P/E multiple

简明释义

市盈倍数

英英释义

The P/E multiple, or price-to-earnings ratio, is a financial metric used to evaluate the valuation of a company's current share price relative to its earnings per share (EPS).

市盈率(P/E multiple)是一种金融指标,用于评估公司当前股价相对于其每股收益(EPS)的估值。

例句

1.When comparing companies in the same industry, it's important to look at the P/E multiple 市盈率倍数 to assess relative value.

在比较同一行业的公司时,查看P/E multiple 市盈率倍数以评估相对价值是很重要的。

2.Tech companies generally have higher P/E multiples 市盈率倍数 compared to traditional manufacturing firms due to their growth potential.

由于技术公司的增长潜力,科技公司通常比传统制造公司具有更高的P/E multiples 市盈率倍数

3.A declining P/E multiple 市盈率倍数 could suggest that the market has lost confidence in the company's future prospects.

下降的P/E multiple 市盈率倍数可能暗示市场对该公司未来前景失去了信心。

4.The company's stock is currently trading at a high P/E multiple 市盈率倍数, indicating that investors expect significant growth.

该公司的股票目前以高的P/E multiple 市盈率倍数交易,这表明投资者预计将有显著增长。

5.Investors often use the P/E multiple 市盈率倍数 as a quick way to gauge whether a stock is overvalued or undervalued.

投资者经常使用P/E multiple 市盈率倍数作为快速判断股票是否被高估或低估的方法。

作文

The concept of the P/E multiple is crucial in the world of finance and investment. It stands for Price to Earnings ratio, which is a valuation metric used to assess the relative value of a company's shares. Investors and analysts often rely on the P/E multiple to determine how much they are willing to pay for each dollar of earnings a company generates. Essentially, this ratio provides insight into how the market values a company's profitability. To calculate the P/E multiple, one simply divides the current share price by the earnings per share (EPS). For example, if a company's stock is trading at $100 and its EPS is $5, the P/E multiple would be 20. This means that investors are willing to pay $20 for every $1 of earnings. A high P/E multiple might indicate that the market expects future growth, while a low P/E multiple could suggest that the market has lower expectations for growth or that the company is undervalued. Understanding the P/E multiple is not just about knowing the numbers; it's also about interpreting what those numbers mean in context. Different industries have varying average P/E multiples. For instance, technology companies often have higher P/E multiples compared to utility companies because investors anticipate higher growth rates in tech. Therefore, comparing a company's P/E multiple to its industry peers can provide valuable insights. Moreover, the P/E multiple can also be classified into two categories: trailing and forward P/E multiples. The trailing P/E multiple uses the earnings from the previous year, whereas the forward P/E multiple utilizes projected earnings for the upcoming year. This distinction is important as it can help investors gauge whether a stock is overvalued or undervalued based on future expectations. However, relying solely on the P/E multiple can be misleading. It does not account for factors such as debt levels, cash flow, or market conditions. Therefore, it is essential to use the P/E multiple in conjunction with other financial metrics and qualitative analysis to get a comprehensive view of a company's financial health. In conclusion, the P/E multiple is a fundamental tool for investors seeking to evaluate stocks. It offers a snapshot of how the market perceives a company's earnings potential. While it is a useful metric, it should be interpreted carefully, considering the broader context of the industry and the specific circumstances of the company. By understanding the P/E multiple and its implications, investors can make more informed decisions about their investment strategies.

P/E multiple’(市盈率倍数)的概念在金融和投资的世界中至关重要。它代表价格与收益比率,是一种用于评估公司股票相对价值的估值指标。投资者和分析师通常依赖于‘P/E multiple’来确定他们愿意为公司每产生一美元的收益支付多少。基本上,这个比率提供了市场如何看待公司盈利能力的洞察。要计算‘P/E multiple’,只需将当前股价除以每股收益(EPS)。例如,如果一家公司的股票交易价格为100美元,而其每股收益为5美元,则‘P/E multiple’为20。这意味着投资者愿意为每1美元的收益支付20美元。高‘P/E multiple’可能表明市场对未来增长的预期较高,而低‘P/E multiple’则可能表明市场对增长的预期较低或公司被低估。理解‘P/E multiple’不仅仅是了解数字;还需要在上下文中解释这些数字的意义。不同的行业有不同的平均‘P/E multiples’。例如,科技公司通常具有比公用事业公司更高的‘P/E multiples’,因为投资者预期科技领域的增长率更高。因此,将公司的‘P/E multiple’与行业同行进行比较可以提供有价值的见解。此外,‘P/E multiple’还可以分为两类:滞后‘P/E multiples’和前瞻性‘P/E multiples’。滞后‘P/E multiple’使用前一年的收益,而前瞻性‘P/E multiple’则利用预计的未来一年收益。这一区别很重要,因为它可以帮助投资者判断一只股票是否被高估或低估。然而,仅仅依赖‘P/E multiple’可能会产生误导。它并未考虑诸如债务水平、现金流或市场条件等因素。因此,使用‘P/E multiple’时,结合其他财务指标和定性分析,以全面了解公司的财务健康状况是至关重要的。总之,‘P/E multiple’是投资者寻求评估股票的重要工具。它提供了市场对公司盈利潜力的看法。虽然它是一个有用的指标,但应谨慎解读,考虑行业的更广泛背景和公司的具体情况。通过理解‘P/E multiple’及其影响,投资者可以对其投资策略做出更明智的决策。