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皓月 · 2023年03月27日

如果是trailing的话

  1. CFA II
  2. Equity

* 问题详情，请 查看题干

NO.PZ201710200100000301

问题如下：

1. Based on the Gordon growth model, the justified leading P/E for ABC stock is closest to:

选项：

A.

17.1.

B.

17.7.

C.

20.0.

解释：

A is correct.

The justified leading P/E is calculated as

P0/E1=(1−b)/(r−g)

where b is the retention ratio, 1 – b is the dividend payout ratio, r is the discount rate, and g is the long-term growth rate.

ABC’s dividend payout rate, 1 – b, is given as 0.60. For Company ABC, the justified leading P/E is

P0/E1=(1−b)(r−g)=0.60/(0.07−0.035)≈17.1

分子是不是用 0.7*（1+3.5%）？

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王园圆_品职助教 · 2023年03月27日

同学你好，是的，你的理解是正确的

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2024-06-10 15:28 1 · 回答

NO.PZ201710200100000301 老师好， 我上完李老师的reang27的基础课没有听到关于leang P/E和trailing P/E的公式是什么，请问基础课有讲吗？ 如果没有，请问老师有什么记忆方法吗？谢谢

2021-06-01 23:03 3 · 回答

建议改正应该是0.07-0.035, 答案写成了0.0035 P0E1=(1−b)(r−g)=0.60(0.07−0.0035)≈17.1

2020-06-04 15:00 1 · 回答

17.7. 20.0. A is correct. The justifieleang P/E is calculateP0E1=(1−b)(r−g) where b is the retention ratio, 1 – b is the vinpayout ratio, r is the scount rate, ang is the long-term growth rate. ABC’s vinpayout rate, 1 – is given 0.60. For Company ABthe justifieleang P/E is P0E1=(1−b)(r−g)=0.60(0.07−0.0035)≈17.1 v payout ratio为什么用未来的60%而不用最近的70%

2020-06-01 22:52 1 · 回答