Study on Investment Valuation of Listed Marine Fisheries Companies——Based on DDM and P/E Ratio Models

Chinese Agricultural Science Bulletin ›› 2014, Vol. 30 ›› Issue (11) : 29-33. DOI: 10.11924/j.issn.1000-6850.2013-2451
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Study on Investment Valuation of Listed Marine Fisheries Companies——Based on DDM and P/E Ratio Models

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Abstract

Recently the State Council issued a number of observations on the promotion of sustained and healthy development of marine fisheries, which support qualified marine fisheries enterprises listing and financing. This means China's marine fisheries enterprises will further activity in the capital markets in the future. Study the investment value of listed marine fisheries companies will help investors pay more attention to the listed company itself conduct of operations and performance, for the managers of listed marine fisheries companies, the ease of analysis in which the position in the industry, identify factors affecting investment value, so as to provide reference for the next operation. This article is based on DDM and earnings model and takes empirical analysis on using individual stocks, through the use of two different models for the intrinsic value of ZhangZiDao estimate; compares its current trading price on the market for investment advice.

Key words

marine fisheries: listed companies; investment valuation; DDM; P/E ratio

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Study on Investment Valuation of Listed Marine Fisheries Companies——Based on DDM and P/E Ratio Models. Chinese Agricultural Science Bulletin. 2014, 30(11): 29-33 https://doi.org/10.11924/j.issn.1000-6850.2013-2451

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