信阳农业高等专科学校学报
信暘農業高等專科學校學報
신양농업고등전과학교학보
JOURNAL OF XINYANG AGRICULTURAL COLLEGE
2014年
3期
46-50
,共5页
DDM模型%PE模型%投资价值
DDM模型%PE模型%投資價值
DDM모형%PE모형%투자개치
discounted dividend model%price to earning model%investment value
基于金融建模实验平台构建DDM模型和PE模型,对交通银行的投资价值进行估计和分析。采用DDM估计方法,估算出交通银行的基本值为6.51元/股。以工商银行为对比银行,采用静态PE估值方法,估算出交通银行的合理价位为5.36~7.51元/股;采用动态PE估值方法,估算出交通银行的合理价位为4.86~6.71元/股。可以认为交通银行股价被低估,具有较大的投资价值。
基于金融建模實驗平檯構建DDM模型和PE模型,對交通銀行的投資價值進行估計和分析。採用DDM估計方法,估算齣交通銀行的基本值為6.51元/股。以工商銀行為對比銀行,採用靜態PE估值方法,估算齣交通銀行的閤理價位為5.36~7.51元/股;採用動態PE估值方法,估算齣交通銀行的閤理價位為4.86~6.71元/股。可以認為交通銀行股價被低估,具有較大的投資價值。
기우금융건모실험평태구건DDM모형화PE모형,대교통은행적투자개치진행고계화분석。채용DDM고계방법,고산출교통은행적기본치위6.51원/고。이공상은행위대비은행,채용정태PE고치방법,고산출교통은행적합리개위위5.36~7.51원/고;채용동태PE고치방법,고산출교통은행적합리개위위4.86~6.71원/고。가이인위교통은행고개피저고,구유교대적투자개치。
Based on the financial modeling experimental platform, this paper builds the DDM model and the PE model, and estimates and analyses the investment value of Bank of Communications.With the DDM estimation method, we estimate the fundamental value of Bank of Communications is 6.51 yuan per share.Contrasting to Industrial and Commercial Bank, using static PE valuation method, we estimate the reasonable price of Bank of Communications is 5.36~7.51 yuan per share;Using dynamic PE valuation method, we esti-mate the reasonable price of Bank of Communications is 4.86~6.71 yuan per share.The rusults showed that Bank of Communication shares are undervalued, and have great investment value.