The latest PE (excluding negative value, TTM, the same below) of media is 22.4 1 times, and the percentage of P/E ratio is 80.0 1%, that is, the current valuation is more expensive than the historical trading day of 80.0 1%. The latest PE (TTM) of medical biology is 26.27 times, and the percentage of price-earnings ratio is 15. 1 1%.
For the media sector, Essence Securities believes that in 2022, movies and games are expected to usher in the bottom of the policy and look forward to the future trend of the industry. In the content, application, scene and mode of the next generation hardware devices, the current game industry is expected to take the lead in using new content to meet the C-side experience requirements of the next generation computing platform based on its own technical strength. Judging that the game sector will usher in the market of valuation repair with the help of policies.
In terms of pharmaceutical biology, Xinhua Fund said that the proportion of pharmaceutical holdings in Public Offering of Fund dropped to the lowest level since 20 18 years, and the valuation level of the pharmaceutical industry returned to a better position. Considering that drugs, as a national necessity, have just-needed properties, and in the long run, China is in the accelerated stage of population aging, so there is no need to be pessimistic about the long-term demand for drugs.
Regarding the valuation of the popular market index, the latest valuation of the CSI Bank Index is 4.3 times, which is at an extremely low position in history. The valuations of new energy vehicles, semiconductors and military industries are 28.23 times, 465 times, 438+0. 19 times and 49.62 times respectively. The P/E ratios of Zhengguo Food, new energy vehicles and securities companies rank in the top three, which are 60.74%, 30.68% and 25. 15% respectively.