论文部分内容阅读
随着中国股市的不断发展,价值投资已经成为了主流的投资策略。无论从市场规范化程度还是从投资者素质层面来看,中国股市都已经具备价值投资的条件。本文以市场上主流的分析内在价值的相对估值法当中的市盈率法以及绝对估值法当中的DDM股利贴现模型对中国石油的投资价值进行估算和分析。
With the continuous development of China’s stock market, value investing has become the mainstream investment strategy. No matter from the standardization of the market or from the quality of investors point of view, the Chinese stock market already have the conditions for the value of investment. This article estimates and analyzes the investment value of PetroChina by using the price-to-earnings ratio (P / E ratio) method in the mainstream relative valuation method of intrinsic value analysis and the DDM dividend discount model among the absolute valuation methods.