price/earning ratio

简明释义

市盈率

英英释义

The price/earnings ratio (P/E ratio) is a financial metric used to evaluate the relative value of a company's shares, calculated by dividing the market price per share by the earnings per share (EPS).

市盈率(P/E比率)是一种财务指标,用于评估公司股票的相对价值,计算方法是将每股市场价格除以每股收益(EPS)。

例句

1.The company's price/earning ratio is significantly higher than its competitors, indicating that investors expect high growth in the future.

该公司的市盈率明显高于其竞争对手,这表明投资者预计未来会有高增长。

2.When evaluating stocks, many investors look at the price/earning ratio to determine if a stock is overvalued or undervalued.

在评估股票时,许多投资者查看市盈率以确定股票是否被高估或低估。

3.A low price/earning ratio might suggest that the stock is undervalued, but it could also indicate underlying problems within the company.

市盈率可能表明股票被低估,但也可能表明公司内部存在问题。

4.Analysts often compare the price/earning ratio of a company with the industry average to assess its performance.

分析师通常将公司的市盈率与行业平均水平进行比较,以评估其表现。

5.Investors should be cautious when a company's price/earning ratio is excessively high compared to its historical averages.

当一家公司市盈率与其历史平均水平相比过高时,投资者应保持谨慎。

作文

The financial world is filled with various metrics that help investors make informed decisions. One of the most important of these metrics is the price/earning ratio, often abbreviated as P/E ratio. This ratio is a measure of a company's current share price relative to its earnings per share (EPS). Understanding the price/earning ratio is crucial for anyone looking to invest in stocks, as it provides insight into how much investors are willing to pay for a dollar of earnings. To calculate the price/earning ratio, you simply divide the market value per share by the earnings per share. For example, if a company’s stock is trading at $100 and its earnings per share is $5, the price/earning ratio would be 20. This means that investors are willing to pay $20 for every $1 of earnings. A high P/E ratio may suggest that the market expects future growth and is willing to pay a premium for it, while a low P/E ratio may indicate that the stock is undervalued or that the company is experiencing difficulties.Investors often use the price/earning ratio to compare companies within the same industry. For instance, if Company A has a P/E ratio of 25 and Company B has a P/E ratio of 15, investors might conclude that Company B is a better value, assuming all other factors are equal. However, it’s essential to consider the context behind these numbers. Different industries have varying average P/E ratios; technology companies typically have higher P/E ratios due to their growth potential, while utility companies may have lower ratios because they are more stable and less likely to experience rapid growth.Another critical aspect of the price/earning ratio is its ability to signal market sentiment. A rising P/E ratio might indicate that investors are becoming more optimistic about a company's future earnings, while a declining P/E ratio could suggest growing pessimism. However, it is important to remember that the P/E ratio is not a definitive indicator of a company's performance. It should be used in conjunction with other financial metrics and qualitative factors when making investment decisions.In conclusion, the price/earning ratio is a vital tool for investors seeking to evaluate stocks. It provides a quick snapshot of how much investors are willing to pay for a company’s earnings, allowing for comparisons across companies and industries. However, like any financial metric, it should not be used in isolation. Investors must consider the broader economic context, industry norms, and other financial indicators to make well-rounded investment choices. By understanding the price/earning ratio, investors can enhance their decision-making process and potentially improve their investment outcomes.

金融世界充满了各种指标,帮助投资者做出明智的决策。其中最重要的指标之一是市盈率,通常缩写为P/E比率。这个比率是公司当前股价与每股收益(EPS)之间的关系。理解市盈率对任何希望投资股票的人来说都是至关重要的,因为它提供了投资者愿意为一美元收益支付多少的洞察。计算市盈率的方法很简单,即将每股市场价值除以每股收益。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,则市盈率为20。这意味着投资者愿意为每1美元的收益支付20美元。较高的P/E比率可能表明市场预计未来增长,并愿意为此支付溢价,而较低的P/E比率可能表明该股票被低估或公司正面临困难。投资者通常使用市盈率来比较同一行业内的公司。例如,如果公司A的P/E比率为25,而公司B的P/E比率为15,投资者可能会得出结论认为公司B更具价值,假设其他因素相等。然而,考虑这些数字背后的背景是至关重要的。不同的行业有不同的平均P/E比率;科技公司通常由于其增长潜力而具有更高的P/E比率,而公用事业公司由于其更稳定且不太可能经历快速增长而可能具有较低的比率。市盈率的另一个关键方面是它能够传达市场情绪。上升的P/E比率可能表明投资者对公司未来收益变得更加乐观,而下降的P/E比率可能表明日益悲观。然而,重要的是要记住,市盈率并不是公司业绩的决定性指标。在做出投资决策时,应结合其他财务指标和定性因素一起使用。总之,市盈率是投资者评估股票的一个重要工具。它提供了投资者愿意为公司收益支付多少钱的快速快照,从而允许跨公司和行业进行比较。然而,像任何财务指标一样,它不应单独使用。投资者必须考虑更广泛的经济背景、行业规范和其他财务指标,以做出全面的投资选择。通过理解市盈率,投资者可以增强他们的决策过程,并可能改善投资结果。

相关单词

ratio

ratio详解:怎么读、什么意思、用法