沈阳工业大学学报(社会科学版)Issue(2):168-175,8.DOI:10.7688/j.issn.1674-0823.2015.02.10
家电板块股票收益与市盈率关系的实证分析∗--以深圳股市为例
Empirical analysis of relations between stock returns and price earnings ratio of appliances stocks:a case of Shenzhen stock market
张强 1王招娣 2陈昊2
作者信息
- 1. 东北财经大学 金融学院,辽宁 大连116023
- 2. 哈尔滨工程大学 经济管理学院,哈尔滨150001
- 折叠
摘要
Abstract
After the abolishment of a series of subsidy policies to appliances since 2009 , the stock prices of appliances industry goes up and down drastically. Investors need urgently the related indicators to guide their stock investment decisions. Through literature study and regression analysis, the monthly data of Shenzhen Stock Exchange from January 2004 to December 2013 are selected as sample, and empirical analysis is produced on the relationship between stock returns ratio and market earnings ratio. Finally the factors of earnings ratio, market excess returns ratio and book-market ratio are selected as significant variables of the regression model. The reasons are analyzed from the scale, growth trend, dividends and other aspects of listed companies, and policy suggestions are brought forward from aspects of investors and relevant government departments.关键词
家电市场/股票收益/市盈率/回归统计/超额收益率/账面市值比Key words
appliance market/stock returns/price earnings ratio/regression statistics/excess returns ratio/book-market ratio分类
管理科学引用本文复制引用
张强,王招娣,陈昊..家电板块股票收益与市盈率关系的实证分析∗--以深圳股市为例[J].沈阳工业大学学报(社会科学版),2015,(2):168-175,8.