| 摘要 |
A method for valuing stocks includes determining ( 510 ) a risk-adjusted present value of dividends for a stock over a predetermined holding period; and determining ( 520 ) a risk-adjusted present value of a price for the stock at the end of the predetermined holding period, the price for the stock at the end of the predetermined holding period being based at least on a tangible book value of the stock at the end of the predetermined holding period. The method further includes determining ( 530 ) an intrinsic value of the stock from the risk-adjusted present value of dividends for the stock over the predetermined holding period and the risk-adjusted present value of the price for the stock at the end of the predetermined holding period, and displaying ( 540 ) the intrinsic value of the stock to a user.
|
