台风来了 · 2024年01月09日
NO.PZ2018103102000104
问题如下：
Matt is evaluating Company M by using the single-stage residual income model and has assembled relevant information in the following table. What`s the justified price-to-book ratio for Company M?
选项：
A.1.67
B.2.5
C.3.69
解释：
A is correct.
考点：Single Stage Residual Income Valuation
解析:
老师，您好！
这个公式是如何推导得到的啊？麻烦说明一下，谢谢！
NO.PZ2018103102000104问题如下Matt is evaluating Company M using the single-stage resiincome mol anhassemblerelevant information in the following table. What`s the justifieprice-to-book ratio for Company M?A.1.67B.2.5C.3.69A is correct.考点Single Stage ResiIncome Valuation解析:PB=1+ROE−rr−g=1+14.5%−10.9%10.9%−5.5%=1.67\frPB=1+\frac{ROE-r}{r-g}=1+\frac{14.5\%-10.9\%}{10.9\%-5.5\%}=1.67BP=1+r−gROE−r=1+10.9%−5.5%14.5%−10.9%=1.67如题，我计算 p 时用的是 bv+（roe-re）（1+g）/（re-g）
NO.PZ2018103102000104 问题如下 Matt is evaluating Company M using the single-stage resiincome mol anhassemblerelevant information in the following table. What`s the justifieprice-to-book ratio for Company M? A.1.67 B.2.5 C.3.69 A is correct.考点Single Stage ResiIncome Valuation解析:PB=1+ROE−rr−g=1+14.5%−10.9%10.9%−5.5%=1.67\frPB=1+\frac{ROE-r}{r-g}=1+\frac{14.5\%-10.9\%}{10.9\%-5.5\%}=1.67BP=1+r−gROE−r=1+10.9%−5.5%14.5%−10.9%=1.67 如题 谢谢
