【摘要】 通过对 2 0 0 0年上证 30指数股市盈率水平及其影响因素进行实证分析 ,可以发现 ,其中股息支付率、每股收益增长率、行业平均市盈率对股票P/E值起主要的解释作用 ,而股本规模因素 ,解释力却有限 ,除每股收益增长率外 ,各变量的相关性与理论分析基本一致。更多还原

【Abstract】 This essay studies the P/E ratio of the 30 indexes of the Shanghai Securities Market in the year 2000. It is found that the rate of bonus return, the growth rate of return per share and the average trade P/E ratio are major factors affecting the P/E values of the stocks, whereas scales have only limited index functions. Correlation coefficients of all variables are rational except for the growth rate of return per share.更多还原