NO.PZ201512300100001106
问题如下:
6. Based upon the information in Exhibits 1 and 2, Cannan would most likely conclude that Delite’s shares are:
选项:
A.overvalued.
B.undervalued.
C.fairly valued.
解释:
C is correct.
The P/E-to-growth (PEG) ratio is calculated by dividing a stock’s P/E by the expected earnings growth rate, expressed as a percent. To calculate Delite’s PEG ratio, first calculate the P/E ratio: $65.50/$3.50 = 18.71. In this case, the forward earnings should be used given the recent acquisition of the water bottling company. Next, calculate Delite’s PEG ratio: 18.71/12.41 = 1.51.
Comparing Delite’s PEG ratio of 1.51 to the PEG ratio of 1.74 (16.59/9.52) for Fresh Iced Tea, 1.31 (15.64/11.94) for Nonutter Soda, and to the beverage sector average of 1.52 (16.40/10.80), it appears that Delite’s shares are fairly valued. This is determined by the fact that Delite’s PEG ratio is in the middle of the range of PEG ratios and very close to the sector average. Therefore, the shares appear to be fairly valued.
解析中的这句话 没有给出公式等 就是肉眼看了下 就是觉得fairly calued的么?我想知道判断高低估的依据是什么?如何判断的?
我能明确是知道是 PEG越低越好