杨同学2018-12-11 11:03:20

At the end of 2015, an analyst estimates the value of Copyright, Inc. common stock to be $84 per share using two-stage, dividend discount H-model and forecasts earnings for 2016 to be $4.20 per share. Copyright is most likely: A. Underpriced if its actual leading P/E is 15.0 times B. Underpriced if its actual leading P/E is 23.0 times C. Overpriced if its actual leading P/E is 16.0 times 老师您好，这道题我可以算出来利用valuation model得到的leading P/E=20.0 times.但后续的如何判断mispricing我总是没有很好的记忆方法。请问如何比较actual 和 estimated ratio来得到mispricing的结论呢？