A sharp drop in stock market value of 9 days to 24 times price-earnings ratio 3910000000000.

After eight-yin, the Shanghai composite index on 16 June the first rise, but only a slight increase your height, line still keep on yin 9, 80% of the stock is still in a State of decline. From June 3, just nine trading day in A stock market value dropped to 18.55 trillion worth evaporation up 3.91 billion yuan, down to 24 times shijinglv.

(Http://) large spare tire from 3 June to 16 July total declined 16.94%, Shanghai and Shenzhen stock market capitalisation consists of A 2 June 22.46 billion reduced to 16 June 18.55 3.91 trillion trillion, loss, reduction of 17.41%. A market value of shares from 2 June 74877.25 billion reduced to 16 June 60835.31 billion loss 14041.94 billion reduction of 18.75%.

Because the market has accumulated a large decrease in the earnings levels also dropped sharply. Our annual report 2007 calculation of financial data, from 2 June to 16 June, all A-shares of earnings from 29.08 times dropped to 24.13 times. Where A unit on the card by 28.05 times dropped to 23.04 times, A unit of Shenzhen Stock Exchange Board from 35.96 times dropped to 28.92 times, small and medium-sized Board from 44.61 times dropped to 36.45 times.

In addition, CSI 300 from 26.43 times dropped to 22.07 times, SSE 50 from 25.15 times dropped to 21.33 times, szse 100 Index dropped by 29.24 23.64 times. It is not difficult to see that the market price-earnings ratio of blue chip, has been in the level of the international market position. Among them, b share of earnings have decreased by 20.36 times to 18.54, basic and international market. If combined with the overall performance of listed companies to grow, the current value of A stock is undervalued.

To 16 June, the calculation of the closing price, p/e ratio is less than 20 times the number of A shares only to 244. If the buttons unless recurring profit and loss calculation of net profit, earnings of less than 20 times A unit quantity is 153 only. 153 only A share, in the time interval in the cumulative decline is less than the market's only 28 only to bank stocks and the iron and steel shares. Most of the low price-earnings ratio is not the result of the stock performance, shows Offcourse funds does not wish to enter the market actively undertake such varieties.

In addition to the price-earnings ratio, shijinglv can also be used as measuring the value of the equity investments in listed companies. From 2 June to 16 June, all A-shares shijinglv from 4.31 times dropped to 3.58 times. Where A unit on the card by 4.23 times dropped to 3.53 times, A unit of Shenzhen Stock Exchange Board from 4.79 times dropped to 3.85 times, small and medium-sized Board from 6.05 times dropped to 4.96 times.

As a result of natural disasters, macro-economic and other reasons, A stock performance of listed companies has increased by some uncertainty, but experienced a more substantial decline, some valuation has entered a serious underestimation of the State, and some large blue chip's decline slowing down or bottomed out, displays the value of the stock of internal investment began to play a supportive role.