There are many methods of valuation, which can be divided into many categories according to different classification standards. Theoretically speaking, vc (Venture Capital) and PE (Private Equity Investment) methods for valuing potential investment projects are mainly divided into three categories: the first category is the asset-based method, that is, the method of valuing all assets and liabilities of the target enterprise item by item, including replacement cost method and liquidation value method. The second category is relative value method, which mainly adopts multiplier method, which is relatively simple, such as price-earnings ratio, price-book ratio, price-book ratio, PEG, EV/EBITDA and other evaluation methods. The third category is income discount method, including FCFF, FCFE and EVA discount method. For different types of investments, the valuation methods are different.
legal ground
Article 15 of the Trial Measures: The accumulated rights and interests granted by any incentive object of a listed company through all effective equity incentive plans shall not exceed 65,438+0% of the company's total share capital, unless it is approved by a special resolution of the shareholders' meeting.