Kessler said in his report that the stock's current valuation is justified because he expects Baidu's profits to grow at a rate of 40% a year, on average, for the next few years.

凯斯勒在报告中说现在的股价符合百度的实际价值，他预期百度的利润将以平均40%的速度在未来几年里持续增长。

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Valuation report should be obtained from a reputed valuer.

估价报告应当由知名的估价师出具。

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Facebook recently suffered its first-ever consecutive decline in valuation on the private secondary markets, according to a report being released later today by research firm PrivCo.

上周五晚些时候，研究机构PrivCo发布报告指出，近来，在二级私募市场，Facebook的市值出现了前所未有的持续下滑。

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