On the best long-term measure, the cyclically adjusted price-earnings ratio, Wall Street looks overvalued on a multiple of 21.9, some 33% above the historic average.
用最好的衡量长期收益的工具——周期性调整市盈率——衡量,华尔街金融市场的溢价为21.9倍,高于历史均值大约33%。
He points out that American equities are significantly overvalued on the best long-term measure, the cyclically adjusted price-earnings ratio which smooths profits over ten years.
他指出最优的长期预测工具,周期调整市盈率由于将过去十年间的利润进行了平滑,现在已显著高估了美国股票的价格。
It is a cosmetic measure which will do nothing to help the situation long term.
这是装点门面的措施,无益于局势的长期发展。
American officials say it will take at least two years for what one official called a meaningful measure of progress toward long-term stability.
VOA: special.2009.05.09
We can measure the heat capacity at constant volume, and now we have another term, and if we can figure out how to measure it, we'll have a complete form for this differential du which will enable us to calculate du for any process.
我们能够测量恒定体积下的热容,这里我们有另一项,如果能够知道怎么测量它,问我们就有了这个完整的微分式,就能够对任何过程计算。
Democrats and Republicans continue to argue what the true longer-term costs will be, with 10-year costs of the House measure put at more than $1 trillion.
VOA: standard.2009.12.25
应用推荐