问题如下图：
选项：
A. 
B. 
C. 
解释：
题中一共给了三个竞争者和行业平均peg，分别是1.74，1.31，2.21，1.52，delite的是1.51，如果是被fairly valued的话，不应该完全相等么？我理解只要有误差，就说明存在高估／低估的问题。如果我理解有误，是否是存在一个偏差范围呢？谢谢老师。
maggie_品职助教 · 2019年01月05日
我们在用相对估值法的时候，比较是否需要完全相等，才能得出fair value的结论，我们要分情况讨论：
第一种情况，就是本题这种情况：如果很多家可比公司（大于1家）让你比较，那么目标公司的结果大于或小于所有给出的可比公司，我们才说他被高估或低估，如果结果介于他们之间，相当于告诉我们目标公司和行业平均产不多。那么我们就可以大胆的说它是被合理估值的。（题目你做多了就会有感觉了）
第二种情况如果题目只让你和行业平均对比，或只有一家可比公司，相当于两者之间进行对比，那么只有完全相等才能说fair value的结论
加油。
麋鹿也是鹿 · 2019年01月14日
老师请问一下，这里在计算平均值得时候，为什么不考虑第三家公司的PEG，如果将第三家的PEG加入，平均值计算出来是1.75，这个数值是高于delite的1.51
maggie_品职助教 · 2019年01月14日
你是说T公司吧，请见表格2下面一句话，为了估计的准确性，将较大的outlier剔除比较范围。加油。
NO.PZ201512300100001106问题如下6. Baseupon the information in Exhibits 1 an2, Cannwoulmost likely conclu thlite’s shares are:A.overvalueB.unrvalueC.fairly valueC is correct.The P/E-to-growth (PEG) ratio is calculateving a stock’s P/E the expecteearnings growth rate, expressea percent. To calculate lite’s PEG ratio, first calculate the P/E ratio: $65.50/$3.50 = 18.71. In this case, the forwarearnings shoulusegiven the recent acquisition of the water bottling company. Next, calculate lite’s PEG ratio: 18.71/12.41 = 1.51. Comparing lite’s PEG ratio of 1.51 to the PEG ratio of 1.74 (16.59/9.52) for Fresh IceTe1.31 (15.64/11.94) for Nonutter So, anto the beverage sector average of 1.52 (16.40/10.80), it appears thlite’s shares are fairly value This is terminethe fathlite’s PEG ratio is in the mile of the range of PEG ratios anvery close to the sector average. Therefore, the shares appeto fairly value考试的时候会经常弄一些不常见的指标也不说计算方法让我们自己猜怎么算吗？
NO.PZ201512300100001106 问题如下 6. Baseupon the information in Exhibits 1 an2, Cannwoulmost likely conclu thlite’s shares are: A.overvalue B.unrvalue C.fairly value C is correct.The P/E-to-growth (PEG) ratio is calculateving a stock’s P/E the expecteearnings growth rate, expressea percent. To calculate lite’s PEG ratio, first calculate the P/E ratio: $65.50/$3.50 = 18.71. In this case, the forwarearnings shoulusegiven the recent acquisition of the water bottling company. Next, calculate lite’s PEG ratio: 18.71/12.41 = 1.51. Comparing lite’s PEG ratio of 1.51 to the PEG ratio of 1.74 (16.59/9.52) for Fresh IceTe1.31 (15.64/11.94) for Nonutter So, anto the beverage sector average of 1.52 (16.40/10.80), it appears thlite’s shares are fairly value This is terminethe fathlite’s PEG ratio is in the mile of the range of PEG ratios anvery close to the sector average. Therefore, the shares appeto fairly value 答案中“very close to the sector average.” sector average 就是 (1.74+1.31+1.52 )/3=1.523 对吧？
NO.PZ201512300100001106问题如下6. Baseupon the information in Exhibits 1 an2, Cannwoulmost likely conclu thlite’s shares are:A.overvalueB.unrvalueC.fairly valueC is correct.The P/E-to-growth (PEG) ratio is calculateving a stock’s P/E the expecteearnings growth rate, expressea percent. To calculate lite’s PEG ratio, first calculate the P/E ratio: $65.50/$3.50 = 18.71. In this case, the forwarearnings shoulusegiven the recent acquisition of the water bottling company. Next, calculate lite’s PEG ratio: 18.71/12.41 = 1.51. Comparing lite’s PEG ratio of 1.51 to the PEG ratio of 1.74 (16.59/9.52) for Fresh IceTe1.31 (15.64/11.94) for Nonutter So, anto the beverage sector average of 1.52 (16.40/10.80), it appears thlite’s shares are fairly value This is terminethe fathlite’s PEG ratio is in the mile of the range of PEG ratios anvery close to the sector average. Therefore, the shares appeto fairly value如题！！！！了！！！！！！！！，！
NO.PZ201512300100001106 问题如下 6. Baseupon the information in Exhibits 1 an2, Cannwoulmost likely conclu thlite’s shares are: A.overvalue B.unrvalue C.fairly value C is correct.The P/E-to-growth (PEG) ratio is calculateving a stock’s P/E the expecteearnings growth rate, expressea percent. To calculate lite’s PEG ratio, first calculate the P/E ratio: $65.50/$3.50 = 18.71. In this case, the forwarearnings shoulusegiven the recent acquisition of the water bottling company. Next, calculate lite’s PEG ratio: 18.71/12.41 = 1.51. Comparing lite’s PEG ratio of 1.51 to the PEG ratio of 1.74 (16.59/9.52) for Fresh IceTe1.31 (15.64/11.94) for Nonutter So, anto the beverage sector average of 1.52 (16.40/10.80), it appears thlite’s shares are fairly value This is terminethe fathlite’s PEG ratio is in the mile of the range of PEG ratios anvery close to the sector average. Therefore, the shares appeto fairly value 如果该公司的PEG小于平均值的话，结果是unrvalue对吗？是根据price来判断吗？
NO.PZ201512300100001106 老师,这道题的题干哪些说了要用PEG来比较呢?