All of this requires accurate valuations.
这一切都依赖于精确的估值。
Just how optimistic are these valuations?
这些估值定价到底有多么乐观呢？
Stagflation is bad for stock market valuations.
滞涨不利于股市估值。
The valuations were lower than expected, however.
然而评价比预期的要低。
And that money has been driving up their valuations.
这些资金一直在抬高这些公司的估值。
The surveyors arrived at widely different valuations.
鉴定人作出了十分不同的估价。
With stocks up this year, valuations already are high.
由于今年股市持续上涨，估值已经很高。
A lot of young companies are receiving wild valuations.
许多年轻的公司正接受疯狂的估价。
Those higher valuations have duly led to lower returns.
而那些高估价已经导致低收益了。
Another sign of bubbles is a change in the basis of valuations.
另外一个泡沫的信号是对估值方式的改变。
Eventually, however, equity valuations reached very high levels.
不过，最终股票估值到了很高的水平。
You have to turn to relative valuations to make shares look cheap.
若要使股价看起来便宜，你就不得不求助于相对估值法了。
At current valuations, just beating expectations might not be enough.
以目前的估值来看，仅仅好于预期可能还不够。
Many of those companies deserve high valuations, but not all of them.
这些公司多数估值颇高，但也并非全部如此。
Caveat to Lesson No. 1: Extreme valuations are sometimes hard to recognize.
第1课警告：极端估值有时很难辨认。
A bit of sand in the gears will also remind investors not to ignore valuations.
齿轮中漏入少许沙粒，也会提醒投资者，不要忽略估值。
The trouble is, all this exuberance has already been priced into many valuations.
问题是，许多股票的估值已经把这一片繁荣景象都考虑在内了。
The froth in China’s web industry could also lead to unrealistic valuations elsewhere.
中国的网络产业泡沫同样也可能在别处导致不现实的估价。
The froth in China's web industry could also lead to unrealistic valuations elsewhere.
中国互联网产业泡沫也可能导致别处的不切实际的估价。
Though these markets have disappointed investors for years, valuations look attractive.
虽然这些市场一年又一年地让投资者失望，但估值看上去还是比较有吸引力的。
But the limited price signals available also suggest low confidence in their valuations.
然而目前可获得的有限价格信号显示市场对其估值水平缺乏信心。
But the limited price signals available also suggest low confidence in their valuations.
然而目前可获得的有限价格信号显示市场对其估值水平缺乏信心。
应用推荐