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568919751 · 2020年02月29日

问一道题:NO.PZ2018062002000094 [ CFA I ]

问题如下:

An investor has found that value stocks have better performance than growth stocks. She wishes to exploit the value effect, so which stock should be purchased?

选项:

A.

The stock of companies with higher than average dividend yields.

B.

The stock of companies with higher than average market-to-book ratios.

C.

The stock of companies with higher than average price-to-earnings ratios.

解释:

A is correct.

A value stock has below characteristics: above-average dividend yield, low price-to-earnings and low market-to-book ratios, and a growth stock has the opposite characteristics.

为什么pepb低。辛苦解释下
1 个答案

maggie_品职助教 · 2020年03月01日

嗨,从没放弃的小努力你好:


成长型的公司通常都是小公司、初创型的公司,它增长快,分红少,盈利少,因此相比它的股价来说PE高。而价值型的股票都是发展成熟的大公司大盘股,净资产账面价值较高,PB较低,利润高,因此相比它的股价来说PE低。投资少了赚的钱都分了,所以分红高。


-------------------------------
虽然现在很辛苦,但努力过的感觉真的很好,加油!


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