Yintoni 'i-Stocks Are Cheap (okanye Ixabiso')?

Ukuziphendula Impendulo Inokuthi Yenze i-Buy or Sell Decision

Njengomtyalo-mali kwisitokisini, yintoni i-pundits ithetha xa bethetha 'izitokhethi zingabizi (okanye zibiza)'? Uvame ukuva oku kuhambelana nebali nokuba ngaba lihle (okanye libi) ixesha lokuthenga okanye ukuthengisa.

Ngokuqhelekileyo, babhekiselele kwi-PE (isilinganiso somvuzo wamanani) esitokisini. Le tetric ikuxelela ukuba ngaba abatyala-mali bazimisele kangakanani ukuhlawula imali ezuzwa yinkampani. Ngokubanzi, iphakamileyo ye-PE, ngaphezulu 'kubiza' isitokisi.

I-PE yesitokthi ibalwa ngokuthatha ixabiso langoku ngexabiso ngalinye kwaye lihlule nge-share share (EPS). I-Formula: intengo yesabelo ngasinye / isabelo ngasinye ngesabelo = isilinganiso somvuzo.

Ngokomzekelo, inkampani ene-$ 2 ye-EPS kunye nexabiso langoku lwama-$ 20 liza kuba ne-PE ye-10. Oku kukuxelela ukuba abatyali-mali bazimisele ukuhlawula amaxesha angama-10 kwi-EPS kwisitokisi.

Njengoko uyakubona, ukuba imali ihlala ihlala ihlala, kodwa ixabiso ngalinye isabelo siyaqhubeka ukuphakama i-PE iya kuba phezulu. Ngexesha elithile, isitokethi siya kuthathwa 'kubiza,' esoloko ihamba phambi kweengcebiso zokuthengisa. Ngokwahlukileyo, njengoko i-PE iwa, isitokisi siya kuba 'esincinci' kwaye ingaba ngumthengi wokuthenga.

Ewe, i-PE iyisisitye esisodwa ekuvavanyeni i-stocks, Nazi ezinye .

Nangona kunjalo, akukho nanye kule nto ekuxelela ukuba yiyiphi i-PE inempahla engabizi okanye iyabiza. Kwizitshixo ngabanye, kufuneka ubhekane neontanga zontanga ukuthelekisa ii-PE zabo. Ukuba iinkampani zecandelo lesitokisi zibonisa ii-PE eziphezulu, ngoko umviwa wakho angabi nancinci.

Ngokufanayo, ukuba icandelo linama-PE angaphantsi, isitokhi sinokubiza.

Unokukhangela kwakhona kwimarike yonke ukuba ubone ukuba, ngokubanzi izinto ezincinci zibiza okanye zibiza. Indlela enhle yokwenza oko kukuhlola i-PE yekhowudi ye-S & P 500, enokuthi ithathwa njengommeli we-stock market.

Uyakwazi ukufumana ulwazi lwangoku kunye neembali kwi-PE ye-S & P 500 apha kunye neqendu elide kwiingcamango ezincinci okanye ezibizayo apha.