NO.PZ2018062002000178
问题如下：
Peter collects the following information from three companies in the same industries,Which of the companies is most likely to be undervalued?
选项：
A.B
B.A
C.C
解释：
C is correct.
Relative to the others, C has the lowest P/E multiple and the P/B multiple is tied for the lowest with B. Given the law of one price, similar companies should trade at similar P/B and P/E levels. Thus, based on the information presented, C is most likely to be undervalued.
考点：Price Multiple Approach
处在相同行业的三家可比公司即规模、行业、发展情况差不多的三家公司，根据一价定律他们的交易价格应该相似，通过相对估值法我们看到C的PE\PB都是最低的，说明他的价格被低估了。
B 的 P/E ratio 和其他两个相差那么多怎么解释呢？
