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Mingkang · 2020年11月30日

问一道题:NO.PZ2018103102000092 [ CFA II ]

问题如下:

Matt wants to use the Gordon growth model to find a justified leading P/E for the Company M. He has assembled the information in the given table.

Based on the justified leading P/E and the actual leadingP/E, determine whether the stock is fairly valued, overvalued, or undervalued?

选项:

A.

Overvalued.

B.

Fairly valued.

C.

Undervalued.

解释:

B is correct.

考点:Gordon Growth Model

解析:

Actual leading P/E = 37.6/1.88 = 20

两者相等,所以股票被正确定价。

请问这边的1-b为什么不是1-30%=70%
1 个答案

maggie_品职助教 · 2020年12月01日

嗨,爱思考的PZer你好:


注意b代表留存收益率,公式别背错了。


-------------------------------
虽然现在很辛苦,但努力过的感觉真的很好,加油!


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