开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

执瑞 Zhirui · 2024年07月10日

normalized earning怎么算啊

NO.PZ2018103102000055

问题如下:

Jacques is conducting an analysis of H&M, a publicly traded European retail distributor of products for home decoration. The home decoration is cyclical. Although sales and earnings at H&M weakened, same store sales are beginning to improve as consumers undertake more home improvement projects. Poor performing stores were closed, resulting in significant restructuring charges in 2017. Based on the given information, the most appropriate valuation ratio for H&M is?

选项:

A.

Price-to-book (P/B) ratio

B.

Price-to-earnings (P/E) ratio using trailing earnings

C.

Price-to-earnings ratio using normalized earnings

解释:

C is correct.

考点:PE

解析:C是正确的。H&M是周期性行业,使用标准化后的收益可以平滑其盈利周期性波动问题。

normalized earning怎么算啊

1 个答案

王园圆_品职助教 · 2024年07月10日

同学你好,基础班讲义第223页到228页都是关于normalized EPS的相关内容,这个内容还是很多的,助教没有办法把这么多内容简单总结成几百个字,建议同学还是自己看一下相关视频课程会更高效哦

或者同学可以在碰到具体题目的时候,如果不能理解解题思路再做提问,理解才会深刻

就本题而言,其实就是把restructuring cost从公司给出的本年已经计算好的EPS后加回即可算normalized EPS了