West China Cement has been trading on a prospective earnings multiple of about 5.
中国西部水泥的市盈率一直保持在5倍左右。
The earnings multiple for Shanghai's A-share index is less than half the level it reached during the 2007 bubble.
上海A股的收益指数连2007年泡沫时期水平的一半都达不到。
The earnings multiple for Shanghai’s A-share index is less than half the level it reached during the 2007 bubble.
上海A股的收益指数连2007年泡沫时期水平的一半都达不到。
sort of takes the cyclicality out of earnings and you can see over history how that multiple has varied.
一定程度上在收益上避免了周期性的,而且你可以看到随着历史的进程,这个倍数发生了多大的变化。
Professor Shiller, in his books, he's got current multiple of trailing ten-year earnings.
席勒教授在他的书里,讲到他已经获得了比过去十年多几倍的现金收入。
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