income in the next two quarters. So the calculated data is different.
Theoretically, the P/E ratio of a stock shows how much investors are willing to pay to get every dollar of profit of the company. But this is a very simple way to explain the price-earnings ratio, because it does not take into account the company's development prospects.
A-share PE
At 10- 15 times, it has investment value; About 20 times medium; Overestimated by more than 30 times; More than 60 times, the balloon is about to burst.
2.Pb valuation method:
PB is price-to-book ratio, and price-to-book ratio = stock market price/net assets per share.
The amount of net assets is determined by the operating conditions of the joint-stock company. The better the operating performance of a joint-stock company, the faster its assets increase and the higher its net worth, so the more rights and interests shareholders have. Therefore, the net value of the stock is the main basis for determining the price trend of the stock market. Generally speaking, the lower the P/B ratio, the higher the investment value. On the contrary, its investment value is small.
But analysts believe that the P/B ratio can be used for investment analysis, but not for short-term speculation.
3.PEG valuation method:
PEG is the ratio of P/E ratio to profit growth rate, that is, dividing the P/E ratio of the company by the profit growth rate of the company. At that time, when he was picking stocks, he chose those companies with low P/E ratio and high growth rate. These companies have a typical feature, PEG will be very low.
PEG index (P/E ratio relative profit growth rate) is a stock valuation index invented by Peter Lynch and developed on the basis of PE (P/E ratio) valuation. It makes up for the deficiency of PE in estimating the dynamic growth of enterprises, and its calculation formula is: PEG=PE/ annual profit growth rate of enterprises.
The above indicators are only a reference to measure the investment value of the company, because the investment is mainly based on the company's development prospects, and many of the above indicators are calculated based on historical data and cannot reflect the company's value.
These can be understood gradually, and investors had better have some preliminary understanding of the stock market before entering the stock market. At the beginning, you can use A Niu Stock Treasure to simulate stock trading. There are some stock knowledge materials worth learning, and you can also build your own mature stock trading knowledge and experience through the above related knowledge. I hope I can help you, and I wish you a happy investment!