Kunzwisisa Purogiramu Kuverenga Ratio

Apo iwe unofunga pamusoro pevatengesi vakakurumbira munhoroondo yemusika wemabhizimisi, mazita akaita saWarren Buffett naBenjamin Graham vanouya mupfungwa. Vaya varairi vezvinyorwa vanotsigira "kukosha kuisa" uye hapana chikonzero chekuongorora mamiriyoni akawanda anowirirana nehuwandu kupfuura mutengo-ku-book ratio. Kunyange iwe usati uwane upfumi hwaWarren Buffett, unogona kuva nhengo yeboka iri rakanyarara revarimi vanoisa mari mumutambo wakareba.

Kufananidza Price-to-Book Ratio

Zvimwe chete, mutengo-kusvika-book ratio, kana chikwata cheP / B, iyo inoshandiswa mune zvemari inoshandiswa kuenzanidza mutengo wemakambani wezvino pamusika kune kukosha kwebhuku. Iyo dzimwe nguva inozivikanwa semushamba-ku-book ratio. Pfungwa ye "kukoshesa kuisa mari" munguva yakareba ndeyokuwana vatengesi vanogara kune vamwe vatengesi vakapfuurira uye vanobatanidza kwavari sezvo makambani anofamba nezvebhizimisi ravo pasina kutarisa pamusika. Zvadaro, kamwe kamwe pasina kunyeverwa kana fanfare, chikwata chinorara chinoputika pahwindo reimwe muongorori uyo "anozviwana" uye anowedzera mari yacho. Munguva iyo, sekukosha kwevatengi, iwe unotakura pfuma yakawanda, dzimwe nguva kunyange uchive wakafuma.

Nzira mbiri dzekuverenga P / B Ratio

Kana ukasarudza kuverenga chiyero chekutanga nzira, kambani yemaketeni yemari inokonzererwa nekambani yebhuku rinokosha kubva kubheji rayo. Asi, kana ukasarudza kuverenga chiyero chechipiri nzira (kureva, kushandiswa kwezvikamu zvekugoverana) iwe unofanira kugovera mutengo wemugove wezvino webhuku kuburikidza nebhuku rinokosha pers share.

Mune mamwe mazwi, kukosha kwakakamurwa nenhamba yezvikamu zvakakosha.

Kusiyana kweChinhu

Sezvo kune zvizhinji, pane huwandu hwakaenzana hwekusiyana nemaindasitiri. Zvikwata zvinoda zvimwe zvivako zvekugadzirisa (inodhi imwe neimwe yebato) inowanzotengeserana neP / B mairiro akaderera zvakanyanya kupfuura, semuenzaniso, kubvunza mahofisi.

Mutengo-ku-book ratios inowanzoshandiswa kuenzanisa mabhizinesi nokuti akawanda masimba uye zvikwereti zvebhangi zvinowanzokoshesa pamusika. Chikwata chepamusoro cheP / B chinoreva kuti vashandi vanotarisira hutungamiri kugadzira huwandu huzhinji kubva pane imwe nzvimbo yezvinhu. Zvakakosha kuziva kuti P / B nhamba dzenyika hadzisi, zvisinei, inopa zvakananga chero ruzivo rwekugona kwekambani kuunza purofiti kana mari kune vashandi.

Kukanganisa Kushandisa P / B Ratio

Apo maverengero ekugadzirisa anoshandiswa nemafemu akasiyana, zviyero zveP / B hazvingafananidzi, kunyanya kumakambani anobva kunyika dzakasiyana. Uyezve, zviyero zveP / B zvinogona kunge zvisingabatsiri kumasekeri nemakambani ezvekombiyuta ane zvishoma zvigadzirwa zvinooneka pamashizha ayo.

Ko Zvakadini Nezvikwata Zviri Mumatambudziko?

Purogiramu yeP / B inopawo imwe pfungwa yekuziva kuti kana wekusima mari ari kubhadhara zvakanyanya kune izvo zvingasara kana kambani ikarohwa pakarepo. Kune makambani ari mukutambudzika, kukosha kwebhuku kunowanzoverengwa kunze kwezvinhu zvisingaoneki izvo zvingadai zvisina kanazve zvakare. Mumamiriro ezvinhu akadaro, chikwata cheP / B chinofanira kuverengerwa pane "zvakaderedzwa," nokuti zvisarudzo zvingashandiswa pakutengeswa kwekambani kana pakufambiswa kwevatungamiri.

Nyaya dziri munyaya dzino dzakatevedzana:

1. Makomborero ega Share - EPS
2. Mutengo kuNhanho Kubhadhara - P / E
3. Kukurudzirwa Kuwana Kukura - PEG
4. Mutengo Wokutengesa - P / S
5. Mutengo Wokuverenga - P / B
6. Mutengo Wokubhadharisa Ratio
7. Kugovana Kunobereka
8. Book Value
9. Kudzoka paEquity

Dzokera kumusoro mukuru.