Valuation system with China characteristics

There is always a lack of various valuation methods in classic textbooks. There are the following common types: market comparison method, which compares an asset with its neighboring assets according to its market price. Nowadays, real estate is linked to the price increase, and many people are considering this factor. The discounted cash flow method is to estimate the future income of an asset through years of discount. This is why some listed companies can enjoy a higher P/E ratio, because the future discount is originally based on various assumptions, and the optimistic discount is always the reason for speculating the stock price. The asset value method usually refers to net assets. If an enterprise looks at nothing but the net asset value, most people will still feel safe. (Of course, state-owned banks have broken this sense of security. Since there is a valuation, there must be overestimation, underestimation and accurate valuation. The ups and downs of the stock market reflect the * * * knowledge of all market participants, and then constantly break the * * * knowledge to form new * * * knowledge. The so-called stock market ebbs and flows. When people participate in the property market, what they see is: market conditions, bank endorsement (lending). Don't buy it if it falls, and don't buy it if you can't lend it. This is a simple rule that people follow.